Richline Finance Limited Company Logo

Richline Finance Limited - Company Profile

It is a financial services public limited company based in Tirupur, Tamil Nadu, India, established in 1991.

1991 | Tirupur, Tamil Nadu, India | Active
Last Updated:

About Richline Finance Limited

Richline Finance Limited, a active public limited company, was established on 04 October 1991 in Tirupur, Tamil Nadu, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65921TZ1991PLC003458. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹4.81 Cr.

Formerly known as Kovai Malligai Finance Private Limited. It upholds a compliant status. Its leadership includes Thangamuthu Srinivasan (Managing Director), Srinivasan Ponbhuvaneswari (Director), Murugesem (Director). Past directors included Thangamuthu Srinivasan, Muthuswamy Vijayamohan, Kannampalayam Sathishkumar Arumugham. It holds ₹9.60 Cr open charges and ₹2.10 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 244 Ramana Industrial Garden Sirupuluvapatti Ring Road 15 Velampalayam, Tirupur, Tamil Nadu, 641652.

Company Details

  • CIN/LLPIN

    U65921TZ1991PLC003458

  • Registration Number

    003458

  • Incorporation Date

    04 October 1991

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹4.81 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.81 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.60 Cr
  • Satisfied Charges ₹ 2.10 Cr
  • Revenue Growth 107.49%
  • Profit Growth -2.99%
  • Ebitda 264.71%
  • Net Worth 5.19%
  • Total Assets 113.49%
Company report

Richline Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Richline Finance 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 Richline Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Thangamuthu SrinivasanManaging Director01 Dec 2014Current
Srinivasan PonbhuvaneswariDirector01 Dec 2014Current
MurugesemDirector01 Dec 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector27 Apr 2016Past
Pramod AbcsddDirector07 Apr 2015Past
Pramod AbcsddDirector04 Jan 2016Past
Pramod AbcsddManaging Director28 Apr 2016Past

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Financial Performance of Richline Finance.

Richline Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.49% increase. The company also saw a slight decrease in profitability, with a 2.99% decrease in profit. The company's net worth moved up by a moderate rise of 5.19%.

Richline Finance revenue growth over time
Richline Finance 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
107.49%
Revenue from Operations
120.88%
Total Assets
113.49%
Profit or Loss
-2.99%
Net Worth
5.19%
EBITDA
264.71%

What is the Ownership and Shareholding Structure of Richline Finance?

In 2023, Richline Finance had a promoter holding of 97.02% and a public holding of 2.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹95,962,008.00

Satisfied Charges

₹21,000,000.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.51 Cr
  • Others : 4.05 Cr
  • Anz Grindlays Bank Plc : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2024Others₹3.00 MOpen
11 Jun 2024Others₹5.00 MOpen
14 Mar 2024Others₹1.00 CrOpen
08 Feb 2024Others₹5.00 MOpen
10 Nov 2023Others₹5.00 MOpen

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How Many Employees Work at Richline Finance?

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

Employee growth trends for Richline Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Richline 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 Richline Finance's trajectory.

Rating

Graph displaying rating trends over time

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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 Richline Finance

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 19 Nov 2022 via Charge ID 100649633 with Others was fully satisfied on 15 May 2025. was documented.

  • Charges

    The activity A charge registered on 17 Jun 2022 via Charge ID 100590007 with Others was fully satisfied on 15 May 2025. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101004191 was registered on 06 Nov 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Richline Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100938974 was registered on 11 Jun 2024. was completed.

  • Balance Sheet

    Progress on Richline Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was documented.

Frequently Asked Questions

  • What is the CIN of Richline Finance Limited?

    The CIN of Richline Finance Limited is U65921TZ1991PLC003458.

  • Where is Richline Finance Limited headquartered?

    Richline Finance Limited is headquartered at 244 Ramana Industrial Garden Sirupuluvapatti Ring Road 15 Velampalayam, Tirupur, Tamil Nadu, 641652.

  • When was Richline Finance Limited incorporated?

    Richline Finance Limited was incorporated on 04 October 1991.

  • Who are the current directors of Richline Finance Limited?

    The current directors of Richline Finance Limited are

  • What is the primary industry of Richline Finance Limited?

    The primary industry of Richline Finance Limited is Financial And Insurance Service.

  • Is Richline Finance Limited a listed company?

    Richline Finance Limited is unlisted.

  • What is the capital structure of Richline Finance Limited?

    The authorized capital of Richline Finance Limited is ₹5.50 Cr, and the paid-up capital is ₹4.81 Cr.

  • What is the compliance status of Richline Finance Limited?

    The compliance status of Richline Finance Limited is Compliant.

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