About Reliable E Solutions Private Limited
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Reliable E Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2002PTC115710. Its GSTIN is 07AACCR6047B1ZO (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹62.2 Lakh. It is led by directors including Nupur Aggarwal and Disha Varun Aggarwal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 819 Naurang House 21 Kasturba Gandhi Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.07 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.18 Cr (net margin 21.7%) and EBITDA of ₹3.43 Cr (EBITDA margin 34%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company is associated with 2 brands: Designhill and Relesol. As per MCA filings, the company has open charges of ₹32.52 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in December 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relesol.com.
Company details
Contact details
Reliable E Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is relesol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address819 Naurang House 21 Kasturba Gandhi Road, New Delhi, Delhi, India – 110001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Reliable E Solutions 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
Reliable E Solutions operates two associated brands: Designhill and Relesol. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for graphic design contests, hiring designers, and AI tools. | designhill.com | |
| Provides comprehensive web development services. | relesol.com |
Business activity
The main business activity of Reliable E Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Reliable E Solutions Private Limited, buy the company report.
Financials of Reliable E Solutions Private Limited
FY 2024 filings availableReliable E Solutions Private Limited reported revenue of ₹10.07 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 16% fall in the latest year. EBITDA rose 100% 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 | ₹3.43 Cr | ||||
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| Net Profit (PAT) | ₹2.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 34% | ||||
| Net Profit Margin | 21.7% | ||||
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To see the full financial statements and ratios of Reliable E Solutions Private Limited, buy the company report.
Board of directors of Reliable E Solutions Private Limited
Reliable E Solutions has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nupur Aggarwal Also directs: Acquitas Developers Private Limited | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Disha Varun Aggarwal Also directs: Acquitas Developers Private Limited | Director | 25 Oct 2017 | 8 Years 11 Months | Current |
| Varun Aggarwal Also directs: Second Chance Power Solutions LLP, Jr Maintenance LLP, RVG Minerals and Metals Private Limited and 5 more | Director | 07 May 2012 | 14 Years 5 Months | Current |
| Rahul Aggarwal Also directs: Second Chance Power Solutions LLP, Jr Maintenance LLP, RVG Minerals and Metals Private Limited and 5 more | Director | 07 May 2012 | 14 Years 5 Months | Current |
Auditor
Reliable E Solutions Private Limited is audited by AKASH VERMA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKASH VERMA | FY 2023 | 091145 |
Shareholding
The shareholding of Reliable E Solutions 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Reliable E Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2021 | 100510561 | Others | ₹32.23 Cr | Open | |
| 29 Oct 2018 | 100245445 | Axis Bank Limited | ₹29 Lakh | Open |
To see the full charge records of Reliable E Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Reliable E Solutions Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in December 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹5.1 Lakh | Investors: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reliable E Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Reliable E Solutions 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 Reliable E Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reliable E Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCR6047B1ZO | Delhi | Active | 01 Jul 2017 |
| 06AACCR6047B1ZQ | Haryana | Active | 09 May 2019 |
To see the full GST registrations and return filing status of Reliable E Solutions Private Limited, buy the company report.
Recent activity
Reliable E Solutions Private Limited has 10 board changes on record since 2012: 4 appointments and 6 cessations. The latest: Disha Varun Aggarwal ceased to be Additional Director on 29 Sep 2018.
4 earlier events are in the company report.
Frequently asked questions
Reliable E Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 June 2002 (24+ years old) and is registered under CIN U72900DL2002PTC115710.
Reliable E Solutions has 4 current directors:
- Nupur Aggarwal - Director
- Disha Varun Aggarwal - Director
- Varun Aggarwal - Director
- Rahul Aggarwal - Director
The latest financial statements of Reliable E Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliable E Solutions is 07AACCR6047B1ZO, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCR6047B1ZQ (Haryana).
The CIN (Corporate Identification Number) of Reliable E Solutions is U72900DL2002PTC115710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable E Solutions has 1 court case on record: 1 filed against it.
Reliable E Solutions was incorporated on 06 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Reliable E Solutions has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in December 2022.
Disha Varun Aggarwal ceased to be Additional Director on 29 Sep 2018. Disha Varun Aggarwal was appointed as Director on 25 Oct 2017. Ram Bilas Aggarwal ceased to be Director on 28 Jul 2017. Reliable E Solutions has 10 board changes on record in total.
Reliable E Solutions can be reached through the website relesol.com. Its registered office is in New Delhi, Delhi, India.