Religare Finvest Profile
Key Indicators
- Authorised Capital ₹ 1,860.00 Cr
- Paid Up Capital ₹ 262.10 Cr
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 41,574.18 Cr
- Revenue Growth 58.57%
- Profit Growth 267.44%
- Ebitda 747.40%
- Net Worth 129.70%
- Total Assets -69.23%
About Religare Finvest
Religare Finvest Limited (RFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 January 1995 and has a history of 30 years and four months. Its registered office is in Central Delhi, Delhi, India.
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 1,860.00 Cr and a paid-up capital of Rs 262.10 Cr.
The company has closed loans amounting to ₹41,574.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Religare Finvest Limited India are Pankaj Sharma as Ceo, Prakash Jejani as Cfo, and Punit Arora as Company Secretary. Rashmi Saluja, Praveen Tripathi, Malay Sinha, and One other member serve as directors at the Company.
Company Details
- Location
Central Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999DL1995PLC064132
- Company No.
064132
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jan 1995
- 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 Finvest Limited offer?
Religare Finvest Limited offers a wide range of products and services, including Banks and Banking Services, Investment Banks, Financial Service, Fund Management Services, Wealth Management Services, Valuation Services, Asset Management Service, Insurance Service, Life Insurance, Health Insurance.
Religare Finvest Limited
Explore comprehensive data for Religare Finvest Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Religare Finvest?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Punit Arora  | Company Secretary | 01-Nov-2006 | Current |
| Rashmi Saluja | Managing Director | 12-Mar-2019 | Current |
| Pankaj Sharma | CEO | 11-Sep-2020 | Current |
| Prakash Jejani | CFO | 10-Nov-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveen Tripathi | Director | 28-Sep-2022 | Current |
| Malay Sinha | Director | 16-Aug-2018 | Current |
| Hamid Ahmed | Director | 19-Jan-2021 | Current |
Financial Performance of Religare Finvest.
Religare Finvest Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.57% increase. The company also saw a substantial improvement in profitability, with a 267.44% increase in profit. The company's net worth Soared by an impressive increase of 129.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Religare Finvest?
In 2023, Religare Finvest had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Yaari Digital Integrated Services LimitedPraveen Tripathi is a mutual person
Mic Insurance Web Aggregator Private LimitedRashmi Saluja and Malay Sinha are mutual person
Delhi Gymkhana Club LimitedMalay Sinha is a mutual person
Religare Housing Development Finance Corporation LimitedPraveen Tripathi and Malay Sinha are mutual person
Care Health Insurance LimitedRashmi Saluja, Praveen Tripathi and 2 more are mutual person
Religare Enterprises LimitedRashmi Saluja, Praveen Tripathi and 2 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹41,574.18 Cr
Charges Breakdown by Lending Institutions
- Others : 15263.22 Cr
- Axis Trustee Services Limited : 7940.10 Cr
- Axis Bank Limited : 1745.00 Cr
- Idbi Bank Limited : 1500.00 Cr
- Il & Fs Trust Company Limited : 1385.85 Cr
- Others : 13740.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2017 | Others | ₹23.22 Cr | Satisfied |
| 30 Mar 2016 | Others | ₹200.00 Cr | Satisfied |
| 22 Mar 2016 | Others | ₹40.00 Cr | Satisfied |
| 31 Aug 2015 | Axis Trustee Services Limited | ₹1,320.00 Cr | Satisfied |
| 27 Jul 2015 | Axis Trustee Services Limited | ₹500.00 Cr | Satisfied |
How Many Employees Work at Religare Finvest?
Unlock and access historical data on people associated with Religare Finvest, 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 Finvest, 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 Finvest'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 Finvest
Recent activity within the organization
- Annual General Meeting
Religare Finvest Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 23 Aug 2013 via Charge ID 10448130 with Others was fully satisfied on 26 May 2023.
- Balance Sheet
Religare Finvest Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Others of Rs. 15,000.00 Cr registered on 23 Aug 2013 with Charge ID 10448130 was modified on 30 Jan 2023.
- Director Appointment
Praveen Kumar Tripathi was appointed as a Director was appointed as a Director on 28 Sep 2022 & has been associated with this company since 2 years 7 months .
- Charges
A charge registered on 19 Jul 2017 via Charge ID 100114895 with Others was fully satisfied on 24 Aug 2022.
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..
Frequently asked questions
What is the Incorporation or founding date of Religare Finvest Limited?
Religare Finvest Limited was incorporated on 06 Jan 1995.
What is authorized share capital and paid-up capital of Religare Finvest Limited?
The authorized share capital of Religare Finvest Limited is ₹ 1,860.00 Cr and paid-up capital is ₹ 262.10 Cr.
Who are the current board members & directors of Religare Finvest Limited?
Currently 7 directors are associated with Religare Finvest Limited.
- Rashmi Saluja
- Praveen Kumar Tripathi
- Malay Kumar Sinha
- Hamid Ahmed
- Pankaj Sharma
- Prakash Chandra Jejani
- Punit Arora
What is the registered address of Religare Finvest Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Religare Finvest Limited is First Floor P-14 45/90, P-Block Connaught Place, New Delhi, India, 110001.
What is the corporate identification number (CIN) and company number of Religare Finvest Limited?
The corporate identification number (CIN) of Religare Finvest Limited is U74999DL1995PLC064132 and the company number is 064132 as per Ministry of Corporate Affairs (MCA).
What is the official website of Religare Finvest Limited?
The Official website of Religare Finvest Limited is https://www.religarefinvest.com
What has been the recent revenue trend for Religare Finvest Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Religare Finvest Limited has risen by 58.57%.
What change has been observed in the net worth of Religare Finvest Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Religare Finvest Limited has experienced an upsurge of 129.70%.
When was the last Balance Sheet of Religare Finvest Limited filed with the ROC?
The most recent Balance Sheet for Religare Finvest Limited was filed with the ROC on 31 Mar 2023.
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