River Fintech Labs Private Limited

Founded in 2015 and headquartered in Maharashtra, India.

2015 | Pune, Maharashtra (India) | Active
Last Updated: December 17, 2024

River Fintech Labs Profile

Key Indicators

  • Authorised Capital ₹ 1.10 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 91.79%
  • Ebitda 98.22%
  • Net Worth -37.66%
  • Total Assets -9.86%

About River Fintech Labs

River Fintech Labs Private Limited (RFLPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 August 2015 (Nine years and six months 7 days old ). Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as River Mobileapps Infosystems Private Limited. The Company is engaged in the Business 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 1.10 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Vasudev Savalgi and Sonal Agrawal serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PN2015PTC156054

  • Company No.

    156054

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Business Services

Who are the key members and board of directors at River Fintech Labs?

Board Members (2)

Name Designation Appointment Date Status
Vasudev Savalgi Country flag representing In Director 04-Aug-2015 Current
Sonal Agrawal Country flag representing In Additional Director 12-Nov-2022 Current

Financial Performance of River Fintech Labs.

River Fintech Labs Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 91.79% increase in profit. The company's net worth observed a substantial decline by a decrease of 37.66%.

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
Revenue from Operations
Total Assets
-9.86%
Profit or Loss
91.79%
Net Worth
-37.66%
EBITDA
98.22%

What is the Ownership and Shareholding Structure of River Fintech Labs?

In 2017, River Fintech Labs had a promoter holding of 79.11% and a public holding of 20.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at River Fintech Labs?

Unlock and access historical data on people associated with River Fintech Labs, 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 River Fintech Labs, 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 River Fintech Labs'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 River Fintech Labs

Recent activity within the organization

  • Annual General Meeting

    River Fintech Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    River Fintech Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Sonal Agrawal was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2022 & has been associated with this company since 2 years 2 months .

    12 Nov 2022

  • Director Appointment

    Vasudev Bindurao Savalgi was appointed as a Director was appointed as a Director on 04 Aug 2015 & has been associated with this company since 9 years 6 months .

    04 Aug 2015

  • Company Incorporation

    River Fintech Labs Private Limited was registered on 04 Aug 2015 with Roc Pune & aged 9 years 6 months as per MCA records.

    04 Aug 2015

Frequently asked questions

  • River Fintech Labs Private Limited was incorporated on 04 Aug 2015.

  • The authorized share capital of River Fintech Labs Private Limited is ₹ 1.10 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with River Fintech Labs Private Limited.

    • Vasudev Bindurao Savalgi
    • Sonal Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of River Fintech Labs Private Limited is Flat No - A 202 Marvel Isola Sr No. 16/2, Mohammadwadi India, Pune, Maharashtra, 411060.

  • The corporate identification number (CIN) of River Fintech Labs Private Limited is U74999PN2015PTC156054 and the company number is 156054 as per Ministry of Corporate Affairs (MCA).

  • The Official website of River Fintech Labs Private Limited is https://www.riverma.com

  • The financial reports for the fiscal year 2020 indicates that The net worth of River Fintech Labs Private Limited has experienced an downturn of -37.66%.

  • The most recent Balance Sheet for River Fintech Labs Private Limited was filed with the ROC on 31 Mar 2024.

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