Reliant Credits (India) Limited

Provides financial services such as loans, investments, and microfinance.

1989 | Ernakulam, Kerala (India) | Active
Last Updated:

Reliant Credits (India) Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 58.89 Cr
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 65.47 Cr
  • Satisfied Charges ₹ 18.80 Cr
  • Revenue Growth 270.22%
  • Profit Growth 28.78%
  • Ebitda 329.59%
  • Net Worth 89.81%
  • Total Assets 128.58%

About Reliant Credits (India)

Reliant Credits (India) Limited (RCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1989 and has a history of 35 years and three months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Reliant Hire Purchase Company 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 80.00 Cr and a paid-up capital of Rs 58.89 Cr.

The company currently has active open charges totaling ₹65.47 Cr. The company has closed loans amounting to ₹18.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reliant Credits (India) Limited India are Jaimon Iype as Ceo, Tojo Jose as Cfo, and Abhijith Jayan as Company Secretary. Munshi Ahmed, Josekutty Xavier, Paul Joseph, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921KL1989PLC005568

  • Company No.

    005568

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1989

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Reliant Credits (India)?

Executive Team (4)

NameDesignationAppointment DateStatus
Jaimon Iype Country flag representing In CEOCurrent
Josekutty Xavier Country flag representing In Managing Director29-Apr-2013Current
Tojo Jose CFOCurrent
Abhijith Jayan Country flag representing In Company SecretaryCurrent

Board Members (6)

NameDesignationAppointment DateStatus
Sathyapalan Sivaraman Country flag representing In Director 01-Feb-2021Current
Munshi Ahmed Country flag representing In Additional Director 04-Apr-2024Current
Paul Joseph Country flag representing In Additional Director Current
James Joseph Country flag representing In Whole-Time Director 29-Apr-2013Current
Unni Kappen Country flag representing In Director 29-Apr-2013Current
Antony Thekeunnel Country flag representing In Director 01-Feb-2021Current

Financial Performance of Reliant Credits (India).

Reliant Credits (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 270.22% increase. The company also saw a substantial improvement in profitability, with a 28.78% increase in profit. The company's net worth Soared by an impressive increase of 89.81%.

Reliant Credits (India) revenue growth over time
Reliant Credits (India) 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
270.22%
Revenue from Operations
266.23%
Total Assets
128.58%
Profit or Loss
28.78%
Net Worth
89.81%
EBITDA
329.59%

What is the Ownership and Shareholding Structure of Reliant Credits (India)?

In 2023, Reliant Credits (India) had a promoter holding of 24.45% and a public holding of 75.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹65.47 Cr

Satisfied Charges

₹18.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 65.47 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2024Others₹10.00 CrOpen
29 Dec 2023Others₹2.00 CrOpen
07 Oct 2023Others₹7.50 CrOpen
10 Apr 2023Others₹6.50 CrOpen
20 Mar 2023Others₹4.50 CrOpen

How Many Employees Work at Reliant Credits (India)?

Reliant Credits (India) has a workforce of 529 employees as of Mar 22, 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.

Employee growth trends for Reliant Credits (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reliant Credits (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 Reliant Credits (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 Reliant Credits (India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100972790 was registered on 04 Sep 2024.

  • Director Appointment

    Munshi Riaz Ahmed was appointed as a Additional Director was appointed as a Additional Director on 04 Apr 2024 & has been associated with this company since 11 months 26 days .

  • Charges

    A charge registered on 17 Mar 2023 via Charge ID 100692864 with Others was fully satisfied on 07 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100836677 was registered on 29 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100837291 was registered on 07 Oct 2023.

  • Annual General Meeting

    Reliant Credits (India) Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Reliant Credits (India) Limited?

    Reliant Credits (India) Limited was incorporated on 29 Dec 1989.

  • What is authorized share capital and paid-up capital of Reliant Credits (India) Limited?

    The authorized share capital of Reliant Credits (India) Limited is ₹ 80.00 Cr and paid-up capital is ₹ 58.89 Cr.

  • Who are the current board members & directors of Reliant Credits (India) Limited?

    Currently 10 directors are associated with Reliant Credits (India) Limited.

    • Jaimon Iype
    • Munshi Riaz Ahmed
    • Josekutty Xavier
    • Paul Joseph
    • James Arambankudyil Joseph
    • Unni Sebastian Kappen
    • Sathyapalan Sivaraman
    • Antony Rajesh Thekeunnel
    • Tojo Jose
    • Abhijith Jayan

  • What is the registered address of Reliant Credits (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Reliant Credits (India) Limited is Kmc Xvi/I/J Reliant Junction Kozhippilly Byepass Kuthukuzhi P.O, India, Kothamangalam, Kerala, 686691.

  • What is the corporate identification number (CIN) and company number of Reliant Credits (India) Limited?

    The corporate identification number (CIN) of Reliant Credits (India) Limited is U65921KL1989PLC005568 and the company number is 005568 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Reliant Credits (India) Limited?

    The Official website of Reliant Credits (India) Limited is https://www.reliantcreditsindia.com

  • What has been the recent revenue trend for Reliant Credits (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Reliant Credits (India) Limited has risen by 270.22%.

  • How many employees does Reliant Credits (India) Limited currently have?

    As Per 2023 financial reports, 529 employees are currently employed by Reliant Credits (India) Limited.

  • What change has been observed in the net worth of Reliant Credits (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Reliant Credits (India) Limited has experienced an upsurge of 89.81%.

  • What are the total open charges for Reliant Credits (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Reliant Credits (India) Limited amount to ₹ 65.47 Cr.

  • When was the last Balance Sheet of Reliant Credits (India) Limited filed with the ROC?

    The most recent Balance Sheet for Reliant Credits (India) Limited was filed with the ROC on 31 Mar 2023.

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