Religare Enterprises Ltd

Religare Enterprises Ltd

Religare Enterprises Ltd

Religare Enterprises Ltd

Religare Enterprises Ltd was founded in the year 1982, the company’s first name Religare Securities Ltd (RSL). The company was listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In 2000, it was a member of the NSE Futures and Options Segment and registered as a depository participant with National Securities Depository Limited (NSDL).

The services that the company going to provide you is SME Finance, Affordable Housing Finance, Retails Broking, and Health Insurance. Religare is a group that covers a variety of market segments, from retail to affluent, small and medium-sized businesses. Over 1.1 mn of service of subsidiaries. Customers from more than 1,275 places in more than 400 cities.

The company Subsidiaries are

  • SME Finance – Religare Finvest Limited (RFL)
  • Retail Broking – Religare Broking Ltd (RBL)
  • Health Insurance – Religare Health Insurance Company Limited (RHICL)

History

The group company Religare Finvest started like a private non-banking financial institution in 2001. RSL registered by the Securities and Exchange Board of India (SEBI) in 2002 as a ‘ Portfolio Manager. ‘ RSL registered as a depository participant in 2003 with Central Depository Services Limited (CDSL).

In the same year as a ‘ trading cum clearing member, ‘ the Religare Commodities S.L. was listed both on the Multi Commodity Exchange (MCX) and on the National Commodity and Derivatives Exchange (NCDEX). In the year 2006, they established an office in London. RSL registered by SEBI as a class-I merchant banker. The company released its IPO in November 2007. In 2011, the company released NCDs worth Rs 800 crore successfully. 

Avigo Capital invested in RFL in December 2011 and In January 2012, Jacob Ballas invested in this company. In addition, many companies invested in this company. 

For the quarter ended 30-06-2019, the company reported consolidated sales of Rs 244.41 crore, up 18.91%, last quarter sales of Rs 205.54 crore, and -30.35% down on same quarter sales of last year – Rs 350.94 From crores. The company has reported a net profit after tax of Rs-146.97 Crore in the latest quarter.

As of 18-10-2019, Religare Enterprises Ltd has a total of 258,128,152 shares outstanding.

Board of Directors

Chairman Rashmi Saluja
Company Secretary Reena Jayara
Vice-Chairman Siddharth Dinesh Mehta
Independent Non-Executive Director Vijayalakshmi Rajaram Iyer
Sabina Vaisoha
Sushil Chandra Tripathi
Malay Kumar Sinha

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