About
Basic Data Updated:
30 days agoThe business of providing home loans, construction finance, and loans against property is undertaken by Reliance Home Finance Limited. According to its credit rating report, the portfolio of RHFL is spread across 20 states, with a significant concentration in Maharashtra, Gujarat, and Delhi. Through a 'hub and spoke' model, RHFL has a presence in more than 140 locations and serves over 45,000 customer accounts. The range of services offered by RHFL includes asset management, mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management, proprietary investments, and other activities. Reliance Home Finance Limited is registered as a housing finance company with the National Housing Bank and is involved in mortgage-based lending operations. The company is promoted by Reliance Capital Limited.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Financials of Reliance Home Finance Limited
Reliance Home Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 65.08% decrease. The company also saw a substantial fall in profitability, with a 257.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10271.4%.
Corporate Structure
Unlock access to Reliance Home Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Reliance Home Finance Limited
Unlock and access historical data on people associated with Reliance Home Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
SJ
Shanil Jain CFOAppointment Date: 17-Jul-2023
Status: Current
KG
Krutika Gada Company SecretaryAppointment Date: 01-Oct-2023
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Jun 2019 | ₹200.00 Cr | Open |
Others Creation Date: 28 Feb 2019 | ₹56.90 Cr | Open |
Others Creation Date: 21 Feb 2019 | ₹25.57 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Reliance Home Finance, 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 Reliance Home Finance's trajectory.
Rating
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.
Alert
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.
Related Corporates (Common Directorship)
Reliance Financial Advisory Services Private Limited
Active
15 years 11 months Sushilkumar Agrawal is a mutual person
Indian Commodity Exchange Limited
Active 15 years 9 months Sushilkumar Agrawal and Gopala Ramaratnam are mutual person
Recent activity within the organization
Director Appointment
Gopala Ramaratnam was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2024 & has been associated with this company since 2 months 14 days .
08 Mar 2024Director Appointment
Heena Rajendra Jaysinghani was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2024 & has been associated with this company since 2 months 14 days .
08 Mar 2024Director Appointment
Ravishekhar Pandey was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2024 & has been associated with this company since 2 months 14 days .
08 Mar 2024Annual General Meeting
Reliance Home Finance Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
29 Sep 2023Balance Sheet
Reliance Home Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023
Recent News, Updates & Announcement
Reliance Capital sells 45 stake in home finance arm for Rs 54 crore.Ismdu 26 Aug 2023
- Reliance Capital sells 4543 stake in Reliance Home Finance for 545 crore Mint.
Reliance Capital sells 4543 stake in Reliance Home Finance for 545 crore reducing its shareholding to 247 The company posted a net profit of 444 crore in Q1 FY 2024.
mint 10 Aug 2023
- Reliance Home Finance Limiteds Resolution of Debt.
Global Legal Chronicle 20 Apr 2023
- Authum Investments completes takeover of Reliance Home Finance.
IndiaBlooms 01 Apr 2023
- Supreme Court asks Authum Investments and Infrastructure to implement resolution plan for Reliance Home Fi.
The court however said that dissenting debenture holders should be given the option to accept the terms of the resolution plan or they can pursue other legal remedies to recover their dues.
Economic Times 04 Mar 2023
Frequently asked questions
What is the Incorporation or founding date of Reliance Home Finance Limited?
