- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0008101

About Readers Stores India Private Limited
Data last updated:
Readers Stores India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the office and school supplies segment of the education sector. It was incorporated on 28 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52100TG2007PTC056873. Its GSTIN is 36AADCR8583M1ZM (Telangana). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.6 Cr. It is led by directors Jagan Mohan Reddy Gillella and Sai Kumar Dhandu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No C – 16 Ida Uppal, Hyderabad, Telangana, India – 500039.
As per the financials filed for FY 2025, the company reported a revenue of ₹13 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.21 Cr (net margin -9.3%) and EBITDA of -₹26.2 Lakh (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 8% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Readers. As per MCA filings, the company has open charges of ₹23.21 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 2 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.78 Cr; the latest was in August 2023.
Readers Stores India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0008101). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website readers.in.
Company details
CIN history
Readers Stores India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52100TG2007PTC056873, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100TG2007PTC056873 | Current |
| U22190AP2007PTC056873 | Previous |
| U22190TG2007PTC056873 | Previous |
Recognitions & Rankings of Readers Stores India
Contact details
Readers Stores India Private Limited's registered office is in Hyderabad, Telangana. Its website is readers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No C – 16 Ida Uppal, Hyderabad, Telangana, India – 500039
- IndustryEducation, Office & School Supplies
To see the full contact details of Readers Stores India 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
Brands
Readers Stores India operates one associated brand: Readers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manages an e-commerce store for a wide range of consumer products. | readers.in |
Business activity
The main business activity of Readers Stores India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Readers Stores India Private Limited, buy the company report.
Financials of Readers Stores India Private Limited
FY 2025 filings availableReaders Stores India Private Limited reported revenue of ₹13 Cr (down 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 85% fall in the latest year. EBITDA fell 108% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹26.2 Lakh | ||||
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| Net Profit (PAT) | -₹1.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | -9.3% | ||||
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To see the full financial statements and ratios of Readers Stores India Private Limited, buy the company report.
Board of directors of Readers Stores India Private Limited
Readers Stores India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagan Mohan Reddy Gillella Also directs: Shift CFS Private Limited | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Sai Kumar Dhandu | Director | 01 Jun 2024 | 2 Years 5 Months | Current |
Auditor
Readers Stores India Private Limited is audited by BAJARANGLAL JHAWAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAJARANGLAL JHAWAR & CO. | FY 2023 | 000317S |
Shareholding
The shareholding of Readers Stores India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Readers Stores India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2019 | 100297158 | Others | ₹22.5 Cr | Open | |
| 24 Dec 2012 | 10394937 | Reliance Capital Ltd | ₹20.8 Lakh | Open | |
| 24 Sep 2011 | 10337072 | Andhra Pradesh State Financial Corporation | ₹50 Lakh | Open | |
| 07 Nov 2019 | 100307109 | Others | ₹3.9 Cr | Satisfied |
To see the full charge records of Readers Stores India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Readers Stores India Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.78 Cr; the latest was in August 2023.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Funding round | ₹3 Cr | Investors: an individual |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2023 | Funding round | ₹2 Cr | Investors: an individual |
| Jul 2016 | Funding round | ₹78.4 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Readers Stores India Private Limited has 11 court cases on record: 7 filed by Readers Stores India, 4 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 4 | 2 | 2 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by Aveli Global Engineering Solutions Pvt Ltd. | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by V3 Enterprises Pvt. Ltd. and 1 other | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S Sri Murugan Corporation Rep.By Divyash K Jain | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against M/S Sri Murugan Corporation Rep.By Divyash K Jain | Disposed |
| NCLT, NCLT Hyderabad | Insolvency matter | Filed by the company against Chief Manager Canara Bank | Disposed |
To see the full case history of Readers Stores India Private 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 Readers Stores India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Readers Stores India Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Readers Stores India has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCR8583M1ZM | Telangana | Active | 01 Jul 2017 |
| 07AADCR8583M1ZN | Delhi | Active | 01 Jul 2017 |
| 27AADCR8583M1ZL | Maharashtra | Active | 01 Jul 2017 |
| 29AADCR8583M1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Readers Stores India Private Limited, buy the company report.
Recent activity
Readers Stores India Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Sai Kumar Dhandu ceased to be Additional Director on 29 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Readers Stores India is an active private limited company based in Hyderabad, Telangana, India. The company works in office and school supplies, within the education industry. It was incorporated on 28 December 2007 (19+ years old) and is registered under CIN U52100TG2007PTC056873.
Readers Stores India has 2 current directors:
- Jagan Mohan Reddy Gillella - Director
- Sai Kumar Dhandu - Director
The latest financial statements of Readers Stores India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Readers Stores India is 36AADCR8583M1ZM, registered in Telangana. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 07AADCR8583M1ZN (Delhi), 27AADCR8583M1ZL (Maharashtra), 29AADCR8583M1ZH (Karnataka).
The CIN (Corporate Identification Number) of Readers Stores India is U52100TG2007PTC056873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Readers Stores India has 11 court cases on record: 7 filed by the company and 4 filed against it. 2 are pending. Most are in the district courts.
Readers Stores India was incorporated on 28 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Readers Stores India has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.78 Cr; the latest was in August 2023.
Sai Kumar Dhandu ceased to be Additional Director on 29 Sep 2024. Krishna Kishore Reddy Palla ceased to be Director on 17 Jun 2024. Sai Kumar Dhandu was appointed as Director on 01 Jun 2024. Readers Stores India has 7 board changes on record in total.
Yes, Readers Stores India is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0008101).

