Reliable Ventures
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Reliable Ventures India’s ₹21-a-share open offer for 2,863,354 shares, representing 26% of its equity, received tenders for and accepted just 79 shares worth ₹1,659. Following the offer, the acquirers’ reported holding stood at 54.08%, including the 59,55,815 shares agreed to be acquired under the promoter share-purchase agreement, versus a proposed post-offer holding of 80.08%.
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Reliable Ventures India’s ₹21-a-share open offer for 2,863,354 shares, representing 26% of its equity, received tenders for and accepted just 79 shares worth ₹1,659. Following the offer, the acquirers’ reported holding stood at 54.08%, including the 59,55,815 shares agreed to be acquired under the promoter share-purchase agreement, versus a proposed post-offer holding of 80.08%.
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July 15 (Reuters) - Reliable Ventures India Ltd REVE.BO:
RELIABLE VENTURES INDIA - APPOINTS SIVANAG VASIREDDY AS MANAGING DIRECTOR
Source text: ID:nBSEq45LS
Further company coverage: REVE.BO
(([email protected];;))
July 15 (Reuters) - Reliable Ventures India Ltd REVE.BO:
RELIABLE VENTURES INDIA - APPOINTS SIVANAG VASIREDDY AS MANAGING DIRECTOR
Source text: ID:nBSEq45LS
Further company coverage: REVE.BO
(([email protected];;))
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What does Reliable Ventures do?
Reliable Ventures India Ltd operates hotels in India, offering various services like rooms, food, beverages, telephone, and telex, generating revenue through these services.
Who are the competitors of Reliable Ventures?
Reliable Ventures major competitors are Best Eastern Hotels, TGB Banquets & Hotel, Aruna Hotels, Valencia India, Ras Resorts & Apart, Pecos Hotels & Pubs, Ajwa Fun World & Res. Market Cap of Reliable Ventures is ₹27 Crs. While the median market cap of its peers are ₹24 Crs.
Is Reliable Ventures financially stable compared to its competitors?
Reliable Ventures seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Reliable Ventures pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Reliable Ventures latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Reliable Ventures allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Reliable Ventures balance sheet?
Balance sheet of Reliable Ventures is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Reliable Ventures improving?
The profit is oscillating. The profit of Reliable Ventures is -₹0.69 Crs for Mar 2025, -₹1.53 Crs for Mar 2024 and -₹1.14 Crs for Mar 2023
Is the debt of Reliable Ventures increasing or decreasing?
The net debt of Reliable Ventures is decreasing. Latest net debt of Reliable Ventures is -₹1.53 Crs as of Mar-26. This is less than Mar-25 when it was ₹0.22 Crs.
Is Reliable Ventures stock expensive?
Reliable Ventures is not expensive. Latest PE of Reliable Ventures is 0, while 3 year average PE is 1.86. Also latest EV/EBITDA of Reliable Ventures is 0.0 while 3yr average is 1.7.
Has the share price of Reliable Ventures grown faster than its competition?
Reliable Ventures has given better returns compared to its competitors. Reliable Ventures has grown at ~0.45% over the last 1yrs while peers have grown at a median rate of -11.05%
Is the promoter bullish about Reliable Ventures?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Reliable Ventures is 54.08% and last quarter promoter holding is 54.08%.
Are mutual funds buying/selling Reliable Ventures?
There is Insufficient data to gauge this.