Ragini Finance Private Limited
About Ragini Finance Private Limited
Data last updated:
Ragini Finance 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 11 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U66190WB1985PTC039468. Its GSTIN is 19AABCR2321R1Z2 (West Bengal).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.65 Cr. It was formerly known as Ragini Finance Limited. It is led by directors including Sudeb Majumder and Nand Kishore Lahoti.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 21 Strand Road P.S.Hare Street, Kolkata, West Bengal, India – 700001.
Court records list 1 case involving the company, including 1 filed by the company. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.5 Cr; the latest was in March 2019. Its 7 peer companies in the BFSI industry (Finance, Large NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Fexprime Finance Private Limited with revenue of ₹14.59 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ragini Finance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66190WB1985PTC039468, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190WB1985PTC039468 | Current |
| U65922WB1985PTC039468 | Previous |
| U65922WB1985PLC039468 | Previous |
Contact details
Ragini Finance Private Limited's registered office is in Kolkata, West Bengal.
- Registered Address21 Strand Road P.S.Hare Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC
- 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
Ragini 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 Ragini Finance Private Limited, buy the company report.
Financials of Ragini Finance Private Limited
FY 2025 filings availableRagini Finance Private Limited reported revenue of ₹14.39 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹14.39 Cr | ||||
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| Net Profit (PAT) | ₹7.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 52% | ||||
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To see the full financial statements and ratios of Ragini Finance Private Limited, buy the company report.
Board of directors of Ragini Finance Private Limited
Ragini Finance has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudeb Majumder Also directs: The Laxmi Salt Company Limited, Newa Investments Private Limited, Ishika Infra & Trade Private Limited and 5 more | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
| Nand Kishore Lahoti | Director | 23 Dec 2011 | 14 Years 10 Months | Current |
| Sushil Kumar Jain Also directs: The Laxmi Salt Company Limited, Newa Investments Private Limited, Asish Creations Private Limited and 2 more | Director | 16 Dec 2003 | 22 Years 10 Months | Current |
| Ashok Bhandari Also directs: Rupa & Company Ltd, N.B.I.Industrial Finance Company Ltd., Maharashtra Seamless Limited and 5 more | Director | 29 Apr 2017 | 9 Years 6 Months | Current |
| Debasish Ray | Additional Director | 05 Sep 2025 | 1 Years 2 Months | Current |
| Ravi Goenka | Additional Director | 05 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Ragini Finance Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Finance, Large 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 |
|---|---|---|---|---|---|---|
| Fexprime Finance Private Limited | ₹14.59 Cr (FY 2025) | -49.0% | New Delhi, Delhi, India | |||
| Mahavir Finance Private Limited | ₹14.51 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Aviral Finance Private Limited | ₹14.46 Cr (FY 2025) | 27.0% | Raipur, Chhattisgarh, India | |||
| Genesis Finance Company Limited | ₹14.43 Cr (FY 2019) | -1.0% | New Delhi, Delhi, India | |||
| Metafin Cleantech Finance Private Limited | ₹14.42 Cr (FY 2025) | 255.0% | Mumbai, Maharashtra, India | |||
| Prolific Finvest Private Limited | ₹14.4 Cr (FY 2025) | -72.0% | Bangalore, Karnataka, India | |||
| Ragini Finance Private Limitedthis company | ₹14.39 Cr (FY 2023) | ₹7.48 Cr | 52% | Kolkata, West Bengal, India | ||
| Apollo Finance Limited | ₹14.39 Cr (FY 2022) | 679.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ragini Finance Private Limited, buy the company report.
Deals & funding
Ragini Finance Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.5 Cr; the latest was in March 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Digvijay Finlease Limited Seller: Arham Securities Private Limited |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: Asish Creations Private Limited , Arham Securities Private Limited, N B I Industrial Finance Co Limited Seller: B R Power Ltd , Sanskriti Dealers Private Limited , Vishal Enclave Private Limited. , an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: N B I Industrial Finance Co Limited, Sekhar Merc Private Limited, Bomeshwbr Trade-Link Private Limited Seller: Jaltarang Developers Private Limited , Lily Enclave Private Limited , Kuber Creations Private Limited |
| Mar 2010 | Funding round | ₹12 Cr | Investors: Sushil Sarees Private Limited , Shivsai Tieup Private Limited , Shree Shyam Roadlink Private Limited , an individual |
| Dec 2006 | Funding round | ₹7.5 Cr | Investors: Omega Fintex Pvt Ltd , Prachi Plastics Pvt Ltd , Lahoti Sons Private Limited |
To see the full deal history of Ragini Finance Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ragini Finance Private Limited has 1 court case on record: 1 filed by Ragini Finance. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed by the company against Mcleod Russel India Limited | Disposed |
To see the full case history of Ragini Finance 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 Ragini Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ragini Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR2321R1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ragini Finance Private Limited, buy the company report.
Recent activity
Ragini Finance Private Limited has 12 board changes on record since 2003: 6 appointments and 6 cessations. The latest: Debasish Ray was appointed as Additional Director on 05 Sep 2025.
3 earlier events are in the company report.
Frequently asked questions
Ragini Finance 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 11 September 1985 (41+ years old) and is registered under CIN U66190WB1985PTC039468.
Ragini Finance has 6 current directors:
- Sudeb Majumder - Director
- Nand Kishore Lahoti - Director
- Sushil Kumar Jain - Director
- Ashok Bhandari - Director
- Debasish Ray - Additional Director
- Ravi Goenka - Additional Director
The latest financial statements of Ragini Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ragini Finance is 19AABCR2321R1Z2, registered in West Bengal.
The CIN (Corporate Identification Number) of Ragini Finance is U66190WB1985PTC039468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ragini Finance has 1 court case on record: 1 filed by the company.
Ragini Finance was incorporated on 11 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kolkata.
Ragini Finance has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹19.5 Cr; the latest was in March 2019.
The peers of Ragini Finance by revenue are Fexprime Finance Private Limited, Mahavir Finance Private Limited, Aviral Finance Private Limited, Genesis Finance Company Limited, Metafin Cleantech Finance Private Limited and 2 more, all in the BFSI industry (Finance, Large NBFC), with the same principal business activity (other financial activities).
Debasish Ray was appointed as Additional Director on 05 Sep 2025. Ravi Goenka was appointed as Additional Director on 05 Sep 2025. Sudeb Majumder ceased to be Additional Director on 29 Sep 2024. Ragini Finance has 12 board changes on record in total.
The registered office of Ragini Finance is at 21 Strand Road P.S.Hare Street, Kolkata, West Bengal, India – 700001.
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