About Reliance Money Services Private Limited
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Reliance Money Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Capital Ltd. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC128384. Its GSTIN is 27AABCN2494B1ZO (Maharashtra). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60.05 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Reliance Mass Media Private Limited and Millionaire Capital Services Private Limited. It is led by directors Shubam Kailash Guptaa and Shantanu Anil Walke.
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 ₹61.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.61 Lakh (net margin 12.3%) and EBITDA of ₹7.6 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 19% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹64.15 Cr; the latest was in October 2017. Its 4 peer companies in the BFSI industry (Financial Instrument Distributors, Other Financial Services), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Ascensio Investments Private Limited with revenue of ₹61.81 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliancemoney.com.
Company details
Name history
Reliance Money Services has undergone 4 name changes throughout its history. The current legal name is Reliance Money Services Private Limited.
| Company Name | Status |
|---|---|
| Reliance Money Services Private Limited | Current |
| Reliance Mass Media Private Limited | Previous |
| Millionaire Capital Services Private Limited | Previous |
| Reliance Money Solutions Private Limited | Previous |
| Netizen West Bengal Private Limited | Previous |
Contact details
Reliance Money Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is reliancemoney.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1501 Lodha Aria Chs No. 6/207, T J Road Sewree, Mumbai, Maharashtra, India – 400015
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Reliance Money Services 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 Money Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Reliance Money Services Private Limited, buy the company report.
Financials of Reliance Money Services Private Limited
FY 2025 filings availableReliance Money Services Private Limited reported revenue of ₹61.78 Lakh (up 236% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 236% growth in the latest year. EBITDA rose 181% 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 | ₹7.6 Lakh | ||||
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| Net Profit (PAT) | ₹7.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 12.3% | ||||
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To see the full financial statements and ratios of Reliance Money Services Private Limited, buy the company report.
Board of directors of Reliance Money Services Private Limited
Reliance Money Services has 2 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shubam Kailash Guptaa Also directs: Reliance Commodities Limited, Reliance Financial Advisory Services Private Limited, Quant Securities Private Limited. and 5 more | Director | 31 Oct 2023 | 3 Years 0 Months | Current |
| Shantanu Anil Walke Also directs: Quant Broking Private Limited, Reliance Money Precious Metals Private Limited, SPSW Services Private Limited and 5 more | Additional Director | 31 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Reliance Money Services Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ascensio Investments Private Limited | ₹61.81 Lakh (FY 2017) | Hyderabad, Telangana, India | ||||
| M.M. Wears Pvt. Ltd. | ₹61.79 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Reliance Money Services Private Limitedthis company | ₹61.78 Lakh (FY 2025) | ₹7.61 Lakh | 12.3% | 236.0% | 2 | Mumbai, Maharashtra, India |
| PRJ Finance Private Limited | ₹61.69 Lakh (FY 2025) | -58.0% | Kolkata, West Bengal, India | |||
| Vaishali Financial Services Private Limited | ₹61.67 Lakh (FY 2025) | -14.0% | Delhi, India |
To see the full peer comparison of Reliance Money Services Private Limited, buy the company report.
Auditor
Reliance Money Services Private Limited is audited by Gupta Rustagi & Co., for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Rustagi & Co., | FY 2022 | 128701W |
Shareholding
The shareholding of Reliance Money Services Private Limited is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Money Services Private Limited, buy the company report.
Deals & funding
Reliance Money Services Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹64.15 Cr; the latest was in October 2017.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Reliance Alpha Services Private Limited, Adhar Project Management & Consultancy Private Limited Seller: Indusind Securities Limited , Reliance Capital Ltd |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Indusind Securities Limited Seller: Reliance Money Express Limited |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Reliance Capital Ltd Seller: Rnnett Networks Limited |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Reliance Capital Ltd Seller: Rbep Entertainment Private Limited , Reliance Value Services Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Reliance Value Services Private Limited , Rbep Entertainment Private Limited Seller: Future N Wealth Distributors Private Limited , Reliance Entertainment Ventures Private Limited |
To see the full deal history of Reliance Money Services 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 Money Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by State Through Shop Inspector | Disposed |
To see the full case history of Reliance Money Services 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 Money Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reliance Money Services Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Reliance Money Services has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN2494B1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Money Services Private Limited, buy the company report.
Recent activity
Reliance Money Services Private Limited has 28 board changes on record since 2007: 4 appointments and 24 cessations. The latest: Shantanu Anil Walke was appointed as Additional Director on 31 Dec 2025.
19 earlier events are in the company report.
Frequently asked questions
Reliance Money Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 August 2000 (26+ years old) and is registered under CIN U72900MH2000PTC128384.
Reliance Money Services has 2 current directors:
- Shubam Kailash Guptaa - Director
- Shantanu Anil Walke - Additional Director
The latest financial statements of Reliance Money 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 2015 are in the company report.
The GSTIN of Reliance Money Services is 27AABCN2494B1ZO, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Reliance Money Services is U72900MH2000PTC128384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Money Services has 1 court case on record: 1 filed against it.
Reliance Money Services was incorporated on 23 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Reliance Money Services has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹64.15 Cr; the latest was in October 2017.
The peers of Reliance Money Services by revenue are Ascensio Investments Private Limited, M.M. Wears Pvt. Ltd, PRJ Finance Private Limited, Vaishali Financial Services Private Limited, all in the BFSI industry (Financial Instrument Distributors, Other Financial Services), with the same principal business activity (other financial activities).
Shantanu Anil Walke was appointed as Additional Director on 31 Dec 2025. Mayuri Balkrishna Bhopi was appointed as CFO on 06 May 2025. Purvi Anil Nanavaty ceased to be CFO on 04 Apr 2025. Reliance Money Services has 28 board changes on record in total.
Reliance Money Services can be reached through the website reliancemoney.com. Its registered office is in Mumbai, Maharashtra, India.
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