Rors Finance Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 4.66 Cr
- Company Age 37 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 63.14 Cr
- Satisfied Charges ₹ 135.91 Cr
- Revenue Growth 7.14%
- Profit Growth -7.75%
- Ebitda -1.86%
- Net Worth 7.84%
- Total Assets -14.80%
About Rors Finance
Rors Finance Private Limited (RFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 1987 and has a history of 37 years and two months. Its registered office is in Srinivasapur, Karnataka, India.
The Corporate was formerly known as Pace Finance 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 2023. It's a company limited by shares with an authorized capital of Rs 8.50 Cr and a paid-up capital of Rs 4.66 Cr.
The company currently has active open charges totaling ₹63.14 Cr. The company has closed loans amounting to ₹135.91 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sreenivasulu Venkatappa, Mohandas Kudva, Nagaraja Venkataramaniya, and Two other members serve as directors at the Company.
Company Details
- Location
Srinivasapur, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17124KA1987PTC008797
- Company No.
008797
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Dec 1987
- Date of AGM
30 Jun 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Rors Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Padmanabha Reddy  | Managing Director | 29-Aug-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sreenivasulu Venkatappa | Director | 20-Jul-2019 | Current |
| Mohandas Kudva | Director | 28-Jun-2012 | Current |
| Nagaraja Venkataramaniya | Director | 21-Dec-2015 | Current |
| Revathi Reddy | Director | 29-Aug-2007 | Current |
Financial Performance of Rors Finance.
Rors Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.14% increase. The company also saw a slight decrease in profitability, with a 7.75% decrease in profit. The company's net worth moved up by a moderate rise of 7.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Rors Finance?
In 2023, Rors Finance had a promoter holding of 82.12% and a public holding of 17.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Magalir Micro Capital Private LimitedNagaraja Venkataramaniya is a mutual person
Yvu Financial Services Private LimitedNagaraja Venkataramaniya is a mutual person
Hindusthan Microfinance Private LimitedNagaraja Venkataramaniya is a mutual person
South India Finvest Private LimitedNagaraja Venkataramaniya is a mutual person
Charges (Loans)
₹63.14 Cr
₹135.91 Cr
Charges Breakdown by Lending Institutions
- Others : 30.15 Cr
- State Bank Of India : 15.00 Cr
- Karnataka State Financial Corporation : 7.80 Cr
- Uco Bank : 5.00 Cr
- Sidbi : 5.00 Cr
- Others : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2024 | Others | ₹1.50 Cr | Open |
| 16 Mar 2024 | Others | ₹2.40 Cr | Open |
| 07 Mar 2024 | Others | ₹2.00 Cr | Open |
| 18 Dec 2023 | Others | ₹1.00 Cr | Open |
| 29 Nov 2023 | State Bank Of India | ₹10.00 Cr | Open |
How Many Employees Work at Rors Finance?
Rors Finance has a workforce of 58 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rors 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 Rors Finance'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.
