Reliance Commercial Finance Profile
Key Indicators
- Authorised Capital ₹ 1,000.20 Cr
- Paid Up Capital ₹ 535.47 Cr
- Company Age 24 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14,309.28 Cr
- Satisfied Charges ₹ 2,976.43 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 six 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 2023. 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 ₹14,309.28 Cr. The company has closed loans amounting to ₹2,976.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Reliance Commercial Finance Limited India are Amit Jha as Cfo, Rohit Bhanja as Ceo, and Avni Shah as Company Secretary. Sanjay Dangi, Mahavir Hingar, Amit Dangi, and Two other members 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
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Reliance Commercial Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Jha | CFO | 29-Jul-2023 | Current |
| Rohit Bhanja | CEO | 17-Mar-2022 | Current |
| Avni Shah | Company Secretary | 09-Jan-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Dangi  | Director | 14-Oct-2022 | Current |
| Rahul Bagaria | Director | 05-Nov-2022 | Current |
| Amit Dangi | Director | 14-Oct-2022 | Current |
| Bhaviika Jain | Director | 27-Jan-2023 | Current |
| Mahavir Hingar | Director | 05-Sep-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
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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
Mentor Capital LimitedSanjay Dangi is a mutual person
- Uniworld Entertainment Private Limited
Amit Dangi is a mutual person
Charges (Loans)
₹14,309.28 Cr
₹2,976.43 Cr
Charges Breakdown by Lending Institutions
- Others : 9238.82 Cr
- Sidbi : 877.50 Cr
- State Bank Of India : 670.00 Cr
- Syndicate Bank : 600.00 Cr
- Indian Overseas Bank : 600.00 Cr
- Others : 2322.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2022 | Others | ₹250.00 Cr | Open |
| 19 Feb 2019 | Others | ₹1,046.77 Cr | Open |
| 18 Jun 2018 | Others | ₹732.02 Cr | Open |
| 27 Apr 2018 | Others | ₹500.00 Cr | Open |
| 23 Feb 2018 | Others | ₹398.03 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.
