Rely IT Services Private Limited

Rely IT Services Private Limited - education in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U72200TG2012PTC083125 Incorporated 14 September 2012 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company education MSME · Micro
Data last updated
Revenue · FY 2023
₹1.29 Lakh
▼ 29% YoY
Net profit · FY 2023
₹1,481
Net margin 1.1%
EBITDA · FY 2023
₹11,193
EBITDA margin 8.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1,000
Issued & subscribed
Open charges
₹41.73 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
12
Provident fund records

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 U72200TG2012PTC083125
Registration Number 083125
Incorporation Date 14 September 2012
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0058178

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.

CINStatus
U72200TG2012PTC083125Current
U72200AP2012PTC083125Previous

Recognitions & Rankings of Rely IT Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0058178

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
  • Registered Address
    Plot No.4B 3rd Floor Dora'S Legend Vengalrao Nagar, Hyderabad, Telangana, India – 500038
  • Industry
    Education, EdTech Solutions

To see the full contact details of Rely IT Services Private Limited, buy the company report.

Comprehensive company report
Rely IT Services Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer 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 available

Rely IT Services Private Limited reported revenue of ₹1.29 Lakh (down 29% YoY) for FY 2023.

Revenue · FY 2023
₹1.29 Lakh ▼ 29%
Net profit · FY 2023
₹1,481 margin 1.1%
EBITDA · FY 2023
₹11,193 margin 8.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 47%
5 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 27%
5 years · compounded
▼ 62%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹11,193
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1,481
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin8.7%
Net Profit Margin1.1%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vengababu PasupuletiDirector27 Nov 201411 Years 10 MonthsCurrent
Abdul Khadar Jeelani ShaikDirector14 Sep 201214 Years 1 MonthsCurrent

Auditor

Rely IT Services Private Limited is audited by RATNA & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
RATNA & ASSOCIATESFY 2017011567S

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 categoryFY 2017FY 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

Open charges
₹41.73 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.42 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Mar 2022100561750Hdfc Bank Limited₹41.73 LakhOpen

Total charge records: 1 View all charges

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.

Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%

GST

Rely IT Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAGCR0888N1ZPTelanganaActive29 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.

AGM
Rely It Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Rely It Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 41.73 Lakh with Charge ID 100561750 was registered on 25 Mar 2022.
Ceased
Mohammad Rafi Shaik ceased to be Director.
Appointed
Vengababu Pasupuleti was appointed as Director.
Ceased
Kishore Reddy Yellety ceased to be Director.
Appointed
Abdul Khadar Jeelani Shaik was appointed as Director.
Incorporation
14 Sep 2012
Rely It Services Private Limited was registered on 14 Sep 2012 with Roc Hyderabad & aged 14 years 1 month as per MCA records.

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:

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.