Richline Finance Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.31 Cr
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.10 Cr
- Satisfied Charges ₹ 1.60 Cr
- Revenue Growth 107.49%
- Profit Growth -2.99%
- Ebitda 264.71%
- Net Worth 5.19%
- Total Assets 113.49%
About Richline Finance
Richline Finance Limited (RFL) is a Public Limited Indian Non-Government Company incorporated in India on 04 October 1991 and has a history of 33 years and seven months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Corporate was formerly known as Kovai Malligai Finance Private 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 4.00 Cr and a paid-up capital of Rs 3.31 Cr.
The company currently has active open charges totaling ₹10.10 Cr. The company has closed loans amounting to ₹1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Murugesem, Thangamuthu Srinivasan, and Srinivasan Ponbhuvaneswari serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65921TZ1991PLC003458
- Company No.
003458
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Financial Services
Richline Finance Limited
Explore comprehensive data for Richline Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Richline Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thangamuthu Srinivasan  | Managing Director | 01-Dec-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Murugesem | Director | 01-Dec-2014 | Current |
| Srinivasan Ponbhuvaneswari | Director | 01-Dec-2014 | Current |
Financial Performance of Richline Finance.
Richline Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.49% increase. The company also saw a slight decrease in profitability, with a 2.99% decrease in profit. The company's net worth moved up by a moderate rise of 5.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Richline Finance?
In 2023, Richline Finance had a promoter holding of 97.02% and a public holding of 2.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Richline Bullion Gold Private Limited
Thangamuthu Srinivasan and Srinivasan Ponbhuvaneswari are mutual person
Charges (Loans)
Open Charges
₹10.10 Cr
Satisfied Charges
₹1.60 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 5.51 Cr
- Others : 4.55 Cr
- Anz Grindlays Bank Plc : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2024 | Others | ₹3.00 M | Open |
| 11 Jun 2024 | Others | ₹5.00 M | Open |
| 14 Mar 2024 | Others | ₹1.00 Cr | Open |
| 08 Feb 2024 | Others | ₹5.00 M | Open |
| 10 Nov 2023 | Others | ₹5.00 M | Open |
How Many Employees Work at Richline Finance?
Unlock and access historical data on people associated with Richline Finance, 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 Richline Finance, 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 Richline Finance'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 Richline Finance
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101004191 was registered on 06 Nov 2024.
- Annual General Meeting
Richline Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100938974 was registered on 11 Jun 2024.
- Balance Sheet
Richline Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100902897 was registered on 14 Mar 2024.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100876937 was registered on 08 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Richline Finance Limited?
Richline Finance Limited was incorporated on 04 Oct 1991.
What is authorized share capital and paid-up capital of Richline Finance Limited?
The authorized share capital of Richline Finance Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.31 Cr.
Who are the current board members & directors of Richline Finance Limited?
Currently 3 directors are associated with Richline Finance Limited.
- Murugesem
- Thangamuthu Srinivasan
- Srinivasan Ponbhuvaneswari
What is the registered address of Richline Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Richline Finance Limited is 244 Ramana Industrial Garden Sirupuluvapatti Ring Road 15 Velampalayam India, Tirupur, Tamil Nadu, 641652.
What is the corporate identification number (CIN) and company number of Richline Finance Limited?
The corporate identification number (CIN) of Richline Finance Limited is U65921TZ1991PLC003458 and the company number is 003458 as per Ministry of Corporate Affairs (MCA).
What is the official website of Richline Finance Limited?
The Official website of Richline Finance Limited is https://www.richlinefinance.com
What has been the recent revenue trend for Richline Finance Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Richline Finance Limited has risen by 107.49%.
What change has been observed in the net worth of Richline Finance Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Richline Finance Limited has experienced an upsurge of 5.19%.
What are the total open charges for Richline Finance Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Richline Finance Limited amount to ₹ 10.10 Cr.
When was the last Balance Sheet of Richline Finance Limited filed with the ROC?
The most recent Balance Sheet for Richline Finance Limited was filed with the ROC on 31 Mar 2024.
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