Reliance Velocity Limited

Design, build, and manage transport systems and infrastructure facilities for rail, airports, roads, and more.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: December 08, 2024

Reliance Velocity Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 11 Months
  • 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 (Six years and 11 months 15 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
  • 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 Country flag representing In CEO 06-Apr-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Paresh Rathod Country flag representing In Director 08-Nov-2019 Current
Punit Garg Country flag representing In Whole-Time Director and Ceo 06-Apr-2022 Current
Srilatha Gopal Country flag representing In 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%.

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
Revenue from Operations
Total Assets
4617.24%
Profit or Loss
-23712.61%
Net Worth
-1710.06%
EBITDA
4.59%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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.

    06 May 2024

  • Charges

    A charge with Others amounted to Rs. 400.00 M with Charge ID 100917862 was registered on 20 Apr 2024.

    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.

    05 Apr 2024

  • Balance Sheet

    Reliance Velocity Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 750.00 M with Charge ID 100907443 was registered on 30 Mar 2024.

    30 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Reliance Velocity Limited was incorporated on 17 Feb 2018.

  • The authorized share capital of Reliance Velocity Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Reliance Velocity Limited.

    • Paresh Purushottamlal Rathod
    • Punit Narendra Garg
    • Srilatha Thiru Gopal
    • Punit Narendra Garg
  • 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.

  • The corporate identification number (CIN) of Reliance Velocity Limited is U45101MH2018PLC305170 and the company number is 305170 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliance Velocity Limited is https://www.relianceada.com

  • As Per 2022 financial reports, 1 employees are currently employed by Reliance Velocity Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Reliance Velocity Limited has experienced an downturn of -1710.06%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Reliance Velocity Limited amount to ₹ 1,040.00 Cr.

  • The most recent Balance Sheet for Reliance Velocity Limited was filed with the ROC on 31 Mar 2024.

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