Rentworks India Private Limited

Acquires and deals in residual interest of leased assets.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated:

Rentworks India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.04 M
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4,158.10 Cr
  • Satisfied Charges ₹ 1,428.03 Cr
  • Revenue Growth 61.26%
  • Profit Growth 913.35%
  • Ebitda 258.47%
  • Net Worth 30.69%
  • Total Assets -6.18%

About Rentworks India

Rentworks India Private Limited (RIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 February 2001 and has a history of 24 years and two months. Its registered office is in Mumbai, Maharashtra, 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 5.00 M and a paid-up capital of Rs 4.04 M.

The company currently has active open charges totaling ₹4,158.10 Cr. The company has closed loans amounting to ₹1,428.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alan Niekerk and Chirmila Raingam 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

    U71230MH2001PTC131029

  • Company No.

    131029

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Rentworks India Private Limited offer?

Rentworks India Private Limited offers a wide range of products and services, including Accounting & Billing Software, Tally Software.

Company report

Rentworks India Private Limited

Explore comprehensive data for Rentworks India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Rentworks India?

Board Members (2)

NameDesignationAppointment DateStatus
Alan Niekerk Country flag representing Au Director 27-Feb-2001Current
Chirmila Raingam Country flag representing In Director 09-Mar-2023Current

Financial Performance of Rentworks India.

Rentworks India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.26% increase. The company also saw a substantial improvement in profitability, with a 913.35% increase in profit. The company's net worth Soared by an impressive increase of 30.69%.

Rentworks India revenue growth over time
Rentworks India 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
61.26%
Revenue from Operations
163.07%
Total Assets
-6.18%
Profit or Loss
913.35%
Net Worth
30.69%
EBITDA
258.47%

What is the Ownership and Shareholding Structure of Rentworks India?

Unlock access to Rentworks India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41,581.00 M

Satisfied Charges

₹14,280.32 M

Charges Breakdown by Lending Institutions

  • L & T Finance Limited : 1376.57 Cr
  • Indusind Bank Ltd. : 681.63 Cr
  • Reliance Capital Ltd : 676.22 Cr
  • Axis Bank Limited : 520.56 Cr
  • Others : 146.01 Cr
  • Others : 757.12 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2015Others₹146.01 CrOpen
31 Aug 2015L & T Finance Limited₹5.19 CrOpen
28 Nov 2014L & T Finance Limited₹5.37 MOpen
30 Oct 2014L & T Finance Limited₹1.08 MOpen
02 Sep 2014L & T Finance Limited₹1.00 MOpen

How Many Employees Work at Rentworks India?

Unlock and access historical data on people associated with Rentworks India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rentworks India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rentworks India, 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 Rentworks India'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 Rentworks India

Recent activity within the organization

  • Annual General Meeting

    Rentworks India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Rentworks India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Chirmila Raingam was appointed as a Director was appointed as a Director on 09 Mar 2023 & has been associated with this company since 2 years 2 months .

  • Charges

    A charge registered on 28 Feb 2013 via Charge ID 10413117 with L & T Finance Limited was fully satisfied on 22 Mar 2019.

  • Charges

    A charge registered on 09 Nov 2012 via Charge ID 10390031 with L & T Finance Limited was fully satisfied on 22 Mar 2019.

  • Charges

    A charge registered on 17 Dec 2013 via Charge ID 10467031 with Reliance Capital Ltd was fully satisfied on 14 Mar 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Rentworks India Private Limited?

    Rentworks India Private Limited was incorporated on 27 Feb 2001.

  • What is authorized share capital and paid-up capital of Rentworks India Private Limited?

    The authorized share capital of Rentworks India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.04 M.

  • Who are the current board members & directors of Rentworks India Private Limited?

    Currently 2 directors are associated with Rentworks India Private Limited.

    • Alan Van Niekerk
    • Chirmila Raingam

  • What is the registered address of Rentworks India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rentworks India Private Limited is 501 5Th Floor Standford Plaza Opp. Richa Building Off. New Link Road Andheri West, India, Mumbai, Maharashtra, 400053.

  • What is the corporate identification number (CIN) and company number of Rentworks India Private Limited?

    The corporate identification number (CIN) of Rentworks India Private Limited is U71230MH2001PTC131029 and the company number is 131029 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rentworks India Private Limited?

    The Official website of Rentworks India Private Limited is https://www.rentworks.co.in

  • What has been the recent revenue trend for Rentworks India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rentworks India Private Limited has risen by 61.26%.

  • What change has been observed in the net worth of Rentworks India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rentworks India Private Limited has experienced an upsurge of 30.69%.

  • What are the total open charges for Rentworks India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rentworks India Private Limited amount to ₹ 4,158.10 Cr.

  • When was the last Balance Sheet of Rentworks India Private Limited filed with the ROC?

    The most recent Balance Sheet for Rentworks India Private Limited was filed with the ROC on 31 Mar 2023.

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