- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0058178

About Rely IT Services Private Limited
Data last updated:
Rely IT Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 14 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2012PTC083125. Its GSTIN is 36AAGCR0888N1ZP (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000. It is led by directors Vengababu Pasupuleti and Abdul Khadar Jeelani Shaik.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No.4B 3rd Floor Dora'S Legend Vengalrao Nagar, Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.29 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1,481 (net margin 1.1%) and EBITDA of ₹11,193 (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 66% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.73 Lakh on record.
Rely IT Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0058178). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relyitservices.com.
Company details
CIN history
Rely IT Services has one previous CIN (Corporate Identification Number): U72200AP2012PTC083125. The current CIN is U72200TG2012PTC083125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2012PTC083125 | Current |
| U72200AP2012PTC083125 | Previous |
Recognitions & Rankings of Rely IT Services
Contact details
Rely IT Services Private Limited's registered office is in Hyderabad, Telangana. Its website is relyitservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.4B 3rd Floor Dora'S Legend Vengalrao Nagar, Hyderabad, Telangana, India – 500038
- IndustryEducation, EdTech Solutions
To see the full contact details of Rely IT Services 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 Rely IT Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Rely IT Services Private Limited, buy the company report.
Financials of Rely IT Services Private Limited
FY 2023 filings availableRely IT Services Private Limited reported revenue of ₹1.29 Lakh (down 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 29% fall in the latest year. EBITDA rose 46% 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
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| EBITDA | ₹11,193 | ||||
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| Net Profit (PAT) | ₹1,481 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 8.7% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Rely IT Services Private Limited, buy the company report.
Board of directors of Rely IT Services Private Limited
Rely IT Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vengababu Pasupuleti Also directs: Alightpro IT Private Limited, Ururals Private Limited | Director | 27 Nov 2014 | 11 Years 10 Months | Current |
| Abdul Khadar Jeelani Shaik Also directs: Alightpro IT Private Limited | Director | 14 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Rely IT Services Private Limited is audited by RATNA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATNA & ASSOCIATES | FY 2017 | 011567S |
Shareholding
The shareholding of Rely IT Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rely IT Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100561750 | Hdfc Bank Limited | ₹41.73 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Rely IT Services Private Limited 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 Rely IT Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rely IT Services Private Limited has a workforce of 12 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Rely IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCR0888N1ZP | Telangana | Active | 29 Nov 2017 |
To see the full GST registrations and return filing status of Rely IT Services Private Limited, buy the company report.
Recent activity
Rely IT Services Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Mohammad Rafi Shaik ceased to be Director on 28 Nov 2014.
Frequently asked questions
Rely IT Services is an active private limited company based in Hyderabad, Telangana, India. The company works in edtech solutions, within the education industry. It was incorporated on 14 September 2012 (14+ years old) and is registered under CIN U72200TG2012PTC083125.
Rely IT Services has 2 current directors:
- Vengababu Pasupuleti - Director
- Abdul Khadar Jeelani Shaik - Director
The latest financial statements of Rely IT Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Rely IT Services is 36AAGCR0888N1ZP, registered in Telangana.
The CIN (Corporate Identification Number) of Rely IT Services is U72200TG2012PTC083125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rely IT Services was incorporated on 14 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Mohammad Rafi Shaik ceased to be Director on 28 Nov 2014. Vengababu Pasupuleti was appointed as Director on 27 Nov 2014. Kishore Reddy Yellety ceased to be Director on 19 Feb 2013. Rely IT Services has 4 board changes on record in total.
Yes, Rely IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0058178).
Rely IT Services can be reached through the website relyitservices.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Rely IT Services is at Plot No.4B 3rd Floor DoraS Legend Vengalrao Nagar, Hyderabad, Telangana, India – 500038.