Reliance Financial Limited

Provides financial services such as margin funding, loans against securities, and promoter funding.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Reliance Financial Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 24.16 Cr
  • Company Age 19 Year, 5 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 five 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

    reliancefinancial.co.in

  • 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)

NameDesignationAppointment DateStatus
Sarvesh Sharma CFO22-Oct-2022Current
Kinjal Gala Company Secretary20-Dec-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Lav Chaturvedi Country flag representing In Director 26-Oct-2010Current
Damodaran Vijayalakshmi Country flag representing In Director 01-Nov-2019Current
Chetan Desai Country flag representing In Director 06-Feb-2020Current
Homai Darwalla Country flag representing In Director 13-Apr-2016Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
110.99%
Revenue from Operations
159.65%
Total Assets
-0.50%
Profit or Loss
-1769.41%
Net Worth
-9.74%
EBITDA
35.56%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
05 Jun 2017Others₹350.00 CrOpen
29 Dec 2015Il & Fs Trust Company Limited₹250.00 CrOpen
15 May 2019Others₹300.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 3 days .

    20 Dec 2024

  • Annual General Meeting

    Reliance Financial Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Reliance Financial Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • 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 .

    22 Oct 2022

  • Charges

    A charge registered on 15 May 2019 via Charge ID 100266902 with Others was fully satisfied on 10 Jun 2021.

    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 15 days .

    06 Feb 2020

Frequently asked questions

  • Reliance Financial Limited was incorporated on 26 Aug 2005.

  • The authorized share capital of Reliance Financial Limited is ₹ 60.00 Cr and paid-up capital is ₹ 24.16 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Reliance Financial Limited is U65990MH2005PLC155675 and the company number is 155675 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliance Financial Limited is https://www.reliancefinancial.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Reliance Financial Limited has risen by 110.99%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Reliance Financial Limited has experienced an downturn of -9.74%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Reliance Financial Limited amount to ₹ 600.00 Cr.

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

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