Rashi Fincorp Limited Company Logo

Rashi Fincorp Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1993.

1993 | Mumbai, Maharashtra, India | Active
Last Updated:

About Rashi Fincorp Limited

Rashi Fincorp Limited, a active public limited company, was established on 03 December 1993 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65920MH1993PLC075442. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹8.25 Cr and a paid-up capital of ₹6.41 Cr.

Formerly known as Jbf Finance Ltd. It upholds a compliant status. Its leadership includes Pradyumna Ashish Singhania (Director), Ashish Singhania (Director), Vivek Chandraprakash Singhania (Director). Past directors included Anurag Goyal, Rajesh Dugar, Pradyumna Ashish Singhania. It holds ₹24.29 Cr open charges and ₹14.86 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 72-A, Mittal Tower, Nariman Point, Mumbai, Maharashtra, 400021.

Company Details

  • CIN/LLPIN

    U65920MH1993PLC075442

  • Registration Number

    075442

  • Incorporation Date

    03 December 1993

  • Authorized Capital

    ₹8.25 Cr

  • Paid-Up Capital

    ₹6.41 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 6.41 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.29 Cr
  • Satisfied Charges ₹ 14.86 Cr
  • Revenue Growth -81.68%
  • Profit Growth -127.38%
  • Ebitda -87.09%
  • Net Worth -12.36%
  • Total Assets 50.12%
Company report

Rashi Fincorp Limited

Company Report FY 2025-2026

Explore comprehensive insights into Rashi Fincorp Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rashi Fincorp Limited?

Current Directors

NameDesignationAppointment DateStatus
Pradyumna Ashish SinghaniaDirector08 Apr 2021Current
Ashish SinghaniaDirector08 Feb 2013Current
Vivek Chandraprakash SinghaniaDirector08 Feb 2013Current
Girdhari Lal KundalwalAdditional Director13 Jun 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Jun 2021Past
Pramod AbcsddDirector14 Feb 2013Past
Pramod AbcsddAdditional Director29 Sep 2021Past
Pramod AbcsddWhole-Time Director31 Mar 2016Past
Pramod AbcsddWhole-Time Director31 Mar 2016Past
Pramod AbcsddDirector14 Feb 2013Past

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Financial Performance of Rashi Fincorp.

Rashi Fincorp Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.68% decrease. The company also saw a substantial fall in profitability, with a 127.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.36%.

Rashi Fincorp revenue growth over time
Rashi Fincorp profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-81.68%
Revenue from Operations
-48.26%
Total Assets
50.12%
Profit or Loss
-127.38%
Net Worth
-12.36%
EBITDA
-87.09%

What is the Ownership and Shareholding Structure of Rashi Fincorp?

In 2023, Rashi Fincorp had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹242,900,000.00

Satisfied Charges

₹148,600,000.00

Charges Breakdown by Lending Institutions

  • Others : 20.75 Cr
  • Hdfc Bank Limited : 3.54 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2024Hdfc Bank Limited₹7.50 MOpen
20 Dec 2024Others₹7.50 MOpen
13 Sep 2024Hdfc Bank Limited₹1.00 CrOpen
17 Nov 2023Others₹20.00 CrOpen
16 Nov 2022Hdfc Bank Limited₹1.79 CrOpen

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How Many Employees Work at Rashi Fincorp?

Unlock and access historical data on people associated with Rashi Fincorp, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rashi Fincorp Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashi Fincorp, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rashi Fincorp's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rashi Fincorp

Recent Activity within the Organization

  • Director Appointment

    Girdhari Lal Kundalwal was appointed as a Additional Director was appointed as a Additional Director on 13 Jun 2025 & has been associated with this company since 5 months 17 days . was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.75 Cr with Charge ID 101028111 was registered on 30 Dec 2024. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 0.75 Cr with Charge ID 101026736 was registered on 20 Dec 2024. was completed.

  • Charges

    Progress on A charge registered on 24 Aug 2021 via Charge ID 100476287 with Hdfc Bank Limited was fully satisfied on 06 Dec 2024. was documented.

  • Annual General Meeting

    Rashi Fincorp Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100983850 was registered on 13 Sep 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Rashi Fincorp Limited?

    The CIN of Rashi Fincorp Limited is U65920MH1993PLC075442.

  • Where is Rashi Fincorp Limited headquartered?

    Rashi Fincorp Limited is headquartered at 72-A, Mittal Tower, Nariman Point, Mumbai, Maharashtra, 400021.

  • When was Rashi Fincorp Limited incorporated?

    Rashi Fincorp Limited was incorporated on 03 December 1993.

  • Who are the current directors of Rashi Fincorp Limited?

    The current directors of Rashi Fincorp Limited are

  • What is the primary industry of Rashi Fincorp Limited?

    The primary industry of Rashi Fincorp Limited is Financial And Insurance Service.

  • Is Rashi Fincorp Limited a listed company?

    Rashi Fincorp Limited is unlisted.

  • What is the capital structure of Rashi Fincorp Limited?

    The authorized capital of Rashi Fincorp Limited is ₹8.25 Cr, and the paid-up capital is ₹6.41 Cr.

  • What is the compliance status of Rashi Fincorp Limited?

    The compliance status of Rashi Fincorp Limited is Compliant.

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