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:

Reliance Commercial Finance Profile

Key Indicators

  • Authorised Capital ₹ 1,000.20 Cr
  • Paid Up Capital ₹ 535.47 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,780.05 Cr
  • Satisfied Charges ₹ 13,605.66 Cr
  • Revenue Growth -16.08%
  • Profit Growth 157.12%
  • Ebitda 172.20%
  • Net Worth 69.86%
  • Total Assets 54.88%

About Reliance Commercial Finance

Reliance Commercial Finance Limited (RCFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 August 2000 and has a history of 24 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Reliance Gilts Limited. 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 1,000.20 Cr and a paid-up capital of Rs 535.47 Cr.

The company currently has active open charges totaling ₹1,780.05 Cr. The company has closed loans amounting to ₹13,605.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reliance Commercial Finance Limited India are Minal Jain as COMPANY SECRETARY and Sandeep Talekar as Cfo. Amit Dangi, Rahul Bagaria, and Bhaviika Jain 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

    U66010MH2000PLC128301

  • Company No.

    128301

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2000

  • 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

Reliance Commercial Finance Limited

Explore comprehensive data for Reliance Commercial Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Minal Jain Company Secretary19-Feb-2025Current
Sandeep Talekar CFO05-Nov-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Rahul Bagaria Country flag representing In Director 05-Nov-2022Current
Amit Dangi Country flag representing In Director 14-Oct-2022Current
Bhaviika Jain Country flag representing In Director 09-Jan-2023Current

Financial Performance 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%.

Reliance Commercial Finance revenue growth over time
Reliance Commercial Finance 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
-16.08%
Revenue from Operations
-16.05%
Total Assets
54.88%
Profit or Loss
157.12%
Net Worth
69.86%
EBITDA
172.20%

What is the Ownership and Shareholding Structure of Reliance Commercial Finance?

In 2021, Reliance Commercial Finance had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,780.05 Cr

Satisfied Charges

₹13,605.66 Cr

Charges Breakdown by Lending Institutions

  • Others : 1780.05 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2022Others₹250.00 CrOpen
18 Jun 2018Others₹732.02 CrOpen
23 Feb 2018Others₹398.03 CrOpen
03 May 2017Others₹100.00 CrOpen
31 Mar 2017Others₹300.00 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 growth trends for Reliance Commercial Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reliance Commercial 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 Reliance Commercial Finance'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 Reliance Commercial Finance

Recent activity within the organization

  • Director Appointment

    Minal Ashok Jain was appointed as a Company Secretary was appointed as a Company Secretary on 19 Feb 2025 & has been associated with this company since 2 months 25 days .

  • Charges

    A charge registered on 27 Apr 2018 via Charge ID 100224806 with Others was fully satisfied on 04 Jan 2025.

  • Charges

    A charge registered on 28 Jul 2017 via Charge ID 100116566 with State Bank Of India was fully satisfied on 09 Dec 2024.

  • Charges

    A charge registered on 28 Jul 2017 via Charge ID 100116571 with State Bank Of India was fully satisfied on 09 Dec 2024.

  • Charges

    A charge registered on 16 Jun 2017 via Charge ID 100107460 with Bank Of India was fully satisfied on 03 Dec 2024.

  • Charges

    A charge registered on 16 Jun 2017 via Charge ID 100107465 with Bank Of India was fully satisfied on 03 Dec 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Reliance Commercial Finance Limited?

    Reliance Commercial Finance Limited was incorporated on 17 Aug 2000.

  • What is authorized share capital and paid-up capital of Reliance Commercial Finance Limited?

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

  • Who are the current board members & directors of Reliance Commercial Finance Limited?

    Currently 5 directors are associated with Reliance Commercial Finance Limited.

    • Amit K Dangi
    • Rahul Arun Bagaria
    • Minal Ashok Jain
    • Sandeep Ramesh Talekar
    • Bhaviika Bharatkumar Jain
  • What is the registered address of Reliance Commercial Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Commercial Finance Limited is The Ruby 11Th Floor North-West Wing Plot No. 29 Senapati Bapat Marg Dadar (West), Mumba India, Mumbai, Maharashtra, 400028.

  • What is the corporate identification number (CIN) and company number of Reliance Commercial Finance Limited?

    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).

  • What is the official website of Reliance Commercial Finance Limited?

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

  • What has been the recent revenue trend for Reliance Commercial Finance Limited?

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

  • What change has been observed in the net worth of Reliance Commercial Finance Limited, and by what percentage?

    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%.

  • What are the total open charges for Reliance Commercial Finance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Reliance Commercial Finance Limited amount to ₹ 1,780.05 Cr.

  • When was the last Balance Sheet of Reliance Commercial Finance Limited filed with the ROC?

    The most recent Balance Sheet for Reliance Commercial Finance Limited was filed with the ROC on 31 Mar 2024.

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