Reliance Commercial Finance Limited logo

Reliance Commercial Finance Limited

Provides secured lending services for small and medium enterprises, equipment and property backed loans.
2000 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 05, 2024
HomeCompanyReliance Commercial Finance Limited

Who are the key members and board of directors at Reliance Commercial Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Amit JhaCFO29-Jul-2023Current
Rohit BhanjaCEO17-Mar-2022Current
Avni ShahCompany Secretary09-Jan-2023Current

Board Members(5)

NameDesignationAppointment DateStatus
Sanjay Dangi In Director 14-Oct-2022Current
Rahul Bagaria In Director 05-Nov-2022Current
Amit Dangi In Director 14-Oct-2022Current
Bhaviika Jain In Director 27-Jan-2023Current
Mahavir Hingar In Director 05-Sep-2023Current

Financial Performance and Corporate Structure Insights of Reliance Commercial Finance.

Reliance Commercial Finance Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.08% decrease. The company also saw a substantial improvement in profitability, with a 157.12% increase in profit. The company's net worth Soared by an impressive increase of 69.86%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-16.08%
Revenue from Operations
-16.05%
Total Assets
54.88%
Profit or Loss
157.12%
Net Worth
69.86%
EBITDA
172.20%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹14,309.28 Cr

₹2,976.43 Cr

LenderAmountStatus

Others

Creation Date: 13 Oct 2022
₹250.00 CrOpen

Others

Creation Date: 19 Feb 2019
₹1,046.77 CrOpen

Others

Creation Date: 18 Jun 2018
₹732.02 CrOpen

How Many Employees Work at Reliance Commercial Finance?

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

Employee Graph

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Latest Updates, News, and FAQs on Reliance Commercial Finance

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 700.00 Cr registered on 05 Feb 2018 with Charge ID 100155812 was modified on 16 Jan 2024.

    16 Jan 2024

  • Annual General Meeting

    Reliance Commercial Finance Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Director Appointment

    Mahavir Mohanlal Hingar was appointed as a Director was appointed as a Director on 05 Sep 2023 & has been associated with this company since 1 year 3 months .

    05 Sep 2023

  • Charges

    A charge registered on 08 Dec 2017 via Charge ID 100141277 with Others was fully satisfied on 25 Aug 2023.

    25 Aug 2023

  • Balance Sheet

    Reliance Commercial Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Bhaviika Bharatkumar Jain was appointed as a Director was appointed as a Director on 27 Jan 2023 & has been associated with this company since 1 year 10 months .

    27 Jan 2023

Frequently asked questions

  • Reliance Commercial Finance Limited was incorporated on 17 Aug 2000.

  • The authorized share capital of Reliance Commercial Finance Limited is ₹ 1,000.20 Cr and paid-up capital is ₹ 535.47 Cr.

  • Currently 8 directors are associated with Reliance Commercial Finance Limited.

    • Sanjay Soumitra Dangi
    • Mahavir Mohanlal Hingar
    • Amit K Dangi
    • Rahul Arun Bagaria
    • Bhaviika Bharatkumar Jain
    • Amit Kumar Jha
    • Rohit Sabit Bhanja
    • Avni Dharmesh Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Commercial Finance Limited is 7Th Floor B-Wing Trade World, Kamala Mills Compound S. B. Marg Lower Parel, Mumbai, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Reliance Commercial Finance Limited is U66010MH2000PLC128301 and the company number is 128301 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliance Commercial Finance Limited is https://www.reliancemoney.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reliance Commercial Finance Limited has fallen by -16.08%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliance Commercial Finance Limited has experienced an upsurge of 69.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reliance Commercial Finance Limited amount to ₹ 14,309.28 Cr.

  • The most recent Balance Sheet for Reliance Commercial Finance Limited was filed with the ROC on 31 Mar 2023.

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