About Reliance Entertainment Studios Private Limited
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Reliance Entertainment Studios Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Risee Entertainment Holdings Private Limited. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 18 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22300MH2019PTC321407. Its GSTIN is 27AAFCI1785A1ZR (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ikonic Films Private Limited and Reliance Films Distribution Private Limited. It is led by directors Dhruv Sinha and Sachin Laxmichand Savla.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.89 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹40.35 Cr (net margin -60.3%) and EBITDA of -₹27.54 Cr (EBITDA margin -41.2%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 278% over five years.
The company has about 69 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Reliance Entertainment. Court records list 39 cases involving the company, including 7 filed by the company and 32 filed against it; 9 cases are pending.
For more details, the company can be reached via its website relianceentertainment.com.
Company details
Name history
Reliance Entertainment Studios has undergone 3 name changes throughout its history. The company was previously known as Ikonic Films Private Limited, Reliance Films Distribution Private Limited, and Reliance Tv Private Limited. The current legal name is Reliance Entertainment Studios Private Limited.
| Company Name | Status |
|---|---|
| Reliance Entertainment Studios Private Limited | Current |
| Ikonic Films Private Limited | Previous |
| Reliance Films Distribution Private Limited | Previous |
| Reliance Tv Private Limited | Previous |
Contact details
Reliance Entertainment Studios Private Limited's registered office is in Mumbai, Maharashtra. Its website is relianceentertainment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. B – 06 Valecha Chambers 5th Floor, New Link Road Near Infinity Mall Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Reliance Entertainment Studios 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
Brands
Reliance Entertainment Studios operates one associated brand: Reliance Entertainment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Movies, animated series, and video games are developed and produced. | relianceentertainment.com |
Business activity
The main business activity of Reliance Entertainment Studios is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Reliance Entertainment Studios Private Limited, buy the company report.
Financials of Reliance Entertainment Studios Private Limited
FY 2025 filings availableReliance Entertainment Studios Private Limited reported revenue of ₹66.89 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 79% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 278%. EBITDA fell 352% 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 | -₹27.54 Cr | ||||
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| Net Profit (PAT) | -₹40.35 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 | -41.2% | ||||
| Net Profit Margin | -60.3% | ||||
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To see the full financial statements and ratios of Reliance Entertainment Studios Private Limited, buy the company report.
Board of directors of Reliance Entertainment Studios Private Limited
Reliance Entertainment Studios has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Sinha Also directs: Select Flix LLP | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
| Sachin Laxmichand Savla Also directs: Select Flix LLP, Reliance Creative and Content Solutions LLP | Director | 13 May 2024 | 2 Years 5 Months | Current |
Auditor
Reliance Entertainment Studios Private Limited is audited by Sarawgi Shridhar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sarawgi Shridhar & Associates | FY 2022 | 104892W |
Shareholding
The shareholding of Reliance Entertainment Studios Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Entertainment Studios Private Limited, buy the company report.
Legal cases
Reliance Entertainment Studios Private Limited has 39 court cases on record: 7 filed by Reliance Entertainment Studios, 32 filed against it. 9 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 27 | 6 |
| District courts | 3 | 3 | 3 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Brandex Media Networks Private Limited | Pending |
| High Court, TAMIL NADU | Court case (C.S(COMM DIV)) | Filed against the company by M/S Kurios Finvest LLP M/S Anirudh Krishnan, Mobile : 938098924,Varun Venkatesan,Rupikka Srinivasan,Abhishek.R,Mohit Kumar,N.Sasank Iyer,Adarsh Subramainan | Pending |
| High Court | Appeal | Filed against the company by Kurios Finvest LLP M/S.Anirudh Krishnan, Rupikaa Srinivasan,Abhishek R,Mohit Kumar,N.Sasank Iyer,Adarsh Subramanian | Pending |
| High Court | Original application | Filed against the company by Kurios Finvest LLP M/S.Anirudh Krishnan, Adarsh Subramanian,N.Sasank Iyer,Mohit Kumar,Abhishek R | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Mad Man Film Ventures Pvt. Ltd. | Pending |
To see the full case history of Reliance Entertainment Studios 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 Entertainment Studios Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reliance Entertainment Studios has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Reliance Animation Studios Private Limited | U22300MH2020PTC335509 | |
| Zapak Games Private Limited | U72502MH2019PTC328208 |
To see the full group structure of Reliance Entertainment Studios Private Limited, buy the company report.
Employees & EPFO
Reliance Entertainment Studios Private Limited has a workforce of 69 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Reliance Entertainment Studios has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI1785A1ZR | Maharashtra | Active | 27 Dec 2019 |
| 27AAFCI1785A2ZQ | Maharashtra | Active | 04 Jun 2022 |
| 27AAFCI1785A3ZP | Maharashtra | Active | 11 Jun 2022 |
| 29AAFCI1785A1ZN | Karnataka | Active | 23 Jun 2022 |
To see the full GST registrations and return filing status of Reliance Entertainment Studios Private Limited, buy the company report.
Recent activity
Reliance Entertainment Studios Private Limited has 6 board changes on record since 2021: 2 appointments and 4 cessations. The latest: Pushpak Vivek Shah ceased to be Additional Director on 14 May 2024.
News
Frequently asked questions
Reliance Entertainment Studios is an active private limited company based in Mumbai, Maharashtra, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 18 February 2019 (7+ years old) and is registered under CIN U22300MH2019PTC321407.
Reliance Entertainment Studios has 2 current directors:
- Dhruv Sinha - Director
- Sachin Laxmichand Savla - Director
The latest financial statements of Reliance Entertainment Studios 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 2019 are in the company report.
The GSTIN of Reliance Entertainment Studios is 27AAFCI1785A1ZR, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAFCI1785A2ZQ (Maharashtra), 27AAFCI1785A3ZP (Maharashtra), 29AAFCI1785A1ZN (Karnataka).
The CIN (Corporate Identification Number) of Reliance Entertainment Studios is U22300MH2019PTC321407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Entertainment Studios has 39 court cases on record: 7 filed by the company and 32 filed against it. 9 are pending. Most are in the high courts.
Reliance Entertainment Studios was incorporated on 18 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Pushpak Vivek Shah ceased to be Additional Director on 14 May 2024. Sachin Laxmichand Savla was appointed as Director on 13 May 2024. Sachin Laxmichand Savla ceased to be Director on 29 Jul 2022. Reliance Entertainment Studios has 6 board changes on record in total.
Reliance Entertainment Studios can be reached through the website relianceentertainment.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Reliance Entertainment Studios is at Plot No. B – 06 Valecha Chambers 5th Floor, New Link Road Near Infinity Mall Andheri West, Mumbai, Maharashtra, India – 400053.