About Bajrang Finance Limited
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Bajrang Finance Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 September 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1971PLC015344.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors including Rishabh Rajendra Saraf and Nirmalkumar Murarka.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11 Cama Ind. Estate Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.11 Cr, reflecting significant growth compared to the previous year.
The company has 2 deals on record (2 market trades); the latest was in August 2020. Its 3 peer companies in the BFSI industry (Finance, NBFC, Other Financial Services), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 2 smaller; the largest is Rishiganga Finance Limited with revenue of ₹2.33 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remigroup.com.
Company details
CIN history
Bajrang Finance has one previous CIN (Corporate Identification Number): L65990MH1971PLC015344. The current CIN is U65990MH1971PLC015344, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1971PLC015344 | Current |
| L65990MH1971PLC015344 | Previous |
Contact details
Bajrang Finance Limited's registered office is in Mumbai, Maharashtra. Its website is remigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11 Cama Ind. Estate Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Bajrang Finance 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
Bajrang Finance operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Bajrang Finance Limited, buy the company report.
Financials of Bajrang Finance Limited
FY 2025 filings availableBajrang Finance Limited reported revenue of ₹5.11 Cr (up 238.83% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 238.83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Revenue from Operations | ₹5.11 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Bajrang Finance Limited, buy the company report.
Board of directors of Bajrang Finance Limited
Bajrang Finance has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Rajendra Saraf Also directs: Remi Finance and Investment Private Limited, Remi PTM Enviro Mixing Solutions LLP, Black Rose Industries Limited and 4 more | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
| Nirmalkumar Murarka | Director | 15 Feb 2010 | 16 Years 8 Months | Current |
| Vinod Chiranjilal Jalan | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Bajrang Finance Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Finance, NBFC, Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Bajrang Finance Limitedthis company | ₹5.11 Cr (FY 2022) | 238.8% | Mumbai, Maharashtra, India | |||
| Rishiganga Finance Limited | ₹2.33 Cr (FY 2025) | 32.0% | Rishieksh, Uttarakhand, India | |||
| Bherudan Dugar Finance Limited | ₹2.33 Cr (FY 2024) | 18.0% | Chennai, Tamil Nadu, India | |||
| Rajput Leasing and Finance Limited | ₹2.33 Cr (FY 2025) | 14.0% | Khanna, Punjab, India |
To see the full peer comparison of Bajrang Finance Limited, buy the company report.
Auditor
Bajrang Finance Limited is audited by YATIN KUMAR SHAH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YATIN KUMAR SHAH | FY 2020 | 159796 |
Shareholding
The shareholding of Bajrang Finance Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bajrang Finance Limited, buy the company report.
Deals & funding
Bajrang Finance Limited has 2 deals on record (2 market trades); the latest was in August 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Market trade | ₹50.2 Lakh | Buyer: Hanuman Freight & Carriers Pvt. Ltd. , 2 individuals Seller: Bhairav Enterprises Ltd , Rishabh Enterprises Ltd , Hanuman Forging & Engineering Pvt Ltd |
| Sep 2013 | Market trade | ₹4.8 Lakh | Buyer: Rajendra Finance Private Limited , Remi Finance & Investments Private Limited Seller: Remi Securities Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bajrang Finance Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bajrang Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bajrang Finance has 4 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Bajrang Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bajrang Finance Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Mahabir Jawalaprasad Sharma ceased to be Director on 14 Aug 2024.
Frequently asked questions
Bajrang Finance is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 September 1971 (55+ years old) and is registered under CIN U65990MH1971PLC015344.
Bajrang Finance has 3 current directors:
- Rishabh Rajendra Saraf - Director
- Nirmalkumar Murarka - Director
- Vinod Chiranjilal Jalan - Director
The latest financial statements of Bajrang Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bajrang Finance is U65990MH1971PLC015344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bajrang Finance was incorporated on 24 September 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
Bajrang Finance has 2 deals on record (2 market trades); the latest was in August 2020.
The peers of Bajrang Finance by revenue are Rishiganga Finance Limited, Bherudan Dugar Finance Limited, Rajput Leasing and Finance Limited, all in the BFSI industry (Finance, NBFC, Other Financial Services), with the same principal business activity (other financial activities).
Mahabir Jawalaprasad Sharma ceased to be Director on 14 Aug 2024. Rishabh Rajendra Saraf was appointed as Director on 14 Aug 2024. Vinod Chiranjilal Jalan was appointed as Director on 22 Aug 2022. Bajrang Finance has 4 board changes on record in total.
Bajrang Finance can be reached through the website remigroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bajrang Finance is at 11 Cama Ind. Estate Goregaon E, Mumbai, Maharashtra, India – 400063.
Bajrang Finance operates in the financial services industry, in the diversified financial services segment.
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