Right Choice Financial Services Limited Company Logo

Right Choice Financial Services Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 | Mumbai, Maharashtra, India | Active
Last Updated:

About Right Choice Financial Services Limited

Right Choice Financial Services Limited, a active public limited company, was established on 12 June 1995 in Mumbai, Maharashtra, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U67190MH1995PLC089427. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.50 M.

It upholds a compliant status. Its leadership includes Rajeev Krishna Bansal (Director), Preeti Bansal Anil (Whole-Time Director), Anil Jugalkishor Bansal (Director). Past directors included Rajeev Krishna Bansal, Preeti Bansal Anil, Anuja Anil Bansal. It holds ₹4.95 Cr open charges and ₹3.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1002, Ijmima Complex, Raheja'S Metroplex Link Road, Malad-(West), Mumbai, Maharashtra, 400064.

Company Details

  • CIN/LLPIN

    U67190MH1995PLC089427

  • Registration Number

    089427

  • Incorporation Date

    12 June 1995

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.95 Cr
  • Satisfied Charges ₹ 3.25 Cr
  • Revenue Growth 34.03%
  • Profit Growth 69.77%
  • Ebitda 61.07%
  • Net Worth 7.04%
  • Total Assets 8.40%
Company report

Right Choice Financial Services Limited

Company Report FY 2025-2026

Explore comprehensive insights into Right Choice Financial Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Right Choice Financial Services Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajeev Krishna BansalDirector28 Feb 2019Current
Preeti Bansal AnilWhole-Time Director12 Jun 1995Current
Anil Jugalkishor BansalDirector12 Jun 1995Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 Sep 2017Past
Pramod AbcsddDirector01 Apr 2015Past
Pramod AbcsddDirector01 Mar 2019Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Right Choice Financial Services.

Right Choice Financial Services Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.03% increase. The company also saw a substantial improvement in profitability, with a 69.77% increase in profit. The company's net worth moved up by a moderate rise of 7.04%.

Right Choice Financial Services revenue growth over time
Right Choice Financial Services 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
34.03%
Revenue from Operations
38.87%
Total Assets
8.40%
Profit or Loss
69.77%
Net Worth
7.04%
EBITDA
61.07%

What is the Ownership and Shareholding Structure of Right Choice Financial Services?

In 2021, Right Choice Financial Services had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹49,495,000.00

Satisfied Charges

₹32,499,999.00

Charges Breakdown by Lending Institutions

  • Others : 4.95 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2023Others₹1.45 CrOpen
07 Nov 2023Others₹3.50 CrOpen
30 Jun 2010Standard Chartered Bank₹1.50 CrSatisfied
24 May 2010Kotak Mahindra Bank Limited₹5.00 MSatisfied
18 May 2010The Saraswat Cooperative Bank Ltd₹5.00 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Right Choice Financial Services?

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

Employee growth trends for Right Choice Financial Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Right Choice Financial Services, 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 Right Choice Financial Services'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 Right Choice Financial Services

Recent Activity within the Organization

  • Annual General Meeting

    The activity Right Choice Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Right Choice Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 14.50 M with Charge ID 100840906 was registered on 12 Dec 2023. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 35.00 M with Charge ID 100822197 was registered on 07 Nov 2023. was recorded as a recent event.

  • Director Appointment

    The activity Rajeev Krishna Bansal was appointed as a Director was appointed as a Director on 28 Feb 2019 & has been associated with this company since 6 years 9 months . was completed.

  • Charges

    The activity A charge registered on 30 Jun 2010 via Charge ID 10227184 with Standard Chartered Bank was fully satisfied on 20 Apr 2018. was completed.

Frequently Asked Questions

  • What is the CIN of Right Choice Financial Services Limited?

    The CIN of Right Choice Financial Services Limited is U67190MH1995PLC089427.

  • Where is Right Choice Financial Services Limited headquartered?

    Right Choice Financial Services Limited is headquartered at 1002, Ijmima Complex, Raheja'S Metroplex Link Road, Malad-(West), Mumbai, Maharashtra, 400064.

  • When was Right Choice Financial Services Limited incorporated?

    Right Choice Financial Services Limited was incorporated on 12 June 1995.

  • Who are the current directors of Right Choice Financial Services Limited?

    The current directors of Right Choice Financial Services Limited are

  • What is the primary industry of Right Choice Financial Services Limited?

    The primary industry of Right Choice Financial Services Limited is Financial And Insurance Service.

  • Is Right Choice Financial Services Limited a listed company?

    Right Choice Financial Services Limited is unlisted.

  • What is the capital structure of Right Choice Financial Services Limited?

    The authorized capital of Right Choice Financial Services Limited is ₹5.00 M, and the paid-up capital is ₹4.50 M.

  • What is the compliance status of Right Choice Financial Services Limited?

    The compliance status of Right Choice Financial Services Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial