Right Choice Financial Services Limited
Provides financial services, consultancy, and leasing/renting properties since 1995.
1995 | Mumbai, Maharashtra (India) | Active
Right Choice Financial Services Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.50 M
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.95 Cr
- Satisfied Charges ₹ 3.25 Cr
- Revenue Growth 34.03%
- Profit Growth 69.77%
- Ebitda 61.07%
- Net Worth 7.04%
- Total Assets 8.40%
About Right Choice Financial Services
Right Choice Financial Services Limited (RCFSL) is a Public Limited Indian Non-Government Company incorporated in India on 12 June 1995 and has a history of 29 years and nine 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.50 M.
The company currently has active open charges totaling ₹4.95 Cr. The company has closed loans amounting to ₹3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Bansal, Preeti Anil, and Rajeev Bansal 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
U67190MH1995PLC089427
- Company No.
089427
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jun 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Right Choice Financial Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Bansal  | Director | 12-Jun-1995 | Current |
| Preeti Anil | Whole-Time Director | 12-Jun-1995 | Current |
| Rajeev Bansal | Director | 28-Feb-2019 | Current |
Financial Performance of Right Choice Financial Services.
Right Choice Financial Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.03% increase. The company also saw a substantial improvement in profitability, with a 69.77% increase in profit. The company's net worth moved up by a moderate rise of 7.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Right Choice Financial Services?
In 2021, Right Choice Financial Services 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)
- Right Choice Corporate Consultancy Private Limited
Preeti Anil and Rajeev Bansal are mutual person
- Erasustain Technologies Private Limited
Preeti Anil is a mutual person
Charges (Loans)
Open Charges
₹49.50 M
Satisfied Charges
₹32.50 M
Charges Breakdown by Lending Institutions
- Others : 4.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Dec 2023 | Others | ₹1.45 Cr | Open |
| 07 Nov 2023 | Others | ₹3.50 Cr | Open |
| 30 Jun 2010 | Standard Chartered Bank | ₹1.50 Cr | Satisfied |
| 24 May 2010 | Kotak Mahindra Bank Limited | ₹5.00 M | Satisfied |
| 18 May 2010 | The Saraswat Cooperative Bank Ltd | ₹5.00 M | Satisfied |
How Many Employees Work at Right Choice Financial Services?
Unlock and access historical data on people associated with Right Choice Financial Services, 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 Right Choice Financial Services, 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 Right Choice Financial Services'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 Right Choice Financial Services
Recent activity within the organization
- Annual General Meeting
Right Choice Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Right Choice Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 14.50 M with Charge ID 100840906 was registered on 12 Dec 2023.
- Charges
A charge with Others amounted to Rs. 35.00 M with Charge ID 100822197 was registered on 07 Nov 2023.
- Director Appointment
Rajeev Krishna Bansal was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 6 years 30 days .
- Charges
A charge registered on 30 Jun 2010 via Charge ID 10227184 with Standard Chartered Bank was fully satisfied on 20 Apr 2018.
Frequently asked questions
What is the Incorporation or founding date of Right Choice Financial Services Limited?
Right Choice Financial Services Limited was incorporated on 12 Jun 1995.
What is authorized share capital and paid-up capital of Right Choice Financial Services Limited?
The authorized share capital of Right Choice Financial Services Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.
Who are the current board members & directors of Right Choice Financial Services Limited?
Currently 3 directors are associated with Right Choice Financial Services Limited.
- Anil Jugalkishor Bansal
- Preeti Bansal Anil
- Rajeev Krishna Bansal
What is the registered address of Right Choice Financial Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Right Choice Financial Services Limited is 1002 Ijmima Complex Raheja'S Metroplex Link Road, Malad-(West) India, Mumbai, Maharashtra, 400064.
What is the corporate identification number (CIN) and company number of Right Choice Financial Services Limited?
The corporate identification number (CIN) of Right Choice Financial Services Limited is U67190MH1995PLC089427 and the company number is 089427 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Right Choice Financial Services Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Right Choice Financial Services Limited has risen by 34.03%.
What change has been observed in the net worth of Right Choice Financial Services Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Right Choice Financial Services Limited has experienced an upsurge of 7.04%.
What are the total open charges for Right Choice Financial Services Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Right Choice Financial Services Limited amount to ₹ 4.95 Cr.
When was the last Balance Sheet of Right Choice Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Right Choice Financial Services Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
AB
Anuja BansalDirector