Reliable Ventures India Limited was formerly incorporated as a Private Limited Company in the name of 'Lakeland Hotel Limited' on September 1, 1992. Thereafter, the Company got converted into a Public Limited Company on 18th November 1995. The Company was Promoted by Shri Sikandar Hafiz Khan and Shri Mohammed Hafiz Khan of the 'Reliable Group' of Bhopal. The Company is engaged in the hospitality business.
In Oct, 1996 the company came out with the public issue of 65,00,000 Equity Shares of Rs 10 each for cash at par aggregating Rs 650 lacs for setting up an 'Heritage Hotel' with 60 rooms and 5 star facilities at Bhopal.
During the year 1998-99, the hotel unit has partially started commercial operations w.e.f. 15th April, 1998 and due to the change in the project scheme and addition ...of certain facilities the total cost is estimated at Rs.2400 lacs.
The company registered a growth of 12.46% in the year 1999-2000, i.e. Rs.230.67 lacs as against Rs.205.11 lacs in the previous year.
The name of the Company was changed from Lakeland Hotels Limited to 'Reliable Ventures India Limited' w.e.f. 2nd February 2007. In 2010-11, the Company expanded its base with addition of offsite Food & Beverage Outlets, firstly a bakery outlet 'Wonder Bread' was opened. The Spot', a natural food café outlet was commissioned offsite as a a part of Reliable Nature Bazaar, a Super Market of the Group. The Company opened for commercial use only 57 rooms in 2012-13. In 2022-23, Noor-Us-Sabah Palace was marked the first preferred destination for the High end travelers visiting Bhopal. The Company was made operational with two stores in name of Wonder Bread outlets,which offers wide range of bakery and confectionery products at a very nominal price.
1. Can I buy Reliable Ventures India Ltd from PL Capital? ›
Yes, you can invest in Reliable Ventures India Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Reliable Ventures India Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Reliable Ventures India Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Reliable Ventures India Ltd pay dividends? ›
Reliable Ventures India Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Reliable Ventures India Ltd ? ›
As of
06-11-2025 the share price for Reliable Ventures India Ltd. is 21.95 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Reliable Ventures India Ltd ? ›
The 52-week high and low of Reliable Ventures India Ltd share price is ₹ 17.96 - ₹ 46.79 as of
06-11-2025 .
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