Rag Finance (Bombay) Private Limited

Founded in 1991 and headquartered in Maharashtra, India.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Rag Finance (Bombay) Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.20 M
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -75.85%
  • Profit Growth -118.05%
  • Ebitda -119.08%
  • Net Worth -5.73%
  • Total Assets -0.59%

About Rag Finance (Bombay)

Rag Finance (Bombay) Private Limited (RFBPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 August 1991 and has a history of 33 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

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 4.00 M and a paid-up capital of Rs 3.20 M, as per Ministry of Corporate Affairs (MCA) records.

Rohit Chothani, Chetan Thakkar, and Chandni Chothani 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

    U65944MH1991PTC063079

  • Company No.

    063079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1991

  • Date of AGM

    30 Sep 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 Rag Finance (Bombay)?

Board Members (3)

NameDesignationAppointment DateStatus
Chandni Chothani Country flag representing In Director 07-Feb-2013Current
Rohit Chothani Country flag representing In Director 27-Aug-1991Current
Chetan Thakkar Country flag representing In Director 01-Mar-2021Current

Financial Performance of Rag Finance (Bombay).

Rag Finance (Bombay) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 75.85% decrease. The company also saw a substantial fall in profitability, with a 118.05% decrease in profit. The company's net worth dipped by a decrease of 5.73%.

Rag Finance (Bombay) revenue growth over time
Rag Finance (Bombay) profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-75.85%
Revenue from Operations
-58.31%
Total Assets
-0.59%
Profit or Loss
-118.05%
Net Worth
-5.73%
EBITDA
-119.08%

What is the Ownership and Shareholding Structure of Rag Finance (Bombay)?

In 2017, Rag Finance (Bombay) had a promoter holding of 49.02% and a public holding of 50.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Rag Finance (Bombay)?

Unlock and access historical data on people associated with Rag Finance (Bombay), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rag Finance (Bombay) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rag Finance (Bombay), 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 Rag Finance (Bombay)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Rag Finance (Bombay)

Recent activity within the organization

  • Annual General Meeting

    Rag Finance (Bombay) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Rag Finance (Bombay) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Chetan Jitendra Thakkar was appointed as a Director was appointed as a Director on 01 Mar 2021 & has been associated with this company since 4 years 28 days .

  • Director Appointment

    Chandni Rohit Chothani was appointed as a Director was appointed as a Director on 07 Feb 2013 & has been associated with this company since 12 years 1 month .

  • Director Appointment

    Rohit Narshidas Chothani was appointed as a Director was appointed as a Director on 27 Aug 1991 & has been associated with this company since 33 years 7 months .

  • Company Incorporation

    Rag Finance (Bombay) Private Limited was registered on 27 Aug 1991 with Roc Mumbai & aged 33 years 7 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Rag Finance (Bombay) Private Limited?

    Rag Finance (Bombay) Private Limited was incorporated on 27 Aug 1991.

  • What is authorized share capital and paid-up capital of Rag Finance (Bombay) Private Limited?

    The authorized share capital of Rag Finance (Bombay) Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.20 M.

  • Who are the current board members & directors of Rag Finance (Bombay) Private Limited?

    Currently 3 directors are associated with Rag Finance (Bombay) Private Limited.

    • Rohit Narshidas Chothani
    • Chetan Jitendra Thakkar
    • Chandni Rohit Chothani

  • What is the registered address of Rag Finance (Bombay) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rag Finance (Bombay) Private Limited is Office No. 1101 11Th Floor P. J. Tower Dalal Street Bse, Fort India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Rag Finance (Bombay) Private Limited?

    The corporate identification number (CIN) of Rag Finance (Bombay) Private Limited is U65944MH1991PTC063079 and the company number is 063079 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Rag Finance (Bombay) Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Rag Finance (Bombay) Private Limited has fallen by -75.85%.

  • What change has been observed in the net worth of Rag Finance (Bombay) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Rag Finance (Bombay) Private Limited has experienced an downturn of -5.73%.

  • When was the last Balance Sheet of Rag Finance (Bombay) Private Limited filed with the ROC?

    The most recent Balance Sheet for Rag Finance (Bombay) Private Limited was filed with the ROC on 31 Mar 2024.

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