Reliable Ventures India Limited

Operates a hotel and related businesses, offering various facilities for living, dining, and entertainment.

1992 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Reliable Ventures India Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.01 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.87 M
  • Satisfied Charges ₹ 3.92 Cr
  • Revenue Growth -65.17%
  • Profit Growth -153.25%
  • Ebitda -104.03%
  • Net Worth -1.81%
  • Total Assets -4.13%

About Reliable Ventures India

Reliable Ventures India Limited (RVIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 September 1992 and has a history of 32 years and five months. Its registered office is in Bhopal, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532124.

The Corporate was formerly known as Lakeland Hotels Private Limited. The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 11.01 Cr.

The company currently has active open charges totaling ₹0.87 M. The company has closed loans amounting to ₹3.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reliable Ventures India Limited India is Shiv Raghuwanshi as COMPANY SECRETARY. Panchena Gopinath, Panchena Kaladharan, Sanober Bano, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L22354MP1992PLC007295

  • Company No.

    007295

  • Stock Symbol

    BSE : 532124

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Travel and Hospitality

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

Executive Team (2)

Name Designation Appointment Date Status
Shiv Raghuwanshi Country flag representing In Company Secretary 16-Jun-1997 Current
Sikndar Khan Country flag representing In Managing Director 01-Sep-1992 Current

Board Members (4)

Name Designation Appointment Date Status
Panchena Gopinath Country flag representing In Additional Director 27-Oct-2020 Current
Panchena Kaladharan Country flag representing In Director 05-Oct-2024 Current
Sanober Bano Country flag representing In Director 30-Mar-2015 Current
Sivaramakrishna Ramakrishna Country flag representing In Additional Director 13-Nov-2021 Current

Financial Performance of Reliable Ventures India.

Reliable Ventures India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.17% decrease. The company also saw a substantial fall in profitability, with a 153.25% decrease in profit. The company's net worth dipped by a decrease of 1.81%.

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
-65.17%
Revenue from Operations
-65.95%
Total Assets
-4.13%
Profit or Loss
-153.25%
Net Worth
-1.81%
EBITDA
-104.03%

What is the Ownership and Shareholding Structure of Reliable Ventures India?

In 2023, Reliable Ventures India had a promoter holding of 52.94% and a public holding of 47.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.09 Cr

Satisfied Charges

₹3.92 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
21 Jun 2001 Bank Of Baroda ₹0.87 M Open
13 May 1999 Bank Of Baroda ₹2.36 Cr Satisfied
18 Sep 1997 Bank Of Baroda ₹1.56 Cr Satisfied

How Many Employees Work at Reliable Ventures India?

Reliable Ventures India has a workforce of 118 employees as of Mar 29, 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 Ventures 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 Ventures 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 Ventures India

Recent activity within the organization

  • Director Appointment

    Panchena Kaladharan was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 3 months 28 days .

    05 Oct 2024

  • Annual General Meeting

    Reliable Ventures India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Reliable Ventures India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Sivaramakrishna Guntupalli Ramakrishna was appointed as a Additional Director was appointed as a Additional Director on 13 Nov 2021 & has been associated with this company since 3 years 2 months .

    13 Nov 2021

  • Director Appointment

    Panchena Gopinath was appointed as a Additional Director was appointed as a Additional Director on 27 Oct 2020 & has been associated with this company since 4 years 3 months .

    27 Oct 2020

  • Director Appointment

    Sanober Bano was appointed as a Director was appointed as a Director on 30 Mar 2015 & has been associated with this company since 9 years 10 months .

    30 Mar 2015

Frequently asked questions

  • Reliable Ventures India Limited was incorporated on 01 Sep 1992.

  • The authorized share capital of Reliable Ventures India Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.01 Cr.

  • Currently 6 directors are associated with Reliable Ventures India Limited.

    • Panchena Gopinath
    • Panchena Kaladharan
    • Sanober Bano
    • Sivaramakrishna Guntupalli Ramakrishna
    • Shiv Singh Raghuwanshi
    • Sikndar Hafiz Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable Ventures India Limited is Reliable House A-6, Koh-E-Fiza India, Bhopal, Madhya Pradesh, 462001.

  • The corporate identification number (CIN) of Reliable Ventures India Limited is L22354MP1992PLC007295 and the company number is 007295 as per Ministry of Corporate Affairs (MCA).

  • Yes, Reliable Ventures India Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Reliable Ventures India Limited is https://www.noorussabalpalace.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reliable Ventures India Limited has fallen by -65.17%.

  • As Per 2023 financial reports, 118 employees are currently employed by Reliable Ventures India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliable Ventures India Limited has experienced an downturn of -1.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reliable Ventures India Limited amount to ₹ 0.87 M.

  • The most recent Balance Sheet for Reliable Ventures India Limited was filed with the ROC on 31 Mar 2024.

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