About Reliance Projects & Property Management Services Limited
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Reliance Projects & Property Management Services Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Reliance Industries Limited. It operates in the business support services segment of the business services sector. It was incorporated on 19 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72501GJ2019PLC108755. Its GSTIN is 24AAJCR6636B1ZI (Gujarat). The company holds 37 GST registrations, of which 35 are active.
The company has an authorised share capital of ₹18,159 Cr and a paid-up capital of ₹100 Cr. It was formerly known as Reliance Digital Platform & Project Services Limited. It is led by directors including Jayant Shrikrishna Bhalerao (Whole-Time Director) and Sanjay Jog.
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 Office – 101 Saffron Nr Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹9,323.2 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹378.71 Cr (net margin 4.1%) and EBITDA of ₹600.66 Cr (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 8% over five years.
The company has about 17,502 employees on its provident fund (EPFO) records. Its group structure includes 13 subsidiaries.
As per MCA filings, the company has open charges of ₹90,352 Cr on record. Court records list 176 cases involving the company, including 80 filed by the company and 96 filed against it; 74 cases are pending. The company has 8 deals on record (2 acquisitions, 2 funding rounds, 2 debt financings), with disclosed funding of ₹43,656 Cr; the latest was in March 2025.
For more details, the company can be reached via its website ril.com.
Company details
Contact details
Reliance Projects & Property Management Services Limited's registered office is in Ahmedabad, Gujarat. Its website is ril.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice – 101 Saffron Nr Centre Point Panchwati 5 Rasta Ambawadi, Ahmedabad, Gujarat, India – 380006
- IndustryBusiness Services, Business Support Services
To see the full contact details of Reliance Projects & Property Management Services 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 activities of Reliance Projects & Property Management Services are support service to organizations and information and communication. In detail, this covers other support services to organizations, data processing, hosting and related activities; web portal and placement agencies and hr management services. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | |
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Reliance Projects & Property Management Services Limited, buy the company report.
Financials of Reliance Projects & Property Management Services Limited
FY 2025 filings availableReliance Projects & Property Management Services Limited reported revenue of ₹9,323.2 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 36% fall in the latest year. EBITDA fell 14% 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 | ₹600.66 Cr | ||||
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| Net Profit (PAT) | ₹378.71 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 | 6.4% | ||||
| Net Profit Margin | 4.1% | ||||
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To see the full financial statements and ratios of Reliance Projects & Property Management Services Limited, buy the company report.
Board of directors and KMP of Reliance Projects & Property Management Services Limited
Reliance Projects & Property Management Services Limited currently reports 8 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Jog Also directs: Reliance Retail Limited | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
| Rajkumar Mullick Also directs: The Indian Film Combine Pvt Ltd, Crystalline Silica and Mining Limited, Reliance Chemicals and Materials Limited and 4 more | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
| Jayant Shrikrishna Bhalerao | Whole-Time Director | 24 Sep 2021 | 5 Years 1 Months | Current |
| Shiv Kumar Bhardwaj Also directs: Sintex Industries Limited, Actoserba Active Wholesale Limited, Purple Panda Fashions Limited and 5 more | Director | 28 Apr 2021 | 5 Years 6 Months | Current |
| Dhiren Vrajlal Dalal Also directs: Reliance Services and Holdings Limited, GTPL Hathway Limited, Hathway Bhawani Cabletel and Datacom Limited and 5 more | Director | 28 Apr 2021 | 5 Years 6 Months | Current |
| Mayur Harshadkumar Patel Also directs: Dronagiri Pagote South First Infra Limited, Dronagiri Navghar West Infra Limited, Kalamboli South Infra Limited and 5 more | Cfo | 19 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Reliance Projects & Property Management Services 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 Projects & Property Management Services Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Reliance Projects & Property Management Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2020 | 100334391 | Axis Bank Limited | ₹10 Cr | Open | |
| 15 Sep 2018 | 100203278 | State Bank of India | ₹46,243 Cr | Open | |
| 30 May 2017 | 100100251 | Others | ₹200 Cr | Open | |
| 13 Feb 2017 | 100076824 | Others | ₹500 Cr | Open | |
| 08 Feb 2017 | 100075983 | Others | ₹250 Cr | Open |
To see the full charge records of Reliance Projects & Property Management Services Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Reliance Projects & Property Management Services Limited has 8 deals on record (2 acquisitions, 2 funding rounds, 2 debt financings), with disclosed funding of ₹43,656 Cr; the latest was in March 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹30,500 Cr | Investors: Reliance Industries Limited |
| Apr 2022 | Acquisition | Undisclosed | Buyer: Studio 18 Media Private Limited Seller: Reliance Projects & Property Management Services Limited |
| Mar 2022 | Acquisition | ₹20,000 Cr | Buyer: Reliance Industries Limited |
| Apr 2021 | Debt financing | ₹3,500 Cr | Investors: Jio Credit Limited |
| Sep 2019 | Funding round | ₹100.01 Cr | Investors: Reliance Industries Limited , Reliance Industrial Investments and Holdings Limited |
To see the full deal history of Reliance Projects & Property Management Services 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 Projects & Property Management Services Limited has 176 court cases on record: 80 filed by Reliance Projects & Property Management Services, 96 filed against it. 74 cases are pending and 102 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 101 | 60 | 57 |
| High courts | 57 | 23 | 13 |
| NCLAT | 9 | 9 | 1 |
| NCLT | 4 | 1 | 0 |
| Supreme Court | 5 | 3 | 3 |
Cases on record (5 of 176)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4501-Telegraph & Telecom Laws : Telegraph & Telecom laws) | Filed by the company against Union of India and 32 others | Pending |
| Supreme Court | Court case (4501-Telegraph & Telecom Laws : Telegraph & Telecom laws) | Filed by the company against State of Haryana and 8 others | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Purvanchal Vidyut Vitran Nigam Limited | Pending |
| High Court of Kerala | Writ petition | Filed by the company against Reliance Jio Infocomm Ltd., and 2 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against , Ahmedabad and 3 others | Pending |
To see the full case history of Reliance Projects & Property Management Services 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 Projects & Property Management Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reliance Projects & Property Management Services has 13 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Reliance Petro Materials Limited | U24290MH2022PLC392646 | |
| Reliance Chemicals and Materials Limited | U24304MH2022PLC392999 | |
| Reliance New Energy Power Electronics Limited | U31904MH2021PLC363881 | |
| Reliance New Energy Hydrogen Electrolysis Limited | U40101MH2021PLC363183 | |
| Reliance New Energy Carbon Fibre Cylinder Limited | U40106MH2021PLC362691 | |
| Reliance Hydrogen Fuel Cell Limited | U40106MH2021PLC368453 |
To see the full group structure of Reliance Projects & Property Management Services Limited, buy the company report.
Employees & EPFO
Reliance Projects & Property Management Services Limited has a workforce of 17,502 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Reliance Projects & Property Management Services has 37 GST registrations: 35 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCR6636B1ZI | Gujarat | Active | 31 Aug 2019 |
| 27AAJCR6636B2ZB | Maharashtra | Active | 01 Aug 2019 |
| 01AAJCR6636B1ZQ | Jammu and Kashmir | Active | 30 Aug 2019 |
| 10AAJCR6636B1ZR | Bihar | Active | 30 Aug 2019 |
To see the full GST registrations and return filing status of Reliance Projects & Property Management Services Limited, buy the company report.
Recent activity
Reliance Projects & Property Management Services Limited has 24 board changes on record since 2020: 9 appointments and 15 cessations. The latest: Krunal Shashiraj Shah ceased to be Company Secretary on 31 Mar 2025.
60 earlier events are in the company report.
News
Frequently asked questions
Reliance Projects & Property Management Services is an active public limited company based in Ahmedabad, Gujarat, India. The company works in business support services, within the business services industry. It was incorporated on 19 June 2019 (7+ years old) and is registered under CIN U72501GJ2019PLC108755.
Reliance Projects & Property Management Services has 9 current directors and KMP:
- Jayant Shrikrishna Bhalerao - Whole-Time Director
- Sanjay Jog - Director
- Rajkumar Mullick - Director
- Shiv Kumar Bhardwaj - Director
- Dhiren Vrajlal Dalal - Director
- Jayashri Rajesh - Director
- Pramod Madhukar Bhawalkar - Director
- Venkatesh Raghavendra Gulur - Director
- Mayur Harshadkumar Patel - Cfo
The latest financial statements of Reliance Projects & Property Management 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 FY 2020 are in the company report.
The GSTIN of Reliance Projects & Property Management Services is 24AAJCR6636B1ZI, registered in Gujarat. The company has 37 GST registrations in all, of which 35 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAJCR6636B2ZB (Maharashtra), 01AAJCR6636B1ZQ (Jammu and Kashmir), 10AAJCR6636B1ZR (Bihar).
The CIN (Corporate Identification Number) of Reliance Projects & Property Management Services is U72501GJ2019PLC108755. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Projects & Property Management Services has 176 court cases on record: 80 filed by the company and 96 filed against it. 74 are pending. Most are in the district courts.
Reliance Projects & Property Management Services was incorporated on 19 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Reliance Projects & Property Management Services has 8 deals on record (2 acquisitions, 2 funding rounds, 2 debt financings), with disclosed funding of ₹43,656 Cr; the latest was in March 2025.
Krunal Shashiraj Shah ceased to be Company Secretary on 31 Mar 2025. Pramod Madhukar Bhawalkar ceased to be Additional Director on 31 Jul 2024. Vivin Mally ceased to be Company Secretary on 31 Jul 2024. Reliance Projects & Property Management Services has 24 board changes on record in total.
Reliance Projects & Property Management Services can be reached through the website ril.com. Its registered office is in Ahmedabad, Gujarat, India.
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