Reliance Ventures Limited

NBFC involved in investment and lending activities, part of a larger conglomerate.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Reliance Ventures Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.69 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 10.04 Cr
  • Revenue Growth -46.11%
  • Profit Growth -60.25%
  • Ebitda -55.18%
  • Net Worth 1.78%
  • Total Assets 1.67%

About Reliance Ventures

Reliance Ventures Limited (RVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 July 1999 and has a history of 25 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Reliance Fertilisers Private Limited. The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 2.69 Cr.

The company has closed loans amounting to ₹10.04 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reliance Ventures Limited India are Nirmal Raghavan as CFO and Jigisha Bhanushali as Company Secretary. Srikanth Venkatachari, Sethuraman Kandasamy, Mumtaz Bandukwala, and Three other members 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

    U24120MH1999PLC121009

  • Company No.

    121009

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1999

  • Date of AGM

    01 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (2)

NameDesignationAppointment DateStatus
Nirmal Raghavan CFO23-Mar-2023Current
Jigisha Bhanushali Company SecretaryCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Srikanth Venkatachari Country flag representing In Director 05-Apr-2013Current
Sethuraman Kandasamy Country flag representing In Director 21-Nov-2005Current
Mumtaz Bandukwala Country flag representing In Director 30-Mar-2023Current
Jagannatha Gollapalli Country flag representing In Director 13-Jul-2016Current
Jayashri Rajesh Country flag representing In Director 30-Jun-2017Current
Riddhi Bhimani Country flag representing In Director 30-Mar-2023Current

Financial Performance of Reliance Ventures.

Reliance Ventures Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 46.11% decrease. The company also saw a substantial fall in profitability, with a 60.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.78%.

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
-46.11%
Revenue from Operations
-51.41%
Total Assets
1.67%
Profit or Loss
-60.25%
Net Worth
1.78%
EBITDA
-55.18%

What is the Ownership and Shareholding Structure of Reliance Ventures?

In 2022, Reliance Ventures had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

Satisfied Charges

₹10.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.04 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2019Others₹10.04 CrSatisfied

How Many Employees Work at Reliance Ventures?

Unlock and access historical data on people associated with Reliance Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reliance Ventures, 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 Ventures'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 Ventures

Recent activity within the organization

  • Annual General Meeting

    Reliance Ventures Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records.

    01 Sep 2023

  • Balance Sheet

    Reliance Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Mumtaz Bandukwala was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 10 months .

    30 Mar 2023

  • Director Appointment

    Riddhi Nimesh Bhimani was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 10 months .

    30 Mar 2023

  • Charges

    A charge registered on 03 Dec 2019 via Charge ID 100310683 with Others was fully satisfied on 18 Mar 2020.

    18 Mar 2020

  • Charges

    A charge with Others amounted to Rs. 10.04 Cr with Charge ID 100310683 was registered on 03 Dec 2019.

    03 Dec 2019

Frequently asked questions

  • Reliance Ventures Limited was incorporated on 27 Jul 1999.

  • The authorized share capital of Reliance Ventures Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.69 Cr.

  • Currently 8 directors are associated with Reliance Ventures Limited.

    • Srikanth Venkatachari
    • Sethuraman Kandasamy
    • Mumtaz Bandukwala
    • Jagannatha Kumar Venkata Gollapalli
    • Jayashri Rajesh
    • Riddhi Nimesh Bhimani
    • Nirmal Raghavan
    • Jigisha Jethalal Bhanushali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Ventures Limited is 9Th Floor Maker Chambers Iv, 222 Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Reliance Ventures Limited is U24120MH1999PLC121009 and the company number is 121009 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reliance Ventures Limited has fallen by -46.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliance Ventures Limited has experienced an upsurge of 1.78%.

  • The most recent Balance Sheet for Reliance Ventures Limited was filed with the ROC on 31 Mar 2023.

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