About Reliance Ventures Limited
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Reliance Ventures Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 27 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24120MH1999PLC121009. Its GSTIN is 27AABCR1717M1Z9 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.69 Cr. It was formerly known as Reliance Ventures Private Limited and Reliance Fertilisers Private Limited. It is led by directors including Sethuraman Kandasamy and Riddhi Nimesh Bhimani.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9th Floor Maker Chambers IV 222 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹293.33 Cr, a decline of 46.11% compared to the previous year.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹10.04 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2,359.03 Cr; the latest was in March 2010. Its 7 peer companies in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Akasa Finance Limited with revenue of ₹235.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ril.com.
Company details
Name history
Reliance Ventures has undergone 2 name changes throughout its history. The company was previously known as Reliance Ventures Private Limited, and Reliance Fertilisers Private Limited. The current legal name is Reliance Ventures Limited.
| Company Name | Status |
|---|---|
| Reliance Ventures Limited | Current |
| Reliance Ventures Private Limited | Previous |
| Reliance Fertilisers Private Limited | Previous |
Contact details
Reliance Ventures Limited's registered office is in Mumbai, Maharashtra. Its website is ril.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9th Floor Maker Chambers IV 222 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Reliance Ventures 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
Reliance Ventures operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities |
To see the full business activity and turnover split of Reliance Ventures Limited, buy the company report.
Financials of Reliance Ventures Limited
FY 2025 filings availableReliance Ventures Limited reported revenue of ₹293.33 Cr (down 46.11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46.11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹293.33 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Reliance Ventures Limited, buy the company report.
Board of directors of Reliance Ventures Limited
Reliance Ventures has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sethuraman Kandasamy | Director | 21 Nov 2005 | 20 Years 11 Months | Current |
| Riddhi Nimesh Bhimani Also directs: Lotus Chocolate Company Ltd., Infomedia Press Limited, Reliance Industrial Infrastructure Limited and 4 more | Director | 30 Mar 2023 | 3 Years 6 Months | Current |
| Srikanth Venkatachari Also directs: Reliance Industries Limited | Director | 05 Apr 2013 | 13 Years 6 Months | Current |
| Jagannatha Kumar Venkata Gollapalli | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
| Mumtaz Bandukwala | Director | 30 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Reliance Ventures Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Reliance Ventures Limitedthis company | ₹293.33 Cr (FY 2023) | -46.1% | Mumbai, Maharashtra, India | |||
| Akasa Finance Limited | ₹235.01 Cr (FY 2025) | 149.0% | New Delhi, Delhi, India | |||
| John Deere Financial India Private Limited | ₹232.89 Cr (FY 2019) | 52.0% | Pune, Maharashtra, India | |||
| Ashika Global Securities Private Limited | ₹227.98 Cr (FY 2024) | 116.0% | Kolkata, West Bengal, India | |||
| Smartlink Holdings Limited | ₹226.44 Cr (FY 2025) | 8.0% | Salcete, Goa, India | |||
| Ratna Commercial Enterprises Private Ltd. | ₹222.57 Cr (FY 2019) | 48.0% | Delhi, India | |||
| Chowdry Associates | ₹221.33 Cr (FY 2019) | 134.0% | New Delhi, Delhi, India | |||
| TMT Viniyogan Ltd. | ₹218.58 Cr (FY 2020) | 525.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Reliance Ventures Limited, buy the company report.
Auditor
Reliance Ventures Limited is audited by Messers Rajendra & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Messers Rajendra & Co. | FY 2019 | 108355W |
Shareholding
The shareholding of Reliance Ventures Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Ventures Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2024 | 101028252 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 03 Dec 2019 | 100310683 | Others | ₹10.04 Cr | Satisfied |
To see the full charge records of Reliance Ventures Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Reliance Ventures Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2,359.03 Cr; the latest was in March 2010.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Seller: Reliance Industries Limited |
| Jan 2007 | Funding round | ₹2,349.03 Cr | Investors: Reliance Industries Limited |
To see the full deal history of Reliance Ventures 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 Ventures 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, Gurugram, Haryana | Appeal | Filed against the company by Ms Naharwar Marketing Services | Disposed |
To see the full case history of Reliance 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reliance Ventures has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Model Economic Township Limited | U70109HR2006PLC036416 |
To see the full group structure of Reliance Ventures Limited, buy the company report.
GST
Reliance Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR1717M1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reliance Ventures Limited, buy the company report.
Recent activity
Reliance Ventures Limited has 19 board changes on record since 2005: 5 appointments and 14 cessations. The latest: Jayashri Rajesh ceased to be Director on 05 Jul 2024.
13 earlier events are in the company report.
News
Frequently asked questions
Reliance Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 27 July 1999 (27+ years old) and is registered under CIN U24120MH1999PLC121009.
Reliance Ventures has 5 current directors:
- Sethuraman Kandasamy - Director
- Riddhi Nimesh Bhimani - Director
- Srikanth Venkatachari - Director
- Jagannatha Kumar Venkata Gollapalli - Director
- Mumtaz Bandukwala - Director
The latest financial statements of Reliance Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Ventures is 27AABCR1717M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reliance Ventures is U24120MH1999PLC121009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Ventures has 1 court case on record: 1 filed against it.
Reliance Ventures was incorporated on 27 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Reliance Ventures has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2,359.03 Cr; the latest was in March 2010.
The peers of Reliance Ventures by revenue are Akasa Finance Limited, John Deere Financial India Private Limited, Ashika Global Securities Private Limited, Smartlink Holdings Limited, Ratna Commercial Enterprises Private Ltd. and 2 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Systemically Important Non Deposit NBFC), with the same principal business activity (other financial activities).
Jayashri Rajesh ceased to be Director on 05 Jul 2024. Dhara Dilip Shah ceased to be Company Secretary on 18 Oct 2023. Mumtaz Bandukwala ceased to be Additional Director on 31 Aug 2023. Reliance Ventures has 19 board changes on record in total.
Reliance Ventures can be reached through the website ril.com. Its registered office is in Mumbai, Maharashtra, India.