About Reliance Money Express Limited
Data last updated: 25 July 2025
Reliance Money Express Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Capital Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in financial services and investment, a part of the broader financial services sector. Incorporated on 28 November 2002.
Registered with ROC Mumbai under CIN U74999MH2002PLC138032.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹13.81 Cr. Formerly known as Reliance Money Express Private Limited. It was led by directors including Sushilkumar Agrawal and Ganesh Janardhan Pai.
Last AGM: 29 September 2016. Financial statements filed for year ended 31 March 2016. Office: 11Th Floor R – Tech It Park Western Express Highway Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2016, the company reported a revenue of ₹28.63 Cr, a decline of 32% compared to the previous year.
It operated as a subsidiary of Reliance Capital Ltd.
As per MCA filings, the company had satisfied charges of ₹62.09 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is relianceada.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered Address11Th Floor R – Tech It Park Western Express Highway Goregaon (East), Mumbai, Maharashtra, India – 400063
-
IndustryFinancial Services, Financial Activities
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Reliance Money Express Limited
Reliance Money Express Limited has one previous CIN (Corporate Identification Number): U74999MH2002PTC138032. The current CIN is U74999MH2002PLC138032, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2002PLC138032 | Current |
| U74999MH2002PTC138032 | Previous |
Business Activity of Reliance Money Express Limited
Reliance Money Express Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | ********* |
Auditor Details of Reliance Money Express Limited
Reliance Money Express Limited is audited by Chaturvedi & Shah for the financial year 2016. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chaturvedi & Shah | blur-value | blur-value | blur-value |
Board of Directors of Reliance Money Express Limited
Reliance Money Express Limited is currently managed by 5 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sushilkumar Agrawal
Also directs:
Margo Finance Limited, Globesecure Technologies Limited, Dole Shipping Corporation Limited and 5 more
|
Director | 25 Mar 2015 | 11 Years 3 Months | As last reported |
| Ganesh Janardhan Pai | Manager | 01 Aug 2014 | 11 Years 11 Months | As last reported |
|
Mihir Kanak Sundhani
Also directs:
Aureum Indicap Llp
|
Director | 18 Mar 2015 | 11 Years 3 Months | As last reported |
|
Satyendra Mohanlal Sarupria
Also directs:
Bismarck World Private Limited
|
Director | 25 Mar 2015 | 11 Years 3 Months | As last reported |
Financials of Reliance Money Express Limited FY 2024 filings available
Reliance Money Express Limited reported revenue of ₹24,247 Cr (up 27.37% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹24,247 Cr | ₹19,037 Cr | ₹19,273 Cr | ₹19,250 Cr | ₹18,323 Cr |
| Interest Earned | ₹3,287.18 Cr | - | ₹2,665 Cr | ₹3,076 Cr | ₹5,197 Cr |
| Other Income | ₹196.26 Cr | ₹276.04 Cr | ₹30 Cr | ₹58 Cr | ₹36 Cr |
| Total Income | ₹24,444 Cr | ₹19,313 Cr | ₹19,303 Cr | ₹19,308 Cr | ₹18,359 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1,684.78 Cr | ₹1,567.55 Cr | ₹1,469 Cr | ₹1,372 Cr | ₹1,507 Cr |
| Finance Costs | ₹38.79 Cr | ₹299.42 Cr | ₹2,190 Cr | ₹2,741 Cr | ₹3,969 Cr |
| Depreciation & Amortisation | ₹114.34 Cr | ₹115.93 Cr | ₹112 Cr | ₹105 Cr | ₹123 Cr |
| Other Expenses | ₹19,569 Cr | ₹16,708 Cr | ₹16,280 Cr | ₹16,140 Cr | ₹11,770 Cr |
| Total Expenses | ₹23,966 Cr | ₹20,973 Cr | ₹26,884 Cr | ₹27,658 Cr | ₹24,488 Cr |
| Profit Before Exceptional Items & Tax | ₹477.46 Cr | -₹1,659.93 Cr | -₹7,581 Cr | -₹8,350 Cr | -₹6,129 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹477.46 Cr | -₹1,659.93 Cr | -₹7,581 Cr | -₹8,350 Cr | -₹6,129 Cr |
| Total Tax Expense | ₹45.36 Cr | ₹105.14 Cr | ₹146 Cr | ₹173 Cr | -₹24 Cr |
| Net Profit | ₹441.65 Cr | -₹1,759.42 Cr | -₹8,055 Cr | -₹9,287 Cr | -₹1,199 Cr |
| attributable to Owners | ₹232.58 Cr | -₹1,778.56 Cr | -₹8,116 Cr | -₹9,404 Cr | -₹1,075 Cr |
| attributable to NCI | ₹209.07 Cr | ₹19.1 Cr | ₹61 Cr | ₹117 Cr | -₹125 Cr |
| Other Comprehensive Income | ₹480.96 Cr | -₹258.48 Cr | -₹176 Cr | -₹73 Cr | ₹116 Cr |
| Total Comprehensive Income | ₹922.61 Cr | -₹2,017.9 Cr | -₹8,231 Cr | -₹9,360 Cr | -₹1,083 Cr |
| EBITDA (computed) | ₹630.59 Cr | -₹1,244.58 Cr | -₹5,279 Cr | -₹5,504 Cr | -₹2,037 Cr |
| Basic EPS | ₹9.27 | ₹-70.07 | ₹-320.80 | ₹-369.82 | ₹-47.79 |
| Diluted EPS | ₹9.27 | ₹-70.07 | ₹-320.80 | ₹-369.82 | ₹-47.79 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹74,987 Cr | ₹66,341 Cr |
| Property, Plant & Equipment | ₹185.08 Cr | ₹141.6 Cr |
| Inventories | ₹28.57 Cr | ₹30.38 Cr |
| Cash & Equivalents | ₹788.27 Cr | ₹694.79 Cr |
| Equity (Net Worth) | -₹9,931.32 Cr | -₹11,229 Cr |
| Equity Share Capital | ₹253.24 Cr | ₹253.24 Cr |
| Total Liabilities | - | ₹77,570 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | ₹5,817.24 Cr | ₹5,249.03 Cr | ₹4,026 Cr |
| Investing Cash Flow | -₹5,677.95 Cr | -₹4,898.57 Cr | -₹3,357 Cr |
| Financing Cash Flow | -₹45.81 Cr | -₹843.68 Cr | -₹48 Cr |
| Capital Expenditure | ₹183.76 Cr | ₹100.68 Cr | ₹124 Cr |
| Free Cash Flow (computed) | ₹5,633.48 Cr | ₹5,148.35 Cr | ₹3,902 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹93.48 Cr | -₹493.22 Cr | ₹621 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Commercial finance | ₹0 | ₹0 | - | - |
| Finance and investments | ₹218.56 Cr | -₹358.56 Cr | - | - |
| General insurance | ₹14,484 Cr | ₹510.63 Cr | - | - |
| Life insurance | ₹9,554.96 Cr | ₹318.92 Cr | - | - |
| Others | ₹218.84 Cr | ₹16.03 Cr | - | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹41.08 Cr | ₹19.52 Cr | ₹16.12 Cr | ₹563.1 Cr | ₹1,389 Cr |
| Interest Earned | ₹20.07 Cr | - | ₹5 Cr | ₹542 Cr | ₹1,258 Cr |
| Other Income | ₹11.64 Cr | ₹1.46 Cr | ₹6 Lakh | ₹11 Lakh | ₹4 Cr |
| Total Income | ₹52.72 Cr | ₹20.98 Cr | ₹16.18 Cr | ₹563.21 Cr | ₹1,393 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹3.53 Cr | ₹8.23 Cr | ₹16 Cr | ₹11 Cr | ₹50 Cr |
| Finance Costs | ₹1 Lakh | ₹30 Lakh | ₹1,109 Cr | ₹1,712 Cr | ₹1,764 Cr |
| Depreciation & Amortisation | ₹3.25 Cr | ₹4.12 Cr | ₹6 Cr | ₹9 Cr | ₹35 Cr |
| Other Expenses | ₹25.75 Cr | ₹90.56 Cr | ₹17 Cr | ₹25 Cr | ₹45 Cr |
| Total Expenses | ₹285.45 Cr | ₹1,728.68 Cr | ₹1,121.71 Cr | ₹11,535 Cr | ₹6,858 Cr |
| Profit Before Exceptional Items & Tax | -₹232.73 Cr | -₹1,707.7 Cr | -₹1,105.53 Cr | -₹10,972 Cr | -₹5,465 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹232.73 Cr | -₹1,707.7 Cr | -₹1,105.53 Cr | -₹10,972 Cr | -₹5,465 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹232.73 Cr | -₹1,707.7 Cr | -₹1,105.53 Cr | -₹10,972 Cr | -₹5,465 Cr |
| Other Comprehensive Income | -₹18 Lakh | -₹7.79 Cr | -₹7 Lakh | -₹10 Cr | -₹31 Cr |
| Total Comprehensive Income | -₹232.91 Cr | -₹1,715.49 Cr | -₹1,105.6 Cr | -₹10,982 Cr | -₹5,496 Cr |
| EBITDA (computed) | -₹229.47 Cr | -₹1,703.28 Cr | ₹9.47 Cr | -₹9,250.79 Cr | -₹3,666 Cr |
| Basic EPS | ₹9.27 | ₹-68.01 | ₹-44.04 | ₹-436.92 | ₹-217.63 |
| Diluted EPS | ₹9.27 | ₹-68.01 | ₹-44.04 | ₹-436.92 | ₹-217.63 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹11,867 Cr | ₹12,142 Cr |
| Property, Plant & Equipment | ₹34.3 Cr | ₹39.31 Cr |
| Inventories | ₹0 | ₹0 |
| Cash & Equivalents | ₹301.01 Cr | ₹210.04 Cr |
| Equity (Net Worth) | -₹10,671 Cr | -₹10,431 Cr |
| Equity Share Capital | ₹253.24 Cr | ₹253.24 Cr |
| Total Liabilities | - | ₹22,573 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹530.99 Cr | ₹67.61 Cr | ₹43.16 Cr |
| Investing Cash Flow | ₹649.96 Cr | ₹58.49 Cr | ₹39 Cr |
| Financing Cash Flow | -₹28 Cr | ₹0 | ₹0 |
| Capital Expenditure | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹530.99 Cr | ₹67.61 Cr | ₹43.16 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹90.97 Cr | ₹126.1 Cr | ₹82.16 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Finance | ₹20.07 Cr | -₹508.99 Cr | - | - |
| Investments | ₹21.01 Cr | ₹297.16 Cr | - | - |
| Lease / Rental | ₹0 | ₹0 | - | - |
| Others | ₹11.64 Cr | ₹11.64 Cr | - | - |
Shareholding Pattern of Reliance Money Express Limited
As of FY 2016, Reliance Money Express Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Reliance Money Express Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2008 | Axis Bank Limited | ₹55 Cr | Satisfied |
| 10 Oct 2001 | Housing Development Finance Corpn. Ltd. | ₹3 Cr | Satisfied |
| 06 Oct 1995 | Housing Development Finance Corporation Ltd. | ₹1 Cr | Satisfied |
| 19 Jun 1995 | Sbi Homes Finance Ltd. | ₹90 Lakh | Satisfied |
| 13 Jun 1995 | Sbi Homes Finance Ltd. | ₹90 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Reliance Money Express Limited
Reliance Money Express Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Reliance Money Express Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Reliance Money Express Limited
GSTIN & GST Filing Data of Reliance Money Express Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Reliance Money Express Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Reliance Money Express Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Reliance Money Express Limited
MSME Payment Delays by Reliance Money Express Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Reliance Money Express Limited
Subsidiaries & Group Companies of Reliance Money Express Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Reliance Money Express Limited with ownership details.
MCA Filings & Documents of Reliance Money Express Limited
MCA Filings & Documents of Reliance Money Express Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Reliance Money Express Limited
Recent News on Reliance Money Express Limited
Frequently Asked Questions about Reliance Money Express Limited
Reliance Money Express Limited 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.
Reliance Money Express Limited is a amalgamated public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 28 November 2002 and is registered under CIN U74999MH2002PLC138032. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Reliance Money Express Limited was incorporated on 28 November 2002. Registered with ROC Mumbai.
The current directors of Reliance Money Express Limited are:
- Sushilkumar Agrawal
- Ganesh Janardhan Pai
- Mihir Kanak Sundhani
- Satyendra Mohanlal Sarupria
- Vipul Brij Kishore Goyal
The CIN (Corporate Identification Number) of Reliance Money Express Limited is U74999MH2002PLC138032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Reliance Money Express Limited is financial services. The company specifically operates in financial activities.