About Reliance Retail Limited
Data last updated:
Reliance Retail Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 17 March 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1998PLC114010.
The company had an authorised share capital of ₹15,000 Cr and a paid-up capital of ₹4,989.54 Cr. It was led by directors including Dipak Chand Jain and Mukesh Dhirubhai Ambani.
Its last annual general meeting (AGM) was held on 27 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at 9th Floor Maker Chambers Iv222 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,58,474 Cr, a growth of 16% compared to the previous year. For the same year it recorded EBITDA of ₹11,840 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 18% over five years.
The company had about 6 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Ajio.
The last known website on record is ajio.com.
Company details
Contact details
Reliance Retail Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address9th Floor Maker Chambers Iv222 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
- 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 Retail Limited
FY 2012 filings availableReliance Retail Limited reported revenue of ₹2,58,474 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 16% growth in the latest year. EBITDA rose 26% 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
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| EBITDA | ₹11,840 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.6% | ||||
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To see the full financial statements and ratios of Reliance Retail Limited, buy the company report.
Board of directors of Reliance Retail Limited
Reliance Retail has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipak Chand Jain | Director | 04 Mar 2006 | 20 Years 7 Months | As last reported |
| Mukesh Dhirubhai Ambani Also directs: Janardan Commercials LLP, Chakradev Enterprises LLP, Shivangi Commercials LLP and 3 more | Director | 04 Mar 2006 | 20 Years 7 Months | As last reported |
| Manoj Harjivandas Modi | Director | 04 Mar 2006 | 20 Years 7 Months | As last reported |
| Raja Kolumum Ramachandran | Manager | 07 Mar 2006 | 20 Years 7 Months | As last reported |
Peer comparison
Reliance Retail Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reliance Retail Ventures Limited | ₹2,92,109 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Reliance Retail Limited | ₹2,71,227 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Reliance Retail Limitedthis company | ₹2,58,474 Cr (FY 2024) | 16.0% | Mumbai, Maharashtra, India | |||
| Avenue Supermarts Limited | ₹59,482 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Trent Limited | ₹17,353 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Vishal Mega Mart Limited | ₹10,775 Cr (FY 2025) | 20.0% | Gurugram, Haryana, India | |||
| Airplaza Retail Holdings Private Limited | ₹10,684 Cr (FY 2025) | 21.0% | Gurgaon, Haryana, India | |||
| Metro Cash and Carry India Limited | ₹10,649 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Reliance Retail Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reliance Retail Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Reliance Retail Limited was last rated by Care on 05 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Sep 2022 |
To see the full credit ratings and regulatory alerts of Reliance Retail Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Retail Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Reliance Retail Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliance Retail Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Gwyn Sundhagul ceased to be Director on 23 Oct 2012.
News
Frequently asked questions
Reliance Retail 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 Retail was a public limited company based in Mumbai, Maharashtra, India. The company worked in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 17 March 1998 and is registered under CIN U17120MH1998PLC114010. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliance Retail was incorporated on 17 March 1998. It is registered with the Registrar of Companies, Mumbai.
Reliance Retail had 4 directors:
- Dipak Chand Jain - Director
- Mukesh Dhirubhai Ambani - Director
- Manoj Harjivandas Modi - Director
- Raja Kolumum Ramachandran - Manager
The CIN (Corporate Identification Number) of Reliance Retail is U17120MH1998PLC114010. 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 Retail is at 9th Floor Maker Chambers Iv222 Nariman Point, Mumbai, Maharashtra, India – 400021.
Reliance Retail can be reached through the website ajio.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Reliance Retail on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 27 September 2012. Year-wise statements from 2015 are in the company report.
Reliance Retail operated in the consumer services industry, in the hypermarkets and large retail chains segment.
The peers of Reliance Retail by revenue are Reliance Retail Ventures Limited, Reliance Retail, Avenue Supermarts Limited, Trent Limited, Vishal Mega Mart Limited and 2 more, all in the Consumer Services industry (Hypermarkets).
Gwyn Sundhagul ceased to be Director on 23 Oct 2012. Raghu Pillai ceased to be Whole-Time Director on 01 Oct 2010. Raja Kolumum Ramachandran was appointed as Manager on 07 Mar 2006. Reliance Retail has 6 board changes on record in total.
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