Reliance Commercial Finance Profile
Key Indicators
- Authorised Capital ₹ 1,000.20 Cr
- Paid Up Capital ₹ 535.47 Cr
- Company Age 24 Year, 9 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 nine 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Minal Jain | Company Secretary | 19-Feb-2025 | Current |
| Sandeep Talekar | CFO | 05-Nov-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Bagaria  | Director | 05-Nov-2022 | Current |
| Amit Dangi | Director | 14-Oct-2022 | Current |
| Bhaviika Jain | Director | 09-Jan-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Berix Bearing Private LimitedAmit Dangi is a mutual person
India Pesticides Limited.Rahul Bagaria is a mutual person
Authum Investment & Infrastructure LimitedAmit Dangi, Rahul Bagaria and 1 more are mutual person
- Authum Asset Management Company Private Limited
Amit Dangi is a mutual person
Uniworld Entertainment Private LimitedAmit Dangi is a mutual person
- Bagaria & Co Llp
Rahul Bagaria is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2022 | Others | ₹250.00 Cr | Open |
| 18 Jun 2018 | Others | ₹732.02 Cr | Open |
| 23 Feb 2018 | Others | ₹398.03 Cr | Open |
| 03 May 2017 | Others | ₹100.00 Cr | Open |
| 31 Mar 2017 | Others | ₹300.00 Cr | Open |
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.
Deals i
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
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 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 3 months 2 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
- RCap looks at new home for fin companies.
“We are in talks with international and domestic institutions as we expect an equity capital infusion within a month or two,” said Amit Bapna, CFO of Reliance Capital..
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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