Receivables Exchange Of India Limited

Facilitates financing of trade receivables for MSMEs through online platform.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated:

Receivables Exchange Of India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 50.00 Cr
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 104.40%
  • Profit Growth 235.87%
  • Ebitda 253.22%
  • Net Worth 88.17%
  • Total Assets 81.02%

About Receivables Exchange Of India

Receivables Exchange Of India Limited (REOIL) is a Public Limited Indian Non-Government Company incorporated in India on 25 February 2016 (Nine years and two months 18 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Internet 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 50.00 Cr and a paid-up capital of Rs 50.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Receivables Exchange Of India Limited India are Kailashkumar Varodia as CFO and Grisma Biswal as Company Secretary. Anupam Verma, Sudatta Mandal, Manoj Mittal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2016PLC273522

  • Company No.

    273522

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2016

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Internet
Company report

Receivables Exchange Of India Limited

Explore comprehensive data for Receivables Exchange Of India Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Receivables Exchange Of India?

Executive Team (3)

NameDesignationAppointment DateStatus
Ketan Chandrakant Country flag representing In Managing Director01-Apr-2019Current
Kailashkumar Varodia CFO29-Mar-2017Current
Grisma Biswal Company Secretary29-Nov-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Manoj Mittal Country flag representing In Nominee Director 22-Aug-2024Current
Anupam Verma Country flag representing In Nominee Director 17-Aug-2022Current
Sudatta Mandal Country flag representing In Nominee Director 09-Aug-2021Current
Harish Ahuja Country flag representing In Nominee Director 22-Aug-2024Current
Jose Kattoor Country flag representing In Director 22-Nov-2023Current
Namita Sekhon Country flag representing In Director 25-May-2022Current

Financial Performance of Receivables Exchange Of India.

Receivables Exchange Of India Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 104.4% increase. The company also saw a substantial improvement in profitability, with a 235.87% increase in profit. The company's net worth Soared by an impressive increase of 88.17%.

Receivables Exchange Of India revenue growth over time
Receivables Exchange Of India 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
104.40%
Revenue from Operations
100.44%
Total Assets
81.02%
Profit or Loss
235.87%
Net Worth
88.17%
EBITDA
253.22%

What is the Ownership and Shareholding Structure of Receivables Exchange Of India?

In 2024, Receivables Exchange Of India had a promoter holding of 60.00% and a public holding of 40.00%. The company had 2 Subsidiaries. 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 Receivables Exchange Of India?

Receivables Exchange Of India has a workforce of 119 employees as of Mar 31, 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.

Employee growth trends for Receivables Exchange Of India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Receivables Exchange Of India, 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 Receivables Exchange Of India'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 Receivables Exchange Of India

Recent activity within the organization

  • Director Appointment

    Manoj Mittal was appointed as a Nominee Director was appointed as a Nominee Director on 22 Aug 2024 & has been associated with this company since 8 months 20 days .

  • Director Appointment

    Harish Ahuja was appointed as a Nominee Director was appointed as a Nominee Director on 22 Aug 2024 & has been associated with this company since 8 months 20 days .

  • Annual General Meeting

    Receivables Exchange Of India Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Receivables Exchange Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Jose Joseph Kattoor was appointed as a Director was appointed as a Director on 22 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Anindya Sunder Paul was appointed as a Nominee Director was appointed as a Nominee Director on 18 Aug 2023 & has been associated with this company since 1 year 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Receivables Exchange Of India Limited?

    Receivables Exchange Of India Limited was incorporated on 25 Feb 2016.

  • What is authorized share capital and paid-up capital of Receivables Exchange Of India Limited?

    The authorized share capital of Receivables Exchange Of India Limited is ₹ 50.00 Cr and paid-up capital is ₹ 50.00 Cr.

  • Who are the current board members & directors of Receivables Exchange Of India Limited?

    Currently 10 directors are associated with Receivables Exchange Of India Limited.

    • Anupam Kumar Verma
    • Sudatta Mandal
    • Manoj Mittal
    • Harish Ahuja
    • Ketan Gaikwad Chandrakant
    • Jose Joseph Kattoor
    • Namita Sekhon
    • Anindya Sunder Paul
    • Kailashkumar Dahyabhai Varodia
    • Grisma Biswal
  • What is the registered address of Receivables Exchange Of India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Receivables Exchange Of India Limited is 701-702 7Th Floor Supremus - E Wing I-Think Techno Campus, Kanjurmarg East India, Mumbai, Maharashtra, 400042.

  • What is the corporate identification number (CIN) and company number of Receivables Exchange Of India Limited?

    The corporate identification number (CIN) of Receivables Exchange Of India Limited is U67190MH2016PLC273522 and the company number is 273522 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Receivables Exchange Of India Limited?

    The Official website of Receivables Exchange Of India Limited is https://www.rxil.in

  • What has been the recent revenue trend for Receivables Exchange Of India Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Receivables Exchange Of India Limited has risen by 104.40%.

  • How many employees does Receivables Exchange Of India Limited currently have?

    As Per 2024 financial reports, 119 employees are currently employed by Receivables Exchange Of India Limited.

  • What change has been observed in the net worth of Receivables Exchange Of India Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Receivables Exchange Of India Limited has experienced an upsurge of 88.17%.

  • When was the last Balance Sheet of Receivables Exchange Of India Limited filed with the ROC?

    The most recent Balance Sheet for Receivables Exchange Of India Limited was filed with the ROC on 31 Mar 2024.

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