India's Richest People 2026 edition · 1 director · Source: Hurun India
- #2 Mukesh Ambani & family ₹8,63,400 Cr
Revenue · FY 2025
₹11,172 Cr
▲ 7% YoY
Net profit · FY 2025
₹12,392 Cr
Net margin 110.9%
EBITDA · FY 2025
₹25,057 Cr
EBITDA margin 224.3%
Authorised capital
₹25,000 Cr
Registered with MCA
Paid-up capital
₹7,011.24 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
499
Provident fund records
Directors on board
9
As per MCA filings
About Reliance Retail Ventures Limited
Data last updated:
Reliance Retail Ventures Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 13 December 2006 and has been in existence for over 20 years.
Its director Mukesh Ambani and family are #2 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2006PLC166166. Its GSTIN is 27AADCR6715M1ZZ (Maharashtra). The company holds 29 GST registrations, all of them active.
The company has an authorised share capital of ₹25,000 Cr and a paid-up capital of ₹7,011.24 Cr. It was formerly known as Reliance Commercial Associates Private Limited and Reliance Commercial Associates Limited. It is led by directors including Venkatachalam Subramaniam (Managing Director) and Isha Mukesh Ambani (Whole-Time Director).
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 4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹11,172 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹12,392 Cr (net margin 110.9%) and EBITDA of ₹25,057 Cr (EBITDA margin 224.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 15% over five years.
The company has about 499 employees on its provident fund (EPFO) records. Its group structure includes 64 subsidiaries and 2 joint ventures.
The company is associated with 8 brands, including Uniket, Qalara, OmniFynd, Urban Ladder, Amanté and others. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relianceretail.com.
Company details
CIN U51909MH2006PLC166166
Registration Number 166166
Incorporation Date 13 December 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
Name history
Reliance Retail Ventures has undergone 2 name changes throughout its history. The company was previously known as Reliance Commercial Associates Private Limited, and Reliance Commercial Associates Limited. The current legal name is Reliance Retail Ventures Limited.
| Company Name | Status |
|---|---|
| Reliance Retail Ventures Limited | Current |
| Reliance Commercial Associates Private Limited | Previous |
| Reliance Commercial Associates Limited | Previous |
CIN history
Reliance Retail Ventures has one previous CIN (Corporate Identification Number): U51909MH2006PTC166166. The current CIN is U51909MH2006PLC166166, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2006PLC166166 | Current |
| U51909MH2006PTC166166 | Previous |
Key People
Venkatachalam Subramaniam Managing Director Isha Mukesh Ambani Whole-Time Director Manoj Harjivandas Modi Director Recognitions & Rankings of Reliance Retail Ventures
Contact details
Reliance Retail Ventures Limited's registered office is in Mumbai, Maharashtra. Its website is relianceretail.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Reliance Retail Ventures Limited, buy the company report.
Comprehensive company report
Reliance Retail Ventures Limited - one report that includes everything
- 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
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Brands
Reliance Retail Ventures operates multiple associated brands including Uniket, Qalara, and OmniFynd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online B2B wholesale app for retailers with branded footwear and clothing. | uniket.store | |
| Functions as an online B2B marketplace for handmade multi-category products. | qalara.com | |
| Provides AI-based omni-channel marketing solutions. | omnifynd.com | |
| Internet-first brand offering multi-category home furniture | urbanladder.com | |
| Women's multi-category casual wear and accessories are offered online. | amantelingerie.in | |
| Provider of an online store for medicines and healthcare products | netmeds.com | |
| Retail chain offering diversified products | relianceretail.com | |
| Pharma distribution, sales, and business support services are provided. | vitalic.net |
Business activity
The main business activity of Reliance Retail Ventures is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Reliance Retail Ventures Limited, buy the company report.
Financials of Reliance Retail Ventures Limited
FY 2025 filings availableReliance Retail Ventures Limited reported revenue of ₹11,172 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹11,172 Cr ▲ 7%
Net profit · FY 2025
₹12,392 Cr margin 110.9%
EBITDA · FY 2025
₹25,057 Cr margin 224.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 18%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 32%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 7% growth in the latest year. EBITDA rose 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11,172 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25,057 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12,392 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 224.3% | ||||
| Net Profit Margin | 110.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Reliance Retail Ventures Limited, buy the company report.
Board of directors of Reliance Retail Ventures Limited
Reliance Retail Ventures has 9 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Harjivandas Modi Also directs: Jio Platforms Limited, Eih Limited | Director | 16 Jul 2013 | 13 Years 3 Months | Current |
| Isha Mukesh Ambani Also directs: Reliance Industries Limited, Jio Platforms Limited, Reliance Jio Infocomm Limited and 5 more | Whole-Time Director | 11 Oct 2014 | 12 Years 0 Months | Current |
| Akash Mukesh Ambani Also directs: Reliance Industries Limited, Jio Platforms Limited, Reliance Jio Infocomm Limited and 5 more | Director | 11 Oct 2014 | 12 Years 0 Months | Current |
| Venkatachalam Subramaniam | Managing Director | 13 Jan 2017 | 9 Years 9 Months | Current |
| Pankaj Mohan Pawar Also directs: Reliance Retail Limited, Reliance Retail and Fashion Lifestyle Limited, Reliance Jio Infocomm Limited and 4 more | Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Mukesh Dhirubhai Ambani Also directs: Janardan Commercials LLP, Chakradev Enterprises LLP, Shivangi Commercials LLP and 2 more | Director | 16 Jul 2013 | 13 Years 3 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Reliance Retail Ventures Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2024 | 117366W/W-100018 |
Shareholding
The shareholding of Reliance Retail Ventures Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Retail Ventures Limited, buy the company report.
Legal cases
Reliance Retail Ventures Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
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, Bathinda, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Reliance Retail Ventures 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.
Credit ratings & regulatory alerts
Reliance Retail Ventures Limited was last rated by Care on 02 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Jun 2023 |
To see the full credit ratings and regulatory alerts of Reliance Retail Ventures Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Retail Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reliance Retail Ventures has 64 subsidiary companies, 2 joint ventures, and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
64
Subsidiary companies
2
Joint ventures
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Lotus Chocolate Company Ltd. | L15200TG1988PLC009111 | |
| Just Dial Limited | L74140MH1993PLC150054 | |
| Reliance Retail Limited | U01100MH1999PLC120563 | |
| Soubhagya Confectionery P. Ltd. | U15419TG1994PTC005439 | |
| Reliance Clothing India Limited | U17120MH2008PLC180384 | |
| Reliance Abu Sandeep Private Limited | U17200MH2015PTC267990 |
To see the full group structure of Reliance Retail Ventures Limited, buy the company report.
Employees & EPFO
Reliance Retail Ventures Limited has a workforce of 499 employees on its EPFO records as of Oct 20, 2025, across 1 active EPFO establishment.
Employee count
499
Active EPFO establishments
1
Employee growth
-9.6%
GST
Reliance Retail Ventures has 29 GST registrations: 29 active. The first 4 active GSTINs are listed below.
Total GSTINs
29
Active
29
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR6715M1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 27AADCR6715M2ZY | Maharashtra | Active | 01 Jul 2020 |
| 12AADCR6715M1ZA | Arunachal Pradesh | Active | 04 Jul 2020 |
| 29AADCR6715M1ZV | Karnataka | Active | 04 Jul 2020 |
To see the full GST registrations and return filing status of Reliance Retail Ventures Limited, buy the company report.
Recent activity
Reliance Retail Ventures Limited has 37 board changes on record since 2007: 12 appointments and 25 cessations. The latest: Shumeet Banerji ceased to be Additional Director on 29 Sep 2024.
AGM
Reliance Retail Ventures Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Reliance Retail Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Shumeet Banerji ceased to be Additional Director.
Appointed
Shumeet Banerji was appointed as Director.
Ceased
Rajiv Mehrishi ceased to be Additional Director.
Appointed
Rajiv Mehrishi was appointed as Director.
Ceased
Anant Mukesh Ambani ceased to be Additional Director.
Appointed
Dinesh Taluja was appointed as CFO.
Appointed
Anant Mukesh Ambani was appointed as Director.
Ceased
Isha Mukesh Ambani ceased to be Director.
Ceased
Dinesh Thapar ceased to be Cfo(Kmp).
Ceased
Ashwin Ahamendra Khasgiwala ceased to be Cfo(Kmp).
28 earlier events are in the company report.
News
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Frequently asked questions
Reliance Retail Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 13 December 2006 (20+ years old) and is registered under CIN U51909MH2006PLC166166.
Reliance Retail Ventures has 9 current directors:
- Venkatachalam Subramaniam - Managing Director
- Isha Mukesh Ambani - Whole-Time Director
- Manoj Harjivandas Modi - Director
- Akash Mukesh Ambani - Director
- Pankaj Mohan Pawar - Director
- Mukesh Dhirubhai Ambani - Director
- Anant Mukesh Ambani - Director
- Rajiv Mehrishi - Director
- Shumeet Banerji - Director
The latest financial statements of Reliance Retail Ventures 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 Retail Ventures is 27AADCR6715M1ZZ, registered in Maharashtra. The company has 29 GST registrations in all, of which 29 are active. Other active GSTINs include 27AADCR6715M2ZY (Maharashtra), 12AADCR6715M1ZA (Arunachal Pradesh), 29AADCR6715M1ZV (Karnataka).
The CIN (Corporate Identification Number) of Reliance Retail Ventures is U51909MH2006PLC166166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Retail Ventures has 1 court case on record: 1 filed against it.
Reliance Retail Ventures was incorporated on 13 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Shumeet Banerji ceased to be Additional Director on 29 Sep 2024. Shumeet Banerji was appointed as Director on 01 Apr 2024. Rajiv Mehrishi ceased to be Additional Director on 27 Sep 2023. Reliance Retail Ventures has 37 board changes on record in total.
Reliance Retail Ventures can be reached through the website relianceretail.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Reliance Retail Ventures is at 4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.