About Relyon Softech Limited
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Relyon Softech Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 04 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PLC027572. Its GSTIN is 29AABCR7796N1ZC (Karnataka). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.88 Cr. It is led by directors including Nitin Shamji Patel (Whole-Time Director) and Hudugur Subba Rao Nagendra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shreelekha Complex Floor II No. 73 Basaveshwaranagar 2nd Stage, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.12 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.31 Cr (net margin 6.1%) and EBITDA of ₹5.64 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company has about 488 employees on its provident fund (EPFO) records.
The company is associated with 4 brands: Saral Accounts, Saral GST, Saral TDS and Reylon. As per MCA filings, the company has open charges of ₹10 Lakh on record. The company has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹1.16 Cr; the latest was in March 2018. Its 10 peer companies in the Information Technology industry (Application Development) are compared by revenue, 5 larger and 5 smaller; the largest is PS Intelegencia Analytics Private Limited with revenue of ₹54.49 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relyonsoft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShreelekha Complex Floor II No. 73 Basaveshwaranagar 2nd Stage, Bangalore, Karnataka, India – 560086
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Relyon Softech Limited
The main business activities of Relyon Softech are information and communication and trade. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
| G | Trade | G2 | Retail Trading | 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 Relyon Softech Limited FY 2025 filings available
Relyon Softech Limited reported revenue of ₹54.12 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Relyon Softech Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 12% growth in the latest year. EBITDA fell 18% 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 Relyon Softech 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 | ₹5.64 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.31 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Relyon Softech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Relyon Softech are in the company report.
Financial statements from 2015
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 Relyon Softech Limited
Relyon Softech Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PS Intelegencia Analytics Private Limited | ₹54.49 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Blue Jeans Network India Private Limited | ₹54.45 Cr (FY 2021) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
| Saisystems Technology Private Limited | ₹54.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Pune, Maharashtra, India |
| QSS Technosoft Private Limited | ₹54.35 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kurukshetra, Haryana, India |
| Tribal Fusion R&D Private Limited | ₹54.34 Cr (FY 2017) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Relyon Softech Limited this company | ₹54.12 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Endeavour Software Technologies Private Limited | ₹53.98 Cr (FY 2021) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Paul Mason Consulting (India) Private Limited | ₹53.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Vadodara, Gujarat, India |
| Cei India Private Limited | ₹53.71 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Credit Karma India Private Limited | ₹53.55 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Techouts Solutions India Private Limited | ₹53.52 Cr (FY 2024) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Relyon Softech by revenue in the Information Technology industry (Application Development), 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 Relyon Softech Limited
Relyon Softech Limited is audited by H.D RAMAKRISHNA AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.D RAMAKRISHNA AND CO | 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 Relyon Softech Limited
Relyon Softech has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Shamji Patel Also directs: Shubhashree Chits & Investments Private Limited | Whole-Time Director | 27 Sep 2010 | 16 Years 0 Months | Current |
| Mohan Srinivasan | Director | 29 Sep 2001 | 25 Years 0 Months | Current |
| Hudugur Subba Rao Nagendra | Whole-Time Director | 29 Sep 2001 | 25 Years 0 Months | Current |
Ownership and Shareholding of Relyon Softech 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 Relyon Softech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2011 | Bank of India | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Relyon Softech Limited
Relyon Softech Limited has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹1.16 Cr; the latest was in March 2018.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ramesh M.J HUF, 3 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Dayaram Patel HUF |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Relyon Softech Limited
Relyon Softech operates multiple associated brands including Saral Accounts, Saral GST, and Saral TDS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers GST enabled accounting software with inventory, billing, and financial management features. | saralaccounts.com | |
| Provides GST billing and accounting software to streamline business financial operations. | saralgst.com | |
| Accounting management software solutions are provided for business operations. | relyonsoft.com | |
| TDS software for tax return filing and compliance services in India. | saraltds.com |
Employees and EPFO Compliance at Relyon Softech Limited
Relyon Softech Limited has a workforce of 488 employees as of Apr 06, 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.
News related to Relyon Softech Limited
Recent Activity on Relyon Softech Limited
Relyon Softech Limited has 10 board changes on record since 2001: 3 appointments and 7 cessations. The latest: Shamji Ladhabhai Patel ceased to be Director on 29 Jun 2020.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Relyon Softech 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 Relyon Softech 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 Relyon Softech 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 Relyon Softech Limited
Relyon Softech has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR7796N1ZC | Karnataka | Active | 01 Jul 2017 |
| 29AABCR7796N2ZB | Karnataka | Active | 01 Apr 2025 |
| 27AABCR7796N1ZG | Maharashtra | Active | 16 Jul 2017 |
| 36AABCR7796N1ZH | Telangana | Active | 25 Jul 2017 |
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 Relyon Softech 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 Relyon Softech Limited
Relyon Softech is an active public limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 04 August 2000 (26+ years old) and is registered under CIN U72200KA2000PLC027572.
Relyon Softech reported revenue of ₹54.12 Cr for FY 2025 (up 12% YoY).
Relyon Softech has 3 current directors:
- Nitin Shamji Patel - Whole-Time Director
- Hudugur Subba Rao Nagendra - Whole-Time Director
- Mohan Srinivasan - Director
Relyon Softech reported a net profit of ₹3.31 Cr (net margin 6.1%) and EBITDA of ₹5.64 Cr (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Relyon Softech is 15% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Relyon Softech is 29AABCR7796N1ZC, registered in Karnataka. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 29AABCR7796N2ZB (Karnataka), 27AABCR7796N1ZG (Maharashtra), 36AABCR7796N1ZH (Telangana).
The CIN (Corporate Identification Number) of Relyon Softech is U72200KA2000PLC027572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relyon Softech was incorporated on 04 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Relyon Softech has 12 deals on record (8 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹1.16 Cr; the latest was in March 2018.
The peers of Relyon Softech by revenue are PS Intelegencia Analytics Private Limited, Blue Jeans Network India Private Limited, Saisystems Technology Private Limited, QSS Technosoft Private Limited, Tribal Fusion R&D Private Limited and 5 more, all in the Information Technology industry (Application Development).
Shamji Ladhabhai Patel ceased to be Director on 29 Jun 2020. Sethu Rao Srinivasarao ceased to be Director on 28 Sep 2017. Nitin Shamji Patel was appointed as Whole-Time Director on 27 Sep 2010. Relyon Softech has 10 board changes on record in total.