About Reliance Innovative Building Solutions Private Limited
Data last updated:
Reliance Innovative Building Solutions Private Limited was a private limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Reliance Strategic Business Ventures 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 October 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U52100HR2007PTC118329. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹71 Cr and a paid-up capital of ₹69.69 Cr. It was formerly known as Reliance Style Imagination Private Limited. It was led by directors including Tarun Kumar Jhunjhunwala and Ramesh Kumar Damani.
Its last annual general meeting (AGM) was held on 29 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sector 18, Gurgaon, Haryana.
As per the financials filed for FY 2022, the company reported a revenue of ₹52.56 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹49.84 Lakh (net margin -94.8%) and EBITDA of -₹10.87 Lakh (EBITDA margin -20.7%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 18% over five years.
The company has 5 deals on record (3 acquisitions, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹64.68 Cr; the latest was in March 2015.
The last known website on record is ril.com.
Company details
CIN history
Reliance Innovative Building Solutions has one previous CIN (Corporate Identification Number): U52100MH2007PTC174895. The current CIN is U52100HR2007PTC118329, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100HR2007PTC118329 | Current |
| U52100MH2007PTC174895 | Previous |
Contact details
Reliance Innovative Building Solutions Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor 77 – B Iffco Road, Sector 18, Gurgaon, Haryana, India – 122015
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Reliance Innovative Building Solutions 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
Financials of Reliance Innovative Building Solutions Private Limited
FY 2023 filings availableReliance Innovative Building Solutions Private Limited reported revenue of ₹52.56 Lakh (down 70% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 70% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹52.56 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49.84 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.7% | ||||
| Net Profit Margin | -94.8% | ||||
| 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 Innovative Building Solutions Private Limited, buy the company report.
Board of directors and KMP of Reliance Innovative Building Solutions Private Limited
Reliance Innovative Building Solutions Private Limited currently reports 3 directors and 2 key managerial personnel. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avani Satish Gangapurkar Also directs: Dronagiri Navghar South Infra Limited, Dronagiri Pagote East Infra Limited, Kalamboli West Infra Limited and 5 more | Company Secretary | 22 Apr 2020 | 6 Years 6 Months | As last reported |
| Sudhir Kumar Jain | Additional Director | 10 Nov 2023 | 3 Years 0 Months | As last reported |
| Tarun Kumar Jhunjhunwala Also directs: RCP Solutions and Services Private Limited | Director | 22 Apr 2010 | 16 Years 6 Months | As last reported |
| Ramesh Kumar Damani Also directs: Infomedia Press Limited, Reliance Vantage Retail Limited, Ibn Lokmat News Private Limited and 4 more | Director | 12 Apr 2013 | 13 Years 6 Months | As last reported |
| Pooja Ravi Karia | Cfo | 29 Sep 2015 | 11 Years 1 Months | As last reported |
Auditor
Reliance Innovative Building Solutions Private Limited is audited by Chaturvedi & Shah LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2022 | 101720W/W100355 |
Shareholding
The shareholding of Reliance Innovative Building Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Innovative Building Solutions Private Limited, buy the company report.
Deals & funding
Reliance Innovative Building Solutions Private Limited has 5 deals on record (3 acquisitions, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹64.68 Cr; the latest was in March 2015.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Reliance Industrial Investments And Holdings Limited & Raj Kumar Mullick, Digital Media Distribution Trust and Laxmidas Vallabhdas Merchant & Reliance Media Transmission Private Limited, Reliance Industrial Investments And Holdings Limited & Rohit C Shah Seller: Syntheon (Mauritius) Ltd |
| Mar 2010 | Acquisition | ₹50,000 | Buyer: Reliance Industrial Investments and Holdings Limited Seller: Shinano Retail Private Limited |
| Mar 2010 | Funding round | ₹64.68 Cr | Investors: Syntheon (Mauritius) Ltd, Reliance Industrial Investments and Holdings Limited |
| Jul 2009 | Acquisition | ₹50,000 | Buyer: Shinano Retail Private Limited Seller: an individual |
| Nov 2008 | Acquisition | ₹50,000 | Buyer: Reliance Industrial Investments and Holdings Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Reliance Innovative Building Solutions 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 Reliance Innovative Building Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reliance Innovative Building Solutions has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reliance Innovative Building Solutions Private Limited, buy the company report.
Recent activity
Reliance Innovative Building Solutions Private Limited has 21 board changes on record since 2009: 5 appointments and 16 cessations. The latest: Sudhir Kumar Jain was appointed as Additional Director on 10 Nov 2023.
12 earlier events are in the company report.
News
Frequently asked questions
Reliance Innovative Building Solutions 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 Innovative Building Solutions was a private limited company based in Gurgaon, Haryana, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 October 2007 and is registered under CIN U52100HR2007PTC118329. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliance Innovative Building Solutions was incorporated on 10 October 2007. It is registered with the Registrar of Companies, Delhi.
Reliance Innovative Building Solutions had 5 directors and KMP:
- Sudhir Kumar Jain - Additional Director
- Tarun Kumar Jhunjhunwala - Director
- Ramesh Kumar Damani - Director
- Avani Satish Gangapurkar - Company Secretary
- Pooja Ravi Karia - Cfo
The CIN (Corporate Identification Number) of Reliance Innovative Building Solutions is U52100HR2007PTC118329. 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 Innovative Building Solutions is at 3rd Floor 77 – B Iffco Road, Sector 18, Gurgaon, Haryana, India – 122015.
Reliance Innovative Building Solutions can be reached through the website ril.com. Its registered office is in Gurgaon, Haryana, India.
The latest financial statements of Reliance Innovative Building Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 August 2023. Year-wise statements from 2015 are in the company report.
No. Reliance Innovative Building Solutions has 4 GST registrations on record and all of them are cancelled or inactive.
Reliance Innovative Building Solutions operated in the infrastructure and utilities industry, in the general construction services segment.
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