MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-04-0025630
Rel Rural Warehousing Limited
Rel Rural Warehousing Limited - business services in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.12 Cr
▼ 87% YoY
Net loss · FY 2025
₹5.61 Cr
Net margin -264.2%
EBITDA · FY 2025
-₹2.54 Cr
EBITDA margin -119.6%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹26.07 Cr
Issued & subscribed
Satisfied charges
₹20 Cr
No open charges
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Rel Rural Warehousing Limited
Data last updated:
Rel Rural Warehousing Limited is a public limited company based in Belgaum, Karnataka, India, a subsidiary of Khandepar Investments Private Limited. It operates in the business support services segment of the business services sector. It was incorporated on 30 September 2021 and has been in existence for over 5 years.
Its director Narendra Madhusudan Murkumbi and Family is #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35107KA2021PLC152551. Its GSTIN is 29AALCR3303D1ZK (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.07 Cr. It is led by directors including Vidya Madhusudan Murkumbi and Narendra Madhusudan Murkumbi.
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 Belgaum, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.12 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹5.61 Cr (net margin -264.2%) and EBITDA of -₹2.54 Cr (EBITDA margin -119.6%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company has satisfied charges of ₹20 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2022. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is B.M Printing & Writing Papers Private Limited with revenue of ₹2.12 Cr.
Rel Rural Warehousing Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0025630). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35107KA2021PLC152551
Registration Number 152551
Incorporation Date 30 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Khandepar Investments Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0025630
CIN history
Rel Rural Warehousing has one previous CIN (Corporate Identification Number): U40108KA2021PLC152551. The current CIN is U35107KA2021PLC152551, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35107KA2021PLC152551 | Current |
| U40108KA2021PLC152551 | Previous |
Key People
Vidya Madhusudan Murkumbi Director Narendra Madhusudan Murkumbi Director Vishwanath Ladalemohan Mathur Director Recognitions & Rankings of Rel Rural Warehousing
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,673 Narendra Madhusudan Murkumbi & Family ₹1,100 Cr
Contact details
Rel Rural Warehousing Limited's registered office is in Belgaum, Karnataka.
- Registered AddressBc 105 Havelock Road, Camp, Belgaum, Karnataka, India – 590001
- IndustryBusiness Services, Business Support Services
Comprehensive company report
Rel Rural Warehousing Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Rel Rural Warehousing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rel Rural Warehousing Limited, buy the company report.
Financials of Rel Rural Warehousing Limited
FY 2025 filings availableRel Rural Warehousing Limited reported revenue of ₹2.12 Cr (down 87% YoY) for FY 2025.
Revenue · FY 2025
₹2.12 Cr ▼ 87%
Net loss · FY 2025
₹5.61 Cr margin -264.2%
EBITDA · FY 2025
-₹2.54 Cr margin -119.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 82%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▼ 52%
Revenue has declined at a compounded annual rate (CAGR) of 82% over three years, including a 87% fall in the latest year. EBITDA rose 71% 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 |
|---|---|---|---|---|
| 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 | -₹2.54 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.61 Cr | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -119.6% | |||
| Net Profit Margin | -264.2% | |||
| 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 Rel Rural Warehousing Limited, buy the company report.
Board of directors of Rel Rural Warehousing Limited
Rel Rural Warehousing has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidya Madhusudan Murkumbi | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Narendra Madhusudan Murkumbi | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Vishwanath Ladalemohan Mathur | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Rel Rural Warehousing Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B.M Printing & Writing Papers Private Limited | ₹2.12 Cr (FY 2023) | -5.0% | Delhi, India | |||
| Kongdour Industries Private Limited | ₹2.12 Cr (FY 2024) | 114.0% | Srinagar, Jammu and Kashmir, India | |||
| Salus India Private Limited | ₹2.12 Cr (FY 2025) | -12.0% | Navi Mumbai, Maharashtra, India | |||
| Sas Holding Private Limited | ₹2.12 Cr (FY 2025) | 66.0% | New Delhi, Delhi, India | |||
| Beatum Healthcare Private Limited | ₹2.12 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India | |||
| Rel Rural Warehousing Limitedthis company | ₹2.12 Cr (FY 2025) | -₹5.61 Cr | -264.2% | -87.0% | Belgaum, Karnataka, India | |
| Kapish Hospitality Private Limited | ₹2.12 Cr (FY 2019) | -61.0% | Delhi, India | |||
| Man Singh and Sons Private Ltd | ₹2.12 Cr (FY 2025) | 17.0% | Delhi, India | |||
| Healthy Hindustan Private Limited | ₹2.12 Cr (FY 2024) | 532.0% | Moradabad, Uttar Pradesh, India | |||
| Armon International Private Limited | ₹2.12 Cr (FY 2025) | -52.0% | New Delhi, Delhi, India | |||
| Sakthifinance Holdings Limited | ₹2.12 Cr (FY 2024) | 276.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Rel Rural Warehousing Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹20 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2021 | 100525626 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Rel Rural Warehousing Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Rel Rural Warehousing Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2022.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Khandepar Investments Private Limited Seller: Ravindra Energy Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rel Rural Warehousing Limited has 11 court cases on record: 10 filed by Rel Rural Warehousing, 1 filed against it. 2 cases are pending and 9 are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Pending
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 1 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Shree Renuka Sugars Limited and 4 others | Pending |
| District court, Ahmednagar, Maharashtra | Commercial suit | Filed by the company against Shree Renuka Sugars Limited and 2 others | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Shree Renuka Sugars Limited A Company Registered and Incorporated and 2 others | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Wilmar Sugar India Pvt Ltd and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Sahakar Maharashi Shankarrao Kolhe Sahakari Sakhar Karkhana Ltd Through Its Managing Director | Disposed |
To see the full case history of Rel Rural Warehousing 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 Rel Rural Warehousing Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rel Rural Warehousing has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCR3303D1ZK | Karnataka | Active | 08 Oct 2021 |
| 27AALCR3303D1ZO | Maharashtra | Active | 09 Oct 2021 |
To see the full GST registrations and return filing status of Rel Rural Warehousing Limited, buy the company report.
Recent activity
Rel Rural Warehousing Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Shantanu Lath ceased to be Director on 30 Sep 2022.
AGM
Rel Rural Warehousing Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rel Rural Warehousing Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 13 Dec 2021 via Charge ID 100525626 with Others was fully satisfied on 14 Feb 2024.
Ceased
Shantanu Lath ceased to be Director.
Appointed
Vidya Madhusudan Murkumbi was appointed as Director.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100525626 was registered on 13 Dec 2021.
Appointed
Narendra Madhusudan Murkumbi was appointed as Director.
Appointed
Vishwanath Ladalemohan Mathur was appointed as Director.
Incorporation
30 Sep 2021
Rel Rural Warehousing Limited was registered on 30 Sep 2021 with Roc Bangalore & aged 5 years 1 month as per MCA records.
Frequently asked questions
Rel Rural Warehousing is an active public limited company based in Belgaum, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 30 September 2021 (5+ years old) and is registered under CIN U35107KA2021PLC152551.
Rel Rural Warehousing has 3 current directors:
- Vidya Madhusudan Murkumbi - Director
- Narendra Madhusudan Murkumbi - Director
- Vishwanath Ladalemohan Mathur - Director
The latest financial statements of Rel Rural Warehousing 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 FY 2022 are in the company report.
The GSTIN of Rel Rural Warehousing is 29AALCR3303D1ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AALCR3303D1ZO (Maharashtra).
The CIN (Corporate Identification Number) of Rel Rural Warehousing is U35107KA2021PLC152551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rel Rural Warehousing has 11 court cases on record: 10 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Rel Rural Warehousing was incorporated on 30 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Rel Rural Warehousing has 1 deal on record (1 secondary share transfer); the latest was in September 2022.
The peers of Rel Rural Warehousing by revenue are B.M Printing & Writing Papers Private Limited, Kongdour Industries Private Limited, Salus India Private Limited, Sas Holding Private Limited, Beatum Healthcare Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Shantanu Lath ceased to be Director on 30 Sep 2022. Vidya Madhusudan Murkumbi was appointed as Director on 30 Sep 2022. Narendra Madhusudan Murkumbi was appointed as Director on 30 Sep 2021. Rel Rural Warehousing has 4 board changes on record in total.
Yes, Rel Rural Warehousing is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0025630).
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