About Rakesh Credits Limited
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Rakesh Credits Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 26 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U71309TN1993PLC025498.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.72 Cr. It was formerly known as Rakesh Trade Credits Private Limited. It is led by directors including Tejraj A Jain (Managing Director) and Rakesh Kumar.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 52/7 General Muthiah Mudali Stsowcarpet Near Elephant Gate Madras – 600 079, Chennai, Tamil Nadu, India – 600079.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.12 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 18.3%) and EBITDA of ₹4.03 Cr (EBITDA margin 49.6%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 35% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.1 Cr and satisfied charges of ₹9.35 Cr on record. Court records list 1,288 cases involving the company, including 1,280 filed by the company and 8 filed against it; 589 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rcltd.co.in.
Company details
Contact details
Rakesh Credits Limited's registered office is in Chennai, Tamil Nadu. Its website is rcltd.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address52/7 General Muthiah Mudali Stsowcarpet Near Elephant Gate Madras – 600 079, Chennai, Tamil Nadu, India – 600079
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Rakesh Credits 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 Rakesh Credits 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 Rakesh Credits Limited, buy the company report.
Financials of Rakesh Credits Limited
FY 2025 filings availableRakesh Credits Limited reported revenue of ₹8.12 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 5% growth in the latest year. EBITDA rose 4% 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 | ₹4.03 Cr | ||||
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| Net Profit (PAT) | ₹1.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 49.6% | ||||
| Net Profit Margin | 18.3% | ||||
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To see the full financial statements and ratios of Rakesh Credits Limited, buy the company report.
Board of directors of Rakesh Credits Limited
Rakesh Credits has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejraj A Jain | Managing Director | 26 Jul 1993 | 33 Years 2 Months | Current |
| Rakesh Kumar | Director | 27 Mar 2004 | 22 Years 6 Months | Current |
| Hemalatha | Director | 15 Apr 2016 | 10 Years 6 Months | Current |
| Tejraj Jain Vinod Kumar Jain | Director | 28 Mar 2019 | 7 Years 6 Months | Current |
Peer comparison
Rakesh Credits Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Wonder Finvest Private Limited | ₹8.13 Cr (FY 2024) | 19.0% | Kolkata, West Bengal, India | |||
| Rakesh Credits Limitedthis company | ₹8.12 Cr (FY 2025) | ₹1.49 Cr | 18.3% | 5.0% | 92 | Chennai, Tamil Nadu, India |
| Aarkay Investments Pvt. Ltd. | ₹8.08 Cr (FY 2025) | -83.0% | Kolkata, West Bengal, India | |||
| Tetron Commercial Ltd | ₹8.08 Cr (FY 2024) | 249.0% | Kolkata, West Bengal, India | |||
| Shaha Finlease Private Limited | ₹8.06 Cr (FY 2025) | -41.0% | Jogeshwari East, Maharashtra, India |
To see the full peer comparison of Rakesh Credits Limited, buy the company report.
Auditor
Rakesh Credits Limited is audited by JAIN BAFNA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN BAFNA & ASSOCIATES | FY 2023 | 001226S |
Shareholding
The shareholding of Rakesh Credits 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 Rakesh Credits Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101083576 | Others | ₹1 Cr | Open | |
| 31 May 2022 | 100747022 | Hdfc Bank Limited | ₹10.2 Lakh | Open | |
| 22 Apr 2022 | 100567789 | Others | ₹3 Cr | Open | |
| 05 Apr 2023 | 100718469 | Others | ₹1 Cr | Satisfied | |
| 25 Nov 2019 | 100308427 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Rakesh Credits Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Rakesh Credits Limited has 1,288 court cases on record: 1,280 filed by Rakesh Credits, 8 filed against it. 589 cases are pending and 699 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,285 | 6 | 588 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 1,288)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Malappuram, Kerala | Civil suit | Filed against the company by United India Insurance Co. Ltd., | Disposed |
| District court, Palakkad, Kerala | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Palakkad, Kerala | Court case (EP(Arb)) | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Court case (EP(Arb)) | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Court case (EP(Arb)) | Filed by the company against an individual | Pending |
To see the full case history of Rakesh Credits 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.
Credit ratings & regulatory alerts
Rakesh Credits Limited was last rated by Crisil on 28 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Jul 2020 |
To see the full credit ratings and regulatory alerts of Rakesh Credits Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rakesh Credits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rakesh Credits Limited has a workforce of 92 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Rakesh Credits Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rakesh Credits Limited has 4 board changes on record since 1993: 4 appointments. The latest: Tejraj Jain Vinod Kumar Jain was appointed as Director on 28 Mar 2019.
12 earlier events are in the company report.
Frequently asked questions
Rakesh Credits is an active public limited company based in Chennai, Tamil Nadu, India. The company works in nbfc, within the financial services industry. It was incorporated on 26 July 1993 (33+ years old) and is registered under CIN U71309TN1993PLC025498.
Rakesh Credits has 4 current directors:
- Tejraj A Jain - Managing Director
- Rakesh Kumar - Director
- Hemalatha - Director
- Tejraj Jain Vinod Kumar Jain - Director
The latest financial statements of Rakesh Credits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rakesh Credits is U71309TN1993PLC025498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rakesh Credits has 1,288 court cases on record: 1,280 filed by the company and 8 filed against it. 589 are pending. Most are in the district courts.
Rakesh Credits was incorporated on 26 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Rakesh Credits by revenue are Wonder Finvest Private Limited, Aarkay Investments Pvt. Ltd, Tetron Commercial Ltd, Shaha Finlease Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Tejraj Jain Vinod Kumar Jain was appointed as Director on 28 Mar 2019. Hemalatha was appointed as Director on 15 Apr 2016. Rakesh Kumar was appointed as Director on 27 Mar 2004. Rakesh Credits has 4 board changes on record in total.
Rakesh Credits can be reached through the website rcltd.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Rakesh Credits is at 527 General Muthiah Mudali Stsowcarpet Near Elephant Gate Madras – 600 079, Chennai, Tamil Nadu, India – 600079.
Rakesh Credits operates in the financial services industry, in the nbfc segment.