Reliable First Adcon Private Limited

Provides HR outsourcing solutions to various industries including BPO, KPO, hospitality, retail, and more.

2015 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 17, 2025

Reliable First Adcon Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.70 Cr
  • Revenue Growth -24.63%
  • Profit Growth -51.43%
  • Ebitda -1.46%
  • Net Worth 14.86%
  • Total Assets -3.16%

About Reliable First Adcon

Reliable First Adcon Private Limited (RFAPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 October 2015 (Nine years and four months 13 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Business Outsourcing 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.70 Cr.

Abhilash Agarwal and Hari Agarwal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    reliablefirst.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ2015PTC084670

  • Company No.

    084670

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

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

Board Members (2)

Name Designation Appointment Date Status
Hari Agarwal Country flag representing In Director 05-Oct-2015 Current
Abhilash Agarwal Country flag representing In Director 05-Oct-2015 Current

Financial Performance of Reliable First Adcon.

Reliable First Adcon Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.63% decrease. The company also saw a substantial fall in profitability, with a 51.43% decrease in profit. The company's net worth Soared by an impressive increase of 14.86%.

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
-24.63%
Revenue from Operations
-24.73%
Total Assets
-3.16%
Profit or Loss
-51.43%
Net Worth
14.86%
EBITDA
-1.46%

What is the Ownership and Shareholding Structure of Reliable First Adcon?

In 2023, Reliable First Adcon 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

₹26.99 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.70 Cr

Latest Charge Details

Date Lender Amount Status
19 Jan 2022 Others ₹1.10 Cr Open
19 Jan 2022 Others ₹1.10 Cr Open
07 Mar 2017 Others ₹5.00 M Open

How Many Employees Work at Reliable First Adcon?

Reliable First Adcon has a workforce of 3595 employees as of Apr 10, 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 First Adcon, 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 First Adcon'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 First Adcon

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Reliable First Adcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 100534361 was registered on 19 Jan 2022.

    19 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 11.00 M with Charge ID 100534612 was registered on 19 Jan 2022.

    19 Jan 2022

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100088915 was registered on 07 Mar 2017.

    07 Mar 2017

  • Director Appointment

    Abhilash Agarwal was appointed as a Director was appointed as a Director on 05 Oct 2015 & has been associated with this company since 9 years 4 months .

    05 Oct 2015

Frequently asked questions

  • Reliable First Adcon Private Limited was incorporated on 05 Oct 2015.

  • The authorized share capital of Reliable First Adcon Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Reliable First Adcon Private Limited.

    • Abhilash Agarwal
    • Hari Om Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable First Adcon Private Limited is 421/422 Fourth Floor Devnandan Mall Opp: Sanyas Ashram, Nr. M.J. Library India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Reliable First Adcon Private Limited is U74140GJ2015PTC084670 and the company number is 084670 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliable First Adcon Private Limited is https://www.reliablefirst.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reliable First Adcon Private Limited has fallen by -24.63%.

  • As Per 2023 financial reports, 3595 employees are currently employed by Reliable First Adcon Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliable First Adcon Private Limited has experienced an upsurge of 14.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reliable First Adcon Private Limited amount to ₹ 2.70 Cr.

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