Reliance Velocity Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 16 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,040.00 Cr
- Revenue Growth %
- Profit Growth -23712.61%
- Ebitda 4.59%
- Net Worth -1710.06%
- Total Assets 4617.24%
About Reliance Velocity
Reliance Velocity Limited (RVL) is a Public Limited Indian Non-Government Company incorporated in India on 17 February 2018 (Seven years 16 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure And Utilities 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1,040.00 Cr.
The Key Managerial Personnel (KMP) at Reliance Velocity Limited India is Punit Garg as CEO. Paresh Rathod, Punit Garg, and Srilatha Gopal serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U45101MH2018PLC305170
- Company No.
305170
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Feb 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Reliance Velocity?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Punit Garg  | CEO | 06-Apr-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Paresh Rathod | Director | 08-Nov-2019 | Current |
| Punit Garg | Whole-Time Director and Ceo | 06-Apr-2022 | Current |
| Srilatha Gopal | Director | 18-May-2021 | Current |
Financial Performance of Reliance Velocity.
Reliance Velocity Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 23712.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1710.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Reliance Velocity?
In 2020, Reliance Velocity had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Reliance Energy Trading LimitedSrilatha Gopal is a mutual person
Mumbai Metro One Private Limited.Paresh Rathod and Srilatha Gopal are mutual person
Reliance Infrastructure LimitedPunit Garg and Punit Garg are mutual person
Reliance Power LimitedPunit Garg is a mutual person
Bses Yamuna Power LimitedPunit Garg is a mutual person
- Bses Rajdhani Power Limited
Punit Garg is a mutual person
Charges (Loans)
Open Charges
₹10,400.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1040.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2024 | Others | ₹40.00 Cr | Open |
| 05 Apr 2024 | Others | ₹400.00 Cr | Open |
| 30 Mar 2024 | Others | ₹75.00 Cr | Open |
| 28 Mar 2024 | Others | ₹300.00 Cr | Open |
| 28 Mar 2024 | Others | ₹125.00 Cr | Open |
How Many Employees Work at Reliance Velocity?
Reliance Velocity has a workforce of 1 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Reliance Velocity, 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 Reliance Velocity's trajectory.
Rating
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
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 Reliance Velocity
Recent activity within the organization
- Annual General Meeting
Reliance Velocity Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 1,250.00 M registered on 28 Mar 2024 with Charge ID 100906424 was modified on 06 May 2024.
- Charges
A charge with Others amounted to Rs. 400.00 M with Charge ID 100917862 was registered on 20 Apr 2024.
- Charges
A charge with Others amounted to Rs. 4,000.00 M with Charge ID 100910689 was registered on 05 Apr 2024.
- Balance Sheet
Reliance Velocity Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 750.00 M with Charge ID 100907443 was registered on 30 Mar 2024.
Recent News, Updates & Announcement
- Anshu Jain-backed InCred in race to buy Reliance wealth.
Part of Anil Ambani group's plan to prune non-core assets after IL&FS crisis.
- NCLAT reserves order on contempt plea against Anil Ambani.
Reliance Infratel, against which also the contempt petition has been filed, is part of RCom..
- Reliance Group has serviced Rs 35,000 crore debt obligations in past 14 months: Anil Ambani.
Anil Ambani said despite no support from the system, his group managed to lessen the debt..
Frequently asked questions
What is the Incorporation or founding date of Reliance Velocity Limited?
Reliance Velocity Limited was incorporated on 17 Feb 2018.
What is authorized share capital and paid-up capital of Reliance Velocity Limited?
The authorized share capital of Reliance Velocity Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Reliance Velocity Limited?
Currently 4 directors are associated with Reliance Velocity Limited.
- Paresh Purushottamlal Rathod
- Punit Narendra Garg
- Srilatha Thiru Gopal
- Punit Narendra Garg
What is the registered address of Reliance Velocity Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Velocity Limited is 502 Plot No.91/94 Prabhat Colony Santacruz (East) India, Mumbai, Maharashtra, 400055.
What is the corporate identification number (CIN) and company number of Reliance Velocity Limited?
The corporate identification number (CIN) of Reliance Velocity Limited is U45101MH2018PLC305170 and the company number is 305170 as per Ministry of Corporate Affairs (MCA).
What is the official website of Reliance Velocity Limited?
The Official website of Reliance Velocity Limited is https://www.relianceada.com
How many employees does Reliance Velocity Limited currently have?
As Per 2022 financial reports, 1 employees are currently employed by Reliance Velocity Limited.
What change has been observed in the net worth of Reliance Velocity Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Reliance Velocity Limited has experienced an downturn of -1710.06%.
What are the total open charges for Reliance Velocity Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Reliance Velocity Limited amount to ₹ 1,040.00 Cr.
When was the last Balance Sheet of Reliance Velocity Limited filed with the ROC?
The most recent Balance Sheet for Reliance Velocity Limited was filed with the ROC on 31 Mar 2024.
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