Reliable Innovative Services Private Limited

Reliable Innovative Services Private Limited - professional services in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U74900PB2014PTC038843 Incorporated 19 August 2014 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company professional services MSME · Micro
Data last updated
Revenue · FY 2024
₹19.88 Lakh
▼ 2% YoY
Net profit · FY 2024
₹1.18 Lakh
Net margin 5.9%
EBITDA · FY 2024
₹1.65 Lakh
EBITDA margin 8.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Reliable Innovative Services Private Limited

Data last updated:

Reliable Innovative Services Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 19 August 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74900PB2014PTC038843.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Taranjeet Singh and Rupinder Singh.

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 B – 22 – 3245 Super Market Chet Sing Nagar Gill Road, Ludhiana, Punjab, India – 141003.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.88 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Lakh (net margin 5.9%) and EBITDA of ₹1.65 Lakh (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.

Reliable Innovative Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0019840). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliable121.com.

Company details

CIN U74900PB2014PTC038843
Registration Number 038843
Incorporation Date 19 August 2014
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0019840

Recognitions & Rankings of Reliable Innovative Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-12-0019840

Contact details

Reliable Innovative Services Private Limited's registered office is in Ludhiana, Punjab. Its website is reliable121.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 22 – 3245 Super Market Chet Sing Nagar Gill Road, Ludhiana, Punjab, India – 141003
  • Industry
    Professional Services, Accounting, Taxation, Book Keeping

To see the full contact details of Reliable Innovative Services Private Limited, buy the company report.

Comprehensive company report
Reliable Innovative Services Private 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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Business activity

The main business activity of Reliable Innovative Services is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM2Accounting, book keeping and auditing activities, tax consultancy

To see the full business activity and turnover split of Reliable Innovative Services Private Limited, buy the company report.

Financials of Reliable Innovative Services Private Limited

FY 2025 filings available

Reliable Innovative Services Private Limited reported revenue of ₹19.88 Lakh (down 2% YoY) for FY 2024.

Revenue · FY 2024
₹19.88 Lakh ▼ 2%
Net profit · FY 2024
₹1.18 Lakh margin 5.9%
EBITDA · FY 2024
₹1.65 Lakh margin 8.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 1%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 7%
5 years · compounded
▲ 32%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.65 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.18 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.3%
Net Profit Margin5.9%
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 Reliable Innovative Services Private Limited, buy the company report.

Board of directors of Reliable Innovative Services Private Limited

Reliable Innovative Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Taranjeet SinghDirector16 Jul 20188 Years 3 MonthsCurrent
Rupinder SinghDirector30 May 20233 Years 4 MonthsCurrent

Peer comparison

Reliable Innovative Services Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Arch Corporate Advisors Private Limited₹19.9 Lakh (FY 2025)-1.0%Delhi, India
RGS Financial Advisors Private Limited₹19.9 Lakh (FY 2025)3.0%Delhi, India
Yep Consultants Private Limited₹19.88 Lakh (FY 2025)17.0%Delhi, India
Reliable Innovative Services Private Limitedthis company₹19.88 Lakh (FY 2024)₹1.18 Lakh5.9%-2.0%Ludhiana, Punjab, India
Sankhye Accounting Solutions Private Limited₹19.88 Lakh (FY 2025)6.0%Bangalore, Karnataka, India
Bright Taxcorp Consultants Private Limited₹19.88 Lakh (FY 2024)0.0%Surat, Gujarat, India
Mesure Advisers Private Limited₹19.87 Lakh (FY 2025)5.0%Jaipur, Rajasthan, India

To see the full peer comparison of Reliable Innovative Services Private Limited, buy the company report.

Auditor

Reliable Innovative Services Private Limited is audited by Anil K Sareen and Associations for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Anil K Sareen and AssociationsFY 2017019371N

Shareholding

The shareholding of Reliable Innovative Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Reliable Innovative Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Reliable Innovative Services 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 Innovative Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Reliable Innovative Services Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Anureet Kaur ceased to be Director on 30 May 2023.

AGM
Reliable Innovative Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Reliable Innovative Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Ceased
Anureet Kaur ceased to be Director.
Appointed
Rupinder Singh was appointed as Director.
Ceased
Harjot Pal Singh ceased to be Director.
Ceased
Jatinder Pal Singh ceased to be Managing Director.
Ceased
Sukhvinder Kaur ceased to be Director.
Appointed
Taranjeet Singh was appointed as Director.
Incorporation
19 Aug 2014
Reliable Innovative Services Private Limited was registered on 19 Aug 2014 with Roc Chandigarh & aged 12 years 2 months as per MCA records.

Frequently asked questions

Reliable Innovative Services is an active private limited company based in Ludhiana, Punjab, India. The company works in accounting, within the professional services industry. It was incorporated on 19 August 2014 (12+ years old) and is registered under CIN U74900PB2014PTC038843.

Reliable Innovative Services has 2 current directors:

The latest financial statements of Reliable Innovative Services 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 Innovative Services is U74900PB2014PTC038843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Reliable Innovative Services was incorporated on 19 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Reliable Innovative Services by revenue are Arch Corporate Advisors Private Limited, RGS Financial Advisors Private Limited, Yep Consultants Private Limited, Sankhye Accounting Solutions Private Limited, Bright Taxcorp Consultants Private Limited and 1 more, all in the Outsourcing industry (Accounting and Financial Analysis), with the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).

Anureet Kaur ceased to be Director on 30 May 2023. Rupinder Singh was appointed as Director on 30 May 2023. Harjot Pal Singh ceased to be Director on 01 Apr 2022. Reliable Innovative Services has 6 board changes on record in total.

Yes, Reliable Innovative Services is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0019840).

Reliable Innovative Services can be reached through the website reliable121.com. Its registered office is in Ludhiana, Punjab, India.

The registered office of Reliable Innovative Services is at B – 22 – 3245 Super Market Chet Sing Nagar Gill Road, Ludhiana, Punjab, India – 141003.

Reliable Innovative Services operates in the professional services industry, in the accounting segment.