Reliance Welfare Association
About Reliance Welfare Association
Data last updated:
Reliance Welfare Association is a public limited guarantee & association company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 March 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH1979GAP021087.
It is led by directors including Vinod Mansukhlal Ambani and Srinivasan Bodapati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Maker Chambers IV 3rd Floor 222 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.17 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹11.94 Cr (net margin 73.8%) and EBITDA of ₹16.01 Cr (EBITDA margin 99%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Reliance Welfare Association has one previous CIN (Corporate Identification Number): U74900MH1979GAT021087. The current CIN is U74900MH1979GAP021087, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH1979GAP021087 | Current |
| U74900MH1979GAT021087 | Previous |
Contact details
Reliance Welfare Association's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMaker Chambers IV 3rd Floor 222 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Reliance Welfare Association, 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
Financials of Reliance Welfare Association
FY 2024 filings availableReliance Welfare Association reported revenue of ₹16.17 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 7% 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 |
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| EBITDA | ₹16.01 Cr | ||||
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| Net Profit (PAT) | ₹11.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 99% | ||||
| Net Profit Margin | 73.8% | ||||
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To see the full financial statements and ratios of Reliance Welfare Association, buy the company report.
Board of directors of Reliance Welfare Association
Reliance Welfare Association has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Mansukhlal Ambani Also directs: Vma Asset Management LLP | Director | 05 Mar 1979 | 47 Years 7 Months | Current |
| Srinivasan Bodapati | Director | 14 May 2012 | 14 Years 5 Months | Current |
| Virenderkumar Gandhi | Director | 19 Apr 2012 | 14 Years 6 Months | Current |
| Ramesh Srinivasan Also directs: Nauyaan Shipyard Private Limited, Proclaim Energy Private Limited, Nauyaan Tradings Private Limited and 1 more | Director | 19 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Reliance Welfare Association is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Punctual Advisors Private Limited | ₹16.35 Cr (FY 2024) | 422.0% | Kolkata, West Bengal, India | |||
| Exchange Data International India Private Limited | ₹16.3 Cr (FY 2025) | -8.0% | Chennai, Tamil Nadu, India | |||
| Karni Enterprises Private Limited | ₹16.27 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Lakshdeep Global Private Limited | ₹16.26 Cr (FY 2024) | 15950.0% | New Delhi, Delhi, India | |||
| Hello Money India Private Limited | ₹16.19 Cr (FY 2025) | -25.0% | Delhi, India | |||
| Reliance Welfare Associationthis company | ₹16.17 Cr (FY 2025) | ₹11.94 Cr | 73.8% | 8.0% | Mumbai, Maharashtra, India | |
| Silent Valley Business Ventures Private Limited | ₹16.11 Cr (FY 2025) | -32.0% | Chennai, Tamil Nadu, India | |||
| Khevana Investments Private Limited | ₹16.1 Cr (FY 2016) | 2273.0% | Mumbai, Maharashtra, India | |||
| Damani Financial Services Private Limited | ₹16.1 Cr (FY 2025) | -30.0% | Mumbai, Maharashtra, India | |||
| Pax Portfolios Private Limited | ₹16.06 Cr (FY 2025) | -53.0% | Delhi, India | |||
| VJS Forex Private Limited | ₹16.03 Cr (FY 2024) | 173.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Reliance Welfare Association, buy the company report.
Auditor
Reliance Welfare Association is audited by CHATURVEDI & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH LLP | FY 2023 | 101720W/ W100355 |
Shareholding
The shareholding of Reliance Welfare Association is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Reliance Welfare Association, buy the company report.
Legal cases
No court or tribunal cases involving Reliance Welfare Association are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Welfare Association; 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 Welfare Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Reliance Welfare Association has 9 board changes on record since 1979: 4 appointments and 5 cessations. The latest: Ramesh Srinivasan ceased to be Additional Director on 27 Sep 2012.
Frequently asked questions
Reliance Welfare Association is an active public limited guarantee & association based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 March 1979 (47+ years old) and is registered under CIN U74900MH1979GAP021087.
Reliance Welfare Association has 4 current directors:
- Vinod Mansukhlal Ambani - Director
- Srinivasan Bodapati - Director
- Virenderkumar Gandhi - Director
- Ramesh Srinivasan - Director
The latest financial statements of Reliance Welfare Association on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Reliance Welfare Association is U74900MH1979GAP021087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Welfare Association was incorporated on 05 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reliance Welfare Association by revenue are Punctual Advisors Private Limited, Exchange Data International India Private Limited, Karni Enterprises Private Limited, Lakshdeep Global Private Limited, Hello Money India Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ramesh Srinivasan ceased to be Additional Director on 27 Sep 2012. Srinivasan Bodapati ceased to be Additional Director on 27 Sep 2012. Virenderkumar Gandhi ceased to be Additional Director on 27 Sep 2012. Reliance Welfare Association has 9 board changes on record in total.
The registered office of Reliance Welfare Association is at Maker Chambers IV 3rd Floor 222 Nariman Point, Mumbai, Maharashtra, India – 400021.
Reliance Welfare Association operates in the financial services industry, in the diversified financial services segment.
The compliance status of Reliance Welfare Association is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Reliance Welfare Association can be reached at its registered office: Maker Chambers IV 3rd Floor 222 Nariman Point, Mumbai, Maharashtra, India – 400021.