Rashi Fincorp Limited

Financial company offering broking, lending, and wealth management services with market access.

1993 | Mumbai, Maharashtra (India) | Active
Last Updated:

Rashi Fincorp Profile

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 6.41 Cr
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.79 Cr
  • Satisfied Charges ₹ 14.86 Cr
  • Revenue Growth 348.99%
  • Profit Growth 847.35%
  • Ebitda 91.90%
  • Net Worth -12.57%
  • Total Assets -0.19%

About Rashi Fincorp

Rashi Fincorp Limited (RFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 December 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 Jbf Finance 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 8.25 Cr and a paid-up capital of Rs 6.41 Cr.

The company currently has active open charges totaling ₹22.79 Cr. The company has closed loans amounting to ₹14.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rashi Fincorp Limited India is Dhaval Darji as COMPANY SECRETARY. Ashish Singhania, Vivek Singhania, and Pradyumna Singhania 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

    U65920MH1993PLC075442

  • Company No.

    075442

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Rashi Fincorp Limited

Explore comprehensive data for Rashi Fincorp Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rashi Fincorp?

Executive Team (1)

NameDesignationAppointment DateStatus
Dhaval Darji Country flag representing In Company Secretary07-Sep-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Singhania Country flag representing In Director 08-Feb-2013Current
Vivek Singhania Country flag representing In Director 08-Feb-2013Current
Pradyumna Singhania Country flag representing In Director 08-Apr-2021Current

Financial Performance of Rashi Fincorp.

Rashi Fincorp Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 348.99% increase. The company also saw a substantial improvement in profitability, with a 847.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.57%.

Rashi Fincorp revenue growth over time
Rashi Fincorp 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
348.99%
Revenue from Operations
123.34%
Total Assets
-0.19%
Profit or Loss
847.35%
Net Worth
-12.57%
EBITDA
91.90%

What is the Ownership and Shareholding Structure of Rashi Fincorp?

In 2022, Rashi Fincorp had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.79 Cr

Satisfied Charges

₹14.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr
  • Hdfc Bank Limited : 2.79 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2024Hdfc Bank Limited₹1.00 CrOpen
17 Nov 2023Others₹20.00 CrOpen
16 Nov 2022Hdfc Bank Limited₹1.79 CrOpen
24 Aug 2021Hdfc Bank Limited₹8.60 MSatisfied
24 Jun 2014Aditya Birla Finance Limited₹14.00 CrSatisfied

How Many Employees Work at Rashi Fincorp?

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

Employee growth trends for Rashi Fincorp Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashi Fincorp, 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 Rashi Fincorp'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 Rashi Fincorp

Recent activity within the organization

  • Charges

    A charge registered on 24 Aug 2021 via Charge ID 100476287 with Hdfc Bank Limited was fully satisfied on 06 Dec 2024.

  • Annual General Meeting

    Rashi Fincorp Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100983850 was registered on 13 Sep 2024.

  • Balance Sheet

    Rashi Fincorp Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 17 Nov 2023 with Charge ID 100814494 was modified on 12 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100814494 was registered on 17 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Rashi Fincorp Limited?

    Rashi Fincorp Limited was incorporated on 03 Dec 1993.

  • What is authorized share capital and paid-up capital of Rashi Fincorp Limited?

    The authorized share capital of Rashi Fincorp Limited is ₹ 8.25 Cr and paid-up capital is ₹ 6.41 Cr.

  • Who are the current board members & directors of Rashi Fincorp Limited?

    Currently 4 directors are associated with Rashi Fincorp Limited.

    • Ashish Singhania
    • Vivek Chandraprakash Singhania
    • Pradyumna Ashish Singhania
    • Dhaval Nareshbhai Darji

  • What is the registered address of Rashi Fincorp Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rashi Fincorp Limited is 72-A Mittal Tower, Nariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Rashi Fincorp Limited?

    The corporate identification number (CIN) of Rashi Fincorp Limited is U65920MH1993PLC075442 and the company number is 075442 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rashi Fincorp Limited?

    The Official website of Rashi Fincorp Limited is https://www.rashifincorp.com

  • What has been the recent revenue trend for Rashi Fincorp Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Rashi Fincorp Limited has risen by 348.99%.

  • What change has been observed in the net worth of Rashi Fincorp Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Rashi Fincorp Limited has experienced an downturn of -12.57%.

  • What are the total open charges for Rashi Fincorp Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Rashi Fincorp Limited amount to ₹ 22.79 Cr.

  • When was the last Balance Sheet of Rashi Fincorp Limited filed with the ROC?

    The most recent Balance Sheet for Rashi Fincorp Limited was filed with the ROC on 31 Mar 2024.

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