About Reliable Spaces Private Limited
Data last updated:
Reliable Spaces Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 June 2002.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2002PTC136234. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.5 Cr. It was formerly known as Reliable Fashions Private Limited. It was led by directors including Raphael Sequeira (Managing Director) and Cletus Aaron Stany Dlima.
Its last annual general meeting (AGM) was held on 16 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office was at Reliable House Opp. Huma Mall Kanjurmarg (W), Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2022, the company reported a revenue of ₹70.01 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹13.7 Cr (net margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company was associated with 1 brand: Reliable Spaces. Court records list 15 cases involving the company, including 11 filed by the company and 4 filed against it; 4 cases are pending.
The last known website on record is reliablespaces.com.
Company details
Contact details
Reliable Spaces Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressReliable House Opp. Huma Mall Kanjurmarg (W), Mumbai, Maharashtra, India – 400078
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Spaces operates one associated brand: Reliable Spaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential properties, managing planning, construction, and sales. | reliablespaces.com |
Financials of Reliable Spaces Private Limited
FY 2013 filings availableReliable Spaces Private Limited reported revenue of ₹70.01 Cr (up 28% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 28% growth 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
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| Net Profit (PAT) | ₹13.7 Cr | ||||
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Financial Ratios
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| Net Profit Margin | 19.6% | ||||
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To see the full financial statements and ratios of Reliable Spaces Private Limited, buy the company report.
Board of directors of Reliable Spaces Private Limited
Reliable Spaces has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cletus Aaron Stany Dlima Also directs: Reliable Spaces Private Limited, Reliable Clothing Private Limited, Reliable Infra Project Private Limited and 5 more | Director | 19 Mar 2012 | 14 Years 7 Months | As last reported |
| Colette Cletus Aaron Dlima Also directs: Reliable Spaces Private Limited, Reliable Clothing Private Limited, Reliable Infra Project Private Limited and 5 more | Director | 28 Jan 2008 | 18 Years 9 Months | As last reported |
| Raphael Sequeira | Managing Director | 18 Jun 2002 | 24 Years 4 Months | As last reported |
| Clotilda Raphael Sequeira Also directs: Reliable Spaces Private Limited, Reliable Clothing Private Limited, Reliable Infra Project Private Limited and 5 more | Director | 18 Jun 2002 | 24 Years 4 Months | As last reported |
Peer comparison
Reliable Spaces Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lakhani Builders Private Limited | ₹70.27 Cr (FY 2025) | 253.0% | Navi Mumbai, Maharashtra, India | |||
| Heerkani Real Estate Private Limited | ₹70.25 Cr (FY 2024) | -16.0% | Baramati, Maharashtra, India | |||
| Walkwater Properties Private Limited | ₹70.18 Cr (FY 2023) | 122.0% | Mumbai, Maharashtra, India | |||
| Prakratee Akshay Enterprise Private Limited | ₹70.16 Cr (FY 2025) | -18.0% | Delhi, India | |||
| PPR Infrastructure Limited | ₹70.1 Cr (FY 2025) | 95.0% | Jalandhar, Punjab, India | |||
| Reliable Spaces Private Limitedthis company | ₹70.01 Cr (FY 2022) | ₹13.7 Cr | 19.6% | 28.0% | Mumbai, Maharashtra, India | |
| Indus Valley Promoters Limited | ₹70.01 Cr (FY 2025) | 30.0% | New Delhi, Delhi, India | |||
| Rajarajeshware Builddcon Private Limited | ₹70 Cr (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| M. F. Farmlands Private Limited | ₹69.98 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India | |||
| R.P Realtech Private Limited | ₹69.93 Cr (FY 2024) | -1.0% | Delhi, India | |||
| CHB Buildcare Private Limited | ₹69.91 Cr (FY 2024) | 5.0% | Delhi, India |
To see the full peer comparison of Reliable Spaces Private Limited, buy the company report.
Legal cases
Reliable Spaces Private Limited has 15 court cases on record: 11 filed by Reliable Spaces, 4 filed against it. 4 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 4 | 4 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Best Deal TV Pvt. Ltd and Others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Maharashtra State Electricity Distribution Company Ltd. M.S.E.D.C.L. and 5 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Evonik India Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Bank of India | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Bank of India | Pending |
To see the full case history of Reliable Spaces 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.
Credit ratings & regulatory alerts
Reliable Spaces Private Limited was last rated by Care on 11 Aug 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Aug 2025 |
To see the full credit ratings and regulatory alerts of Reliable Spaces Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliable Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reliable Spaces has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reliable Spaces Private Limited, buy the company report.
Recent activity
Reliable Spaces Private Limited has 5 board changes on record since 2002: 4 appointments and 1 cessation. The latest: Cletus Aaron Stany Dlima ceased to be Additional Director on 28 Sep 2012.
Frequently asked questions
Reliable Spaces has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Reliable Spaces was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 June 2002 and is registered under CIN U18101MH2002PTC136234. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliable Spaces was incorporated on 18 June 2002. It is registered with the Registrar of Companies, Mumbai.
Reliable Spaces had 4 directors:
- Raphael Sequeira - Managing Director
- Cletus Aaron Stany Dlima - Director
- Colette Cletus Aaron Dlima - Director
- Clotilda Raphael Sequeira - Director
The CIN (Corporate Identification Number) of Reliable Spaces is U18101MH2002PTC136234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Reliable Spaces is at Reliable House Opp. Huma Mall Kanjurmarg W, Mumbai, Maharashtra, India – 400078.
Reliable Spaces can be reached through the website reliablespaces.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Reliable Spaces on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 16 September 2013. Year-wise statements from 2015 are in the company report.
No. Reliable Spaces has 2 GST registrations on record and all of them are cancelled or inactive.
Reliable Spaces operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Reliable Spaces by revenue are Lakhani Builders Private Limited, Heerkani Real Estate Private Limited, Walkwater Properties Private Limited, Prakratee Akshay Enterprise Private Limited, PPR Infrastructure Limited and 5 more, all in the Real Estate industry (Builders and Developers).