About Reliaquest India Private Limited
Data last updated:
Reliaquest India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Reliaquest Netherlands Bv. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 07 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2021FTC387923. Its GSTIN is 27AALCR3483Q1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rqi India Private Limited. It is led by directors including Bhargav Madhav Pendse (Whole-Time Director) and Gregory Thomas Farrell.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 38 Lower Ground Floor Opposite Indus Biznotel Greater Kailash 1, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.22 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹8.91 Cr (net margin 9.8%) and EBITDA of ₹13.57 Cr (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 193% over three years.
The company has about 116 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website anhadlaw.com.
Company details
Contact details
Reliaquest India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressE – 38 Lower Ground Floor Opposite Indus Biznotel Greater Kailash 1, New Delhi, Delhi, India – 110048
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Reliaquest India Private 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 Reliaquest India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Reliaquest India Private Limited, buy the company report.
Financials of Reliaquest India Private Limited
FY 2025 filings availableReliaquest India Private Limited reported revenue of ₹91.22 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 193% over three years, including 44% growth in the latest year. EBITDA rose 42% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13.57 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.91 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.9% | |||
| Net Profit Margin | 9.8% | |||
| 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 Reliaquest India Private Limited, buy the company report.
Board of directors of Reliaquest India Private Limited
Reliaquest India has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gregory Thomas Farrell | Director | 07 Oct 2021 | 5 Years 1 Months | Current |
| Colin Neil Oconnor | Director | 14 Jun 2022 | 4 Years 5 Months | Current |
| Jody Philip Keeling | Director | 07 Oct 2021 | 5 Years 1 Months | Current |
| Dhruv Gandhi | Director | 07 Oct 2021 | 5 Years 1 Months | Current |
| Bhargav Madhav Pendse Also directs: Vorbitech Solutions Private Limited | Whole-Time Director | 13 Dec 2022 | 3 Years 11 Months | Current |
Peer comparison
Reliaquest India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Natixis Global Services (India) Private Limited | ₹92.97 Cr (FY 2024) | 41.0% | Bangalore, Karnataka, India | |||
| Alphonso Labs Private Limited | ₹92.69 Cr (FY 2025) | -9.0% | Karnataka, India | |||
| Paycraft Solutions Private Limited | ₹92.36 Cr (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| Imperva India Private Limited | ₹92.07 Cr (FY 2024) | 66.0% | Mumbai, Maharashtra, India | |||
| D+H Solutions India Private Limited | ₹91.23 Cr (FY 2025) | -2.0% | Thiruvananthapuram, Kerala, India | |||
| Reliaquest India Private Limitedthis company | ₹91.22 Cr (FY 2025) | ₹8.91 Cr | 9.8% | 44.0% | 116 | New Delhi, Delhi, India |
| Patny Systems Pvt Ltd | ₹91.08 Cr (FY 2025) | -7.0% | Secunderabad, Telangana, India | |||
| Tenerity India Private Limited | ₹90.78 Cr (FY 2025) | -7.0% | Pune, Maharashtra, India | |||
| Abhibha Technologies Private Limited | ₹90.53 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Bitkuber Investments Private Limited | ₹90.29 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| FNZ Technology (India) Private Limited | ₹89.63 Cr (FY 2025) | 37.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Reliaquest India Private Limited, buy the company report.
Auditor
Reliaquest India Private Limited is audited by RHMS & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RHMS & COMPANY | FY 2023 | 011508C |
Shareholding
The shareholding of Reliaquest India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Reliaquest India Private Limited, buy the company report.
Legal cases
Reliaquest India Private Limited has 1 court case on record: 1 filed by Reliaquest India. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Relia Quest Ventures Private Limited and 2 others | Pending |
To see the full case history of Reliaquest India Private 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
Reliaquest India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Reliaquest India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Reliaquest India Private Limited has a workforce of 116 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 116 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Reliaquest India Private Limited, buy the company report.
GST
Reliaquest India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCR3483Q1ZG | Maharashtra | Active | 14 Jan 2022 |
| 29AALCR3483Q1ZC | Karnataka | Active | 05 Jul 2023 |
To see the full GST registrations and return filing status of Reliaquest India Private Limited, buy the company report.
Recent activity
Reliaquest India Private Limited has 5 board changes on record since 2021: 5 appointments. The latest: Bhargav Madhav Pendse was appointed as Whole-Time Director on 13 Dec 2022.
Frequently asked questions
Reliaquest India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 07 October 2021 (5+ years old) and is registered under CIN U72900DL2021FTC387923.
Reliaquest India has 5 current directors:
- Bhargav Madhav Pendse - Whole-Time Director
- Gregory Thomas Farrell - Director
- Colin Neil Oconnor - Director
- Jody Philip Keeling - Director
- Dhruv Gandhi - Director
The latest financial statements of Reliaquest India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Reliaquest India is 27AALCR3483Q1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AALCR3483Q1ZC (Karnataka).
The CIN (Corporate Identification Number) of Reliaquest India is U72900DL2021FTC387923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliaquest India has 1 court case on record: 1 filed by the company. 1 is pending.
Reliaquest India was incorporated on 07 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Reliaquest India by revenue are Natixis Global Services (India) Private Limited, Alphonso Labs Private Limited, Paycraft Solutions Private Limited, Imperva India Private Limited, D+H Solutions India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Bhargav Madhav Pendse was appointed as Whole-Time Director on 13 Dec 2022. Colin Neil Oconnor was appointed as Director on 14 Jun 2022. Dhruv Gandhi was appointed as Director on 07 Oct 2021. Reliaquest India has 5 board changes on record in total.
Reliaquest India has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Aug 2023.
Reliaquest India can be reached through the website anhadlaw.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Reliaquest India is at E – 38 Lower Ground Floor Opposite Indus Biznotel Greater Kailash 1, New Delhi, Delhi, India – 110048.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
