Reliance Ventures Limited
NBFC involved in investment and lending activities, part of a larger conglomerate.
1999 | Mumbai, Maharashtra (India) | Active
Reliance Ventures Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.69 Cr
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- 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 nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Reliance Ventures 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 2024. 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 currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹10.04 Cr, 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 Two 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
05 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Reliance Ventures Limited
Explore comprehensive data for Reliance Ventures Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Reliance Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nirmal Raghavan | CFO | 14-Apr-2023 | Current |
| Jigisha Bhanushali | Company Secretary | 26-Oct-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srikanth Venkatachari  | Director | 05-Apr-2013 | Current |
| Sethuraman Kandasamy | Director | 21-Nov-2005 | Current |
| Mumtaz Bandukwala | Director | 30-Mar-2023 | Current |
| Jagannatha Gollapalli | Director | 13-Jul-2016 | Current |
| Riddhi Bhimani | Director | 30-Mar-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Reliance Industrial Infrastructure LimitedRiddhi Bhimani is a mutual person
Reliance Industrial Investments And Holdings LimitedSethuraman Kandasamy is a mutual person
- Reliance Strategic Business Ventures Limited
Mumtaz Bandukwala is a mutual person
Tesseract Imaging LimitedRiddhi Bhimani is a mutual person
Alok Industries LimitedMumtaz Bandukwala is a mutual person
Lotus Chocolate Company Ltd.Riddhi Bhimani is a mutual person
Charges (Loans)
Open Charges
₹1.00 Cr
Satisfied Charges
₹10.04 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2024 | Hdfc Bank Limited | ₹1.00 Cr | Open |
| 03 Dec 2019 | Others | ₹10.04 Cr | Satisfied |
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.
Deals i
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
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 Ventures
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101028252 was registered on 16 Dec 2024.
- Annual General Meeting
Reliance Ventures Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.
- Balance Sheet
Reliance Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Jigisha Jethalal Bhanushali was appointed as a Company Secretary was appointed as a Company Secretary on 26 Oct 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Nirmal Raghavan was appointed as a Cfo was appointed as a Cfo on 14 Apr 2023 & has been associated with this company since 2 years 22 days .
- 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 2 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Reliance Ventures Limited?
Reliance Ventures Limited was incorporated on 27 Jul 1999.
What is authorized share capital and paid-up capital of Reliance Ventures Limited?
The authorized share capital of Reliance Ventures Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.69 Cr.
Who are the current board members & directors of Reliance Ventures Limited?
Currently 7 directors are associated with Reliance Ventures Limited.
- Srikanth Venkatachari
- Sethuraman Kandasamy
- Mumtaz Bandukwala
- Jagannatha Kumar Venkata Gollapalli
- Riddhi Nimesh Bhimani
- Nirmal Raghavan
- Jigisha Jethalal Bhanushali
What is the registered address of Reliance Ventures Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Ventures Limited is 9Th Floor Maker Chambers Iv 222 Nariman Point, India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Reliance Ventures Limited?
The corporate identification number (CIN) of Reliance Ventures Limited is U24120MH1999PLC121009 and the company number is 121009 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Reliance Ventures Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Reliance Ventures Limited has fallen by -46.11%.
What change has been observed in the net worth of Reliance Ventures Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Reliance Ventures Limited has experienced an upsurge of 1.78%.
What are the total open charges for Reliance Ventures Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Reliance Ventures Limited amount to ₹ 1.00 Cr.
When was the last Balance Sheet of Reliance Ventures Limited filed with the ROC?
The most recent Balance Sheet for Reliance Ventures Limited was filed with the ROC on 31 Mar 2024.
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