
About Ir Financial Services Private Limited
Data last updated:
Ir Financial Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 02 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2006PTC047866. Its GSTIN is 24AABCI4803M1ZN (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhargav Manojbhai Chokshi and Bhairav Manojbhai Chokshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 704 The First B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.09 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹45,483 (net margin -0.9%) and EBITDA of ₹3.73 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irfinancialservices.business.site.
Company details
Contact details
Ir Financial Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is irfinancialservices.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 704 The First B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ir Financial Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ir Financial Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Ir Financial Services Private Limited, buy the company report.
Financials of Ir Financial Services Private Limited
FY 2025 filings availableIr Financial Services Private Limited reported revenue of ₹51.09 Lakh (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 38% growth in the latest year. EBITDA rose 477% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹45,483 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ir Financial Services Private Limited, buy the company report.
Board of directors of Ir Financial Services Private Limited
Ir Financial Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargav Manojbhai Chokshi Also directs: Bookbyair (India) Private Limited | Director | 31 Oct 2022 | 4 Years 0 Months | Current |
| Bhairav Manojbhai Chokshi Also directs: Bookbyair (India) Private Limited | Director | 01 Sep 2018 | 8 Years 2 Months | Current |
Auditor
Ir Financial Services Private Limited is audited by DHIRAJLAL SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIRAJLAL SHAH & CO | FY 2023 | 102500W |
Shareholding
The shareholding of Ir Financial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ir Financial Services Private Limited, buy the company report.
Legal cases
Ir Financial Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Etechaces Marketing and Consulting Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by an individual | Disposed |
To see the full case history of Ir Financial Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ir Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ir Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI4803M1ZN | Gujarat | Active | 09 Aug 2017 |
To see the full GST registrations and return filing status of Ir Financial Services Private Limited, buy the company report.
Recent activity
Ir Financial Services Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Bhargav Manojbhai Chokshi was appointed as Director on 31 Oct 2022.
Frequently asked questions
Ir Financial Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 02 March 2006 (20+ years old) and is registered under CIN U74140GJ2006PTC047866.
Ir Financial Services has 2 current directors:
- Bhargav Manojbhai Chokshi - Director
- Bhairav Manojbhai Chokshi - Director
The latest financial statements of Ir Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ir Financial Services is 24AABCI4803M1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Ir Financial Services is U74140GJ2006PTC047866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ir Financial Services has 2 court cases on record: 2 filed against it.
Ir Financial Services was incorporated on 02 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhargav Manojbhai Chokshi was appointed as Director on 31 Oct 2022. Bhargav Manojbhai Chokshi ceased to be Director on 15 Nov 2018. Prit Bhairavbhai Chokshi ceased to be Additional Director on 15 Nov 2018. Ir Financial Services has 9 board changes on record in total.
Ir Financial Services can be reached through the website irfinancialservices.business.site. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Ir Financial Services is at C – 704 The First BS Keshavbaug Party Plot BH Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.

