Rivergrow Finance Limited

Real estate development and investment company based in Kolkata, established in 2000.

2000 | Kolkata, West Bengal (India) | Active
Last Updated: July 02, 2024

Rivergrow Finance Profile

Key Indicators

  • Authorised Capital ₹ 1.09 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.97 Cr
  • Revenue Growth 222.06%
  • Profit Growth 211.53%
  • Ebitda 97.53%
  • Net Worth 0.87%
  • Total Assets 78.75%

About Rivergrow Finance

Rivergrow Finance Limited (RFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 February 2000 and has a history of 24 years and 11 months. Its registered office is in Kolkata, West Bengal, 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 1.09 Cr and a paid-up capital of Rs 1.04 Cr.

The company currently has active open charges totaling ₹2.97 Cr.

Naman Agarwal, Komal Agarwal, and Laxmi Sunkara serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909WB2000PLC091068

  • Company No.

    091068

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Rivergrow Finance?

Board Members (3)

Name Designation Appointment Date Status
Naman Agarwal Country flag representing In Additional Director 05-May-2023 Current
Komal Agarwal Country flag representing In Additional Director 13-Sep-2020 Current
Laxmi Sunkara Country flag representing In Director 31-May-2013 Current

Financial Performance of Rivergrow Finance.

Rivergrow Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 222.06% increase. The company also saw a substantial improvement in profitability, with a 211.53% increase in profit. The company's net worth moved up by a moderate rise of 0.87%.

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
222.06%
Revenue from Operations
Total Assets
78.75%
Profit or Loss
211.53%
Net Worth
0.87%
EBITDA
97.53%

What is the Ownership and Shareholding Structure of Rivergrow Finance?

In 2022, Rivergrow Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.97 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.97 Cr

Latest Charge Details

Date Lender Amount Status
01 Oct 2020 Others ₹2.97 Cr Open

How Many Employees Work at Rivergrow Finance?

Unlock and access historical data on people associated with Rivergrow Finance, 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 Rivergrow 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 Rivergrow Finance'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 Rivergrow Finance

Recent activity within the organization

  • Annual General Meeting

    Rivergrow Finance Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Naman Agarwal was appointed as a Additional Director was appointed as a Additional Director on 05 May 2023 & has been associated with this company since 1 year 8 months .

    05 May 2023

  • Balance Sheet

    Rivergrow Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.97 Cr with Charge ID 100378835 was registered on 01 Oct 2020.

    01 Oct 2020

  • Director Appointment

    Komal Agarwal was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2020 & has been associated with this company since 4 years 4 months .

    13 Sep 2020

  • Director Appointment

    Laxmi Narayana Sunkara was appointed as a Director was appointed as a Director on 31 May 2013 & has been associated with this company since 11 years 8 months .

    31 May 2013

Frequently asked questions

  • Rivergrow Finance Limited was incorporated on 04 Feb 2000.

  • The authorized share capital of Rivergrow Finance Limited is ₹ 1.09 Cr and paid-up capital is ₹ 1.04 Cr.

  • Currently 3 directors are associated with Rivergrow Finance Limited.

    • Naman Agarwal
    • Komal Agarwal
    • Laxmi Narayana Sunkara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rivergrow Finance Limited is 18 R.N. Mukherjee Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Rivergrow Finance Limited is U31909WB2000PLC091068 and the company number is 091068 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rivergrow Finance Limited has risen by 222.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rivergrow Finance Limited has experienced an upsurge of 0.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rivergrow Finance Limited amount to ₹ 2.97 Cr.

  • The most recent Balance Sheet for Rivergrow Finance Limited was filed with the ROC on 31 Mar 2023.

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