Reliance Ventures Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U24120MH1999PLC121009 Incorporated 27 July 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2023
₹293.33 Cr
▼ 46.11% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.69 Cr
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹10.04 Cr
Company age
27 yrs
Est. 1999
Last financials
Mar 2025
Balance sheet date

About Reliance Ventures Limited

Data last updated: 23 December 2025

Reliance Ventures Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It specialises in non-banking financial services (NBFC), a part of the broader financial services sector. Incorporated on 27 July 1999, the company has been in operation for over 27 years.

Registered with ROC Mumbai under CIN U24120MH1999PLC121009.

Capital: an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.69 Cr. Formerly known as Reliance Ventures Private Limited and Reliance Fertilisers Private Limited. It is led by directors including Sethuraman Kandasamy and Riddhi Nimesh Bhimani.

Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.

It operates as a subsidiary of Reliance Industries Limited. 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.

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 of Reliance Ventures Limited
CIN U24120MH1999PLC121009
Registration Number 121009
Incorporation Date 27 July 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    9Th Floor Maker Chambers Iv 222 Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC
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Financials, compliance, directors, charges, ownership and filings for Reliance Ventures Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Reliance Ventures Limited

Reliance Ventures Limited 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, reflecting the company's evolution and rebranding over time.

Company Name Status
Reliance Ventures Limited Current
Reliance Ventures Private Limited Previous
Reliance Fertilisers Private Limited Previous

Business Activity of Reliance Ventures Limited

Reliance Ventures Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
Locked Financial and insurance Service Locked Other financial activities Locked
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Auditor Details of Reliance Ventures Limited

Reliance Ventures Limited is audited by Messers Rajendra & Co. for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Messers Rajendra & Co. Locked Locked Locked
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Complete auditor history for Reliance Ventures Limited

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Board of Directors of Reliance Ventures Limited

Reliance Ventures Limited is currently managed by 5 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Sethuraman Kandasamy Director 21 Nov 2005 20 Years 9 Months Current
Riddhi Nimesh Bhimani Director 30 Mar 2023 3 Years 4 Months Current
Srikanth Venkatachari Director 05 Apr 2013 13 Years 4 Months Current
Jagannatha Kumar Venkata Gollapalli Director 13 Jul 2016 10 Years 1 Months Current
Mumtaz Bandukwala Director 30 Mar 2023 3 Years 4 Months Current

Financials of Reliance Ventures Limited FY 2025 filings available

Reliance Ventures Limited reported revenue of ₹293.33 Cr (down 46.11% YoY) for FY 2023.

Revenue · FY 2023
₹293.33 Cr ▼ 46.11%
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Ten-year financial statements for Reliance Ventures Limited

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Ownership and Shareholding of Reliance Ventures Limited

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Group Structure of Reliance Ventures Limited

Reliance Ventures Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Reliance Ventures Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Model Economic Township Limited U70109HR2006PLC036416 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Reliance Ventures Limited

Open charges
₹1 Cr
Satisfied charges
₹10.04 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹1.00 Cr
Latest charge details
DateLenderAmountStatus
16 Dec 2024 Hdfc Bank Limited ₹1 Cr Open
03 Dec 2019 Others ₹10.04 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Reliance Ventures Limited

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Employee and EPFO history for Reliance Ventures Limited

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GST Compliance of Reliance Ventures Limited

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GST registrations and filing compliance for Reliance Ventures Limited

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Credit Ratings, Litigation & Regulatory Alerts for Reliance Ventures Limited

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Credit ratings, litigation, and regulatory alerts for Reliance Ventures Limited

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MSME Payment Delays by Reliance Ventures Limited

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MSME payment history for Reliance Ventures Limited

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Subsidiaries & Group Companies of Reliance Ventures Limited

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Corporate group structure for Reliance Ventures Limited

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MCA Filings & Documents of Reliance Ventures Limited

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MCA filings and documents for Reliance Ventures Limited

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Recent Activity on Reliance Ventures Limited

Activity
22 Sep 2025
Reliance Ventures Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Reliance Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
16 Dec 2024
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101028252 was registered on 16 Dec 2024.
Directors
30 Mar 2023
Riddhi Nimesh Bhimani was appointed as a Director on 30 Mar 2023 & has been associated with this company since 3 years 4 months.
Directors
30 Mar 2023
Mumtaz Bandukwala was appointed as a Director on 30 Mar 2023 & has been associated with this company since 3 years 4 months.
Directors
23 Mar 2023
Nirmal Raghavan was appointed as a CFO on 23 Mar 2023 & has been associated with this company since 3 years 4 months.

Frequently Asked Questions about Reliance Ventures Limited

Reliance Ventures Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 27 July 1999 (27+ years old) and is registered under CIN U24120MH1999PLC121009.

Reliance Ventures Limited reported revenue of ₹293.33 Cr for FY 2023 (down 46.11% YoY).

The current directors of Reliance Ventures Limited are:

The primary industry of Reliance Ventures Limited is financial services. The company specifically operates in nbfc. The company is currently active in this sector.

Reliance Ventures Limited can be reached at the registered office: 9Th Floor Maker Chambers Iv 222 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website ril.com.

The authorised capital is ₹3 Cr, and the paid-up capital is ₹2.69 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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