Rentasset Initiatives Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2013.
2013 Mumbai, Maharashtra, India Active
Last Updated:
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About Rentasset Initiatives Private Limited

Rentasset Initiatives Private Limited, a active private limited company, was established on 24 September 2013 in Mumbai, Maharashtra, India. Engaging in equipment leasing & financing within the support service to organizations sector, it holds CIN: U71200MH2013PTC248503. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.68 M.

It upholds a compliant status. Its leadership includes Alagappan Arunachalam Murugappan (Nominee Director), Boman Yezdani Jehangir (Whole-Time Director), Satish Kumar Rathnakumar (Whole-Time Director). Past directors included Boman Yezdani Jehangir, Satish Kumar Rathnakumar. It holds ₹86.60 Cr open charges and ₹52.06 Cr settled loans. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at 205, B Wing, 2Nd Floor, Floral Deck Plaza Off. Seepz, Andheri (E), Mumbai, Maharashtra, 400093.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U71200MH2013PTC248503

  • Registration Number

    248503

  • Incorporation Date

    24 September 2013

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.68 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.68 M
  • Company Age 12 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 86.60 Cr
  • Satisfied Charges ₹ 52.06 Cr
  • Revenue Growth **** -82.03%
  • Profit Growth **** -227.18%
  • Ebitda **** -230.98%
  • Net Worth -24.28%
  • Total Assets **** 8.16%
Company report

Rentasset Initiatives Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rentasset Initiatives Private 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 Rentasset Initiatives Private Limited?
Current Directors
Name Designation Appointment Date Status
Alagappan Arunachalam Murugappan Nominee Director 17 Nov 2014 Current
Boman Yezdani Jehangir Whole-Time Director 24 Sep 2013 Current
Satish Kumar Rathnakumar Whole-Time Director 24 Sep 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Nov 2014 Past
Pramod Abcsdd Director 07 Nov 2014 Past

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Financial Performance of Rentasset Initiatives.

Rentasset Initiatives Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.03% decrease. The company also saw a substantial fall in profitability, with a 227.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.28%.

Rentasset Initiatives revenue growth over time
Rentasset Initiatives profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -82.03%
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Revenue from Operations
*******
 -87.82%
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*******
*******
Total Assets
*******
 8.16%
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*******
*******
*******
Profit or Loss
*******
 -227.18%
*******
*******
*******
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Net Worth
*******
 -24.28%
*******
*******
*******
*******
EBITDA
*******
 -230.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rentasset Initiatives?

In 2023, Rentasset Initiatives had a public holding of 44.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹865,984,296.00

Satisfied Charges

₹520,581,322.00

Charges Breakdown by Lending Institutions
  • Others : 66.62 Cr
  • Hero Fincorp Limited : 19.98 Cr
Latest Charge Details
Date Lender Amount Status
25 Nov 2025 Others ₹5.66 M Open
25 Nov 2025 Others ₹2.01 Cr Open
14 Nov 2025 Others ₹9.46 M Open
16 Aug 2025 Others ₹5.88 M Open
27 Jun 2025 Others ₹3.38 M Open

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How Many Employees Work at Rentasset Initiatives?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rentasset Initiatives, 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 Rentasset Initiatives'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.

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Latest Updates, News, and FAQs on Rentasset Initiatives
Recent Activity within the Organization
  • Charges

    The activity A charge with Others amounted to Rs. 5.66 M with Charge ID 101197189 was registered on 25 Nov 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 20.12 M with Charge ID 101197027 was registered on 25 Nov 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 9.46 M with Charge ID 101195723 was registered on 14 Nov 2025. was recorded as a recent event.

  • Annual General Meeting

    Rentasset Initiatives Private Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 5.88 M with Charge ID 101148223 was registered on 16 Aug 2025. was recorded as a recent event.

  • Charges

    A charge registered on 09 Nov 2022 via Charge ID 100629617 with Others was fully satisfied on 25 Jul 2025. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Rentasset Initiatives Private Limited?

The CIN of Rentasset Initiatives Private Limited is U71200MH2013PTC248503.

Where is Rentasset Initiatives Private Limited headquartered?

Rentasset Initiatives Private Limited is headquartered at 205, B Wing, 2Nd Floor, Floral Deck Plaza Off. Seepz, Andheri (E), Mumbai, Maharashtra, 400093.

When was Rentasset Initiatives Private Limited incorporated?

Rentasset Initiatives Private Limited was incorporated on 24 September 2013.

Who are the current directors of Rentasset Initiatives Private Limited?

The current directors of Rentasset Initiatives Private Limited are

What is the primary industry of Rentasset Initiatives Private Limited?

The primary industry of Rentasset Initiatives Private Limited is Support Service To Organizations.

Is Rentasset Initiatives Private Limited a listed company?

Rentasset Initiatives Private Limited is unlisted.

What is the capital structure of Rentasset Initiatives Private Limited?

The authorized capital of Rentasset Initiatives Private Limited is ₹2.00 M, and the paid-up capital is ₹1.68 M.

What is the compliance status of Rentasset Initiatives Private Limited?

The compliance status of Rentasset Initiatives Private Limited is Compliant.

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