IPO Snapshot
 
Reliable Data Services Ltd.
Issue Open Date 27-Sep-17  
Issue Closing Date 03-Oct-17  
Application Money 100  
Allotment Money  
Price Band 57 -  
Minimium Application No. 2000  
Issue Size (Shares) 2600000  
Market Lot 1  
Objective
OBJECTS OF THE ISSUEThe Issue includes a public Issue of 26,00,000 Equity Shares of our Company at an Issue Price of ` 57/- per Equity ShareThe Fresh IssueThe Net Proceeds from the Fresh Issue will be utilized towards the following objects:1. To Meet Working Capital Requirement2. Pre-payment of Loan3. To meet Capital Expenditure4. General Corporate Purpose5. To Meet the Issue Expenses
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     100518000    
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
OVERVIEWIncorporation in 2001, we are primarily engaged in providing customized services to various Banks, financial institutions and othermanufacturing industries in the field of management services, transaction processing services, human resources services and other allied services. Our Company is floated by a group of professionals having business interest in IT enabled services which includes web enabled services, remote services and covers the entire range of operations which exploit information technology for improvingefficiency of an organization along with debt management services, collection from corporate clients, reconciliation, follow up andcustomized MIS etc.Our Company was originally incorporated on March 22, 2001 as “Reliable Data Services Private Limited” under the provisions ofthe Companies Act, 1956 with the Registrar of Companies, N.C.T of Delhi and Haryana. Further, our Company was converted intoPublic Limited Company and consequently name of company was changed from “Reliable Data Services Private Limited” to“Reliable Data Services Limited” vide Special resolution passed by the Shareholders at the Extra Ordinary General Meeting held onJuly 14, 2017 and a fresh certificate of incorporation dated July 25, 2017 issued by the Registrar of Companies, Delhi.Our Company has entered into agreement with various leading MNC and Private Sector Banks like Standard Chartered Bank,Deutsche Bank, HSBC, HDFC Bank Ltd, ICICI Bank, Axis Bank, Citibank and Yes Bank for providing various support services.The agreement which our company entered with banks are short term and long term depending upon the type of services and itsterms and conditions. Subsequently, few Public Sector Banks were also added to our client list such as IDBI, Union Bank andCorporation Bank Our Company initiated operation by providing PDC Management Services/Presentation for ICICI Bank and lateron other banks were added to the client list. The Company is now engaged in collection services with mobile based applicationdeveloped by banks, image based data processing and other backend processing on behalf of various banks. This opened a newhorizon for us and these operations increases the revenue significantly in few years by spreading services to various banks acrossIndia.The Initial Promoters of the Company was Mr. Sandeep Kumar Jha & Mrs. Ranjana Kumar who was subscriber to MOA/AOA.Presently our Company is promoted by Mr. Sanjay Kumar Pathak, Mr. Rakesh Jha, Mr. Sandeep Kumar Jha, Mr. Anil Kumar Jhaand Mr. Sunil Kumar Rai. Additionally our top management always lays emphasis on core strength and policies that focus ontechnology and great deliverance of our Services. With a passion to set high standards of our services, the management has alwaystaken all measures to scale up as and when required only to deliver the best. We work diligently and have a wide range of servicesoffered to carter to every need and to reach the client sensitivity and centricity.For the year ended March 31, 2017, our Company’s Total Revenue and Restated Profit after Tax were Rs. 2051.08 Lacs and Rs.97.07 Lacs, respectively. For the year ended March 31, 2016, our Company’s Total Revenue and Restated Profit after Tax was Rs.1900.72 Lacs and Rs. 101.77 Lakhs respectively, compared to our Company’s Total Income and Restated Profit after Tax of Rs.1897.11 Lacs and Rs. 139.76 Lacs respectively, over previous year ended i.e. March 31, 2015 as per Restated Standalone FinancialsStatements of our Company.Our Services:-1. Transaction Processing Services2. Management Services3. Human Resource Services4. Other Allied Services
Promoter's Holding
Total Share Capital   6000000  
Offered to Public   2600000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   69.77  
Address
G F-22
Hans Bhawan
1
Bahadur Shah Zafar Marg
Ito

New Delhi ,
Delhi ,
110002
Phone : 0120-4089177 / 100
Email : reliable.ho@reliablegroupindia.com
Website : www.rdspl.com
Registrar
Skyline Financial Services Pvt Ltd
123
Vinoba Puri
Lajpat Nagar - II

New Delhi
Listed at
NSE
Lead Manager
Swastika Investmart Ltd.
Promoters
Anil Kumar Jha
Rakesh Jha
Sandeep Kumar Jha
Sanjay Kumar Patahk
Sunil Kumar Rai