Reliable Equity Private Limited
About Reliable Equity Private Limited
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Reliable Equity Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 04 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB2008PTC123522.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.15 Lakh. It is led by directors Saroj Bagree and Rashmi Pullat Daga.
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 Room No. – D 8 1st Floor 54 Ezra Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.07 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹37.85 Lakh (net margin 65.2%) and EBITDA of ₹52.47 Lakh (EBITDA margin 90.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.
Court records list 5 cases involving the company, including 5 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Reliable Equity Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. – D 8 1st Floor 54 Ezra Street, Kolkata, West Bengal, India – 700001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Reliable Equity 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
Financials of Reliable Equity Private Limited
FY 2025 filings availableReliable Equity Private Limited reported revenue of ₹58.07 Lakh (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 72% 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 | ₹52.47 Lakh | ||||
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| Net Profit (PAT) | ₹37.85 Lakh | ||||
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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 | 90.4% | ||||
| Net Profit Margin | 65.2% | ||||
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To see the full financial statements and ratios of Reliable Equity Private Limited, buy the company report.
Board of directors of Reliable Equity Private Limited
Reliable Equity has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Bagree Also directs: Cosmic Extraction Pvt Ltd | Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Rashmi Pullat Daga | Director | 31 May 2024 | 2 Years 4 Months | Current |
Auditor
Reliable Equity Private Limited is audited by A R S K & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R S K & ASSOCIATES | FY 2022 | 315082E |
Shareholding
The shareholding of Reliable Equity Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliable Equity Private Limited, buy the company report.
Legal cases
Reliable Equity Private Limited has 5 court cases on record: 5 filed by Reliable Equity. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S Limtex Tea and Industries Ltd and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Mani Square Ltd. and 2 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Limetex Tea and Industries Ltd | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Reliable Equity 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 Equity Private 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 Reliable Equity Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliable Equity Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Rashmi Pullat Daga ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Reliable Equity is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 04 March 2008 (18+ years old) and is registered under CIN U67120WB2008PTC123522.
Reliable Equity has 2 current directors:
- Saroj Bagree - Director
- Rashmi Pullat Daga - Director
The latest financial statements of Reliable Equity 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 CIN (Corporate Identification Number) of Reliable Equity is U67120WB2008PTC123522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliable Equity has 5 court cases on record: 5 filed by the company. 3 are pending. Most are in the district courts.
Reliable Equity was incorporated on 04 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Rashmi Pullat Daga ceased to be Additional Director on 29 Sep 2024. Rashmi Pullat Daga was appointed as Director on 31 May 2024. Abhishek Maniklal Daga ceased to be Director on 17 May 2024. Reliable Equity has 6 board changes on record in total.
The registered office of Reliable Equity is at Room No. – D 8 1st Floor 54 Ezra Street, Kolkata, West Bengal, India – 700001.
Reliable Equity operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Reliable Equity is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.