Readers Stores India Private Limited - Company overview

Readers was incorporated on 28 December 2007 and is registered with ROC Hyderabad.

2007-12-28 Hyderabad, Telangana Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹25–50 Cr
▲ 29.3%
FY 2023
PROFIT / LOSS
₹50 Lakh–1 Cr
▲ 395.6%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▼ -149.8%
FY 2023
NET WORTH
₹5–10 Cr
▲ 387.5%
FY 2023
TOTAL ASSETS
₹25–50 Cr
▲ 82.7%
FY 2023
EMPLOYEE COUNT
11–20
OPEN CHARGES
3
19.31 cr
PAID-UP CAPITAL
4.60 cr
AUTHORISED CAPITAL
6.00 cr
COMPANY AGE
18 Years 10 Months
since 2007-12-28
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
5
Updated: 2025-05-26 10:04:18
TOTAL MONEY RAISED
₹50 Lakh–1 Cr
SATISFIED CHARGES
1
3.90 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Readers covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
85/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (80), director (90) and company-foundation signals.
  • Operating for 18+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
80/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Readers Company identity, industry, contact, and registration details from MCA and company records.

Readers was incorporated on 28 December 2007 and is registered with ROC Hyderabad. It is an active private limited company, now about 18 years old. The registered office is at Plot No C-16 Ida, Uppal, Hyderabad, Telangana.

In its MCA filings the main business is listed as retail Trading, which made up 100% of turnover.

It has two directors: Jagan Mohan Reddy Gillella and Sai Kumar Dhandu. The longest-serving is Jagan Mohan Reddy Gillella, on the board since 2014; the most recent to join is Sai Kumar Dhandu, appointed in June 2024. Four former directors are on record; the most recent to leave was Krishna Kishore Reddy Palla in June 2024.

₹4.6 crore of its ₹6 crore authorised capital is paid up (about 77%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Three charges (secured loans) are still open, with Reliance Capital Ltd and Andhra Pradesh State Financial Corporation among the lenders, and one more has been paid off.

Education ••••••••
  • Location Plot No C-16 Ida, Uppal, Hyderabad, Telangana - 500039
  • Website readers.in
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Legal NameReaders Stores India Private Limited
CIN / LLPINU52100TG2007PTC056873
Company No.056873
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2007-12-28
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Hyderabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Readers (2) Current board members from MCA filings, including designation and appointment details.

J
Jagan Mohan Reddy Gillella
Director | Since 2014-03-10 | DIN: 06838320
S
Sai Kumar Dhandu
Director | Since 2024-06-01 | DIN: 07211647

Financial Performance of Readers Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹25–50 Cr ▲ 29.3%
P&L ₹50 Lakh–1 Cr ▲ 395.6%
EBITDA Loss · ₹1–5 Cr ▼ -149.8%
Net worth ₹5–10 Cr ▲ 387.5%

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Verified entity values are shown only after access is granted.

Charges of Readers Open and satisfied charges registered against the company with MCA.

Others : 26.40 cr
Andhra Pradesh State Financial Corporation : 50.00 Lakh
Reliance Capital Ltd : 20.80 Lakh
Open Charges: 3 Satisfied Charges: 1
Open 19.31 cr
Satisfied 3.90 cr
LenderAmountStatus
Others
Creation Date: 07 Nov 2019
 3.90 cr Closed
Others
Creation Date: 24 Sep 2019
 22.50 cr Open
Reliance Capital Ltd
Creation Date: 24 Dec 2012
 20.80 Lakh Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
TradeRetail Trading100

Financial Ratios of Readers Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Readers Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Readers EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Readers GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Readers Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Readers MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Readers Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Readers Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Readers?
MCA does not publish an "owner" field. Readers is run by its directors, Jagan Mohan Reddy Gillella and Sai Kumar Dhandu. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Readers?
Readers has two current directors: Jagan Mohan Reddy Gillella (since March 2014) and Sai Kumar Dhandu (since June 2024).
What is CIN of Readers?
The CIN of Readers is U52100TG2007PTC056873. Reading it left to right: U means it is not listed, 52100 is the industry code it registered under, TG is Telangana, 2007 is the year it was registered, PTC is the company type and 056873 is its registration number.
When was Readers incorporated?
Readers was incorporated on 28 December 2007 with ROC Hyderabad. That makes it about 18 years old.
What is the registered address of Readers?
The registered office on MCA records is Plot No C-16 Ida, Uppal, Hyderabad, Telangana - 500039.
What is the current status of Readers?
MCA shows Readers as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Readers?
You can post to its registered office at Plot No C-16 Ida, Uppal, Hyderabad, Telangana - 500039 and use its website, https://readers.in.
What industry or business activity is Readers associated with?
Its MCA filings list the main business as retail Trading (100% of turnover).
What is paid-up capital and authorised share capital of Readers?
Paid-up capital is ₹4.6 crore and authorised capital is ₹6 crore, so about 77% of the authorised amount has been issued.
When did Readers last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Readers?
Three charges against Readers are still open and one has been satisfied. Lenders named in the filings include Reliance Capital Ltd and Andhra Pradesh State Financial Corporation.
Have any directors left Readers?
Yes, four former directors are on record. The most recent to leave were Krishna Kishore Reddy Palla (June 2024), Anurag Palla (September 2019) and Pramod Kumar Reddy Palla (February 2019).
What is the turnover or revenue of Readers?
Based on filed financial statements, the revenue of Readers for FY 2023 was in the ₹25–50 Cr range. That is up 29.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Readers?
For FY 2023, the net worth of Readers was in the ₹5–10 Cr range.
How can I get the financial details of Readers?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Readers?
The website on record for Readers is https://readers.in.
Which company owns readers.in?
readers.in is the website listed for Readers Stores India Private Limited in its company records.
Readers - is it listed or unlisted?
Readers is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Readers?
Readers is registered with ROC Hyderabad.
What is the company classification of Readers?
MCA classifies Readers as: Private Limited Indian Non-Government Company.
Does Readers have GST registrations on file?
Yes, 5 active GST registrations are linked to Readers, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.