Rors Finance Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 4.66 Cr
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 73.14 Cr
- Satisfied Charges ₹ 141.41 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 three months. Its registered office is in Kolar, 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 2024. 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 ₹73.14 Cr. The company has closed loans amounting to ₹141.41 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
Kolar, 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
14 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
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
- Ratios
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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)
Open Charges
₹73.14 Cr
Satisfied Charges
₹141.41 Cr
Charges Breakdown by Lending Institutions
- Others : 40.15 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 |
|---|---|---|---|
| 17 Jan 2025 | Others | ₹1.00 Cr | Open |
| 26 Dec 2024 | Others | ₹1.00 Cr | Open |
| 23 Nov 2024 | Others | ₹1.00 Cr | Open |
| 22 Oct 2024 | Others | ₹3.00 Cr | Open |
| 27 Sep 2024 | Others | ₹1.00 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.
Latest Updates, News, and FAQs on Rors Finance
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101035228 was registered on 17 Jan 2025.
- Charges
A charge registered on 31 Dec 2022 via Charge ID 100660003 with Others was fully satisfied on 09 Jan 2025.
- Charges
A charge registered on 23 Jun 2023 via Charge ID 100746985 with Others was fully satisfied on 08 Jan 2025.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101030806 was registered on 26 Dec 2024.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101011879 was registered on 23 Nov 2024.
- Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100996067 was registered on 22 Oct 2024.
Frequently asked questions
What is the Incorporation or founding date of Rors Finance Private Limited?
Rors Finance Private Limited was incorporated on 11 Dec 1987.
What is authorized share capital and paid-up capital of Rors Finance Private Limited?
The authorized share capital of Rors Finance Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 4.66 Cr.
Who are the current board members & directors of Rors Finance Private Limited?
Currently 5 directors are associated with Rors Finance Private Limited.
- Sreenivasulu Venkatappa
- Mohandas Mundkur Kudva
- Nagaraja Venkataramaniya
- Revathi Reddy
- Padmanabha Sathyanarayana Reddy
What is the registered address of Rors Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rors Finance Private Limited is No 65 Ramakrishna Extension, India, Srinivasapur, Karnataka, 563135.
What is the corporate identification number (CIN) and company number of Rors Finance Private Limited?
The corporate identification number (CIN) of Rors Finance Private Limited is U17124KA1987PTC008797 and the company number is 008797 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rors Finance Private Limited?
The Official website of Rors Finance Private Limited is https://www.rors.in
What has been the recent revenue trend for Rors Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rors Finance Private Limited has risen by 7.14%.
How many employees does Rors Finance Private Limited currently have?
As Per 2023 financial reports, 58 employees are currently employed by Rors Finance Private Limited.
What change has been observed in the net worth of Rors Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rors Finance Private Limited has experienced an upsurge of 7.84%.
What are the total open charges for Rors Finance Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rors Finance Private Limited amount to ₹ 73.14 Cr.
When was the last Balance Sheet of Rors Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Rors Finance Private Limited was filed with the ROC on 31 Mar 2024.
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