Relyon Softech Limited

This company offers software for tax, e-filing, payroll, and accounting to streamline daily tasks.

2000 | Bangalore, Karnataka (India) | Active
Last Updated: July 18, 2024

Relyon Softech Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.88 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 14.38%
  • Profit Growth 3.39%
  • Ebitda 1.66%
  • Net Worth 18.03%
  • Total Assets 14.41%

About Relyon Softech

Relyon Softech Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 August 2000 and has a history of 24 years and six months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Information Technology 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 2.88 Cr.

The company currently has active open charges totaling ₹2.00 Cr.

Mohan Srinivasan, Hudugur Nagendra, and Nitin Patel serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    relyonsoft.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2000PLC027572

  • Company No.

    027572

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2000

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Relyon Softech Limited offer?

Relyon Softech Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Accounting & Billing Software, Saral Software, HR Management Software, Payroll Software, XBRL Software.

Who are the key members and board of directors at Relyon Softech?

Board Members (3)

NameDesignationAppointment DateStatus
Mohan Srinivasan Country flag representing In Director 29-Sep-2001Current
Hudugur Nagendra Country flag representing In Whole-Time Director 29-Sep-2001Current
Nitin Patel Country flag representing In Whole-Time Director 27-Sep-2010Current

Financial Performance of Relyon Softech.

Relyon Softech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.38% increase. The company also saw a slight improvement in profitability, with a 3.39% increase in profit. The company's net worth Soared by an impressive increase of 18.03%.

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
14.38%
Revenue from Operations
13.74%
Total Assets
14.41%
Profit or Loss
3.39%
Net Worth
18.03%
EBITDA
1.66%

What is the Ownership and Shareholding Structure of Relyon Softech?

In 2023, Relyon Softech had a promoter holding of 56.20% and a public holding of 43.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2011Others₹2.00 CrOpen

How Many Employees Work at Relyon Softech?

Relyon Softech has a workforce of 488 employees as of Apr 06, 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 Relyon Softech, 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 Relyon Softech'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 Relyon Softech

Recent activity within the organization

  • Annual General Meeting

    Relyon Softech Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.

    31 Aug 2023

  • Balance Sheet

    Relyon Softech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 08 Jun 2011 with Charge ID 10290006 was modified on 10 Feb 2021.

    10 Feb 2021

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 10290006 was registered on 08 Jun 2011.

    08 Jun 2011

  • Director Appointment

    Nitin Shamji Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Sep 2010 & has been associated with this company since 14 years 4 months .

    27 Sep 2010

  • Director Appointment

    Mohan Srinivasan was appointed as a Director was appointed as a Director on 29 Sep 2001 & has been associated with this company since 23 years 4 months .

    29 Sep 2001

Recent News, Updates & Announcement

Frequently asked questions

  • Relyon Softech Limited was incorporated on 04 Aug 2000.

  • The authorized share capital of Relyon Softech Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.88 Cr.

  • Currently 3 directors are associated with Relyon Softech Limited.

    • Mohan Srinivasan
    • Hudugur Subba Rao Nagendra
    • Nitin Shamji Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Relyon Softech Limited is Shreelekha Complex Floor Ii No. 73 Basaveshwaranagar 2Nd Stage, Bangalore, Karnataka, India, 560086.

  • The corporate identification number (CIN) of Relyon Softech Limited is U72200KA2000PLC027572 and the company number is 027572 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Relyon Softech Limited is https://www.relyonsoft.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Relyon Softech Limited has risen by 14.38%.

  • As Per 2023 financial reports, 488 employees are currently employed by Relyon Softech Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Relyon Softech Limited has experienced an upsurge of 18.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Relyon Softech Limited amount to ₹ 2.00 Cr.

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

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