About Reliance Trading Limited
Data last updated:
Reliance Trading Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 13 December 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2006PLC166165. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5.21 Cr and a paid-up capital of ₹1.05 Cr. It was formerly known as Reliance Trends Private Limited and Reliance Trends Limited. It was led by directors including Anand Balasundaram and Pankaj Mohan Pawar.
Its last annual general meeting (AGM) was held on 15 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 3rd Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2016, the company reported a revenue of ₹46.65 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹14.54 Lakh (net margin -0.3%) and EBITDA of -₹14.54 Lakh (EBITDA margin -0.3%).
As per MCA filings, the company had satisfied charges of ₹16.16 Lakh on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 1 case is pending.
The last known website on record is ril.com.
Company details
Name history
Reliance Trading has undergone 2 name changes throughout its history. The company was previously known as Reliance Trends Private Limited, and Reliance Trends Limited. The current legal name is Reliance Trading Limited.
| Company Name | Status |
|---|---|
| Reliance Trading Limited | Current |
| Reliance Trends Private Limited | Previous |
| Reliance Trends Limited | Previous |
CIN history
Reliance Trading has one previous CIN (Corporate Identification Number): U51909MH2006PTC166165. The current CIN is U51909MH2006PLC166165, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2006PLC166165 | Current |
| U51909MH2006PTC166165 | Previous |
Contact details
Reliance Trading Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Reliance Trading 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 Trading is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Reliance Trading Limited, buy the company report.
Financials of Reliance Trading Limited
FY 2016 filings availableReliance Trading Limited reported revenue of ₹46.65 Cr (down 8% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year. EBITDA fell 221% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹46.65 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹14.54 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹14.54 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.3% | |
| Net Profit Margin | -0.3% | |
| 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 Trading Limited, buy the company report.
Board of directors of Reliance Trading Limited
Reliance Trading has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Balasundaram Also directs: Ema Partners India Limited, Jennifer Anand Designs Private Limited, Meridian Partners Agro India Private Limited and 1 more | Director | 27 Mar 2015 | 11 Years 6 Months | As last reported |
| Pankaj Mohan Pawar Also directs: Reliance Retail Limited, Reliance Retail Ventures Limited, Reliance Retail and Fashion Lifestyle Limited and 5 more | Director | 24 Mar 2012 | 14 Years 7 Months | As last reported |
| Raman Seshadri | Director | 01 Dec 2014 | 11 Years 10 Months | As last reported |
| Sriram Srinivasan | Director | 13 Apr 2012 | 14 Years 6 Months | As last reported |
| Jagmohanlal Bhamri | Additional Director | 17 Apr 2017 | 9 Years 6 Months | As last reported |
Peer comparison
Reliance Trading Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digit Computers Private Limited | ₹47.05 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Cluster Infotech Private Limited | ₹46.94 Cr (FY 2024) | 82.0% | Hyderabad, Telangana, India | |||
| Encon Impex Private Limited | ₹46.89 Cr (FY 2025) | -22.0% | Bengaluru, Karnataka, India | |||
| Foxbase Technologies Private Limited | ₹46.88 Cr (FY 2025) | 41.0% | Bangalore, Karnataka, India | |||
| Reliance Trading Limitedthis company | ₹46.65 Cr (FY 2016) | -₹14.54 Lakh | -0.3% | -8.0% | Mumbai, Maharashtra, India | |
| Anand Innovations Private Limited | ₹46.6 Cr (FY 2024) | 40.0% | Mathura, Uttar Pradesh, India | |||
| Aracion Technology Private Limited | ₹46.21 Cr (FY 2024) | 33.0% | Bangalore, Karnataka, India | |||
| MRV Infotech India Private Limited | ₹46.18 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Reliance Trading Limited, buy the company report.
Auditor
Reliance Trading Limited is audited by CHATURVEDI & SHAH for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2016 | 101720W |
Shareholding
The shareholding of Reliance Trading Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Reliance Trading Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10282085 | Hdfc Bank Limited | ₹90,986 | Satisfied | |
| 31 Mar 2011 | 10282087 | Hdfc Bank Limited | ₹2.64 Lakh | Satisfied | |
| 31 Mar 2011 | 10282083 | Hdfc Bank Limited | ₹3.17 Lakh | Satisfied | |
| 31 Mar 2011 | 10282089 | Hdfc Bank Limited | ₹3.17 Lakh | Satisfied | |
| 31 Mar 2011 | 10282082 | Hdfc Bank Limited | ₹6.27 Lakh | Satisfied |
To see the full charge records of Reliance Trading Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Reliance Trading Limited has 13 court cases on record: 5 filed by Reliance Trading, 8 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 1 |
| District courts | 6 | 6 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Amrit Impex Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-8 | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Reliance Trading 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 Trading Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reliance Trading Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Reliance Trading has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reliance Trading Limited, buy the company report.
Recent activity
Reliance Trading Limited has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Jagmohanlal Bhamri was appointed as Additional Director on 17 Apr 2017.
22 earlier events are in the company report.
News
Frequently asked questions
Reliance Trading 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 Trading was a public limited company based in Mumbai, Maharashtra, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 13 December 2006 and is registered under CIN U51909MH2006PLC166165. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reliance Trading was incorporated on 13 December 2006. It is registered with the Registrar of Companies, Mumbai.
Reliance Trading had 5 directors:
- Anand Balasundaram - Director
- Pankaj Mohan Pawar - Director
- Raman Seshadri - Director
- Sriram Srinivasan - Director
- Jagmohanlal Bhamri - Additional Director
The CIN (Corporate Identification Number) of Reliance Trading is U51909MH2006PLC166165. 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 Trading is at 3rd Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.
Reliance Trading can be reached through the website ril.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Reliance Trading on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 15 September 2016. Year-wise statements from 2015 are in the company report.
No. Reliance Trading has 10 GST registrations on record and all of them are cancelled or inactive.
Reliance Trading operated in the information technology industry, in the IT products retail and distribution segment.
The peers of Reliance Trading by revenue are Digit Computers Private Limited, Cluster Infotech Private Limited, Encon Impex Private Limited, Foxbase Technologies Private Limited, Anand Innovations Private Limited and 2 more, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).