Reliance Universal Enterprises Limited
About Reliance Universal Enterprises Limited
Data last updated:
Reliance Universal Enterprises Limited was a public limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Reliance Industrial Investments And Holdings 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 wholesale trading and distribution segment of the business services sector. It was incorporated on 20 July 2005.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2005PLC109084. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.26 Cr. It was formerly known as Reliance Universal Enterprises Private Limited. It was led by directors including Dipan Vijay Dalal (Manager) and Rajkumar Mullick.
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 2016, the company reported a revenue of ₹1.83 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹63.84 Lakh and EBITDA of -₹63.86 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 26% over five years.
Its group structure included 4 subsidiaries.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
CIN history
Reliance Universal Enterprises has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100GJ2005PLC109084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ2005PLC109084 | Current |
| U51100MH2005PTC190767 | Previous |
| U51100MH2005PLC190767 | Previous |
| U51100GJ2005PTC046469 | Previous |
Contact details
Reliance Universal Enterprises 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
- IndustryBusiness Services, Wholesale, Contractual Work
To see the full contact details of Reliance Universal Enterprises 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 Universal Enterprises Limited
FY 2018 filings availableReliance Universal Enterprises Limited reported revenue of ₹1.83 Lakh (down 43% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 43% 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.83 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹63.86 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹63.84 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 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 Universal Enterprises Limited, buy the company report.
Board of directors and KMP of Reliance Universal Enterprises Limited
Reliance Universal Enterprises Limited currently reports 6 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipan Vijay Dalal | Manager | 19 Nov 2015 | 10 Years 11 Months | As last reported |
| Vishal Kumar Also directs: Trikam Properties LLP | Cfo | 16 Oct 2018 | 8 Years 0 Months | As last reported |
| Rajkumar Mullick | Director | 18 Mar 2013 | 13 Years 7 Months | As last reported |
| Anshu Arvind Agarwal Also directs: Angc & Co. LLP, Shardul Securities Limited | Company Secretary | 12 Jan 2019 | 7 Years 9 Months | As last reported |
| Balasubrmanian Chandrasekaran Also directs: Reliance Sibur Elastomers Private Limited, Mayuri Kumkum Limited, V - Retail Limited and 3 more | Director | 30 Mar 2015 | 11 Years 6 Months | As last reported |
| Sudhakar Saraswatula | Director | 02 Sep 2008 | 18 Years 1 Months | As last reported |
Auditor
Reliance Universal Enterprises Limited is audited by PATHAK H D & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATHAK H D & ASSOCIATES | FY 2016 | 107783W |
Shareholding
The shareholding of Reliance Universal Enterprises 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 Universal Enterprises Limited, buy the company report.
Legal cases
Reliance Universal Enterprises Limited has 3 court cases on record: 1 filed by Reliance Universal Enterprises, 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 (3 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 |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Reliance Universal Enterprises 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 Universal Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reliance Universal Enterprises has 4 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Reliance Aromatics and Petrochemicals Limited | U23200MH1993PLC190934 | |
| Reliance Aromatics and Petrochemicals Limited | U23200MH1993PLC190934 | |
| Reliance Chemicals Limited | U24110MH1990PLC059590 | |
| Reliance Chemicals Limited | U24110MH1990PLC059590 |
To see the full group structure of Reliance Universal Enterprises Limited, buy the company report.
GST
Reliance Universal Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reliance Universal Enterprises Limited, buy the company report.
Recent activity
Reliance Universal Enterprises Limited has 19 board changes on record since 2008: 8 appointments and 11 cessations. The latest: Anshu Arvind Agarwal was appointed as Company Secretary on 12 Jan 2019.
10 earlier events are in the company report.
Frequently asked questions
Reliance Universal Enterprises 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 Universal Enterprises was a public limited company based in Ahmedabad, Gujarat, India. The company worked in wholesale, within the business services industry. It was incorporated on 20 July 2005 and is registered under CIN U51100GJ2005PLC109084. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliance Universal Enterprises was incorporated on 20 July 2005. It is registered with the Registrar of Companies, Ahmedabad.
Reliance Universal Enterprises had 8 directors and KMP:
- Rajkumar Mullick - Director
- Balasubrmanian Chandrasekaran - Director
- Sudhakar Saraswatula - Director
- Satyanarayanamurthy Veera Venkata Korlepara - Director
- Dhiren Vrajlal Dalal - Director
- Dipan Vijay Dalal - Manager
- Vishal Kumar - Cfo
- Anshu Arvind Agarwal - Company Secretary
The CIN (Corporate Identification Number) of Reliance Universal Enterprises is U51100GJ2005PLC109084. 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 Universal Enterprises is at Office – 101 Saffron Nr. Centre Point Panchwati 5 Rasta Amba, Wadi, Ahmedabad, Gujarat, India – 380006.
The latest financial statements of Reliance Universal Enterprises 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.
No. Reliance Universal Enterprises has 1 GST registration on record and it is cancelled or inactive.
Reliance Universal Enterprises operated in the business services industry, in the wholesale segment.
Reliance Universal Enterprises has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.