MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0011937
Raima Equities Private Limited - financial services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.85 Cr
▼ 27% YoY
Net loss · FY 2025
₹91.64 Lakh
Net margin -23.8%
EBITDA · FY 2025
₹14.48 Lakh
EBITDA margin 3.8%
Authorised capital
₹5.1 Cr
Registered with MCA
Paid-up capital
₹1.56 Cr
Issued & subscribed
Open charges
₹14.5 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Directors on board
4
As per MCA filings
About Raima Equities Private Limited
Data last updated:
Raima Equities Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 24 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1994PTC065572. Its GSTIN is 19AABCE2177Q1Z3 (West Bengal).
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹1.56 Cr. It was formerly known as Essar Stocks & Securities Pvt Ltd. It is led by directors including Sanjeev Phumbhra and Suresh Kanodia.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.85 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹91.64 Lakh (net margin -23.8%) and EBITDA of ₹14.48 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 26% over five years.
The company is associated with 1 brand: Raima Equities. As per MCA filings, the company has open charges of ₹14.5 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Raima Equities Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0011937). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raimaequities.com.
Company details
CIN U67120WB1994PTC065572
Registration Number 065572
Incorporation Date 24 October 1994
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0011937
Recognitions & Rankings of Raima Equities
Contact details
Raima Equities Private Limited's registered office is in Kolkata, West Bengal. Its website is raimaequities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMartin Burn House 1 R.N. Mukherjee Road, 4th Floor Room No. 21 23 24 25, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial Product Distributors, Brokerage & Trading Services
To see the full contact details of Raima Equities Private Limited, buy the company report.
Comprehensive company report
Raima Equities Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Raima Equities operates one associated brand: Raima Equities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial broking, investment services, and depository operations based in India. | raimaequities.com |
Business activity
The main business activity of Raima Equities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Raima Equities Private Limited, buy the company report.
Financials of Raima Equities Private Limited
FY 2025 filings availableRaima Equities Private Limited reported revenue of ₹3.85 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹3.85 Cr ▼ 27%
Net loss · FY 2025
₹91.64 Lakh margin -23.8%
EBITDA · FY 2025
₹14.48 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 14%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 46%
5 years · compounded
▲ 37%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 90% 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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| Total Expenses | |||||
| EBITDA | ₹14.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹91.64 Lakh | ||||
| Balance Sheet | |||||
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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 | 3.8% | ||||
| Net Profit Margin | -23.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Raima Equities Private Limited, buy the company report.
Board of directors of Raima Equities Private Limited
Raima Equities has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Phumbhra | Director | 09 Oct 2025 | 1 Years 0 Months | Current |
| Suresh Kanodia Also directs: Kanodia Finance Pvt.Ltd. | Director | 23 Dec 1994 | 31 Years 9 Months | Current |
| Amit Rathi Also directs: Prodyut Financial Services Private Limited | Additional Director | 16 May 2025 | 1 Years 5 Months | Current |
| Neha Agarwal | Additional Director | 16 May 2025 | 1 Years 5 Months | Current |
Auditor
Raima Equities Private Limited is audited by S.CHORARIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.CHORARIA & ASSOCIATES | FY 2022 | 323475E |
Shareholding
The shareholding of Raima Equities Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raima Equities Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2023 | 100772795 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 27 Aug 2019 | 100290569 | Hdfc Bank Limited | ₹12 Cr | Open |
To see the full charge records of Raima Equities Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Raima Equities Private Limited has 4 court cases on record: 3 filed by Raima Equities, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against State of West Bengal and Ors. | Disposed |
| 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 | Court case (ITAT) | Filed against the company by Principal Comm of Income Tax 2, Kolkata | Disposed |
To see the full case history of Raima Equities 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 Raima Equities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raima Equities has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCE2177Q1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raima Equities Private Limited, buy the company report.
Recent activity
Raima Equities Private Limited has 7 board changes on record since 1994: 4 appointments and 3 cessations. The latest: Sanjeev Phumbhra was appointed as Director on 09 Oct 2025.
Appointed
Sanjeev Phumbhra was appointed as Director.
AGM
Raima Equities Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Ceased
Sanjeev Phumbhra ceased to be Director.
Appointed
Amit Rathi was appointed as Additional Director.
Appointed
Neha Agarwal was appointed as Additional Director.
Filing
Raima Equities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 27 Aug 2019 with Charge ID 100290569 was modified on 08 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100772795 was registered on 29 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100290569 was registered on 27 Aug 2019.
Ceased
Alpana Phumbhra ceased to be Director.
Ceased
Ravi Kant Ladia ceased to be Director.
Appointed
Suresh Kanodia was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Raima Equities is an active private limited company based in Kolkata, West Bengal, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 24 October 1994 (32+ years old) and is registered under CIN U67120WB1994PTC065572.
Raima Equities has 4 current directors:
- Sanjeev Phumbhra - Director
- Suresh Kanodia - Director
- Amit Rathi - Additional Director
- Neha Agarwal - Additional Director
The latest financial statements of Raima Equities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Raima Equities is 19AABCE2177Q1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Raima Equities is U67120WB1994PTC065572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raima Equities has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Raima Equities was incorporated on 24 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjeev Phumbhra was appointed as Director on 09 Oct 2025. Sanjeev Phumbhra ceased to be Director on 09 Sep 2025. Amit Rathi was appointed as Additional Director on 16 May 2025. Raima Equities has 7 board changes on record in total.
Yes, Raima Equities is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0011937).
Raima Equities can be reached through the website raimaequities.com. Its registered office is in Kolkata, West Bengal, India.