Rashtriya E Market Services Private Limited

Unified market platform for agricultural produce in Karnataka, recognized as a digital gem.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: December 25, 2024

Rashtriya E Market Services Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -63.01%
  • Profit Growth -63.14%
  • Ebitda -2833.73%
  • Net Worth 0.73%
  • Total Assets -3.55%

About Rashtriya E Market Services

Rashtriya E Market Services Private Limited (REMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2014 and has a history of 11 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rashtriya E Market Services Private Limited India is Rachana V as COMPANY SECRETARY. Ramalingam Ramaseshan, Narayan Prasad, Shalini Rajneesh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    remsl.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01200KA2014PTC073119

  • Company No.

    073119

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2014

  • Date of AGM

    12 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce

What products or services does Rashtriya E Market Services Private Limited offer?

Rashtriya E Market Services Private Limited offers a wide range of products and services, including Food Grains, Sorghum, Dried Chillies & Pepper, Dry Red Chilli, Marketing Services, Commodities Marketing Services, Pulses, Sabut Urad Dal, Agro Waste, Groundnut Shells.

Who are the key members and board of directors at Rashtriya E Market Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Manoj Rajan Country flag representing In Managing Director10-Mar-2014Current
Rachana V Country flag representing In Company Secretary11-Jul-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Shalini Rajneesh Country flag representing In Nominee Director 13-Aug-2024Current
Ramalingam Ramaseshan Country flag representing In Nominee Director 29-Jan-2014Current
Narayan Prasad Country flag representing In Nominee Director 13-Jun-2023Current
Shivanand Kapashi Country flag representing In Nominee Director 13-Aug-2024Current
Praveen Hiremath Nominee Director 27-Aug-2024Current
Shailesh Chitre Country flag representing In Nominee Director 22-Aug-2023Current

Financial Performance of Rashtriya E Market Services.

Rashtriya E Market Services Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 63.01% decrease. The company also saw a substantial fall in profitability, with a 63.14% decrease in profit. The company's net worth moved up by a moderate rise of 0.73%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-63.01%
Revenue from Operations
-83.32%
Total Assets
-3.55%
Profit or Loss
-63.14%
Net Worth
0.73%
EBITDA
-2833.73%

What is the Ownership and Shareholding Structure of Rashtriya E Market Services?

In 2019, Rashtriya E Market Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Rashtriya E Market Services?

Rashtriya E Market Services has a workforce of 7 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashtriya E Market Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rashtriya E Market Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rashtriya E Market Services

Recent activity within the organization

  • Director Appointment

    Praveen Rudraiah Hiremath was appointed as a Nominee Director was appointed as a Nominee Director on 27 Aug 2024 & has been associated with this company since 5 months 26 days .

    27 Aug 2024

  • Director Appointment

    Shalini Rajneesh was appointed as a Nominee Director was appointed as a Nominee Director on 13 Aug 2024 & has been associated with this company since 6 months 10 days .

    13 Aug 2024

  • Director Appointment

    Shivanand Bheemappa Kapashi was appointed as a Nominee Director was appointed as a Nominee Director on 13 Aug 2024 & has been associated with this company since 6 months 10 days .

    13 Aug 2024

  • Annual General Meeting

    Rashtriya E Market Services Private Limited last Annual general meeting of members was held on 12 Jun 2024 as per latest MCA records.

    12 Jun 2024

  • Balance Sheet

    Rashtriya E Market Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Shailesh Sharadkumar Chitre was appointed as a Nominee Director was appointed as a Nominee Director on 22 Aug 2023 & has been associated with this company since 1 year 6 months .

    22 Aug 2023

Frequently asked questions

  • Rashtriya E Market Services Private Limited was incorporated on 20 Jan 2014.

  • The authorized share capital of Rashtriya E Market Services Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 8 directors are associated with Rashtriya E Market Services Private Limited.

    • Ramalingam Ramaseshan
    • Narayan Manjunatha Prasad
    • Shalini Rajneesh
    • Shivanand Bheemappa Kapashi
    • Manoj Rajan
    • Praveen Rudraiah Hiremath
    • Rachana P V
    • Shailesh Sharadkumar Chitre
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rashtriya E Market Services Private Limited is No.16 State Agricultural Marketing Board 2Nd, Raj Bhavan Road India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Rashtriya E Market Services Private Limited is U01200KA2014PTC073119 and the company number is 073119 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rashtriya E Market Services Private Limited is https://www.remsl.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rashtriya E Market Services Private Limited has fallen by -63.01%.

  • As Per 2022 financial reports, 7 employees are currently employed by Rashtriya E Market Services Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rashtriya E Market Services Private Limited has experienced an upsurge of 0.73%.

  • The most recent Balance Sheet for Rashtriya E Market Services Private Limited was filed with the ROC on 31 Mar 2024.

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