Refcon Management Pvt. Ltd.
About Refcon Management Pvt. Ltd.
Data last updated:
Refcon Management Pvt. Ltd. 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 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67190WB1989PTC047220.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39.93 Lakh. It is led by directors Ram Krishna Prapann and Ashok Kumar Khaitan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 207 Krishna Building 224 A.J.C. Bose Road, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.65 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹10.91 Lakh (net margin -44.3%) and EBITDA of -₹7.63 Lakh (EBITDA margin -31%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Refcon Management Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address207 Krishna Building 224 A.J.C. Bose Road, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Refcon Management Pvt. Ltd., 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
Financials of Refcon Management Pvt. Ltd.
FY 2025 filings availableRefcon Management Pvt. Ltd. reported revenue of ₹24.65 Lakh (down 85% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 85% fall in the latest year. EBITDA fell 116% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.65 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -31% | ||||
| Net Profit Margin | -44.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Refcon Management Pvt. Ltd., buy the company report.
Board of directors of Refcon Management Pvt. Ltd.
Refcon Management has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Krishna Prapann | Director | 14 Aug 1990 | 36 Years 2 Months | Current |
| Ashok Kumar Khaitan | Director | 19 Nov 1999 | 26 Years 11 Months | Current |
Peer comparison
Refcon Management Pvt. Ltd. is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Shatabadi Finlease and Securities Limited | ₹24.74 Lakh (FY 2025) | -36.0% | New Delhi, Delhi, India | |||
| RM Corporate Services Private Limited | ₹24.72 Lakh (FY 2020) | 10.0% | New Delhi, Delhi, India | |||
| Dosti Leasing and Investment (Bombay) Limited | ₹24.71 Lakh (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Jayachelve Financing and Leasing Private Limited | ₹24.68 Lakh (FY 2025) | -9.0% | Madurai, Tamil Nadu, India | |||
| Charbhuja Finance Limited | ₹24.67 Lakh (FY 2025) | 13.0% | Indore, Madhya Pradesh, India | |||
| Refcon Management Pvt. Ltd.this company | ₹24.65 Lakh (FY 2020) | -₹10.91 Lakh | -44.3% | -85.0% | Kolkata, West Bengal, India | |
| Bhartia Sons Ltd | ₹24.6 Lakh (FY 2022) | 10.0% | Kolkata, West Bengal, India | |||
| Chhallani Marketing and Investment Private Limited | ₹24.6 Lakh (FY 2017) | 12.0% | Ahmednagar, Maharashtra, India |
To see the full peer comparison of Refcon Management Pvt. Ltd., buy the company report.
Auditor
Refcon Management Pvt. Ltd. is audited by S RATAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S RATAN & ASSOCIATES | FY 2020 | 329319E |
Shareholding
The shareholding of Refcon Management Pvt. Ltd. is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Refcon Management Pvt. Ltd., buy the company report.
Legal cases
Refcon Management Pvt. Ltd. has 4 court cases on record: 3 filed by Refcon Management, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Limtex (India) Limited | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Limtex(India)Limited and Others | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Ms Parekh Aluminex Ltd and 3 Ors | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of M/S. Bharnobari Tea & Industries Ltd. -and- | Disposed |
To see the full case history of Refcon Management Pvt. Ltd., 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 Refcon Management Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Refcon Management Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Refcon Management Pvt. Ltd. has 3 board changes on record since 1990: 2 appointments and 1 cessation. The latest: Subrata Bose ceased to be Director on 04 Feb 2009.
Frequently asked questions
Refcon Management 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 July 1989 (37+ years old) and is registered under CIN U67190WB1989PTC047220.
Refcon Management has 2 current directors:
- Ram Krishna Prapann - Director
- Ashok Kumar Khaitan - Director
The latest financial statements of Refcon Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Refcon Management is U67190WB1989PTC047220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Refcon Management has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Refcon Management was incorporated on 11 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Refcon Management by revenue are Shatabadi Finlease and Securities Limited, RM Corporate Services Private Limited, Dosti Leasing and Investment (Bombay) Limited, Jayachelve Financing and Leasing Private Limited, Charbhuja Finance Limited and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Subrata Bose ceased to be Director on 04 Feb 2009. Ashok Kumar Khaitan was appointed as Director on 19 Nov 1999. Ram Krishna Prapann was appointed as Director on 14 Aug 1990.
The registered office of Refcon Management is at 207 Krishna Building 224 A.J.C. Bose Road, Kolkata, West Bengal, India – 700017.
Refcon Management operates in the financial services industry, in the nbfc segment.
The compliance status of Refcon Management is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.
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