About Rise Worldwide Limited
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Rise Worldwide Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 19 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2008PLC178019. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹106.72 Cr. It was formerly known as Swarnakalash Trading Private Limited and Img Reliance Private Limited. It is led by directors including Devang Tulsi Bhimjyani and Suhel Seth.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Court House 3rd Floor Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹166.12 Cr. For the same year it recorded a net loss of ₹59 Cr (net margin -35.5%) and EBITDA of -₹3.01 Cr (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 1% over five years.
The company is associated with 2 brands: RISE Worldwide and IMG Reliance. Court records list 3 cases involving the company, including 3 filed by the company. The company has 13 deals on record (4 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹216.79 Cr; the latest was in March 2021.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riseworldwide.in.
Company details
Name history
Rise Worldwide has undergone 3 name changes throughout its history. The company was previously known as Swarnakalash Trading Private Limited, Img Reliance Private Limited, and Img Reliance Limited. The current legal name is Rise Worldwide Limited.
| Company Name | Status |
|---|---|
| Rise Worldwide Limited | Current |
| Swarnakalash Trading Private Limited | Previous |
| Img Reliance Private Limited | Previous |
| Img Reliance Limited | Previous |
CIN history
Rise Worldwide has one previous CIN (Corporate Identification Number): U52100MH2008PTC178019. The current CIN is U52100MH2008PLC178019, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2008PLC178019 | Current |
| U52100MH2008PTC178019 | Previous |
Contact details
Rise Worldwide Limited's registered office is in Mumbai, Maharashtra. Its website is riseworldwide.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCourt House 3rd Floor Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Rise Worldwide 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
Brands
Rise Worldwide operates two associated brands: RISE Worldwide and IMG Reliance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Event management services are provided from Mumbai, India. | imgreliance.com | |
| Sports, entertainment, and lifestyle services in India. | riseworldwide.in |
Business activity
The main business activities of Rise Worldwide are information and communication, arts, entertainment and recreation and support service to organizations. In detail, this covers broadcasting and programming activities, creative, arts and entertainment activities and office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities | |
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Rise Worldwide Limited, buy the company report.
Financials of Rise Worldwide Limited
FY 2025 filings availableRise Worldwide Limited reported revenue of ₹166.12 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. 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
| 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 | ₹166.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -35.5% | ||||
| 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 Rise Worldwide Limited, buy the company report.
Board of directors of Rise Worldwide Limited
Rise Worldwide has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Tulsi Bhimjyani | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
| Suhel Seth Also directs: Counselage India Private Limited | Director | 03 Jul 2021 | 5 Years 3 Months | Current |
| Jalaj Ashwin Dani Also directs: Cronus Merchandise LLP, Greenlam Industries Limited, Resins and Plastics Limited and 5 more | Director | 05 Dec 2018 | 7 Years 10 Months | Current |
| Ritu Bhojak Also directs: Sanmina-Sci India Private Limited, Sanmina-Sci Technology India Private Limited, Reliance Bio Energy Limited and 5 more | Director | 05 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Rise Worldwide Limited is audited by Chaturvedi & Shah LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaturvedi & Shah LLP | FY 2025 | 101720W/W100355 |
Shareholding
The shareholding of Rise Worldwide Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rise Worldwide Limited, buy the company report.
Deals & funding
Rise Worldwide Limited has 13 deals on record (4 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹216.79 Cr; the latest was in March 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Acquisition | Undisclosed | Buyer: Reliance Industries Limited Seller: Img Singapore Pte Limited |
| Aug 2019 | Acquisition | Undisclosed | Buyer: Reliance Industries Limited Seller: Reliance Industrial Investments and Holdings Limited |
| Nov 2016 | Rights issue | ₹31.55 Cr | Investors: Reliance Industrial Investments and Holdings Limited , Img Singapore Pte Limited |
| Nov 2015 | Rights issue | ₹10.8 Cr | Investors: Reliance Industrial Investments and Holdings Limited , Img Singapore Pte Limited |
| Aug 2015 | Rights issue | ₹54.64 Cr | Investors: Reliance Industrial Investments and Holdings Limited , Img Singapore Pte Limited |
To see the full deal history of Rise Worldwide 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
Rise Worldwide Limited has 3 court cases on record: 3 filed by Rise Worldwide. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Mahuaa Media Pvt. Ltd. | Disposed |
| High Court, TAMIL NADU | Petition | Filed by the company against Tamil Nadu Tennis Association | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Basketball Federation of India & Ors. | Disposed |
To see the full case history of Rise Worldwide 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 Rise Worldwide Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rise Worldwide has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rise Worldwide Limited, buy the company report.
Recent activity
Rise Worldwide Limited has 48 board changes on record since 2008: 26 appointments and 22 cessations. The latest: Mariyappan Madu Balraj ceased to be Company Secretary on 05 Apr 2024.
39 earlier events are in the company report.
News
Frequently asked questions
Rise Worldwide is an active public limited company based in Mumbai, Maharashtra, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 19 January 2008 (18+ years old) and is registered under CIN U52100MH2008PLC178019.
Rise Worldwide has 4 current directors:
- Devang Tulsi Bhimjyani - Director
- Suhel Seth - Director
- Jalaj Ashwin Dani - Director
- Ritu Bhojak - Director
The latest financial statements of Rise Worldwide on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
No. Rise Worldwide has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rise Worldwide is U52100MH2008PLC178019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rise Worldwide has 3 court cases on record: 3 filed by the company.
Rise Worldwide was incorporated on 19 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Rise Worldwide has 13 deals on record (4 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹216.79 Cr; the latest was in March 2021.
Mariyappan Madu Balraj ceased to be Company Secretary on 05 Apr 2024. Mohana Venkatachalam ceased to be Director on 06 Oct 2023. Ritu Bhojak was appointed as Director on 05 Oct 2023. Rise Worldwide has 48 board changes on record in total.
Rise Worldwide can be reached through the website riseworldwide.in. Its registered office is in Mumbai, Maharashtra, India.
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