Reliable Data Services Limited IPO

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Reliable Data Services is Delhi based IT service provider offering services in areas including management services, transaction processing services, human resources services and other allied services. Reliable Data provide these IT-enabled services to banks, financial institutions and manufacturing industries.
Reliable Data has expanded its business through its nine subsidiary companies. The services offered by the company as listed below:
1. Transaction Processing Services
• Pick-up and processing cheques / Drafts / Documents from clients.
• Back office support for Bank clearances and to expedite remittances.
• Coordinating Funds activity between banks and their clients.
• Follow-up with correspondent banks to expedite the early clearance of cheques and remittances against the same.
• Follow-up with your correspondent banks for an old outstanding amount of upcountry cheques sent for clearance.
• Specialized collection of cheque and tracking of same and reporting at the frequency mentioned by the client.
• Collection of Duplicate DDs against the lost/mutilated or time-barred instruments.
2. Human Resources Services
• Recruitment solutions including placement services.
• Payroll Processing.
• Outsourcing solutions related to manpower.
• Basic training facility for candidates.
• Management Compensation Planning.
• Bulk Return filing.
• Provident fund and ESI related services.
3. Management Services
• Business Consulting Services.
• Designing and installing a system for budgetary control, fund management and costing.
• Designing of Accounting and Office records.
• MIS and System review.
• Financial projections and modelling.
• Business Valuations.
• Due diligence reviews.
• Strategic Financial Management.
• Project feasibility studies.
4. Other Services
• Digitization of records with high-quality scanning.
• Bulk Data entry job work, assisting the clients with a bulk entry of data within restricted time. Merchant Servicing. Management of “DROP BOXES” and complete process of collections including MIS Reporting.
• Management of Authorisation Centres.
• Delivery and tracking of documents/bills to customers. Total mail management.
• Pick-up and processing of Charge Slips.
• Verification, physical as well as telephonic of addresses and details of new subscribers.
• Complete handling of IPOs i.e. collection of subscription forms from syndicators, data entry of the forms and encoding of cheques.
• Process review and restructuring.

Reliable Data Services Limited IPO Stock Quote & Charts



  • Open: 34.20
  • High - Low: 34.20 - 34.20
  • Previous Close: 36.00
  • Total Traded Volume: 2400
  • Updated On: 24-Dec-2019

Objects of the Reliable Data Services Limited IPO:

1. To Meet Working Capital Requirement 2. Pre-payment of Loan 3. To meet Capital Expenditure 4. General Corporate Purpose 5. To Meet the Issue Expenses

Reliable Data Services Limited IPO Details:

Open Date: Sep 27 2017
Close Date: Oct 03 2017
Total Shares: 2,600,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 14.82 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 57 Per Equity Share
Listing At: NSE Emerge
Listing Date: Oct 11 2017

Promoters And Management:

Mr. Sanjay Kumar Pathak, Mr. Rakesh Jha, Mr. Sandeep Kumar Jha, Mr. Sunil Kumar Rai and Mr. Anil Kumar Jha are the company.

Lead Manager of Reliable Data Services Limited IPO:

  1. Swastika Investmart Limited

Registrar of Reliable Data Services Limited IPO:

  1. Skyline Financial Services Private Ltd

Company Address:

Reliable Data Services Limited GF-22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, ITO, New Delhi, East Delhi 110002 Phone: +91-120-4089177 Fax: +91-120-4089120 Email: Website:

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