ideaForge Technology Management
Management criteria checks 2/4
ideaForge Technology's CEO is Ankit Mehta, appointed in Feb 2007, has a tenure of 17.92 years. directly owns 8.57% of the company’s shares, worth ₹2.38B. The average tenure of the management team and the board of directors is 17.1 years and 4.9 years respectively.
Key information
Ankit Mehta
Chief executive officer
₹35.3m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 17.9yrs |
| CEO ownership | 8.6% |
| Management average tenure | 17.1yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹130m |
| Jun 30 2024 | n/a | n/a | ₹276m |
| Mar 31 2024 | ₹35m | n/a | ₹453m |
| Dec 31 2023 | n/a | n/a | ₹291m |
| Sep 30 2023 | n/a | n/a | ₹65m |
| Jun 30 2023 | n/a | n/a | ₹96m |
| Mar 31 2023 | ₹14m | ₹12m | ₹320m |
| Dec 31 2022 | n/a | n/a | ₹698m |
| Sep 30 2022 | n/a | n/a | ₹1b |
| Jun 30 2022 | n/a | n/a | ₹956m |
| Mar 31 2022 | ₹8m | ₹7m | ₹440m |
| Mar 31 2021 | ₹4m | ₹3m | -₹146m |
| Mar 31 2020 | ₹4m | ₹4m | -₹112m |
Compensation vs Market: Ankit's total compensation ($USD411.71K) is above average for companies of similar size in the Indian market ($USD254.86K).
Compensation vs Earnings: Ankit's compensation has increased by more than 20% in the past year.
CEO
Ankit Mehta (41 yo)
17.9yrs
Tenure
₹35,310,000
Compensation
Mr. Ankit Mehta is the Co-Founder and Chief Executive Officer of ideaForge Technology Limited since February 8, 2007 and December 01, 2022, respectively and has been its Director since February 8, 2007. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.9yrs | ₹35.31m | 8.57% ₹ 2.4b | |
| Co-Founder | 17.9yrs | ₹35.28m | 8.33% ₹ 2.3b | |
| Co-Founder | 17.9yrs | ₹35.28m | 7.88% ₹ 2.2b | |
| Co-Founder & CFO | 16.3yrs | ₹41.90m | 4.3% ₹ 1.2b | |
| Company Secretary & Compliance Officer | 2.1yrs | ₹1.34m | no data | |
| Vice President of Sales & Business Development | 2.1yrs | ₹36.79m | 0.72% ₹ 198.8m | |
| Senior Director of Operations | no data | no data | 0.024% ₹ 6.7m |
17.1yrs
Average Tenure
41yo
Average Age
Experienced Management: 543932's management team is seasoned and experienced (17.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.9yrs | ₹35.31m | 8.57% ₹ 2.4b | |
| Co-Founder | 17.9yrs | ₹35.28m | 8.33% ₹ 2.3b | |
| Co-Founder | 17.9yrs | ₹35.28m | 7.88% ₹ 2.2b | |
| Non-Executive Nominee Director | 2.6yrs | no data | 0.94% ₹ 260.5m | |
| Independent Chairman | 2.1yrs | ₹800.00k | no data | |
| Non-Executive Nominee Director | 7.2yrs | no data | 2.13% ₹ 590.6m | |
| Independent Director | 2.1yrs | ₹1.50m | no data | |
| Independent Director | 2.1yrs | ₹1.50m | no data |
4.9yrs
Average Tenure
49.5yo
Average Age
Experienced Board: 543932's board of directors are considered experienced (4.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 12:38 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ideaForge Technology Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Renu Baid Pugalia | IIFL Research |
| Hardik Rawat | IIFL Research |