Reliance Chemicals Limited
About Reliance Chemicals Limited
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Reliance Chemicals Limited was a public limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Reliance Aromatics And Petrochemicals Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the basic chemicals except fertilizers and nitrogen compounds segment of the chemicals sector. It was incorporated on 27 December 1990.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1990PLC109085.
The company had an authorised share capital of ₹13.05 Cr and a paid-up capital of ₹7.57 Cr. It was led by directors including Sudhakar Saraswatula and Satyanarayanamurthy Veera Venkata Korlepara.
Its last annual general meeting (AGM) was held on 31 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.96 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹21.49 Lakh and EBITDA of -₹21.49 Lakh.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
CIN history
Reliance Chemicals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24110GJ1990PLC109085, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110GJ1990PLC109085 | Current |
| U24110MH1990PLC059590 | Previous |
| U24110MH1990PTC059590 | Previous |
Contact details
Reliance Chemicals Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice – 101 Saffron Nr. Centre Point Panchwati 5 Rasta Amba, Wadi, Ahmedabad, Gujarat, India – 380006
- IndustryChemicals, Basic Chemicals Except Fertilizers And Nitrogen Compounds, Manufacturing, Basic Chemical
To see the full contact details of Reliance Chemicals 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
Financials of Reliance Chemicals Limited
FY 2018 filings availableReliance Chemicals Limited reported revenue of ₹1.96 Lakh (down 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.96 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹21.49 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹21.49 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Reliance Chemicals Limited, buy the company report.
Board of directors and KMP of Reliance Chemicals Limited
Reliance Chemicals Limited currently reports 3 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Saraswatula | Director | 06 Mar 2009 | 17 Years 8 Months | As last reported |
| Satyanarayanamurthy Veera Venkata Korlepara Also directs: Centura Agro Private Limited, Noveltech Agro Private Limited, Pepino Farms Private Limited and 5 more | Director | 16 Jan 2010 | 16 Years 9 Months | As last reported |
| Rajagopal Subramanian Also directs: RCP Solutions and Services Private Limited, Vedathma Properties Private Limited, Snow Mount Properties Private Limited and 1 more | Director | 24 Dec 2011 | 14 Years 10 Months | As last reported |
| Vidya Jamnadas Dharra Also directs: Reliance International Leasing Ifsc Private Limited | Company Secretary | 12 Jan 2017 | 9 Years 9 Months | As last reported |
Auditor
Reliance Chemicals Limited is audited by Pathak H.D & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pathak H.D & Associates | FY 2017 | 107783W |
Shareholding
The shareholding of Reliance Chemicals 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 Reliance Chemicals Limited, buy the company report.
Legal cases
Reliance Chemicals Limited has 3 court cases on record: 1 filed by Reliance Chemicals, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APL) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Reliance Chemicals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Chemicals 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 Reliance Chemicals Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliance Chemicals Limited has 12 board changes on record since 2009: 4 appointments and 8 cessations. The latest: Vidya Jamnadas Dharra was appointed as Company Secretary on 12 Jan 2017.
3 earlier events are in the company report.
Frequently asked questions
Reliance Chemicals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Reliance Chemicals was a public limited company based in Ahmedabad, Gujarat, India. The company worked in basic chemicals except fertilizers and nitrogen compounds, within the chemicals industry. It was incorporated on 27 December 1990 and is registered under CIN U24110GJ1990PLC109085. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliance Chemicals was incorporated on 27 December 1990. It is registered with the Registrar of Companies, Ahmedabad.
Reliance Chemicals had 4 directors and KMP:
- Sudhakar Saraswatula - Director
- Satyanarayanamurthy Veera Venkata Korlepara - Director
- Rajagopal Subramanian - Director
- Vidya Jamnadas Dharra - Company Secretary
The CIN (Corporate Identification Number) of Reliance Chemicals is U24110GJ1990PLC109085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Reliance Chemicals is at Office – 101 Saffron Nr. Centre Point Panchwati 5 Rasta Amba, Wadi, Ahmedabad, Gujarat, India – 380006.
The latest financial statements of Reliance Chemicals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 31 July 2018. Year-wise statements from 2015 are in the company report.
Reliance Chemicals operated in the chemicals industry, in the basic chemicals except fertilizers and nitrogen compounds segment.
Reliance Chemicals has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Vidya Jamnadas Dharra was appointed as Company Secretary on 12 Jan 2017. Rina Jigar Goda ceased to be Company Secretary on 15 Dec 2016. Venkataraman Ramachandran ceased to be Company Secretary on 19 Nov 2012. Reliance Chemicals has 12 board changes on record in total.
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