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Ideaforge Technology Limited Location T. Score Charges People Network Registered Details
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IDEAFORGE TECHNOLOGY LIMITED

Active
Updated: 26 Oct 2024

The company develops and manufactures unmanned aerial systems and alternative energy products.

Ideaforge Technology Limited, is an unlisted public company incorporated on 08 February, 2007. It is classified as a public limited company and is located in Thane, Maharashtra. It's authorized share capital is INR 60.00 cr and the total paid-up capital is INR 43.03 cr.

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Industry

Manufacturing (Machinery & Equipments)
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
16.66%
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EBITDA
-35.6%
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Net Profit
-27.31%
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Networth
98.84%
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Borrowings
1424.03%
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Assets
119.46%
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Gross Margin
-5.79
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Operating Margin
-20.54
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Net Profit Margin
-10.97
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Return on Equity
-17.1
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ROCE
-35.01
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Debt to Equity
0.24
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (1)
State Type Address

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Tofler Score

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Poor
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Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
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Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Axis Bank Limited

No. of Loans: 1

Total Amount : 75.0 cr

2

Export-Import Bank of India

No. of Loans: 1

Total Amount : 75.0 cr

3

HDFC Bank Limited

No. of Loans: 1

Total Amount : 59.3 cr

4

Union Bank of India

No. of Loans: 1

Total Amount : 13.4 cr

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Charges

Axis Bank Limited
Export-Import Bank of India
HDFC Bank Limited
Union Bank of India

People

Designation Name DIN/PAN Tenure
Nominee Director Ganapathy Subramaniam
Shareholder
00019891 7 years
Director Vikas Balia 00424524 2 years
Director Srikanth Velamakanni 01722758 2 years
Nominee Director Mathew Cyriac
Shareholder
01903606 2 years
Whole-time Director Rahul Singh
Shareholder
02106568 18 years
Whole-time Director Ankit Mehta
Shareholder
02108289 18 years
CEO Ankit Mehta
Shareholder
<HIDDEN> 2 years
Whole-time Director Ashish Ramesh Bhat
Shareholder
02480920 18 years
Director Sutapa Banerjee 02844650 2 years
CFO Vipul Joshi
Shareholder
<HIDDEN> 2 years
CS Sonam Dilipkumar Gupta <HIDDEN> 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CIREL SYSTEMS PRIVATE LIMITED
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IDEAFORGE TECHNOLOGY LIMITED
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43.0 Cr 11 Maharashtra
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FLORINTREE INFRA LLP
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FLORINTREE VENTURES LLP
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FLORINTREE ENTERPRISE LLP
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FLORINTREE SOLUTIONS LLP
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SATSURE ANALYTICS INDIA PRIVATE LIMITED
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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
ideaForge Technology Inc United States - -
ideaForge Technology Inc. United States - -

Registered Details

CIN

L31401MH2007PLC167669

PAN

AABCI6495B

Incorporation

2007, 17.8 years

Company Email

compliance@ideaforgetech.com

Paid up Capital

₹ 43.0 Cr

Authorised Capital

₹ 60.0 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
Reconfirm refresh img

Mar 2024 Updated on : 26 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - IDEAFORGE TECHNOLOGY LIMITED

What is the incorporation date of IDEAFORGE TECHNOLOGY LIMITED?

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The incorporation date of IDEAFORGE TECHNOLOGY LIMITED is 08 February, 2007

What is the authorized share capital of IDEAFORGE TECHNOLOGY LIMITED?

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The authorized share capital of IDEAFORGE TECHNOLOGY LIMITED is INR ₹ 60.0 Cr.

What is the paid-up capital of IDEAFORGE TECHNOLOGY LIMITED?

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The paid-up capital of IDEAFORGE TECHNOLOGY LIMITED is INR ₹ 43.0 Cr.

What is the registered address of IDEAFORGE TECHNOLOGY LIMITED?

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The registered address of IDEAFORGE TECHNOLOGY LIMITED is El-146, TTC Industrial Area, Electronic Zone MIDC, Mahape, Navi Mumbai NA Navi Mumbai Thane Maharashtra - 400710

What is the CIN number of IDEAFORGE TECHNOLOGY LIMITED?

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The CIN number of IDEAFORGE TECHNOLOGY LIMITED is L31401MH2007PLC167669.

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