Root Finserve Private Limited

Provides financial and related services as an NBFC since 1995.

1995 | Jaipur, Rajasthan (India) | Active
Last Updated: December 04, 2024

Root Finserve Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth 19.20%
  • Profit Growth -10.00%
  • Ebitda 17.30%
  • Net Worth 8.02%
  • Total Assets 50.69%

About Root Finserve

Root Finserve Private Limited (RFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 September 1995 and has a history of 29 years and five months. Its registered office is in Jaipur, Rajasthan, India.

The Corporate was formerly known as Shantinath Polytex 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 2.00 Cr and a paid-up capital of Rs 1.44 Cr.

The company has closed loans amounting to ₹6.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajeev Batra, Malkhan Singh, Mohit Wadhwa, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25201RJ1995PTC010759

  • Company No.

    010759

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

Who are the key members and board of directors at Root Finserve?

Board Members (4)

NameDesignationAppointment DateStatus
Mohit Wadhwa Country flag representing In Director 22-Jun-2024Current
Rajeev Batra Country flag representing In Director 06-Jun-2018Current
Malkhan Singh Country flag representing In Director 06-Jun-2018Current
Dinesh Nagpal Country flag representing In Director 18-Sep-2018Current

Financial Performance of Root Finserve.

Root Finserve Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19.2% increase. The company also saw a in profitability, with a in profit. The company's net worth moved up by a moderate rise of 8.02%.

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
19.20%
Revenue from Operations
19.57%
Total Assets
50.69%
Profit or Loss
-10.00%
Net Worth
8.02%
EBITDA
17.30%

What is the Ownership and Shareholding Structure of Root Finserve?

In 2023, Root Finserve had a promoter holding of 99.92% and a public holding of 0.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.60 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2021City Union Bank Limited₹6.00 MSatisfied

How Many Employees Work at Root Finserve?

Unlock and access historical data on people associated with Root Finserve, 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 Root Finserve, 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 Root Finserve'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 Root Finserve

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 27 Oct 2021 via Charge ID 100516924 with City Union Bank Limited was fully satisfied on 01 Aug 2024.

    01 Aug 2024

  • Director Appointment

    Mohit Wadhwa was appointed as a Director was appointed as a Director on 22 Jun 2024 & has been associated with this company since 8 months 2 days .

    22 Jun 2024

  • Balance Sheet

    Root Finserve Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100516924 was registered on 27 Oct 2021.

    27 Oct 2021

  • Director Appointment

    Dinesh Nagpal was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 6 years 5 months .

    18 Sep 2018

Frequently asked questions

  • Root Finserve Private Limited was incorporated on 21 Sep 1995.

  • The authorized share capital of Root Finserve Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.44 Cr.

  • Currently 4 directors are associated with Root Finserve Private Limited.

    • Rajeev Batra
    • Malkhan Singh
    • Mohit Wadhwa
    • Dinesh Nagpal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Root Finserve Private Limited is 3/67 Jawahar Nagar India, Jaipur, Rajasthan, 302004.

  • The corporate identification number (CIN) of Root Finserve Private Limited is U25201RJ1995PTC010759 and the company number is 010759 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Root Finserve Private Limited has risen by 19.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Root Finserve Private Limited has experienced an upsurge of 8.02%.

  • The most recent Balance Sheet for Root Finserve Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Investment & Credit NBFC