Reliance Communications Enterprises Private Limited
About Reliance Communications Enterprises Private Limited
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Reliance Communications Enterprises Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Innoventures Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial holding companies segment of the financial services sector. It was incorporated on 30 January 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U64200MH2006PTC159355. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹1.42 Cr. It was formerly known as Aaa Communication Private Limited. It was led by directors Pankaj Shardul Pandya and Devang Ramanlal Desai.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 502 Plot No. 91/94 Prabhat Colony Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2022, the company reported a revenue of ₹29,588, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.5 Lakh and EBITDA of -₹1.5 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 74% over five years.
As per MCA filings, the company had satisfied charges of ₹2,561.67 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company. The company has 17 deals on record (8 secondary share transfers, 7 funding rounds, 2 debt financings), with disclosed funding of ₹8,143.13 Cr; the latest was in January 2018.
Company details
Contact details
Reliance Communications Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address502 Plot No. 91/94 Prabhat Colony Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Reliance Communications Enterprises 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 Reliance Communications Enterprises Private Limited
FY 2022 filings availableReliance Communications Enterprises Private Limited reported revenue of ₹29,588 (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA rose 100% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.5 Lakh | ||||
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| Net Profit (PAT) | -₹1.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Reliance Communications Enterprises Private Limited, buy the company report.
Board of directors of Reliance Communications Enterprises Private Limited
Reliance Communications Enterprises has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Shardul Pandya | Director | 21 Dec 2020 | 5 Years 10 Months | As last reported |
| Devang Ramanlal Desai Also directs: Reliance Exchangenext Limited, Ricspl Services Private Limited, Reliance Limited and 5 more | Director | 21 Dec 2020 | 5 Years 10 Months | As last reported |
Auditor
Reliance Communications Enterprises Private Limited is audited by M S SETHI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S SETHI & ASSOCIATES | FY 2021 | 109407W |
Shareholding
The shareholding of Reliance Communications Enterprises Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Communications Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2018 | 100221657 | Others | ₹75 Cr | Satisfied | |
| 26 Mar 2018 | 100227893 | Others | ₹75 Cr | Satisfied | |
| 26 Mar 2018 | 100171303 | Others | ₹50 Cr | Satisfied | |
| 26 Mar 2018 | 100171300 | Others | ₹75 Cr | Satisfied | |
| 24 Nov 2016 | 100062529 | Others | ₹511.67 Cr | Satisfied |
To see the full charge records of Reliance Communications Enterprises Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Reliance Communications Enterprises Private Limited has 17 deals on record (8 secondary share transfers, 7 funding rounds, 2 debt financings), with disclosed funding of ₹8,143.13 Cr; the latest was in January 2018.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Debt financing | ₹5,799.25 Cr | Investors: Edico Ventures Private Limited , Kunjibihari Developers Private Limited, Dinanatha Developers Private Limited |
| Jan 2018 | Secondary share transfer | Undisclosed | Seller: Reliance Innoventures Private Limited |
| Dec 2017 | Debt financing | ₹550 Cr | Investors: Acme Wind Power (Tenkasi) Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: Reliance Innoventures Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Seller: Reliance Innoventures Private Limited , Reliance Interactive Advisors Private Limited |
To see the full deal history of Reliance Communications Enterprises Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reliance Communications Enterprises Private Limited has 8 court cases on record: 8 filed by Reliance Communications Enterprises. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Reliance Communications Enterprises 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 Reliance Communications Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reliance Communications Enterprises has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reliance Communications Enterprises Private Limited, buy the company report.
Recent activity
Reliance Communications Enterprises Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Devang Ramanlal Desai ceased to be Additional Director on 30 Dec 2020.
27 earlier events are in the company report.
Frequently asked questions
Reliance Communications Enterprises 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 Communications Enterprises was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial holding companies, within the financial services industry. It was incorporated on 30 January 2006 and is registered under CIN U64200MH2006PTC159355. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliance Communications Enterprises was incorporated on 30 January 2006. It is registered with the Registrar of Companies, Mumbai.
Reliance Communications Enterprises had 2 directors:
- Pankaj Shardul Pandya - Director
- Devang Ramanlal Desai - Director
The CIN (Corporate Identification Number) of Reliance Communications Enterprises is U64200MH2006PTC159355. 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 Reliance Communications Enterprises is at 502 Plot No. 9194 Prabhat Colony Santacruz East, Mumbai, Maharashtra, India – 400055.
The latest financial statements of Reliance Communications Enterprises on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from 2015 are in the company report.
No. Reliance Communications Enterprises has 1 GST registration on record and it is cancelled or inactive.
Reliance Communications Enterprises operated in the financial services industry, in the financial holding companies segment.
Reliance Communications Enterprises has 17 deals on record (8 secondary share transfers, 7 funding rounds, 2 debt financings), with disclosed funding of ₹8,143.13 Cr; the latest was in January 2018.