MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0183553
Rising Financials Limited
Rising Financials Limited - financial services in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.43 Cr
▼ 67% YoY
Net loss · FY 2025
₹87.91 Lakh
Net margin -11.8%
EBITDA · FY 2025
-₹56.15 Lakh
EBITDA margin -7.6%
Authorised capital
₹7.01 Cr
Registered with MCA
Paid-up capital
₹4.16 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
4
Provident fund records
Directors on board
8
As per MCA filings
About Rising Financials Limited
Data last updated:
Rising Financials Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 11 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2016PLC091922. Its GSTIN is 24AAOCA3665N1Z6 (Gujarat).
The company has an authorised share capital of ₹7.01 Cr and a paid-up capital of ₹4.16 Cr. It was formerly known as Rising Capital Private Limited and Rising Capital Advisors Private Limited. It is led by directors including Vishal Sabhar (Managing Director) and Hitesh Mohanlal Sapovadia.
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 Unit No P03 – 02A 3rd Floor Tower A Wtc Gift City Block No 51 Road 5E Zone – 5, Gandhinagar, Gujarat, India – 382355.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.43 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹87.91 Lakh (net margin -11.8%) and EBITDA of -₹56.15 Lakh (EBITDA margin -7.6%). Revenue has grown at a compounded annual rate (CAGR) of 228% over three years and 126% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
Rising Financials Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0183553). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74110GJ2016PLC091922
Registration Number 091922
Incorporation Date 11 May 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0183553
Name history
Rising Financials has undergone 3 name changes throughout its history. The company was previously known as Rising Capital Private Limited, Rising Capital Advisors Private Limited, and Amroz Solutions Private Limited. The current legal name is Rising Financials Limited.
| Company Name | Status |
|---|---|
| Rising Financials Limited | Current |
| Rising Capital Private Limited | Previous |
| Rising Capital Advisors Private Limited | Previous |
| Amroz Solutions Private Limited | Previous |
CIN history
Rising Financials has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110GJ2016PLC091922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2016PLC091922 | Current |
| U74110GJ2016PTC091922 | Previous |
| U72200GJ2016PTC091922 | Previous |
Key People
Vishal Sabhar Managing Director Ankur Thobhanbhai Patel Cfo Hitesh Mohanlal Sapovadia Director Recognitions & Rankings of Rising Financials
Contact details
Rising Financials Limited's registered office is in Gandhinagar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No P03 – 02A 3rd Floor Tower A Wtc Gift City Block No 51 Road 5E Zone – 5, Gandhinagar, Gujarat, India – 382355
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Rising Financials Limited, buy the company report.
Comprehensive company report
Rising Financials Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rising Financials is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Rising Financials Limited, buy the company report.
Financials of Rising Financials Limited
FY 2024 filings availableRising Financials Limited reported revenue of ₹7.43 Cr (down 67% YoY) for FY 2025.
Revenue · FY 2025
₹7.43 Cr ▼ 67%
Net loss · FY 2025
₹87.91 Lakh margin -11.8%
EBITDA · FY 2025
-₹56.15 Lakh margin -7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 67%
3 years · compounded
▲ 228%
5 years · compounded
▲ 126%
EBITDA CAGR growth
1 year
▼ 103%
3 years · compounded
▼ 224%
5 years · compounded
▼ 86%
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 126%. EBITDA fell 103% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹56.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹87.91 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.6% | ||||
| Net Profit Margin | -11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rising Financials Limited, buy the company report.
Board of directors and KMP of Rising Financials Limited
Rising Financials Limited currently reports 6 directors and 2 key managerial personnel. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Mohanlal Sapovadia | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
| Vishal Sabhar Also directs: Rising Innovative Engineers LLP, Mahayan Alternative Management LLP, Rising Quantlab Private Limited and 3 more | Managing Director | 19 Oct 2019 | 7 Years 0 Months | Current |
| Ankur Thobhanbhai Patel Also directs: Rising Fintech LLP, Rising Innovative Engineers LLP, Mahayan Alternative Management LLP and 3 more | Cfo | 01 Aug 2023 | 3 Years 3 Months | Current |
| Ruchi Biren Shah | Company Secretary | 01 Sep 2023 | 3 Years 2 Months | Current |
| Rajeshri Ankur Patel Also directs: Rising Fintech LLP, Rising Quantlab Private Limited, Rising Sigma Private Limited and 1 more | Director | 19 Oct 2019 | 7 Years 0 Months | Current |
| Ashish Kanaiyalal Bhuta | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Showing 6 of 8 current directors and KMP. View all directors and KMP
Auditor
Rising Financials Limited is audited by PIYUSH J SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH J SHAH & CO. | FY 2023 | 121172W |
Shareholding
The shareholding of Rising Financials Limited 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 Rising Financials Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rising Financials Limited 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 Rising Financials Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rising Financials Limited has a workforce of 4 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 4 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Rising Financials Limited, buy the company report.
GST
Rising Financials has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA3665N1Z6 | Gujarat | Active | 02 Dec 2021 |
To see the full GST registrations and return filing status of Rising Financials Limited, buy the company report.
Recent activity
Rising Financials Limited has 18 board changes on record since 2019: 8 appointments and 10 cessations. The latest: Ruchi Biren Shah was appointed as Company Secretary on 01 Sep 2023.
AGM
Rising Financials Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rising Financials Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Ruchi Biren Shah was appointed as Company Secretary.
Ceased
Ashish Kanaiyalal Bhuta ceased to be Additional Director.
Ceased
Gaurang Rameshchandra Thakker ceased to be Additional Director.
Ceased
Hitesh Mohanlal Sapovadia ceased to be Additional Director.
Ceased
Shaileshbhai Govindbhai Vasnani ceased to be Additional Director.
Appointed
Ankur Thobhanbhai Patel was appointed as CFO.
Appointed
Ashish Kanaiyalal Bhuta was appointed as Director.
Ceased
Chetan Raydhanbhai Sabhar ceased to be Director.
Appointed
Gaurang Rameshchandra Thakker was appointed as Director.
Appointed
Hitesh Mohanlal Sapovadia was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Rising Financials is an active public limited company based in Gandhinagar, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 11 May 2016 (10+ years old) and is registered under CIN U74110GJ2016PLC091922.
Rising Financials has 8 current directors and KMP:
- Vishal Sabhar - Managing Director
- Hitesh Mohanlal Sapovadia - Director
- Rajeshri Ankur Patel - Director
- Ashish Kanaiyalal Bhuta - Director
- Gaurang Rameshchandra Thakker - Director
- Shaileshbhai Govindbhai Vasnani - Director
- Ankur Thobhanbhai Patel - Cfo
- Ruchi Biren Shah - Company Secretary
The latest financial statements of Rising Financials 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 FY 2017 are in the company report.
The GSTIN of Rising Financials is 24AAOCA3665N1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Rising Financials is U74110GJ2016PLC091922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rising Financials was incorporated on 11 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ruchi Biren Shah was appointed as Company Secretary on 01 Sep 2023. Ashish Kanaiyalal Bhuta ceased to be Additional Director on 25 Aug 2023. Gaurang Rameshchandra Thakker ceased to be Additional Director on 25 Aug 2023. Rising Financials has 18 board changes on record in total.
Yes, Rising Financials is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0183553).
The registered office of Rising Financials is at Unit No P03 – 02A 3rd Floor Tower A Wtc Gift City Block No 51 Road 5E Zone – 5, Gandhinagar, Gujarat, India – 382355.
Rising Financials operates in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages