Reliable Automotive Private Limited

Founded in 1997 and headquartered in Maharashtra, India.

1997 | Thane, Maharashtra (India) | Active
Last Updated: January 14, 2025

Reliable Automotive Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 27 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 175.92 Cr
  • Satisfied Charges ₹ 23.23 Cr
  • Revenue Growth -1.83%
  • Profit Growth -37.23%
  • Ebitda -46.32%
  • Net Worth 15.11%
  • Total Assets 4.31%

About Reliable Automotive

Reliable Automotive Private Limited (RAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 April 1997 and has a history of 27 years and nine months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Ailsinghani Motors Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹175.92 Cr. The company has closed loans amounting to ₹23.23 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1997PTC107201

  • Company No.

    107201

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Reliable Automotive?

Board Members (4)

Name Designation Appointment Date Status
Tejpalsingh Ailsinghani Country flag representing In Director 15-Jun-2008 Current
Bhagatsingh Ailsinghani Country flag representing In Director 20-Feb-2015 Current
Sony Ailsinghani Country flag representing In Director 20-Feb-2015 Current
Asha Ailsinghani Country flag representing In Director 10-Dec-2007 Current

Financial Performance of Reliable Automotive.

Reliable Automotive Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.83% decrease. The company also saw a substantial fall in profitability, with a 37.23% decrease in profit. The company's net worth Soared by an impressive increase of 15.11%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-1.83%
Revenue from Operations
-1.94%
Total Assets
4.31%
Profit or Loss
-37.23%
Net Worth
15.11%
EBITDA
-46.32%

What is the Ownership and Shareholding Structure of Reliable Automotive?

In 2023, Reliable Automotive 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 Indicator graph

Charges (Loans)

Open Charges

₹175.92 Cr

Satisfied Charges

₹23.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 96.92 Cr
  • Hdfc Bank Limited : 49.50 Cr
  • State Bank Of India : 19.50 Cr
  • Standard Chartered Bank : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2023 Others ₹1.92 Cr Open
25 Sep 2023 Others ₹10.00 Cr Open
11 Feb 2022 Others ₹20.00 Cr Open
17 Dec 2021 Others ₹10.00 Cr Open
24 Mar 2021 Standard Chartered Bank ₹10.00 Cr Open

How Many Employees Work at Reliable Automotive?

Reliable Automotive has a workforce of 509 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reliable Automotive, 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 Reliable Automotive's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Reliable Automotive

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.92 Cr with Charge ID 100805248 was registered on 16 Oct 2023.

    16 Oct 2023

  • Annual General Meeting

    Reliable Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 05 Feb 2010 with Charge ID 10202773 was modified on 28 Sep 2023.

    28 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100797474 was registered on 25 Sep 2023.

    25 Sep 2023

  • Balance Sheet

    Reliable Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 19.50 Cr registered on 24 Jan 2013 with Charge ID 10406173 was modified on 23 Feb 2023.

    23 Feb 2023

Frequently asked questions

  • Reliable Automotive Private Limited was incorporated on 10 Apr 1997.

  • The authorized share capital of Reliable Automotive Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 4 directors are associated with Reliable Automotive Private Limited.

    • Tejpalsingh Bhagatsingh Ailsinghani
    • Bhagatsingh Ajitsingh Ailsinghani
    • Sony Tejpal Ailsinghani
    • Asha Bhagatsingh Ailsinghani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable Automotive Private Limited is Plot No.29 Sector 1 Shirwane Gaon Nerul, India, Navi Mumbai, Maharashtra, 400706.

  • The corporate identification number (CIN) of Reliable Automotive Private Limited is U51900MH1997PTC107201 and the company number is 107201 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reliable Automotive Private Limited has fallen by -1.83%.

  • As Per 2023 financial reports, 509 employees are currently employed by Reliable Automotive Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliable Automotive Private Limited has experienced an upsurge of 15.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reliable Automotive Private Limited amount to ₹ 175.92 Cr.

  • The most recent Balance Sheet for Reliable Automotive Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Auto Dealership & Trading