About Religare Finvest Limited
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Religare Finvest Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Religare Enterprises Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1995PLC064132. Its GSTIN is 07AAFCS6801H1ZE (Delhi). The company holds 20 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹1,860 Cr and a paid-up capital of ₹262.1 Cr. It is led by directors including Srinivasan Karthik (Managing Director) and Malay Kumar Sinha.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor Office No. 101, 2E/23 Jhandewalan Extn., New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.64 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹23.83 Cr (net margin 21.3%) and EBITDA of ₹28.13 Cr (EBITDA margin 25.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 24% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Religare Finvest and Religare. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹41,574 Cr on record. Court records list 27,846 cases involving the company, including 26,297 filed by the company and 1,553 filed against it; 2,398 cases are pending. The company has 30 deals on record (16 secondary share transfers, 13 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹2,565.34 Cr; the latest was in February 2020. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 661 overdue payments to 112 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website religarefinvest.com.
Company details
Contact details
Religare Finvest Limited's registered office is in New Delhi, Delhi. Its website is religarefinvest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor Office No. 101, 2E/23 Jhandewalan Extn., New Delhi, Delhi, India – 110055
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Religare Finvest 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
Brands
Religare Finvest operates two associated brands: Religare Finvest and Religare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SME financing solutions including working capital loans are provided. | religarefinvest.com | |
| Online trading platform for stocks, commodities, and investments is provided. | religare.com |
Business activity
The main business activity of Religare Finvest is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Religare Finvest Limited, buy the company report.
Financials of Religare Finvest Limited
FY 2025 filings availableReligare Finvest Limited reported revenue of ₹111.64 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 12% fall in the latest year. EBITDA fell 75% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹111.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 25.2% | ||||
| Net Profit Margin | 21.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Religare Finvest Limited, buy the company report.
Board of directors of Religare Finvest Limited
Religare Finvest has 8 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Religare Finvest Limited is audited by S.S. KOTHARI MEHTA & CO. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S. KOTHARI MEHTA & CO. | FY 2018 | 000756N |
Shareholding
The shareholding of Religare Finvest 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 Religare Finvest Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2026 | 101324528 | Others | ₹20 Cr | Open | |
| 25 May 2026 | 101310910 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 19 Jul 2017 | 100114895 | Others | ₹23.22 Cr | Satisfied | |
| 30 Mar 2016 | 100025117 | Others | ₹200 Cr | Satisfied | |
| 22 Mar 2016 | 100023548 | Others | ₹40 Cr | Satisfied |
To see the full charge records of Religare Finvest Limited, buy the company report.
Total charge records: 194 View all charges
Deals & funding
Religare Finvest Limited has 30 deals on record (16 secondary share transfers, 13 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹2,565.34 Cr; the latest was in February 2020.
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Religare Enterprises Limited Seller: Jacob Ballas, Resurgence PE Investments |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Religare Enterprises Limited Seller: Rgam Investment Advisers Private Limited |
| Dec 2016 | Funding round | ₹560 Cr | Investors: Rgam Investment Advisers Private Limited |
| Mar 2016 | Funding round | ₹150 Cr | Investors: Religare Enterprises Limited |
| Oct 2014 | Secondary share transfer | Undisclosed | Seller: Icici Bank Limited |
To see the full deal history of Religare Finvest Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Religare Finvest Limited has 27,846 court cases on record: 26,297 filed by Religare Finvest, 1,553 filed against it. 2,398 cases are pending and 25,448 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25,605 | 736 | 2,211 |
| High courts | 2,062 | 704 | 139 |
| NCLAT | 89 | 54 | 33 |
| Supreme Court | 56 | 40 | 10 |
| NCLT | 34 | 19 | 5 |
Cases on record (5 of 27,846)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0602-Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution]) | Filed against the company by Jayam College of Engineering and Technology and 1 other | Disposed |
| Supreme Court | Appeal | Filed against the company by Resolve Support Services Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Konti Infrapower and Multiventures Pvt Ltd & Anr. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Asian Satellite Broadcast Pvt Ltd & Anr. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Widescreen Holdings Pvt Ltd & Anr. | Pending |
To see the full case history of Religare Finvest 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
Religare Finvest Limited was last rated by Icra on 09 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 May 2022 |
To see the full credit ratings and regulatory alerts of Religare Finvest Limited, buy the company report.
MSME payment delays
Religare Finvest Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 661 overdue payments to 112 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 112)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amazing Travel Solutions | |||
| Optima Engineers and Developers | |||
| Soteria Command Center Private Limited | |||
| an individual supplier | |||
| Netpro Power Solution Private Limited |
To see the full MSME payment records of Religare Finvest Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Religare Finvest has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Religare Housing Development Finance Corporation Limited | U74899DL1993PLC054259 |
To see the full group structure of Religare Finvest Limited, buy the company report.
GST
Religare Finvest has 20 GST registrations: 10 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCS6801H1ZE | Delhi | Active | 01 Jul 2017 |
| 04AAFCS6801H1ZK | Chandigarh | Active | 01 Jul 2017 |
| 09AAFCS6801H1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AAFCS6801H1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Religare Finvest Limited, buy the company report.
Recent activity
Religare Finvest Limited has 45 board changes on record since 2007: 10 appointments and 35 cessations. The latest: Srinivasan Karthik was appointed as Managing Director on 23 Jun 2026.
445 earlier events are in the company report.
News
Frequently asked questions
Religare Finvest is an active public limited company based in New Delhi, Delhi, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 January 1995 (31+ years old) and is registered under CIN U74999DL1995PLC064132.
Religare Finvest has 8 current directors:
- Srinivasan Karthik - Managing Director
- Malay Kumar Sinha - Director
- Praveen Kumar Tripathi - Director
- Upma Goel - Director
- Arjun Lamba - Director
- Suresh Mahalingam - Director
- Gurumurthy Ramanathan - Director
- Anil Prasad Verma - Director
The latest financial statements of Religare Finvest on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Religare Finvest is 07AAFCS6801H1ZE, registered in Delhi. The company has 20 GST registrations in all, of which 10 are active and 10 are cancelled or inactive. Other active GSTINs include 04AAFCS6801H1ZK (Chandigarh), 09AAFCS6801H1ZA (Uttar Pradesh), 19AAFCS6801H1Z9 (West Bengal).
The CIN (Corporate Identification Number) of Religare Finvest is U74999DL1995PLC064132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Religare Finvest has 27,846 court cases on record: 26,297 filed by the company and 1,553 filed against it. 2,398 are pending. Most are in the district courts.
Religare Finvest was incorporated on 06 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Religare Finvest has 30 deals on record (16 secondary share transfers, 13 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹2,565.34 Cr; the latest was in February 2020.
Srinivasan Karthik was appointed as Managing Director on 23 Jun 2026. Upma Goel was appointed as Director on 02 Jan 2026. Pankaj Sharma ceased to be CEO on 31 Dec 2025. Religare Finvest has 45 board changes on record in total.
Religare Finvest has 14 MSME Form 1 returns on record between 2019 and 2024, listing 661 overdue payments to 112 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Religare Finvest can be reached through the website religarefinvest.com. Its registered office is in New Delhi, Delhi, India.
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