About Ratnabali Equity Private Limited
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Ratnabali Equity Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 30 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1991PTC053207. Its GSTIN is 19AABCN0494K1Z6 (West Bengal).
The company has an authorised share capital of ₹58.86 Cr and a paid-up capital of ₹3.45 Cr. It was formerly known as Nishtha Investment and Consultancy Services Pvt Ltd. It is led by directors including Vikash Somani (Managing Director) and Suresh Kumar Somani (Managing Director).
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5A Wood Burn Park Road Woodburn Central 3rd Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹389.35 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 0.5%) and EBITDA of ₹10.26 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 348% over three years and 218% over five years.
Court records list 6 cases involving the company, including 6 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnabali.com.
Company details
CIN history
Ratnabali Equity has one previous CIN (Corporate Identification Number): U99999WB1991PTC053207. The current CIN is U74140WB1991PTC053207, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140WB1991PTC053207 | Current |
| U99999WB1991PTC053207 | Previous |
Contact details
Ratnabali Equity Private Limited's registered office is in Kolkata, West Bengal. Its website is ratnabali.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5A Wood Burn Park Road Woodburn Central 3rd Floor, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Ratnabali Equity Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ratnabali Equity is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ratnabali Equity Private Limited, buy the company report.
Financials of Ratnabali Equity Private Limited
FY 2025 filings availableRatnabali Equity Private Limited reported revenue of ₹389.35 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 218%. EBITDA fell 69% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.26 Cr | ||||
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| Net Profit (PAT) | ₹1.76 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Ratnabali Equity Private Limited, buy the company report.
Board of directors of Ratnabali Equity Private Limited
Ratnabali Equity has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hansraj Jaria Also directs: Ratnabali Investment Private Limited | Director | 08 Sep 2014 | 12 Years 2 Months | Current |
| Rakesh Pandiya | Whole-Time Director | 08 Sep 2014 | 12 Years 2 Months | Current |
| Vikash Somani | Managing Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Suresh Kumar Somani Also directs: Ratnabali Investment Private Limited, Iac Patrons Foundation, Iac Research Foundation and 3 more | Managing Director | 08 Nov 2021 | 5 Years 0 Months | Current |
Peer comparison
Ratnabali Equity Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodworth Investments Pvt Ltd | ₹390.98 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Ratnabali Equity Private Limitedthis company | ₹389.35 Cr (FY 2025) | ₹1.76 Cr | 0.5% | -10.0% | Kolkata, West Bengal, India | |
| Skyline Tracom Private Limited | ₹387.67 Cr (FY 2021) | 24.0% | Kolkata, West Bengal, India | |||
| LRSD Securities Private Limited | ₹374.7 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Dhani Loans and Services Limited | ₹372.43 Cr (FY 2024) | -30.0% | New Delhi, Delhi, India | |||
| Indianivesh Limited | ₹368.77 Cr (FY 2019) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ratnabali Equity Private Limited, buy the company report.
Auditor
Ratnabali Equity Private Limited is audited by G.P.AGRAWAL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P.AGRAWAL & CO. | FY 2024 | 302082E |
Shareholding
The shareholding of Ratnabali Equity Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ratnabali Equity Private Limited, buy the company report.
Legal cases
Ratnabali Equity Private Limited has 6 court cases on record: 6 filed by Ratnabali Equity. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 4 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Ratnabali Equity Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ratnabali Equity Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ratnabali Equity has 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
GST
Ratnabali Equity has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCN0494K1Z6 | West Bengal | Active | 01 Feb 2020 |
To see the full GST registrations and return filing status of Ratnabali Equity Private Limited, buy the company report.
Recent activity
Ratnabali Equity Private Limited has 10 board changes on record since 2014: 4 appointments and 6 cessations. The latest: Suresh Kumar Somani ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Ratnabali Equity is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 30 September 1991 (35+ years old) and is registered under CIN U74140WB1991PTC053207.
Ratnabali Equity has 4 current directors:
- Vikash Somani - Managing Director
- Suresh Kumar Somani - Managing Director
- Rakesh Pandiya - Whole-Time Director
- Hansraj Jaria - Director
The latest financial statements of Ratnabali Equity on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratnabali Equity is 19AABCN0494K1Z6, registered in West Bengal.
The CIN (Corporate Identification Number) of Ratnabali Equity is U74140WB1991PTC053207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnabali Equity has 6 court cases on record: 6 filed by the company. Most are in the nclt.
Ratnabali Equity was incorporated on 30 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ratnabali Equity by revenue are Goodworth Investments Pvt Ltd, Skyline Tracom Private Limited, LRSD Securities Private Limited, Dhani Loans and Services Limited, Indianivesh Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Suresh Kumar Somani ceased to be Additional Director on 30 Sep 2022. Suresh Kumar Somani was appointed as Managing Director on 08 Nov 2021. Vikash Somani ceased to be Additional Director on 23 Sep 2021. Ratnabali Equity has 10 board changes on record in total.
Ratnabali Equity can be reached through the website ratnabali.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Ratnabali Equity is at 5A Wood Burn Park Road Woodburn Central 3rd Floor, Kolkata, West Bengal, India – 700020.
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