Religare Commodities Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 130.00 Cr
- Revenue Growth 71.09%
- Profit Growth 23.32%
- Ebitda 73.30%
- Net Worth 7.38%
- Total Assets 6.80%
About Religare Commodities
Religare Commodities Limited (RCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 November 2003 and has a history of 21 years and four months. Its registered office is in New Delhi, India.
The Corporate was formerly known as Religare Comdex 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company has closed loans amounting to ₹130.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rajesh Sharma, Nitin Aggarwal, Malay Sinha, and One other member serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL2003PLC123220
- Company No.
123220
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Nov 2003
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
What products or services does Religare Commodities Limited offer?
Religare Commodities Limited offers a wide range of products and services, including Business Auditing & Valuation, Valuation Services, Corporate Finance & Leasing Advisors, Investment Advisory Services, Fund Management Services, Stock Trading/Money Market, Commodities Trading Service.
Who are the key members and board of directors at Religare Commodities?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Aggarwal  | Director | 10-Nov-2021 | Current |
| Rajesh Sharma | Director | 03-Nov-2017 | Current |
| Malay Sinha | Director | 12-Mar-2021 | Current |
| Gurpreet Sidana | Director | 19-Nov-2019 | Current |
Financial Performance of Religare Commodities.
Religare Commodities Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.09% increase. The company also saw a substantial improvement in profitability, with a 23.32% increase in profit. The company's net worth moved up by a moderate rise of 7.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Religare Commodities?
In 2022, Religare Commodities had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mic Insurance Web Aggregator Private LimitedMalay Sinha is a mutual person
Delhi Gymkhana Club LimitedMalay Sinha is a mutual person
Religare Housing Development Finance Corporation LimitedMalay Sinha is a mutual person
Care Health Insurance LimitedMalay Sinha is a mutual person
Religare Credit Advisor Private LimitedRajesh Sharma is a mutual person
- Religare Enterprises Limited
Malay Sinha is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹130.00 Cr
Charges Breakdown by Lending Institutions
- Others : 80.00 Cr
- Hdfc Bank Limited : 25.00 Cr
- Punjab National Bank : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2022 | Others | ₹80.00 Cr | Satisfied |
| 03 May 2019 | Hdfc Bank Limited | ₹25.00 Cr | Satisfied |
| 19 Mar 2014 | Punjab National Bank | ₹25.00 Cr | Satisfied |
How Many Employees Work at Religare Commodities?
Religare Commodities has a workforce of 173 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Religare Commodities, 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 Commodities'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 Commodities
Recent activity within the organization
- Annual General Meeting
Religare Commodities Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 13 Dec 2022 via Charge ID 100697051 with Others was fully satisfied on 26 Apr 2023.
- Balance Sheet
Religare Commodities Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Others amounted to Rs. 80.00 Cr with Charge ID 100697051 was registered on 13 Dec 2022.
- Director Appointment
Nitin Aggarwal was appointed as a Director was appointed as a Director on 10 Nov 2021 & has been associated with this company since 3 years 4 months .
- Director Appointment
Malay Kumar Sinha was appointed as a Director was appointed as a Director on 12 Mar 2021 & has been associated with this company since 4 years 15 days .
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 Commodities Limited?
Religare Commodities Limited was incorporated on 25 Nov 2003.
What is authorized share capital and paid-up capital of Religare Commodities Limited?
The authorized share capital of Religare Commodities Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Religare Commodities Limited?
Currently 4 directors are associated with Religare Commodities Limited.
- Rajesh Sharma
- Nitin Aggarwal
- Malay Kumar Sinha
- Gurpreet Singh Sidana
What is the registered address of Religare Commodities Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Religare Commodities Limited is 2Nd Floor P-14 45/90 P-Block Connaught Place, New India, Delhi, 110001.
What is the corporate identification number (CIN) and company number of Religare Commodities Limited?
The corporate identification number (CIN) of Religare Commodities Limited is U74999DL2003PLC123220 and the company number is 123220 as per Ministry of Corporate Affairs (MCA).
What is the official website of Religare Commodities Limited?
The Official website of Religare Commodities Limited is https://www.religareonline.com
What has been the recent revenue trend for Religare Commodities Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Religare Commodities Limited has risen by 71.09%.
How many employees does Religare Commodities Limited currently have?
As Per 2023 financial reports, 173 employees are currently employed by Religare Commodities Limited.
What change has been observed in the net worth of Religare Commodities Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Religare Commodities Limited has experienced an upsurge of 7.38%.
When was the last Balance Sheet of Religare Commodities Limited filed with the ROC?
The most recent Balance Sheet for Religare Commodities Limited was filed with the ROC on 31 Mar 2023.
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