MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-09-0064219
Rivergrow Finance Limited
Rivergrow Finance Limited - financial services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹23.6 Cr
▲ 222% YoY
Net profit · FY 2023
₹13.39 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹27.07 Lakh
EBITDA margin 1.1%
Authorised capital
₹1.09 Cr
Registered with MCA
Paid-up capital
₹1.09 Cr
Issued & subscribed
Open charges
₹2.97 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
About Rivergrow Finance Limited
Data last updated:
Rivergrow Finance Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 04 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31909WB2000PLC091068. Its GSTIN is 36AAACL5733C1ZU (Telangana).
The company has an authorised share capital of ₹1.09 Cr and a paid-up capital of ₹1.09 Cr. It is led by directors including Laxmi Narayana Sunkara and Komal Agarwal.
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 18 R.N. Mukherjee Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.39 Lakh (net margin 0.6%) and EBITDA of ₹27.07 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years and 122% over five years.
As per MCA filings, the company has open charges of ₹2.97 Cr on record.
Rivergrow Finance Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0064219). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U31909WB2000PLC091068
Registration Number 091068
Incorporation Date 04 February 2000
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-09-0064219
Key People
Komal Agarwal Additional Director Laxmi Narayana Sunkara Director Naman Agarwal Additional Director Recognitions & Rankings of Rivergrow Finance
Contact details
Rivergrow Finance Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18 R.N. Mukherjee Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Rivergrow Finance Limited, buy the company report.
Comprehensive company report
Rivergrow Finance 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Rivergrow Finance is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rivergrow Finance Limited, buy the company report.
Financials of Rivergrow Finance Limited
FY 2024 filings availableRivergrow Finance Limited reported revenue of ₹23.6 Cr (up 222% YoY) for FY 2023.
Revenue · FY 2023
₹23.6 Cr ▲ 222%
Net profit · FY 2023
₹13.39 Lakh margin 0.6%
EBITDA · FY 2023
₹27.07 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 222%
3 years · compounded
▲ 161%
5 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 53%
5 years · compounded
▲ 38%
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years, including 222% growth in the latest year. EBITDA rose 11% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.39 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Rivergrow Finance Limited, buy the company report.
Board of directors of Rivergrow Finance Limited
Rivergrow Finance has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Komal Agarwal | Additional Director | 13 Sep 2020 | 6 Years 1 Months | Current |
| Laxmi Narayana Sunkara Also directs: Laxminarayan Trade and Investments Private Limited | Director | 31 May 2013 | 13 Years 5 Months | Current |
| Naman Agarwal Also directs: Anthox Global Private Limited | Additional Director | 05 May 2023 | 3 Years 6 Months | Current |
Auditor
Rivergrow Finance Limited is audited by JAJOO AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAJOO AND ASSOCIATES | FY 2023 | 054872 |
Shareholding
The shareholding of Rivergrow Finance 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 Rivergrow Finance Limited, buy the company report.
Charges & borrowings
Open charges
₹2.97 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2020 | 100378835 | Others | ₹2.97 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Rivergrow Finance 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 Rivergrow Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rivergrow Finance has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACL5733C1ZU | Telangana | Active | 02 Jan 2018 |
To see the full GST registrations and return filing status of Rivergrow Finance Limited, buy the company report.
Recent activity
Rivergrow Finance Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Kamal Mantri Kishore ceased to be Director on 05 May 2023.
AGM
Rivergrow Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rivergrow Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Ceased
Kamal Mantri Kishore ceased to be Director.
Appointed
Naman Agarwal was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 2.97 Cr with Charge ID 100378835 was registered on 01 Oct 2020.
Ceased
Gour Gobinda Panda ceased to be Director.
Appointed
Komal Agarwal was appointed as Additional Director.
Ceased
Bablu Shah ceased to be Director.
Ceased
Kanchan Jana ceased to be Director.
Appointed
Laxmi Narayana Sunkara was appointed as Director.
Ceased
Prabhat Dalmia ceased to be Director.
Incorporation
04 Feb 2000
Rivergrow Finance Limited was registered on 04 Feb 2000 with Roc Kolkata & aged 26 years 9 months as per MCA records.
Frequently asked questions
Rivergrow Finance is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 04 February 2000 (26+ years old) and is registered under CIN U31909WB2000PLC091068.
Rivergrow Finance has 3 current directors:
- Komal Agarwal - Additional Director
- Laxmi Narayana Sunkara - Director
- Naman Agarwal - Additional Director
The latest financial statements of Rivergrow Finance 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 Rivergrow Finance is 36AAACL5733C1ZU, registered in Telangana.
The CIN (Corporate Identification Number) of Rivergrow Finance is U31909WB2000PLC091068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rivergrow Finance was incorporated on 04 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Kolkata.
Kamal Mantri Kishore ceased to be Director on 05 May 2023. Naman Agarwal was appointed as Additional Director on 05 May 2023. Gour Gobinda Panda ceased to be Director on 13 Sep 2020. Rivergrow Finance has 8 board changes on record in total.
Yes, Rivergrow Finance is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0064219).
The registered office of Rivergrow Finance is at 18 R.N. Mukherjee Road, Kolkata, West Bengal, India – 700001.
Rivergrow Finance operates in the financial services industry, in the diversified financial services segment.
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