Reliable Electric Company (India) Private Limited

Manufactures transformers, including oil-cooled and air-cooled types, for clients such as Airtel and Vodafone.

2008 | Pune, Maharashtra (India) | Active
Last Updated: December 27, 2024

Reliable Electric Company (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.29 Cr
  • Satisfied Charges ₹ 3.85 Cr
  • Revenue Growth 37.25%
  • Profit Growth 2.80%
  • Ebitda 43.73%
  • Net Worth 1.45%
  • Total Assets 7.69%

About Reliable Electric Company (India)

Reliable Electric Company (India) Private Limited (RECIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 May 2008 and has a history of 16 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹3.29 Cr. The company has closed loans amounting to ₹3.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vaishali Ghodake and Mahesh Ghodake serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    relco.net.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40108PN2008PTC132068

  • Company No.

    132068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2008

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power

Who are the key members and board of directors at Reliable Electric Company (India)?

Board Members (2)

Name Designation Appointment Date Status
Vaishali Ghodake Country flag representing In Director 22-May-2008 Current
Mahesh Ghodake Country flag representing In Director 22-May-2008 Current

Financial Performance of Reliable Electric Company (India).

Reliable Electric Company (India) Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 37.25% increase. The company also saw a slight improvement in profitability, with a 2.8% increase in profit. The company's net worth moved up by a moderate rise of 1.45%.

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
37.25%
Revenue from Operations
45.78%
Total Assets
7.69%
Profit or Loss
2.80%
Net Worth
1.45%
EBITDA
43.73%

What is the Ownership and Shareholding Structure of Reliable Electric Company (India)?

In 2020, Reliable Electric Company (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.90 M

Satisfied Charges

₹38.50 M

Charges Breakdown by Lending Institutions

  • Others : 3.10 Cr
  • The Cosmos Co-Operative Bank Limited (Laxmi Road Branch) : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2020 Others ₹3.00 M Open
02 Dec 2019 Others ₹2.50 M Open
11 Sep 2017 Others ₹2.50 M Open
07 Sep 2017 Others ₹0.52 M Open
24 Oct 2013 The Cosmos Co-Operative Bank Limited (Laxmi Road Branch) ₹1.88 M Open

How Many Employees Work at Reliable Electric Company (India)?

Reliable Electric Company (India) has a workforce of 6 employees as of Apr 08, 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 Electric Company (India), 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 Electric Company (India)'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 Electric Company (India)

Recent activity within the organization

  • Annual General Meeting

    Reliable Electric Company (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Reliable Electric Company (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100379893 was registered on 28 Sep 2020.

    28 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100311499 was registered on 02 Dec 2019.

    02 Dec 2019

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100126498 was registered on 11 Sep 2017.

    11 Sep 2017

  • Charges

    A charge with Others amounted to Rs. 0.52 M with Charge ID 100129141 was registered on 07 Sep 2017.

    07 Sep 2017

Frequently asked questions

  • Reliable Electric Company (India) Private Limited was incorporated on 22 May 2008.

  • The authorized share capital of Reliable Electric Company (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Reliable Electric Company (India) Private Limited.

    • Vaishali Mahesh Ghodake
    • Mahesh Sharad Ghodake
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable Electric Company (India) Private Limited is 111213 K. Market S.No. 19A/3B D Wing 5Th Floor Dhankawadi, India, Pune, Maharashtra, 411043.

  • The corporate identification number (CIN) of Reliable Electric Company (India) Private Limited is U40108PN2008PTC132068 and the company number is 132068 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliable Electric Company (India) Private Limited is https://www.relco.net.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Reliable Electric Company (India) Private Limited has risen by 37.25%.

  • As Per 2020 financial reports, 6 employees are currently employed by Reliable Electric Company (India) Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Reliable Electric Company (India) Private Limited has experienced an upsurge of 1.45%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Reliable Electric Company (India) Private Limited amount to ₹ 3.29 Cr.

  • The most recent Balance Sheet for Reliable Electric Company (India) Private Limited was filed with the ROC on 31 Mar 2021.