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Religare Finvest Limited Portfolio Latest Stocks and Shareholdings

Religare Finvest Limited (RFL) is a New Delhi-based Non-Banking Financial Company (NBFC) and a subsidiary of Religare Enterprises Limited. As per the latest corporate shareholdings filed, Religare Finvest Limited publicly holds 12 stocks with a net worth of over ₹20.2 Cr. Here, we cover the company profile, current holdings, sector allocation, and shareholding patterns based on publicly available disclosures.

Latest Religare Finvest Limited Stock Portfolio & Holdings (2026)

Religare Finvest Limited Portfolio Stock Screener

Religare Finvest Limited Portfolio Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Showing 1 - 11 of 11 results

last updated at 6:30 PM IST 
NameStocks (11)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.North Eastern Carrying Corporation LtdNECCLTDLogisticsLogistics120.20120.2011.5311.5311.7411.74-5.02-5.02-19.03-19.03-44.33-44.33-44.54-44.540.550.554.964.969.189.18--0.480.482.652.65
2.Garnet International LtdGARNETINTTextilesTextiles102.28102.2848.4948.4967.7367.73-4.92-4.92-18.08-18.08-59.34-59.34-57.28-57.282.712.714.634.633.783.78--0.080.083.573.57
3.IEC Education LtdIECEDUEducation ServicesEducation Services46.7146.7128.8828.88-173.00-173.00-5.00-5.00-17.23-17.23-16.99-16.9982.9082.901.551.55-0.89-0.89-0.90-0.90--0.060.064.164.16
4.Bang Overseas LtdBANGApparel & AccessoriesApparel & Accessories45.4745.4730.7030.70-20.95-20.95-5.91-5.91-27.93-27.93-40.80-40.80-35.77-35.770.520.52-2.46-2.46-2.45-2.45--0.300.302.992.99
5.Pankaj Polymers LtdPANKAJPOPackagingPackaging34.0934.0960.8060.80-243.54-243.54-0.98-0.981.331.33129.61129.61269.60269.603.123.12-1.27-1.270.580.58--0.170.174.594.59
6.Gini Silk Mills LtdGINISILKTextilesTextiles29.5929.5948.3348.3316.3516.35-12.11-12.11-17.01-17.01-33.48-33.48-42.63-42.630.600.603.723.725.075.07--0.090.094.414.41
7.Checkpoint Trends LtdCHECKPOINTCommodities TradingCommodities Trading28.4528.4544.7644.761,422.581,422.58-4.99-4.99-32.08-32.08-6.56-6.56245.37245.3750.8150.813.673.677.027.02--0.000.003.363.36
8.Orosil Smiths India LtdOROSMITHSPrecious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches17.8517.854.464.4628.7928.79-1.33-1.330.690.691.361.3616.4516.458.008.0032.2132.21-9.57-9.57--0.020.023.143.14
9.JMD Ventures LtdJMDVLRailRail17.2917.295.795.7913.1013.10-3.34-3.34-11.47-11.473.213.21-17.64-17.640.450.453.503.504.514.51--0.000.001.751.75
10.Solid Stone Co LtdSOLIDSTONBuilding Products - OthersBuilding Products - Others13.1613.1626.4026.4015.6715.670.610.61-4.97-4.97-25.63-25.63-17.50-17.500.590.593.813.8110.9810.98--0.860.864.164.16
11.Befound Movement LtdBEFOUNDMOLBusiness Support ServicesBusiness Support Services2.802.802.852.8570.0070.00-1.72-1.72-10.38-10.38-47.12-47.12-9.81-9.81-21.54-21.54---30.77-30.77----2.032.03

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: The table contains publicly disclosed Religare Finvest Limited portfolio as on 10th March 2026. Stocks are sorted by market capitalisation, highest to lowest.

Religare Finvest Limited's Bulk and Block Deals

Bulk and block deals improve market transparency and explain sharp changes in stock volumes. These disclosures help track where large investors deploy capital and which sectors attract or lose interest over time. Analysts often review such deals to understand portfolio shifts and changing market sentiment.


Here's how you can find the latest bulk and block deals by Religare Finvest Limited:

  1. Open Market Movers
  2. Under Party, type Religare Finvest Limited
  3. Select the relevant Category and Transaction Type

The results show Religare Finvest Limited's latest bulk and block deals. The platform also allows date filtering to review historical transactions and identify patterns over time.

Investor Profile – Religare Finvest Limited

Religare Finvest Limited (RFL) is a public limited company incorporated on 6 December 1995 in New Delhi, originally as Skylark Securities Private Limited. It was converted into a public limited company in 2004 and renamed Religare Finvest Limited in 2006. The company is a wholly owned subsidiary of Religare Enterprises Limited and is registered as a Non-Banking Financial Company (NBFC) under the Reserve Bank of India. RFL is one of India's established SME-focused NBFCs, offering a diversified suite of lending products including SME working capital loans, secured business expansion loans, and short-term trade finance. The company also ran a retail capital markets financing business offering loans against marketable securities.

  1. Name: Religare Finvest Limited
  2. Type: Public limited company (subsidiary of Religare Enterprises Limited)
  3. Incorporated: 6th December 1995 (originally as Skylark Securities Private Limited)
  4. Primary business: SME lending, working capital loans, business expansion loans, trade finance
  5. Estimated disclosed portfolio value (₹): ₹20.2 cr (based on latest disclosed shareholdings)
  6. No. of disclosed holdings: 12 stocks (latest quarter)
  7. Authorised share capital: ₹1,860 cr

At its peak, RFL operated over 30 branches across major Indian cities and grew its loan book to over ₹18,000 Cr. It holds ISO certification 9001:2008. Following a period of financial distress linked to fund siphoning by the erstwhile promoters of Religare Enterprises, RFL completed a one-time settlement (OTS) with 16 lenders in March 2023 and has since been working through a recovery and resolution process.


Overview of Top Stocks in Religare Finvest Limited Portfolio

North Eastern Carrying Corporation Ltd

North Eastern Carrying Corporation is a logistics and goods transport company operating primarily in the North Eastern region of India. It provides road and rail-linked freight services, serving industrial and commercial clients. The company is a micro-cap listed entity operating in a region with limited competition and distinct logistics requirements.

Garnet International Ltd

Garnet International is a small-cap company engaged in trading and distribution activities. It is listed on Indian exchanges and operates in the wholesale trade segment. The company has limited institutional coverage and a small public float.

Rubra Medicaments Ltd

Rubra Medicaments is engaged in the pharmaceutical and healthcare segment, focusing on the distribution and marketing of medicinal products. The company operates as a micro-cap listed entity with limited institutional coverage in the Indian pharma space.

Gini Silk Mills Ltd

Gini Silk Mills is a textile manufacturer focused on fabric and garment production. It operates in the organised textile segment and serves retail and institutional customers. The company is a micro-cap listed entity with operations primarily in the Indian domestic market.

Bang Overseas Ltd

Bang Overseas is a textile company engaged in the manufacturing and sale of woven and knitted fabrics and garments. It serves both domestic and export markets. The company operates in the organised mid-segment of India's textile value chain and has maintained a stable business over multiple years.

Religare Finvest Limited Portfolio Composition

The table below shows the publicly disclosed equity holdings associated with Religare Finvest Limited as of the December 2025 quarter. It includes the holding value, number of shares held, and the change in stake compared with the September 2025 quarter.

Stock Name Holding Value (In cr.) Shares Held Dec 2025 Change (%) Dec 2025 Holding (%) Sep 2025 Holding (%)
North Eastern Carrying Corporation Ltd 8.500 6036494 0.0 6.0 6.0
Garnet International Ltd 4.600 755144 0.0 3.9 3.9
Rubra Medicaments Ltd 1.600 322000 0.0 5.9 5.9
Gini Silk Mills Ltd 1.300 229833 0.0 4.1 4.1
Bang Overseas Ltd 1.000 280279 0.0 2.1 2.1
IEC Education Ltd 0.739 221750 0.0 1.5 1.5
JMD Ventures Ltd 0.481 834032 0.0 2.9 2.9
Mathew Easow Research Securities Ltd 0.411 320000 0.0 4.8 4.8
Orosil Smiths India Ltd 0.396 915000 0.0 2.2 2.2
Pankaj Polymers Ltd 0.346 60000 0.0 1.1 1.1
Solid Stone Co Ltd 0.336 121007 0.0 2.3 2.3
Regency Trust Ltd 0.136 466168 0.0 4.7 4.7

How to Invest in Religare Finvest Limited Portfolio Stocks?

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What is the Net Worth of Religare Finvest Limited?

As per the latest corporate shareholdings filed with Indian stock exchanges, Religare Finvest Limited holds a publicly disclosed equity portfolio valued at approximately ₹20.2 Cr. This reflects only positions in listed companies where its stake crosses the mandatory 1% public disclosure threshold.

Religare Finvest Limited's Investment Strategy

Long-Term Shareholding Positions

The shareholding history of Religare Finvest Limited shows that most holdings have remained at the same percentage stake across quarters for several years. This pattern is typical of frozen or legacy shareholding positions rather than an actively managed equity book.

Micro-Cap and Illiquid Holdings

The majority of Religare Finvest Limited's disclosed portfolio consists of micro-cap and small-cap companies with limited liquidity and minimal institutional coverage. This pattern can reflect a strategy of holding smaller companies for extended periods rather than actively trading them.

Passive Portfolio Management in Recent Years

Recent disclosures do not show new equity additions. The portfolio largely reflects investments made earlier and maintained without frequent changes. This suggests that the holdings may represent residual or legacy investments rather than an actively expanding equity portfolio.

Learnings From Religare Finvest Limited Portfolio

Media and Entertainment

JMD Ventures Ltd represents the portfolio's exposure to the media and entertainment space through its telefilm and content production operations. This position has been maintained at 2.9% across every available reporting quarter, consistent with the broader pattern of passive, unchanged holdings in the portfolio.

Legacy Portfolio, Not an Active Strategy

Religare Finvest Limited’s disclosed holdings mainly reflect legacy positions rather than an actively managed investment portfolio. The company’s primary business focuses on SME lending, and many of these equity stakes likely originated from collateral-based lending activities.

Stable Stakes May Reflect Low Liquidity

The portfolio shows very little change in stake sizes across several years. This stability may result from the low liquidity of many micro-cap stocks rather than strong investment conviction.

Broad Exposure Across Micro-Cap Segments

The portfolio includes companies across sectors such as logistics, textiles, trading, financial services, media, education, retail, industrials, natural resources, and technology. The wide sector spread with small positions suggests the holdings accumulated over time rather than through a structured sector strategy.

Impact of Financial Restructuring

Religare Finvest Limited completed a one-time settlement with lenders in March 2023 after financial stress linked to earlier governance issues. This context matters when reviewing its portfolio, as some holdings may relate to recovery or resolution processes rather than active investments.

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Religare Finvest Limited: Sector Allocation

Logistics and Transport

North Eastern Carrying Corporation Ltd represents the portfolio’s exposure to the logistics and freight transportation segment. The company operates in goods transport and logistics services, particularly in India’s North Eastern region. This holding has remained part of the disclosed portfolio across several quarters.

Textiles

The portfolio also includes exposure to textile manufacturing through Bang Overseas Ltd and Gini Silk Mills Ltd. Bang Overseas operates in woven fabrics and garments, while Gini Silk Mills focuses on fabric and garment production. Both companies belong to the organised textile manufacturing segment.

Trading and Wholesale

Garnet International Ltd and Orosil Smiths India Ltd represent the portfolio’s exposure to trading and wholesale distribution. Garnet International operates in the goods trading business, while Orosil Smiths is involved in industrial and consumer goods distribution.

Financial Services

Mathew Easow Research Securities Ltd and Regency Trust Ltd provide exposure to the financial services segment. Mathew Easow Research Securities operates in equity research and broking services, while Regency Trust functions as an investment holding company.

Conclusion

Religare Finvest Limited's publicly disclosed equity portfolio represents a set of legacy micro-cap and small-cap holdings across logistics, textiles, trading, financial services, media, education, and industrials. The portfolio has been largely static over multiple years, reflecting the company's current focus on its recovery and lending operations rather than active equity portfolio management.

That said, investors should avoid copying or blindly following any entity's portfolio, regardless of past history. Investment goals, risk appetite, and time horizons differ for every individual.

For independent stock analysis, investors can use the Tickertape Stock Screener, which provides 200+ filters to evaluate companies across fundamentals, valuations, and financial strength. Investors can also monitor major stock activity and prominent investor movements through Tickertape Market Movers.

Frequently Asked Questions About the Religare Finvest Limited Portfolio

  1. What does the Religare Finvest Limited portfolio include?

    As per the latest corporate shareholdings filed, Religare Finvest Limited publicly holds 14 stocks with a net worth of over ₹20.2 cr. The portfolio spans sectors including logistics, textiles, trading, financial services, media, education, retail, industrials, natural resources, and technology. Most holdings are micro-cap and small-cap listed companies.

  2. What stocks does Religare Finvest Limited hold?

    As per the latest disclosed shareholding data, the top stock on Religare Finvest Limited portfolio as per value are:
    1. North Eastern Carrying Corporation Ltd
    2. Garnet International Ltd
    3. Rubra Medicaments Ltd
    4. Gini Silk Mills Ltd
    5. Bang Overseas Ltd

    Disclaimer: This information is for educational purposes only and should not be considered investment advice.

  3. Where can I check the Religare Finvest Limited latest portfolio?

    You can track the Religare Finvest Limited latest portfolio through quarterly shareholding data published by Indian stock exchanges and market-tracking platforms. Investors can also track portfolio changes, bulk and block deals, and other major stock activity using tools like Tickertape Market Movers.

  4. What is the net worth of Religare Finvest Limited?

    As per the latest corporate shareholdings filed with Indian stock exchanges, Religare Finvest Limited's publicly disclosed equity portfolio is valued at approximately ₹20.2 Cr. This covers only disclosed listed equity positions above the 1% threshold and does not represent the company's total net worth as an NBFC.

    Disclaimer: This information is based on publicly available information.

  5. What is Religare Finvest Limited?

    Religare Finvest Limited (RFL) is a public limited Non-Banking Financial Company (NBFC) incorporated in New Delhi in 1995. It is a wholly owned subsidiary of Religare Enterprises Limited and is focused on lending to small and medium enterprises (SMEs). Its services include working capital loans, secured business expansion loans, and short-term trade finance.

  6. What sector stocks does Religare Finvest Limited hold?

    Religare Finvest Limited's disclosed equity portfolio consists almost entirely of micro-cap and small-cap companies with limited liquidity and institutional coverage. These include companies in logistics, textiles, trading, financial services, media, education, retail accessories, plastics, natural stone, and digital services. The portfolio is considered a legacy holding rather than an active investment book.

  7. Has Religare Finvest Limited exited any stocks recently?

    Yes. Thomas Scott India Ltd (textiles) dropped below the 1% public disclosure threshold in recent quarters after being held at 1.0–1.2% since December 2023. The Mahan Industries stake was also reduced from 4.6% to 3.7% in recent quarters. Aside from these changes, the rest of the portfolio has remained effectively unchanged for an extended period.

  8. What is religare enterprises share price?

    As of 10th March 2026, the Religare Enterprises share price is ₹221.42. The share prices change throughout the trading day based on market demand, supply, and overall market conditions.

  9. What is Religare Broking Limited?

    Religare Broking Limited is a stock brokerage firm that operates as part of the Religare Group and functions as a wholly owned subsidiary of Religare Enterprises Limited. The company provides services such as equity trading, derivatives trading, commodity and currency trading, and depository participant services.