Indiabulls Rural Finance Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 41.80 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 50.00 Cr
- Revenue Growth -40.76%
- Profit Growth -54.80%
- Ebitda -39.01%
- Net Worth 3.95%
- Total Assets -1.40%
About Indiabulls Rural Finance
Indiabulls Rural Finance Private Limited (IRFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 1993 and has a history of 31 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Littleman Fiscal Services P Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 41.80 Cr.
The company has closed loans amounting to ₹50.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indiabulls Rural Finance Private Limited India are Love as CFO and Deepak Chadda as Company Secretary. Prem Mirdha, Vijay Agrawal, and Purav Acharya serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140MH1993PTC074596
- Company No.
074596
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Oct 1993
- Date of AGM
28 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Indiabulls Rural Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Love | CFO | 17-Nov-2023 | Current |
| Deepak Chadda | Company Secretary | 29-Nov-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Purav Acharya  | Whole-Time Director | 26-May-2023 | Current |
| Prem Mirdha | Director | 23-Apr-2019 | Current |
| Vijay Agrawal | Director | 28-May-2022 | Current |
Financial Performance of Indiabulls Rural Finance.
Indiabulls Rural Finance Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 40.76% decrease. The company also saw a substantial fall in profitability, with a 54.8% decrease in profit. The company's net worth moved up by a moderate rise of 3.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indiabulls Rural Finance?
In 2021, Indiabulls Rural Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indiabulls Asset Reconstruction Company LimitedPrem Mirdha is a mutual person
Yaari Digital Integrated Services LimitedPrem Mirdha is a mutual person
Dhani Services LimitedPrem Mirdha is a mutual person
- Dhani Loans And Services Limited
Prem Mirdha is a mutual person
- Indiabulls Cityheights Limited
Purav Acharya is a mutual person
Airmid Aviation Services LimitedPrem Mirdha is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹50.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2020 | Idbi Trusteeship Services Limited | ₹50.00 Cr | Satisfied |
How Many Employees Work at Indiabulls Rural Finance?
Indiabulls Rural Finance has a workforce of 3 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indiabulls Rural Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indiabulls Rural Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Indiabulls Rural Finance
Recent activity within the organization
- Annual General Meeting
Indiabulls Rural Finance Private Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.
- Balance Sheet
Indiabulls Rural Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Deepak Chadda was appointed as a Company Secretary was appointed as a Company Secretary on 29 Nov 2023 & has been associated with this company since 1 year 3 months .
- Director Appointment
Love was appointed as a Cfo was appointed as a Cfo on 17 Nov 2023 & has been associated with this company since 1 year 4 months .
- Charges
A charge registered on 14 Aug 2020 via Charge ID 100374923 with Idbi Trusteeship Services Limited was fully satisfied on 17 Jul 2023.
- Director Appointment
Purav Acharya was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 May 2023 & has been associated with this company since 1 year 10 months .
Recent News, Updates & Announcement
Indiabulls Housing Finance Shifts Focus to Retail Loans, Aims for 20% Growth and Positive Image.Indiabulls Housing Finance is leaving risky developer loans and focusing on retail loans. They want to grow their loan book and profits by 20% in the next few years. They also want to change the negative perception around them..
- Indiabulls Group companies fall on plea against housing finance arm | Mint.
Indiabulls Housing Fin tanked 5%, Indiabulls Real Estate fell 1.3%, Lakshmi Vilas Bank declined 5%, Indiabulls Ventures fell 1%.Earlier on 10 June a plea was filed in the SC, seeking legal action against Indiabulls Housing Fin, Sameer Gehlaut and the directors for alleged misappropriation of money.
Frequently asked questions
What is the Incorporation or founding date of Indiabulls Rural Finance Private Limited?
Indiabulls Rural Finance Private Limited was incorporated on 20 Oct 1993.
What is authorized share capital and paid-up capital of Indiabulls Rural Finance Private Limited?
The authorized share capital of Indiabulls Rural Finance Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 41.80 Cr.
Who are the current board members & directors of Indiabulls Rural Finance Private Limited?
Currently 5 directors are associated with Indiabulls Rural Finance Private Limited.
- Prem Prakash Mirdha
- Vijay Kumar Agrawal
- Purav Acharya
- Love
- Deepak Chadda
What is the registered address of Indiabulls Rural Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indiabulls Rural Finance Private Limited is One International Center Tower – 1 4Th Floor S. B. Marg, Elphin Stone (W) India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Indiabulls Rural Finance Private Limited?
The corporate identification number (CIN) of Indiabulls Rural Finance Private Limited is U74140MH1993PTC074596 and the company number is 074596 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indiabulls Rural Finance Private Limited?
The Official website of Indiabulls Rural Finance Private Limited is https://www.indiabullsruralfinance.com
What has been the recent revenue trend for Indiabulls Rural Finance Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Indiabulls Rural Finance Private Limited has fallen by -40.76%.
How many employees does Indiabulls Rural Finance Private Limited currently have?
As Per 2022 financial reports, 3 employees are currently employed by Indiabulls Rural Finance Private Limited.
What change has been observed in the net worth of Indiabulls Rural Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Indiabulls Rural Finance Private Limited has experienced an upsurge of 3.95%.
When was the last Balance Sheet of Indiabulls Rural Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Indiabulls Rural Finance Private Limited was filed with the ROC on 31 Mar 2024.
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