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: January 08, 2026

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 2025, with the balance sheet filed on 31 March 2025. 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 Metrics

Authorised Capital ₹ 5.00 M as on 08-01-2026
Paid Up Capital ₹ 4.50 M as on 08-01-2026
Company Age 30 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 4.95 Cr as on 08-01-2026
Satisfied Charges ₹ 3.25 Cr as on 08-01-2026
Revenue Growth **** 34.03% (FY 2022)
Profit Growth **** 69.77% (FY 2022)
Ebitda **** 61.07% (FY 2022)
Net Worth 7.04% (FY 2022)
Total Assets **** 8.40% (FY 2022)

Comprehensive Company Insights

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.

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

Current Directors

Name	Designation	Appointment Date	Status
Rajeev Krishna Bansal	Director	28 Feb 2019	Current
Preeti Bansal Anil	Whole-Time Director	12 Jun 1995	Current
Anil Jugalkishor Bansal	Director	12 Jun 1995	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	29 Sep 2017	Past
Pramod Abcsdd	Director	01 Apr 2015	Past
Pramod Abcsdd	Director	01 Mar 2019	Past

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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%.

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

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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%

*******

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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 Pattern (FY 2024)

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

₹49,495,000.00

Satisfied Charges

₹32,499,999.00

Charges Breakdown by Lending Institutions

Others : 4.95 Cr

Latest Charge Details

Date	Lender	Amount	Status
12 Dec 2023	Others	₹1.45 Cr	Open
07 Nov 2023	Others	₹3.50 Cr	Open
30 Jun 2010	Standard Chartered Bank	₹1.50 Cr	Satisfied
24 May 2010	Kotak Mahindra Bank Limited	₹5.00 M	Satisfied
18 May 2010	The Saraswat Cooperative Bank Ltd	₹5.00 M	Satisfied

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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 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 2025 as per latest MCA records. was completed.
30 Sep 2025
Balance Sheet

Progress on Right Choice Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 14.50 M with Charge ID 100840906 was registered on 12 Dec 2023. was completed.
12 Dec 2023
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.
07 Nov 2023
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 7 years 11 days . was completed.
28 Feb 2019
Charges

A charge registered on 30 Jun 2010 via Charge ID 10227184 with Standard Chartered Bank was fully satisfied on 20 Apr 2018. was recorded as a recent event.
20 Apr 2018

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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.

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