
Reward Business Solutions Private Limited
About Reward Business Solutions Private Limited
Data last updated:
Reward Business Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 13 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2004PTC190748. Its GSTIN is 27AACCR8242E1ZF (Maharashtra).
The company has an authorised share capital of ₹9.11 Cr and a paid-up capital of ₹5.5 Cr. It is led by directors including Ravindra Khandelwal and Ajoy Kumar Mohta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹33,167, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹3.39 Cr and EBITDA of -₹83.87 Lakh.
As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹50 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.42 Cr; the latest was in March 2016. Its 10 peer companies in the Business Services industry (Business Auxiliary Services) are compared by revenue, 5 larger and 5 smaller; the largest is Aerens Bartercard India Private Limited. with revenue of ₹34,400.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Reward Business Solutions has one previous CIN (Corporate Identification Number): U74999WB2004PTC099766. The current CIN is U74999MH2004PTC190748, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2004PTC190748 | Current |
| U74999WB2004PTC099766 | Previous |
Contact details
Reward Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 206 Naman Midtown, 2nd Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Reward Business Solutions 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
Financials of Reward Business Solutions Private Limited
FY 2019 filings availableReward Business Solutions Private Limited reported revenue of ₹33,167 (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year. EBITDA fell 45% in the latest 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 | FY 2020-21 |
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| EBITDA | -₹83.87 Lakh | ||||
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| Net Profit (PAT) | -₹3.39 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Reward Business Solutions Private Limited, buy the company report.
Board of directors of Reward Business Solutions Private Limited
Reward Business Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Khandelwal Also directs: Solar Electronics Pvt Ltd, Highrise Commotrade Private Limited, Corebridge Infrastructure Private Limited and 3 more | Director | 12 Jul 2025 | 1 Years 3 Months | Current |
| Ajoy Kumar Mohta Also directs: Highrise Commotrade Private Limited, Corebridge Infrastructure Private Limited, Edgecore Infrastructure Private Limited and 5 more | Director | 12 Jul 2025 | 1 Years 3 Months | Current |
| Omprakash Ramnath Khandelwal | Director | 01 Nov 2018 | 8 Years 0 Months | Current |
Peer comparison
Reward Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aerens Bartercard India Private Limited. | ₹34,400 (FY 2025) | 132.0% | New Delhi, Delhi, India | |||
| Sharanam Dealtrade Private Limited | ₹34,337 (FY 2021) | 33.0% | Kolkata, West Bengal, India | |||
| Moondhara Traders Private Limited | ₹33,540 (FY 2025) | 10.0% | Guwahati, Assam, India | |||
| Havih Commosales Private Limited | ₹33,517 (FY 2021) | 32.0% | Kolkata, West Bengal, India | |||
| Gunabhrit Sales Private Limited | ₹33,367 (FY 2021) | 33.0% | Kolkata, West Bengal, India | |||
| Reward Business Solutions Private Limitedthis company | ₹33,167 (FY 2025) | -₹3.39 Cr | -90.0% | Mumbai, Maharashtra, India | ||
| Gew Electronics Private Limited | ₹33,109 (FY 2025) | -100.0% | Bangalore, Karnataka, India | |||
| Artta Securities Limited | ₹33,035 (FY 2024) | Tiruchirappalli, Tamil Nadu, India | ||||
| Maa Bhabatarini Developers Private Limited | ₹32,640 (FY 2019) | 20.0% | Durgapur, West Bengal, India | |||
| Synai Computers Private Limited | ₹32,564 (FY 2023) | -87.0% | Ernakulam, Kerala, India | |||
| M.P. Birla Group Services Private Limited | ₹32,450 (FY 2025) | 17.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Reward Business Solutions Private Limited, buy the company report.
Auditor
Reward Business Solutions Private Limited is audited by GAURANG & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURANG & CO | FY 2019 | 140164W |
Shareholding
The shareholding of Reward Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Reward Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2019 | 100248963 | Others | ₹5 Cr | Satisfied | |
| 03 Dec 2018 | 100228108 | Others | ₹45 Cr | Satisfied |
To see the full charge records of Reward Business Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Reward Business Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.42 Cr; the latest was in March 2016.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: Ace Securities Private Limited |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sanyam Distributors Private Limited , Juhi Commercial Pvt.Ltd. , Arvind Developers Pvt Ltd , an individual |
To see the full deal history of Reward Business Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reward Business Solutions Private Limited has 8 court cases on record: 4 filed by Reward Business Solutions, 4 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 1 | 0 |
| High courts | 2 | 1 | 1 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Manglam Vanijya Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Gaurav Ashok Adukia Resolution Professional of Ezeego One Tours and Travels Limited. | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Gaurav Ashok Adukia Resolution Professional of Ezeego One Tours and Travels Limited. | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Reward Business Solutions 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
No delayed payments to MSME suppliers are on our record for Reward Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reward Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR8242E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reward Business Solutions Private Limited, buy the company report.
Recent activity
Reward Business Solutions Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Ajoy Kumar Mohta ceased to be Additional Director on 25 Sep 2025.
6 earlier events are in the company report.
Frequently asked questions
Reward Business Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 13 September 2004 (22+ years old) and is registered under CIN U74999MH2004PTC190748.
Reward Business Solutions has 3 current directors:
- Ravindra Khandelwal - Director
- Ajoy Kumar Mohta - Director
- Omprakash Ramnath Khandelwal - Director
The latest financial statements of Reward Business Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Reward Business Solutions is 27AACCR8242E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Reward Business Solutions is U74999MH2004PTC190748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reward Business Solutions has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending. Most are in the nclat.
Reward Business Solutions was incorporated on 13 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Reward Business Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹3.42 Cr; the latest was in March 2016.
The peers of Reward Business Solutions by revenue are Aerens Bartercard India Private Limited, Sharanam Dealtrade Private Limited, Moondhara Traders Private Limited, Havih Commosales Private Limited, Gunabhrit Sales Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Ajoy Kumar Mohta ceased to be Additional Director on 25 Sep 2025. Ravindra Khandelwal ceased to be Additional Director on 25 Sep 2025. Namita Naresh Jain ceased to be Director on 17 Jul 2025. Reward Business Solutions has 11 board changes on record in total.
The registered office of Reward Business Solutions is at B – 206 Naman Midtown, 2nd Floor Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.

