When was RELYON SOFTECH LIMITED incorporated?

RELYON SOFTECH LIMITED was incorporated on Aug 04, 2000. It is registered with the Registrar of Companies, Bangalore, and its current company status is Active.

What is the Corporate Identification Number (CIN) of RELYON SOFTECH LIMITED?

RELYON SOFTECH LIMITED's Corporate Identification Number (CIN) is U72200KA2000PLC027572.

What is the latest employee count at RELYON SOFTECH LIMITED?

As of Aug 31, 2025, the latest employee count at RELYON SOFTECH LIMITED is 533, reflecting a 3% year-over-year growth in headcount.

Does RELYON SOFTECH LIMITED have any loans on it?

RELYON SOFTECH LIMITED has taken out 1 loan from the financial institution BANK OF INDIA LIMITED, with a total disclosed borrowing of over ₹10L.

Who are the authorized signatories of RELYON SOFTECH LIMITED?

As of Sep 2026, the authorized signatories of RELYON SOFTECH LIMITED include Hudugur Subba Rao Nagendra, Mohan Srinivasan and Nitin Shamji Patel, and others.

RELYON SOFTECH LIMITED - 2026 Company Profile, Financials & Shareholding

Name: RELYON SOFTECH LIMITED
Brand: RELYON SOFTECH LIMITED
Price: 3.38 USD

Most viewed in 2019

RELYON SOFTECH LIMITED is a Public Limited Company and was incorporated on Aug 04, 2000 in India. It is registered at Registrar of Companies, ROC Bangalore. Its registered address is Shreelekha Complex, Floor II No. 73, Basaveshwaranagar 2nd Stage, BANGALORE, Karnataka, India, 560086. Its corporate identification number is (CIN) U72200KA2000PLC027572 and its current status is Active. Its industry classification as per MCA is software Publishing, Consultancy And Supply [Software Publishing Includes Production, Supply And Documentation Of Ready-Made (Non-Customized) Software, Operating Systems Software, Business & Other Applications Software, Computer Games Software For All Platforms. Consultancy Includes Providing The Best Solution In The Form Of Custom Software After Analyzing The User’S Needs And Problems. Custom Software Also Includes Made-To-Order Software Based On Orders From Specific Users. Also, Included Are Writing Of Software Of Any Kind Following Directives Of The Users; Software Maintenance, Web-Page Design]. It had a team size of 533 employees as on Aug 31, 2025.

RELYON SOFTECH LIMITED's last Annual General Meeting (AGM) was held on Aug 29, 2025 as per records from Ministry of Corporate Affairs (MCA). RELYON SOFTECH LIMITED's authorised share capital is ₹3Cr and its paid up capital is ₹2.88Cr. The current board of directors of RELYON SOFTECH LIMITED comprises Mohan Srinivasan, Nagendra H S and 1 more.

RELYON SOFTECH LIMITED generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025.

Key Metrics

CIN

U72200KA2000PLC027572

Location

India

Current Status

Active

Entity Type

Public Limited Company

Date Of Incorporation

Aug 04, 2000

Company Age

26 Years 1 Month

Registrar of Companies

ROC - Bangalore

Last AGM Date

Aug 29, 2025

Latest Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Latest Employee Count

533 as on Aug 31, 2025

Authorized Capital

₹3Cr

Paid Up Capital

₹2.88Cr

Email: *****@relyonsoft.com
Registered Address: Shreelekha Complex, Floor II No. 73, Basaveshwaranagar 2nd Stage, BANGALORE, Karnataka, India, 560086

There are 5 brands associated with RELYON SOFTECH LIMITED which includes Saral GST , Relyon , Saral Accounts , Saral PayPack and Saral Tax Office .

Name	Short Description	Founded Year	Location	Current Stage
Saral GST	Provides GST billing and accounting software	2009	India	Unfunded
Relyon	Developer of software for tax filing payroll and accounting management	2000	India	Seed
Saral Accounts	On-premise accounting and billing software	2014	India	Unfunded
Saral PayPack	Provider of payroll processing and compliance software for Indian businesses	2001	India	Unfunded
Saral Tax Office	Cloud-based tax filling and payroll management solutions for businesses	2007	India	Funding Raised

View more details on RELYON SOFTECH LIMITED's profile

The majority of RELYON SOFTECH LIMITED's turnover comes from Information and communication.

Main Activity Group Code	Description of Main Activity	Business Activity Code	Description of Business Activity	Turnover Percentage
J	Information and communication	62	Computer programming, consultancy and related activities	eln
G	Wholesale and retail trade; repair of motor vehicles and motorcycles	47	Retail trade, except of motor vehicles and motorcycles	sdp

Filing Summary

Here is a summary of filing activity and document availability across financial years:

File Type	FY 24-25	FY 23-24	FY 22-23	FY 21-22	FY 20-21
Financial Statements
Annual Returns

Latest Financials, Share Allotment and Annual Report

The latest filed financial documents, annual reports, and share allotment filings are shown below:

Changes to Capital Structure

Buy Now

Recent Filings

Below are the most recent filings submitted by the company:

Document Name	Category	Filing Date
Form PAS-6	Other eForm Documents	Nov 13, 2025
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Oct 09, 2025
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Oct 09, 2025
Optional attachment(s)- if any	Annual Returns and Balance Sheet eForms	Oct 09, 2025
List of share holders, debenture holders;	Annual Returns and Balance Sheet eForms	Oct 09, 2025
Form MGT-7	Annual Returns and Balance Sheet eForms	Oct 09, 2025
Photograph of the registered office of the Company showing external building and name prominently visible	Annual Returns and Balance Sheet eForms	Oct 09, 2025
Form CSR-2	Annual Returns and Balance Sheet eForms	Sep 27, 2025
Form CSR-2	Annual Returns and Balance Sheet eForms	Sep 27, 2025
Form CSR-2	Annual Returns and Balance Sheet eForms	Sep 27, 2025

To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available15 mins

RELYON SOFTECH LIMITED generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of RELYON SOFTECH LIMITED has a compounded annual growth rate (CAGR) of 12% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	9661	7747	5824	5946	1152
Total Sales	9642	1154	5964	1152	8503
Total Expenses	8050	6859	4038	2649	1596
Operating Expenses	9975	6176	6532	7278	9001
Employee Expenses	9009	8771	4621	5054	1103
Operating Income (EBIT)	1240	1632	7682	5912	5493
Interest Expenses	4507	4987	2471	9658	6322
Expenses from other activities	8565	7575	7748	5844	6928
EBITDA	8957	7967	2953	8874	6121
Taxes	5517	6940	9230	8423	2876
Net Profit	2917	5524	9558	5415	7966
Balance Sheet
Assets	6611	4167	1687	6805	3124
Accounts Receivables	4985	1610	9620	6935	6138
Inventory	8526	7932	2917	8832	4905
Liabilities	5123	5793	3543	2875	4112
Total Debt	2734	7416	9913	9517	2788
Accounts Payable	2896	2002	7361	9306	3136
Equities	1733	2592	7014	9174	2972

To access detailed financial performance and data, Buy Financial Report FY 25 Available

Ratios

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Profitability Ratios
EBITDA Margin	1499	7805	7481	8151	1229
EBIT Margin	6439	1557	2351	8413	9455
Net Profit Margin	8607	3769	5868	4693	3148
Return on Assets (ROA)	5383	7857	8411	9218	8674
Return on Equity (ROE)	5629	3345	3251	5837	6768
Return on Capital Employed	7940	2347	2718	8126	7283
Return on Invested Capital	7234	2087	8061	1696	1535
Efficiency Ratios
Asset Turnover	2648	4063	9810	5776	3662
Receivables Turnover	4616	1044	2570	8717	4081
Days Sales Outstanding	1493	2348	8658	5158	2278
Inventory Turnover	3412	3052	4133	3966	7927
Days Inventory Outstanding	1746	4525	2965	2425	8400
Payables Turnover	9722	8449	4781	6006	8971
Days Payables Outstanding	6868	4102	8175	3685	3863
Liquidity Ratios
Current Ratio	3901	1115	4321	6360	2366
Quick Ratio	3016	4964	7375	5874	2687
Debt Ratios
Debt-to-Equity Ratio	7559	2162	3241	1473	7084
Debt Ratio	4186	3091	1363	4276	5205
Interest Coverage Ratio	5516	3153	6228	9765	5483
Debt Service Coverage Ratio	2973	9650	4231	4359	6071
Net Debt/EBITDA	7099	1565	2362	8561	7866
Growth Ratios
Revenue Growth Rate (CAGR)	6073	4423	7197	1420	6409
Earnings Growth Rate (CAGR)	9382	9495	6390	3693	7992

To access detailed financial performance and data, Buy Financial Report FY 25 Available

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Compounded Annual Growth Rate of RELYON SOFTECH LIMITED

Revenue CAGR	Growth
1 Year	12%
3 Year	557
5 Year	728

EBITDA CAGR	Growth
1 Year	-18%
3 Year	356
5 Year	350

Disclaimer

RELYON SOFTECH LIMITED has taken 1 loan.

Here is a list of loans and charges on RELYON SOFTECH LIMITED:

As a Borrower

Loan/ Charge ID	Lender Name	Loan Amount	Status	Creation Date	Closure Date
10290006	BANK OF INDIA LIMITED	₹10L	filphqg	Jun 08, 2011	symhbgh

To access detailed information on a company’s loans, borrowings, & registered charges,

Founders own 31.73%, Funds own 3.08%, Angels own 1.88% and Other People (largest shareholder) own 63.33%. The net worth of RELYON SOFTECH LIMITED's founders is INR 1.36Cr as of Mar 20, 2009.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	31.73%	1.36Cr	5641361	5941856	5917100	6197559
Shamji L Patel	6386771	7633204	9426265	1754222	8587270	4480081
Ca Mohan	5751831	4408935	3910349	1885824	6958811	5428713
Nagendra H S	59	53	45	44	95	34
Fund	3.08%	13.2L	384	713	829	693
Shubhashree Chits And Investments	829	909	557	804	423	788
Angel	1.88%	8.04L	8	1	6	1
Ramji A Patel	0	0	0	0	0	0
Ramesh R Patel	0	0	0	0	0	0
Other People	63.33%	2.71Cr	6954395	1141711	7705327	8360762
Total	100.00%	4.28Cr	9293989	4926907	1282880	4732176

To access the complete ownership breakdown, Buy Cap Tables

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Board of Directors of RELYON SOFTECH LIMITED

Here is the list of current board of directors of RELYON SOFTECH LIMITED:

Name	Designation	Status	Appointment Date	Duration
Mohan Srinivasan	Director	Current	Sep 29, 2001	25 Years
Nagendra H S	Whole-time Director	Current	Sep 29, 2001	25 Years
Shamji L Patel	Whole-time Director	Current	Sep 27, 2010	16 Years

To access detailed information on a company’s board members, directors, & authorized signatories,

Signatories of RELYON SOFTECH LIMITED

Here is the list of current signatories of RELYON SOFTECH LIMITED:

Name	Designation(s)	Status	Appointment Date	Duration
Hudugur Subba Rao Nagendra	Whole-time Director	Current	Sep 29, 2001	25 Years
Mohan Srinivasan	Director	Current	Sep 29, 2001	25 Years
Nitin Shamji Patel	Whole-time Director	Current	Sep 27, 2010	16 Years

To access detailed information on a company’s board members, directors, & authorized signatories,

Cross Directorships of RELYON SOFTECH LIMITED

RELYON SOFTECH LIMITED has directors who also hold positions in 8 other legal entities. All are listed below:

Legal Entity Name	% of Common Directors	Common Director(s)	Open Charge(s)	Active Legal Case(s)
SARAL SHIKSHA INFO PRIVATE LIMITED CIN: U80900KA2011PTC060894, India, Strike off	511	527	588	416
KMC SPECIALITY HOSPITALS (INDIA) LIMITED CIN: L85110TN1982PLC009781, India, Active	778	384	540	266
BASIL RESTAURANTS PRIVATE LIMITED CIN: U15119TN2008PTC068972, India, Strike off	589	253	859	376
GOLF LEATHER COMPANY PRIVATE LIMITED CIN: U18209TN1997PTC039216, India, Strike off	337	850	559	400
UNICOPP BIZEX PRIVATE LIMITED CIN: U74900TN2014PTC095078, India, Active	694	671	377	262
UNICORP ADVISORS PRIVATE LIMITED CIN: U65923TN2011PTC080614, India, Active	732	325	438	826
SUJIT FINCON PRIVATE LIMITED CIN: U74140WB2011PTC164387, India, Strike off	651	880	388	708
SHUBHASHREE CHITS & INVESTMENTS PRIVATE LIMITED CIN: U65992KA1986PTC007904, India, Active	253	468	874	272

To access detailed information on a company’s board members, directors, & authorized signatories,

RELYON SOFTECH LIMITED has an employee count of 533 as on Aug 31, 2025.

Employee count trend for RELYON SOFTECH LIMITED

Date	Employee Count
Aug 25	533
Jul 25	847
Jun 25	320
May 25	982
Apr 25	737
Mar 25	537
Feb 25	437

There are 5 brands associated with RELYON SOFTECH LIMITED, including Saral GST, Relyon, and others. Here is the list of the Top 10 competitors of Saral GST ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TaxDown 2018, Madrid (Spain), Series B	Cloud and app-based tax management solutions for individuals and businesses	$26.1M	Base10 Partners, Abac Nest & 19 others	69/100
2nd	TaxBuddy 2018, Mumbai (India), Seed	Provider of assisted and DIY online tax filing services	$3.68M	Zenith Global, Mangal Keshav & 40 others	65/100
3rd	Numeral One 2022, San Francisco (United States), Series B	Software-based sales tax automation management platform	$57M	Benchmark, Y Combinator & 6 others	61/100
4th	Lettuce 2023, San Francisco (United States), Series A	Automated accounting and tax management software	$52M	Zeev Ventures, Viola FinTech	61/100
5th	Vialto Partners 2022, New York City (United States), Acquired	Tax management, immigration, and mobility solutions for businesses	$225M	CD&R, HPS Investment Partners	60/100
6th	onShore Security 1991, Chicago (United States), Series B	Cyber security solutions provider	$46M	Vertex Ventures, FPV Ventures & 5 others	59/100
7th	TaxAct 1998, Dallas (United States), Acquired	Software-based tax filing platform for individuals and businesses	$85M	Capital Southwest, TA Associates	58/100
8th	Column Tax 2021, New York City (United States), Series A	Online tax refunds & tax monitoring solutions for individuals and businesses	$26.8M	Bain Capital Ventures, Felicis Ventures ... & 8 others	58/100
9th	Filed 2024, Brooklyn (United States), Seed	Provider of AI-powered tax preparation, review, and advisory software	$17.2M	Northzone, Day One Ventures & 4 others	56/100
10th	Tax Systems 1991, Staines upon Thames (United Kingdom), Acquired	Tax compliance and regulatory solutions for businesses	-	Rothschild & Co, BGF & 1 others	56/100
26th	Saral GST 2009, Bengaluru (India), Unfunded	Provides GST billing and accounting software	-	-	43/100