Reliance Financial Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 24.16 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 600.00 Cr
- Satisfied Charges ₹ 300.00 Cr
- Revenue Growth 110.99%
- Profit Growth -1769.41%
- Ebitda 35.56%
- Net Worth -9.74%
- Total Assets -0.50%
About Reliance Financial
Reliance Financial Limited (RFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 2005 and has a history of 19 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Reliance Financial Services 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 60.00 Cr and a paid-up capital of Rs 24.16 Cr.
The company currently has active open charges totaling ₹600.00 Cr. The company has closed loans amounting to ₹300.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Reliance Financial Limited India are Sarvesh Sharma as CFO and Kinjal Gala as Company Secretary. Homai Darwalla, Damodaran Vijayalakshmi, Lav Chaturvedi, and One other member 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
U65990MH2005PLC155675
- Company No.
155675
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Aug 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Reliance Financial?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sarvesh Sharma | CFO | 22-Oct-2022 | Current |
| Kinjal Gala | Company Secretary | 20-Dec-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lav Chaturvedi  | Director | 26-Oct-2010 | Current |
| Damodaran Vijayalakshmi | Director | 01-Nov-2019 | Current |
| Chetan Desai | Director | 06-Feb-2020 | Current |
| Homai Darwalla | Director | 13-Apr-2016 | Current |
Financial Performance of Reliance Financial.
Reliance Financial Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 110.99% increase. The company also saw a substantial fall in profitability, with a 1769.41% decrease in profit. The company's net worth dipped by a decrease of 9.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Reliance Financial?
In 2023, Reliance Financial had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sula Vineyards LimitedChetan Desai is a mutual person
Reliance Securities LimitedHomai Darwalla, Lav Chaturvedi and 1 more are mutual person
Nippon Life India Trustee LimitedChetan Desai is a mutual person
Crystal Crop Protection LimitedChetan Desai is a mutual person
Angel Xpress FoundationChetan Desai is a mutual person
Charges (Loans)
Open Charges
₹600.00 Cr
Satisfied Charges
₹300.00 Cr
Charges Breakdown by Lending Institutions
- Others : 350.00 Cr
- Il & Fs Trust Company Limited : 250.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2017 | Others | ₹350.00 Cr | Open |
| 29 Dec 2015 | Il & Fs Trust Company Limited | ₹250.00 Cr | Open |
| 15 May 2019 | Others | ₹300.00 Cr | Satisfied |
How Many Employees Work at Reliance Financial?
Unlock and access historical data on people associated with Reliance Financial, 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 Financial, 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 Financial'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 Financial
Recent activity within the organization
- Director Appointment
Kinjal Kantilal Gala was appointed as a Company Secretary was appointed as a Company Secretary on 20 Dec 2024 & has been associated with this company since 2 months 19 days .
- Annual General Meeting
Reliance Financial Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Reliance Financial Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Sarvesh Sharma was appointed as a Cfo was appointed as a Cfo on 22 Oct 2022 & has been associated with this company since 2 years 4 months .
- Charges
A charge registered on 15 May 2019 via Charge ID 100266902 with Others was fully satisfied on 10 Jun 2021.
- Director Appointment
Chetan Rameshchandra Desai was appointed as a Director was appointed as a Director on 06 Feb 2020 & has been associated with this company since 5 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Reliance Financial Limited?
Reliance Financial Limited was incorporated on 26 Aug 2005.
What is authorized share capital and paid-up capital of Reliance Financial Limited?
The authorized share capital of Reliance Financial Limited is ₹ 60.00 Cr and paid-up capital is ₹ 24.16 Cr.
Who are the current board members & directors of Reliance Financial Limited?
Currently 6 directors are associated with Reliance Financial Limited.
- Homai Ardeshir Darwalla
- Damodaran Vijayalakshmi
- Lav Ramji Chaturvedi
- Chetan Rameshchandra Desai
- Sarvesh Sharma
- Kinjal Kantilal Gala
What is the registered address of Reliance Financial Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Financial Limited is 11Th Floor R-Tech It Park Nirlon Compound Western Express Highway, Goregaon (East) India, Mumbai, Maharashtra, 400063.
What is the corporate identification number (CIN) and company number of Reliance Financial Limited?
The corporate identification number (CIN) of Reliance Financial Limited is U65990MH2005PLC155675 and the company number is 155675 as per Ministry of Corporate Affairs (MCA).
What is the official website of Reliance Financial Limited?
The Official website of Reliance Financial Limited is https://www.reliancefinancial.co.in
What has been the recent revenue trend for Reliance Financial Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Reliance Financial Limited has risen by 110.99%.
What change has been observed in the net worth of Reliance Financial Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Reliance Financial Limited has experienced an downturn of -9.74%.
What are the total open charges for Reliance Financial Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Reliance Financial Limited amount to ₹ 600.00 Cr.
When was the last Balance Sheet of Reliance Financial Limited filed with the ROC?
The most recent Balance Sheet for Reliance Financial Limited was filed with the ROC on 31 Mar 2024.
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