Rikhav Securities Limited

A financial company that offers broking, trading, and advisory services in various market segments.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Rikhav Securities Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 14.98 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 260.20 Cr
  • Satisfied Charges ₹ 16.00 Cr
  • Revenue Growth 25.38%
  • Profit Growth 16.07%
  • Ebitda 32.55%
  • Net Worth 26.65%
  • Total Assets 8.66%

About Rikhav Securities

Rikhav Securities Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 1995 and has a history of 29 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Brijmihan Sagarmal Finance 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 22.00 Cr and a paid-up capital of Rs 14.98 Cr.

The company currently has active open charges totaling ₹260.20 Cr. The company has closed loans amounting to ₹16.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rikhav Securities Limited India are Hemant Shah as CFO and Sona Jain as Company Secretary. Bharti Lakhani, Rajendra Shah, Monil Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rikhav.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1995PLC086635

  • Company No.

    086635

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1995

  • Date of AGM

    02 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 Rikhav Securities?

Executive Team (3)

NameDesignationAppointment DateStatus
Hemant Shah CFO16-Feb-2023Current
Sona Jain Company Secretary25-Jul-2024Current
Hitesh Lakhani Country flag representing In Managing Director14-Apr-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Manish Jain Country flag representing In Director 13-Jan-2006Current
Bharti Lakhani Country flag representing In Director 15-Jul-2024Current
Rajendra Shah Country flag representing In Whole-Time Director 18-Apr-2024Current
Monil Shah Country flag representing In Director 09-Oct-2021Current
Tarang Mehta Country flag representing In Director 16-Feb-2023Current

Financial Performance of Rikhav Securities.

Rikhav Securities Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.38% increase. The company also saw a substantial improvement in profitability, with a 16.07% increase in profit. The company's net worth Soared by an impressive increase of 26.65%.

Graph illustrating revenue growth over time
Graph showing 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
25.38%
Revenue from Operations
37.69%
Total Assets
8.66%
Profit or Loss
16.07%
Net Worth
26.65%
EBITDA
32.55%

What is the Ownership and Shareholding Structure of Rikhav Securities?

In 2023, Rikhav Securities had a promoter holding of 76.70% and a public holding of 23.30%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹260.20 Cr

Satisfied Charges

₹16.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 135.00 Cr
  • Others : 75.00 Cr
  • Hdfc Bank Limited : 50.20 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Others₹5.00 CrOpen
02 Jan 2024Hdfc Bank Limited₹1.95 MOpen
11 Oct 2023Others₹30.00 CrOpen
09 Nov 2022Axis Bank Limited₹40.00 CrOpen
25 Oct 2021Axis Bank Limited₹95.00 CrOpen

How Many Employees Work at Rikhav Securities?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rikhav Securities, 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 Rikhav Securities'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 Rikhav Securities

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 Cr registered on 09 Nov 2022 with Charge ID 100653579 was modified on 23 Sep 2024.

    23 Sep 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 95.00 Cr registered on 25 Oct 2021 with Charge ID 100503831 was modified on 23 Sep 2024.

    23 Sep 2024

  • Annual General Meeting

    Rikhav Securities Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

    02 Sep 2024

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 11 Oct 2023 with Charge ID 100814930 was modified on 29 Aug 2024.

    29 Aug 2024

  • Director Appointment

    Sona Jain was appointed as a Company Secretary was appointed as a Company Secretary on 25 Jul 2024 & has been associated with this company since 6 months 29 days .

    25 Jul 2024

  • Director Appointment

    Bharti Hitesh Lakhani was appointed as a Director was appointed as a Director on 15 Jul 2024 & has been associated with this company since 7 months 8 days .

    15 Jul 2024

Frequently asked questions

  • Rikhav Securities Limited was incorporated on 21 Mar 1995.

  • The authorized share capital of Rikhav Securities Limited is ₹ 22.00 Cr and paid-up capital is ₹ 14.98 Cr.

  • Currently 8 directors are associated with Rikhav Securities Limited.

    • Bharti Hitesh Lakhani
    • Rajendra Navalchand Shah
    • Monil Rajendra Shah
    • Hemant Hasmukh Shah
    • Sona Jain
    • Tarang Madanjit Mehta
    • Hitesh Himatlal Lakhani
    • Manish Lalitkumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rikhav Securities Limited is Office No.922-A 9Th Floor P.J.Tower Dalal Street, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Rikhav Securities Limited is U99999MH1995PLC086635 and the company number is 086635 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rikhav Securities Limited is https://www.rikhav.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rikhav Securities Limited has risen by 25.38%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rikhav Securities Limited has experienced an upsurge of 26.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rikhav Securities Limited amount to ₹ 260.20 Cr.

  • The most recent Balance Sheet for Rikhav Securities Limited was filed with the ROC on 31 Mar 2024.

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