Religare Arts Initiative Profile
Key Indicators
- Authorised Capital ₹ 41.10 Cr
- Paid Up Capital ₹ 41.07 Cr
- Company Age 17 Year, 6 Months
- Last Filing with ROC 31 Mar 2016
- Revenue Growth -59.58%
- Profit Growth 57.70%
- Ebitda 72.15%
- Net Worth -36.29%
- Total Assets -52.59%
About Religare Arts Initiative
Religare Arts Initiative Limited (RAIL) is Amalgamated company established on 13 Aug 2007 with its office registered at Delhi, India and has been running since 17 Year, 6 Months with a paid up capital of 41.07 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U20296DL2007PLC166944
- Company No.
166944
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Aug 2007
- Date of AGM
30 Aug 2016
- Date of Balance Sheet
31 Mar 2016
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Events and Entertainment
Who are the key members and board of directors at Religare Arts Initiative?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Sharma  | CFO | 01-Mar-2015 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishna Shetty | Director | 23-Mar-2015 | Current |
| Rajesh Sharma | Additional Director | 02-Mar-2017 | Current |
| Anil Saxena | Director | 13-Aug-2007 | Current |
Financial Performance of Religare Arts Initiative.
Religare Arts Initiative Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 59.58% decrease. The company also saw a substantial improvement in profitability, with a 57.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Religare Arts Initiative?
In 2016, Religare Arts Initiative had a promoter holding of 75.00% and a public holding of 25.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Healthfore Technologies LimitedRamakrishna Shetty is a mutual person
- Religare Credit Advisor Private Limited
Rajesh Sharma is a mutual person
- Religare Capital Markets Limited
Anil Saxena is a mutual person
Religare Commodities LimitedRajesh Sharma is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Religare Arts Initiative?
Unlock and access historical data on people associated with Religare Arts Initiative, 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 Religare Arts Initiative, 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 Religare Arts Initiative'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 Religare Arts Initiative
Recent activity within the organization
- Director Appointment
Rajesh Sharma was appointed as a Additional Director was appointed as a Additional Director on 02 Mar 2017 & has been associated with this company since 8 years 2 days .
- Annual General Meeting
Religare Arts Initiative Limited last Annual general meeting of members was held on 30 Aug 2016 as per latest MCA records.
- Balance Sheet
Religare Arts Initiative Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.
- Director Appointment
Ramakrishna Shetty was appointed as a Director was appointed as a Director on 23 Mar 2015 & has been associated with this company since 9 years 11 months .
- Director Appointment
Vivek Sharma was appointed as a Cfo was appointed as a Cfo on 01 Mar 2015 & has been associated with this company since 10 years 4 days .
- Director Appointment
Anil Saxena was appointed as a Director was appointed as a Director on 13 Aug 2007 & has been associated with this company since 17 years 6 months .
Recent News, Updates & Announcement
Cleared all debts, repaid Rs 9,000 cr to banks: Religare.The company was put under Corrective Action Plan (CAP) by the Reserve Bank of India (RBI) in January 2018. The company also completed its one-time settlement (OTS) with its 17 lenders in March 2023 using organic collections..
- Sebi ropes in Irdai on Rashmi Saluja's Care Health Esops | Mint.
Depending on the outcome of its probe into the issue of the stock options, Sebi will set out the observations or conditions for approving the Burmans’ open offer, the letter said.
- Burman Family Increases Stake in Religare Enterprises, Triggers Mandatory Open Offer Worth ₹3438 Crore.
Burman family nagsagawa ng malaking deal sa Religare Enterprises, nagdagdag ng 4.4% sa kanilang stake sa kumpanya. Nagkakahalaga ito ng 1.4 crore shares at nagkakahalaga ng ₹3438 crore. Posibleng mag-trigger ito ng mandatory Open Offer sa kumpanya. Sa September 2023, nagpakita ng interes ang Burman family na magkaroon ng 5.27% stake sa kumpanya. Mayroon na silang hawak na 26% ng shares sa pamamagitan ng MB Finmart, Puran Associates, VIC Enterprises, at Milky Investment and Trading Co. Ayon sa Dabur Chairman Mohit Burman, inaasahang matatapos ang Open Offer sa lalong madaling panahon..
- Competition Commission Approves Dabur India's Bid for More Shares in Religare Enterprises.
When you finally get the approval to buy more shares in Religare Enterprises but you're not even the main player. #JustTaggingAlong #CompetitionCommissionSaidYes #DaburIndia #ReligareEnterprises.
Frequently asked questions
What is the Incorporation or founding date of Religare Arts Initiative Limited?
Religare Arts Initiative Limited was incorporated on 13 Aug 2007.
What is authorized share capital and paid-up capital of Religare Arts Initiative Limited?
The authorized share capital of Religare Arts Initiative Limited is ₹ 41.10 Cr and paid-up capital is ₹ 41.07 Cr.
Who are the current board members & directors of Religare Arts Initiative Limited?
Currently 4 directors are associated with Religare Arts Initiative Limited.
- Ramakrishna Shetty
- Vivek Sharma
- Rajesh Sharma
- Anil Saxena
What is the registered address of Religare Arts Initiative Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Religare Arts Initiative Limited is 2Nd Floor Rajlok Building 24, Nehru Place India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Religare Arts Initiative Limited?
The corporate identification number (CIN) of Religare Arts Initiative Limited is U20296DL2007PLC166944 and the company number is 166944 as per Ministry of Corporate Affairs (MCA).
What is the official website of Religare Arts Initiative Limited?
The Official website of Religare Arts Initiative Limited is https://www.religare.com
What has been the recent revenue trend for Religare Arts Initiative Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Religare Arts Initiative Limited has fallen by -59.58%.
What change has been observed in the net worth of Religare Arts Initiative Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Religare Arts Initiative Limited has experienced an downturn of -36.29%.
When was the last Balance Sheet of Religare Arts Initiative Limited filed with the ROC?
The most recent Balance Sheet for Religare Arts Initiative Limited was filed with the ROC on 31 Mar 2016.
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