
Reliance Engineers Limited
About Reliance Engineers Limited
Data last updated:
Reliance Engineers Limited is a public limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the engineering, procurement and construction (epc) segment of the engineering sector. It was incorporated on 14 March 1980.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA1980PLC003773.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Siddharth Jain (Whole-Time Director) and Shashank Kumar Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2006, and its latest financial statements are for the year ended 31 March 2006. The registered office is at 120 Ist Floor Cunningham Road Bangalore, Karnataka, India – 560052.
As per MCA filings, the company has open charges of ₹28.98 Cr and satisfied charges of ₹2 Cr on record. Court records list 29 cases involving the company, including 21 filed by the company and 8 filed against it; 1 case is pending.
Company details
CIN history
Reliance Engineers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74210KA1980PLC003773, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210KA1980PLC003773 | Current |
| U74210KA1980PTC003773 | Previous |
| U85110KA1980PTC003773 | Previous |
Contact details
Reliance Engineers Limited's registered office is in Bangalore, Karnataka.
- Registered Address120 Ist Floor Cunningham Road Bangalore, Karnataka, India – 560052
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- 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 Engineers Limited
FY 2006 filings availableFinancial Statement Summary
| Metrics | FY 2005-06 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2005-06 |
|---|---|
| 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 Engineers Limited, buy the company report.
Board of directors of Reliance Engineers Limited
Reliance Engineers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Jain | Whole-Time Director | 22 Sep 2000 | 26 Years 1 Months | As last reported |
| Shashank Kumar Jain | Whole-Time Director | 22 Sep 2000 | 26 Years 1 Months | As last reported |
| Rani Suresh Jain | Whole-Time Director | 30 Sep 1999 | 27 Years 0 Months | As last reported |
| Suresh Kumar Jain | Director | 28 Sep 1998 | 28 Years 0 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2002 | 80044100 | Karnataka State Financial Corporation | ₹1 Cr | Open | |
| 16 Dec 2000 | 90192336 | Canara Bank | ₹3.61 Cr | Open | |
| 11 Nov 1999 | 80044099 | Karnataka State Financial Corporation | ₹1.14 Cr | Open | |
| 14 Jan 1999 | 90192018 | Canara Bank | ₹17 Cr | Open | |
| 10 Dec 1998 | 90192012 | Karnataka State Financial Corportion | ₹53 Lakh | Open |
To see the full charge records of Reliance Engineers Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Reliance Engineers Limited has 29 court cases on record: 21 filed by Reliance Engineers, 8 filed against it. 1 case is pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 4 | 1 |
| District courts | 6 | 4 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed against the company by Bhushan Power and Steel Limited Jaydeb Ghorai | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed by the company against Shakun Polymers Ltd, Thro'manager (Finance), Ashok S Bansal and 1 other | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Ashok S. Bansal - Manager of Shakun Polymers Ltd. | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S Farcom Cable Systems Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
To see the full case history of Reliance Engineers 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 Engineers 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 Engineers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliance Engineers Limited has 4 board changes on record since 1998: 4 appointments. The latest: Shashank Kumar Jain was appointed as Whole-Time Director on 22 Sep 2000.
20 earlier events are in the company report.
Frequently asked questions
Reliance Engineers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Reliance Engineers is a company under liquidation, formerly operating as a public limited company based in Bangalore, Karnataka, India. The company works in engineering, procurement and construction (epc), within the engineering industry. It was incorporated on 14 March 1980 and is registered under CIN U74210KA1980PLC003773. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Reliance Engineers has 4 current directors:
- Siddharth Jain - Whole-Time Director
- Shashank Kumar Jain - Whole-Time Director
- Rani Suresh Jain - Whole-Time Director
- Suresh Kumar Jain - Director
The latest financial statements of Reliance Engineers on record with the MCA are for the year ended 31 March 2006. Its last annual general meeting was held on 29 September 2006. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reliance Engineers is U74210KA1980PLC003773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Engineers has open charges of ₹28.98 Cr and satisfied charges of ₹2 Cr as per latest MCA filings.
Reliance Engineers has 29 court cases on record: 21 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Reliance Engineers was incorporated on 14 March 1980. It is registered with the Registrar of Companies, Bangalore.
Shashank Kumar Jain was appointed as Whole-Time Director on 22 Sep 2000. Siddharth Jain was appointed as Whole-Time Director on 22 Sep 2000. Rani Suresh Jain was appointed as Whole-Time Director on 30 Sep 1999. Reliance Engineers has 4 board changes on record in total.
The registered office of Reliance Engineers is at 120 Ist Floor Cunningham Road Bangalore, Karnataka, India – 560052.