About Reliance Bally India Private Limited
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Reliance Bally India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 18 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52321MH2016PTC287767. Its GSTIN is 27AAICR0137N1Z4 (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.7 Cr. It was formerly known as Reliance Luxury Fashion Private Limited. It is led by directors including Hetal Jignesh Rathod and Gianfranco Palermo.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8th Floor Maker Tower E Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.35 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 3.7%) and EBITDA of ₹2.65 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 25% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bally.in.
Company details
Contact details
Reliance Bally India Private Limited's registered office is in Mumbai, Maharashtra. Its website is bally.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Maker Tower E Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Reliance Bally India 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
Business activity
The main business activity of Reliance Bally India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles and retail trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Reliance Bally India Private Limited, buy the company report.
Financials of Reliance Bally India Private Limited
FY 2025 filings availableReliance Bally India Private Limited reported revenue of ₹27.35 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 43% 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 | ₹2.65 Cr | ||||
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| Net Profit (PAT) | ₹1.02 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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| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Reliance Bally India Private Limited, buy the company report.
Board of directors of Reliance Bally India Private Limited
Reliance Bally India has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hetal Jignesh Rathod Also directs: Diesel Fashion India Reliance Private Limited, Reliance Brands Eyewear Private Limited, Reldel Apparel Private Limited and 5 more | Director | 07 Dec 2023 | 2 Years 11 Months | Current |
| Gianfranco Palermo | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Nicolas Daniel Girotto | Director | 28 Mar 2023 | 3 Years 7 Months | Current |
| Maria Savvidou Also directs: Selling Simplified India Private Limited | Director | 13 Mar 2025 | 1 Years 7 Months | Current |
| Stylianos Efstathiou | Director | 13 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Reliance Bally India Private Limited is audited by Chaturvedi & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2023 | 101720W/W100355 |
Shareholding
The shareholding of Reliance Bally India 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Bally India Private Limited, buy the company report.
Deals & funding
Reliance Bally India Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹2.5 Cr | Investors: Reliance Brands Limited , Bally International AG |
| Oct 2017 | Rights issue | ₹7.19 Cr | Investors: Bally International AG, Reliance Brands Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Reliance Brands Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Reliance Bally India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Bally India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reliance Bally India Private Limited has a workforce of 14 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Reliance Bally India has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICR0137N1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 27AAICR0137N3Z2 | Maharashtra | Active | 01 Mar 2018 |
| 06AAICR0137N1Z8 | Haryana | Active | 01 Jul 2017 |
| 07AAICR0137N1Z6 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Bally India Private Limited, buy the company report.
Recent activity
Reliance Bally India Private Limited has 14 board changes on record since 2018: 5 appointments and 9 cessations. The latest: Maria Savvidou ceased to be Additional Director on 16 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Reliance Bally India is an active private limited company based in Mumbai, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 18 November 2016 (10+ years old) and is registered under CIN U52321MH2016PTC287767.
Reliance Bally India has 5 current directors:
- Hetal Jignesh Rathod - Director
- Gianfranco Palermo - Director
- Nicolas Daniel Girotto - Director
- Maria Savvidou - Director
- Stylianos Efstathiou - Director
The latest financial statements of Reliance Bally India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Reliance Bally India is 27AAICR0137N1Z4, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAICR0137N3Z2 (Maharashtra), 06AAICR0137N1Z8 (Haryana), 07AAICR0137N1Z6 (Delhi).
The CIN (Corporate Identification Number) of Reliance Bally India is U52321MH2016PTC287767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Bally India was incorporated on 18 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Reliance Bally India has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in February 2020.
Maria Savvidou ceased to be Additional Director on 16 Sep 2025. Stylianos Efstathiou ceased to be Additional Director on 16 Sep 2025. Vikas Tandon ceased to be Additional Director on 04 Jul 2025. Reliance Bally India has 14 board changes on record in total.
Reliance Bally India can be reached through the website bally.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Reliance Bally India is at 8th Floor Maker Tower E Cuffe Parade, Mumbai, Maharashtra, India – 400005.
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