Rentasset Initiatives Private Limited Company Logo

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:

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 ₹83.08 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

  • 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 Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.68 M
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 83.08 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

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

NameDesignationAppointment DateStatus
Alagappan Arunachalam MurugappanNominee Director17 Nov 2014Current
Boman Yezdani JehangirWhole-Time Director24 Sep 2013Current
Satish Kumar RathnakumarWhole-Time Director24 Sep 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector07 Nov 2014Past
Pramod AbcsddDirector07 Nov 2014Past

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

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 Indicator graph

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Charges (Loans)

Open Charges

₹830,751,142.00

Satisfied Charges

₹520,581,322.00

Charges Breakdown by Lending Institutions

  • Others : 63.10 Cr
  • Hero Fincorp Limited : 19.98 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2025Others₹5.88 MOpen
27 Jun 2025Others₹3.38 MOpen
27 May 2025Others₹2.41 MOpen
28 Apr 2025Others₹1.52 MOpen
28 Apr 2025Others₹1.16 MOpen

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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 growth trends for Rentasset Initiatives Private Limited

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.

Latest Updates, News, and FAQs on Rentasset Initiatives

Recent Activity within the Organization

  • 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.

  • Charges

    The activity A charge registered on 21 Oct 2022 via Charge ID 100627774 with Others was fully satisfied on 25 Jul 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 3.38 M with Charge ID 101122708 was registered on 27 Jun 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 2.41 M with Charge ID 101107551 was registered on 27 May 2025. was completed.

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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