About Relnet Operations Private Limited
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Relnet Operations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 11 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC130528. Its GSTIN is 29AAJCR9603A1ZD (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors including Gajanan Satyappa Mopagar and Malikarjun Basappa Khileganv.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.53 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹70,324 (net margin 0.3%) and EBITDA of ₹5.05 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relnetservices.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.198 Cmh Road, Second Floor Indiranagar Second Stage, Bangalore, Karnataka, India – 560038
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Relnet Operations Private Limited
The main business activity of Relnet Operations is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Relnet Operations Private Limited FY 2025 filings available
Relnet Operations Private Limited reported revenue of ₹2.53 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Relnet Operations Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over three years, including 8% growth in the latest year. EBITDA rose 303% 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 of Relnet Operations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70,324 | •••• | •••• | •••• | •••• |
| 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 of Relnet Operations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Relnet Operations are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Relnet Operations Private Limited
Relnet Operations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sphere Infratech Consultancy Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Ahmedabad, Gujarat, India |
| Diamatrix Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Siddhartha Synergies India Private Limited | ₹2.53 Cr (FY 2021) | •••• | •••• | 112.0% | •••• | Mumbai, Maharashtra, India |
| Design Orb Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| SP Preventive Healthcare Private Limited | ₹2.53 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Surat, Gujarat, India |
| Relnet Operations Private Limited this company | ₹2.53 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| Tejal Transmission Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Saga Studies Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Amritsar, Punjab, India |
| Fullthrottle Labs Private Limited | ₹2.53 Cr (FY 2022) | •••• | •••• | 79.0% | •••• | Bangalore, Karnataka, India |
| Ganga Calibration Services Private Limited | ₹2.53 Cr (FY 2023) | •••• | •••• | 19.0% | •••• | Hyderabad, Telangana, India |
| CFCS Cloud Solutions Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Relnet Operations by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Relnet Operations Private Limited
Relnet Operations Private Limited is audited by CHARLES & CHANDRASEKAR for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHARLES & CHANDRASEKAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Relnet Operations Private Limited
Relnet Operations has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajanan Satyappa Mopagar | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Malikarjun Basappa Khileganv | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Prashanta P Mudhol | Director | 11 Dec 2019 | 6 Years 10 Months | Current |
| Parvati Goudappanavar | Additional Director | 17 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Relnet Operations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Relnet Operations Private Limited
Relnet Operations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Relnet Operations Private Limited
Relnet Operations Private Limited has a workforce of 17 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Relnet Operations Private Limited
Relnet Operations Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Parvati Goudappanavar was appointed as Additional Director on 17 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Relnet Operations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Relnet Operations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Relnet Operations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Relnet Operations Private Limited
Relnet Operations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCR9603A1ZD | Karnataka | Active | 14 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Relnet Operations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Relnet Operations Private Limited
Relnet Operations is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U72900KA2019PTC130528.
Relnet Operations reported revenue of ₹2.53 Cr for FY 2025 (up 8% YoY).
Relnet Operations has 4 current directors:
- Gajanan Satyappa Mopagar - Director
- Malikarjun Basappa Khileganv - Director
- Prashanta P Mudhol - Director
- Parvati Goudappanavar - Additional Director
Relnet Operations reported a net profit of ₹70,324 (net margin 0.3%) and EBITDA of ₹5.05 Lakh (EBITDA margin 2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Relnet Operations is 9% over three years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Relnet Operations is 29AAJCR9603A1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Relnet Operations is U72900KA2019PTC130528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relnet Operations was incorporated on 11 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Relnet Operations by revenue are Sphere Infratech Consultancy Private Limited, Diamatrix Private Limited, Siddhartha Synergies India Private Limited, Design Orb Private Limited, SP Preventive Healthcare Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Parvati Goudappanavar was appointed as Additional Director on 17 Feb 2023. Gajanan Satyappa Mopagar ceased to be Additional Director on 30 Sep 2022. Gajanan Satyappa Mopagar was appointed as Director on 09 Aug 2021. Relnet Operations has 5 board changes on record in total.
Relnet Operations can be reached through the website relnetservices.com. Its registered office is in Bangalore, Karnataka, India.