About Reliance Naval and Engineering
Reliance Naval and Engineering is a company based in Mumbai (India) founded in 1997 was acquired by Swan Energy in October 2023.. The company has 54 employees as of March 30, 2024. Reliance Naval and Engineering offers products and services including Shipbuilding and Ship Repairs.
- Headquarter Mumbai, India
- Employees 54 as on 30 Mar, 2024
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
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- Legal Name Swan Defence And Heavy Industries Limited
- Date of Incorporation 17 Oct, 1997
- Jurisdiction Rajual, Gujarat, India
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Annual Revenue
$25.87 M (USD)-59.6as on Mar 31, 2019
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Net Profit
$-1.53 B (USD)-979.74as on Mar 31, 2019
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EBITDA
$-12 M (USD)52.09as on Mar 31, 2019
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Latest Funding Round
- Investors
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Employee Count
54
as on Mar 30, 2024
- Acquired by
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Products & Services of Reliance Naval and Engineering
Reliance Naval and Engineering offers a comprehensive portfolio of products and services, including Shipbuilding and Ship Repairs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Commercial and defence vessels are constructed using advanced facilities, with capacities designed to serve global demands.
Repairs and maintenance are performed on ships and rigs, utilizing technical expertise and infrastructure to ensure operational efficiency.
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Funding Insights of Reliance Naval and Engineering
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reliance Naval and Engineering
Reliance Naval and Engineering has secured backing from 1 investor. Prominent investors backing the company include Swan Corp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Gas regasification units are developed and operated by the company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reliance Naval and Engineering
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Reliance Naval and Engineering
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reliance Naval And Engineering Comparisons
Competitors of Reliance Naval and Engineering
| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reliance Naval And Engineering
Frequently Asked Questions about Reliance Naval and Engineering
When was Reliance Naval and Engineering founded?
Reliance Naval and Engineering was founded in 1997.
Where is Reliance Naval and Engineering located?
Reliance Naval and Engineering is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Reliance Naval and Engineering have?
As of Mar 30, 2024, the latest employee count at Reliance Naval and Engineering is 54.
What is the annual revenue of Reliance Naval and Engineering?
Annual revenue of Reliance Naval and Engineering is $25.87M as on Mar 31, 2019.
What does Reliance Naval and Engineering do?
Reliance Naval and Engineering was founded in 1997 and is based in Mumbai, India. Operations focus on the defense sector, where shipbuilding services are delivered for naval vessels and related engineering projects. Facilities support construction, repair, and maintenance activities, with an emphasis on maritime defense requirements. The company operates primarily within Indias shipyard infrastructure, contributing to national defense capabilities through specialized engineering solutions.
What products or services does Reliance Naval and Engineering offer?
Reliance Naval and Engineering offers Shipbuilding and Ship Repairs.
Who are Reliance Naval and Engineering's investors?
Reliance Naval and Engineering has 1 investor. Key investors include Swan Corp.