RGF Fincon Pvt Ltd
About RGF Fincon Pvt Ltd
Data last updated:
RGF Fincon 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 23 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1996PTC076750. Its GSTIN is 29AABCR4654B1ZI (Karnataka).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.73 Cr. It is led by directors Nilesh Kumar Tibrewala and Sunil Saraf.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 156A Mahatma Gandhi Road 2nd Floor Room No. 206, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2024, the company reported a revenue of ₹120.83 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹6.59 Cr (net margin -5.5%) and EBITDA of -₹6.59 Cr (EBITDA margin -5.5%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years and 179% over five years.
As per MCA filings, the company has open charges of ₹107.75 Cr on record. The company has 13 deals on record (10 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.93 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
RGF Fincon 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 Address156A Mahatma Gandhi Road 2nd Floor Room No. 206, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of RGF Fincon 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
Business activity
The main business activities of RGF Fincon are trade and financial and insurance service. In detail, this covers wholesale trading and financial and credit leasing activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of RGF Fincon Pvt Ltd, buy the company report.
Financials of RGF Fincon Pvt Ltd
FY 2024 filings availableRGF Fincon Pvt Ltd reported revenue of ₹120.83 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 179%. EBITDA rose 61% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹6.59 Cr | ||||
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| Net Profit (PAT) | -₹6.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -5.5% | ||||
| Net Profit Margin | -5.5% | ||||
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To see the full financial statements and ratios of RGF Fincon Pvt Ltd, buy the company report.
Board of directors of RGF Fincon Pvt Ltd
RGF Fincon has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Kumar Tibrewala Also directs: Shrinathji Tradecom Private Limited, Seethalakshmi Hall Flour Mills Private Limited, Sridhara Commercial Private Limited and 5 more | Director | 01 May 2021 | 5 Years 6 Months | Current |
| Sunil Saraf Also directs: Virgo Polymers India Limited, Pulastya Commercial Private Limited, Tejomaya Commercial Private Limited and 5 more | Director | 01 Mar 2004 | 22 Years 8 Months | Current |
Auditor
RGF Fincon Pvt Ltd is audited by RAJESH MOHAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MOHAN & ASSOCIATES | FY 2022 | 323131E |
Shareholding
The shareholding of RGF Fincon Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of RGF Fincon Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2018 | 100186133 | State Bank of India | ₹107.75 Cr | Open |
To see the full charge records of RGF Fincon Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Deals & funding
RGF Fincon Pvt Ltd has 13 deals on record (10 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.93 Cr; the latest was in March 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Ramsisaria Builders Limited , Vandana Griha Nirman Limited , an individual |
| Apr 2022 | Secondary share transfer | Undisclosed | Seller: Isotech Tie-Up Pvt Ltd , Piyush Fiscal Ltd |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Ikcon Financial Consultants Private Limited , Royal Commotrade Private Limited , 2 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Royal Commotrade Private Limited Seller: Kiran Polymers Pvt Ltd |
| Mar 2014 | Funding round | ₹2.93 Cr | Investors: Ikcon Financial Consultants Private Limited |
To see the full deal history of RGF Fincon Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving RGF Fincon Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for RGF Fincon Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RGF Fincon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR4654B1ZI | Karnataka | Active | 14 Jul 2022 |
To see the full GST registrations and return filing status of RGF Fincon Pvt Ltd, buy the company report.
Recent activity
RGF Fincon Pvt Ltd has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Nilesh Kumar Tibrewala ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
RGF Fincon 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 23 January 1996 (30+ years old) and is registered under CIN U67120WB1996PTC076750.
RGF Fincon has 2 current directors:
- Nilesh Kumar Tibrewala - Director
- Sunil Saraf - Director
The latest financial statements of RGF Fincon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of RGF Fincon is 29AABCR4654B1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of RGF Fincon is U67120WB1996PTC076750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RGF Fincon was incorporated on 23 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
RGF Fincon has 13 deals on record (10 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.93 Cr; the latest was in March 2024.
Nilesh Kumar Tibrewala ceased to be Additional Director on 30 Nov 2021. Mahesh Bohra ceased to be Director on 01 May 2021. Nilesh Kumar Tibrewala was appointed as Director on 01 May 2021. RGF Fincon has 6 board changes on record in total.
The registered office of RGF Fincon is at 156A Mahatma Gandhi Road 2nd Floor Room No. 206, Kolkata, West Bengal, India – 700007.
RGF Fincon operates in the financial services industry, in the nbfc segment.
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