- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0019840

About Reliable Innovative Services Private Limited
Data last updated:
Reliable Innovative Services Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 19 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74900PB2014PTC038843.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Taranjeet Singh and Rupinder Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 22 – 3245 Super Market Chet Sing Nagar Gill Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.88 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Lakh (net margin 5.9%) and EBITDA of ₹1.65 Lakh (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
Reliable Innovative Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0019840). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliable121.com.
Company details
Recognitions & Rankings of Reliable Innovative Services
Contact details
Reliable Innovative Services Private Limited's registered office is in Ludhiana, Punjab. Its website is reliable121.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 22 – 3245 Super Market Chet Sing Nagar Gill Road, Ludhiana, Punjab, India – 141003
- IndustryProfessional Services, Accounting, Taxation, Book Keeping
To see the full contact details of Reliable Innovative Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Reliable Innovative Services is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Reliable Innovative Services Private Limited, buy the company report.
Financials of Reliable Innovative Services Private Limited
FY 2025 filings availableReliable Innovative Services Private Limited reported revenue of ₹19.88 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.65 Lakh | ||||
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| Net Profit (PAT) | ₹1.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of Reliable Innovative Services Private Limited, buy the company report.
Board of directors of Reliable Innovative Services Private Limited
Reliable Innovative Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taranjeet Singh Also directs: Accountopedia Private Limited | Director | 16 Jul 2018 | 8 Years 3 Months | Current |
| Rupinder Singh Also directs: Accountopedia Private Limited | Director | 30 May 2023 | 3 Years 4 Months | Current |
Peer comparison
Reliable Innovative Services Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arch Corporate Advisors Private Limited | ₹19.9 Lakh (FY 2025) | -1.0% | Delhi, India | |||
| RGS Financial Advisors Private Limited | ₹19.9 Lakh (FY 2025) | 3.0% | Delhi, India | |||
| Yep Consultants Private Limited | ₹19.88 Lakh (FY 2025) | 17.0% | Delhi, India | |||
| Reliable Innovative Services Private Limitedthis company | ₹19.88 Lakh (FY 2024) | ₹1.18 Lakh | 5.9% | -2.0% | Ludhiana, Punjab, India | |
| Sankhye Accounting Solutions Private Limited | ₹19.88 Lakh (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Bright Taxcorp Consultants Private Limited | ₹19.88 Lakh (FY 2024) | 0.0% | Surat, Gujarat, India | |||
| Mesure Advisers Private Limited | ₹19.87 Lakh (FY 2025) | 5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Reliable Innovative Services Private Limited, buy the company report.
Auditor
Reliable Innovative Services Private Limited is audited by Anil K Sareen and Associations for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil K Sareen and Associations | FY 2017 | 019371N |
Shareholding
The shareholding of Reliable Innovative Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Reliable Innovative Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reliable Innovative Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliable Innovative Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Reliable Innovative Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliable Innovative Services Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Anureet Kaur ceased to be Director on 30 May 2023.
Frequently asked questions
Reliable Innovative Services is an active private limited company based in Ludhiana, Punjab, India. The company works in accounting, within the professional services industry. It was incorporated on 19 August 2014 (12+ years old) and is registered under CIN U74900PB2014PTC038843.
Reliable Innovative Services has 2 current directors:
- Taranjeet Singh - Director
- Rupinder Singh - Director
The latest financial statements of Reliable Innovative Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reliable Innovative Services is U74900PB2014PTC038843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Innovative Services was incorporated on 19 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Reliable Innovative Services by revenue are Arch Corporate Advisors Private Limited, RGS Financial Advisors Private Limited, Yep Consultants Private Limited, Sankhye Accounting Solutions Private Limited, Bright Taxcorp Consultants Private Limited and 1 more, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Anureet Kaur ceased to be Director on 30 May 2023. Rupinder Singh was appointed as Director on 30 May 2023. Harjot Pal Singh ceased to be Director on 01 Apr 2022. Reliable Innovative Services has 6 board changes on record in total.
Yes, Reliable Innovative Services is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0019840).
Reliable Innovative Services can be reached through the website reliable121.com. Its registered office is in Ludhiana, Punjab, India.
The registered office of Reliable Innovative Services is at B – 22 – 3245 Super Market Chet Sing Nagar Gill Road, Ludhiana, Punjab, India – 141003.
Reliable Innovative Services operates in the professional services industry, in the accounting segment.