Receivables Exchange Of India Limited

Facilitates financing of trade receivables for MSMEs through online platform.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 07, 2024

Receivables Exchange Of India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 50.00 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 112.93%
  • Profit Growth 2603.98%
  • Ebitda 3536.44%
  • Net Worth 35.74%
  • Total Assets 32.54%

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 (Eight years and 11 months 28 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 2023. 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, Mukesh Agarwal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rxil.in

  • 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

    18 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Internet

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 (6)

NameDesignationAppointment DateStatus
Anupam Verma Country flag representing In Nominee Director 17-Aug-2022Current
Sudatta Mandal Country flag representing In Nominee Director 09-Aug-2021Current
Mukesh Agarwal Country flag representing In Director 25-Feb-2016Current
Jose Kattoor Country flag representing In Additional Director Current
Namita Sekhon Country flag representing In Director 25-May-2022Current
Anindya Paul Country flag representing In Nominee Director 18-Aug-2023Current

Financial Performance of Receivables Exchange Of India.

Receivables Exchange Of India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 112.93% increase. The company also saw a substantial improvement in profitability, with a 2603.98% increase in profit. The company's net worth Soared by an impressive increase of 35.74%.

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
112.93%
Revenue from Operations
117.56%
Total Assets
32.54%
Profit or Loss
2603.98%
Net Worth
35.74%
EBITDA
3536.44%

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

In 2023, Receivables Exchange Of India had a promoter holding of 60.00% and a public holding of 40.00%. The company had 1 Subsidiary. 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.

Graph showing employee growth trends

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

  • Annual General Meeting

    Receivables Exchange Of India Limited last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

    18 Aug 2023

  • 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 6 months .

    18 Aug 2023

  • Balance Sheet

    Receivables Exchange Of India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Anupam Kumar Verma was appointed as a Nominee Director was appointed as a Nominee Director on 17 Aug 2022 & has been associated with this company since 2 years 6 months .

    17 Aug 2022

  • Director Appointment

    Namita Sekhon was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 9 months .

    25 May 2022

  • Director Appointment

    Sudatta Mandal was appointed as a Nominee Director was appointed as a Nominee Director on 09 Aug 2021 & has been associated with this company since 3 years 6 months .

    09 Aug 2021

Frequently asked questions

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

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

  • Currently 9 directors are associated with Receivables Exchange Of India Limited.

    • Anupam Kumar Verma
    • Sudatta Mandal
    • Mukesh Agarwal
    • Ketan Gaikwad Chandrakant
    • Jose Joseph Kattoor
    • Namita Sekhon
    • Anindya Sunder Paul
    • Kailashkumar Dahyabhai Varodia
    • Grisma Biswal
  • 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, Mumbai, Maharashtra, India, 400042.

  • 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).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Receivables Exchange Of India Limited has risen by 112.93%.

  • As Per 2023 financial reports, 119 employees are currently employed by Receivables Exchange Of India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Receivables Exchange Of India Limited has experienced an upsurge of 35.74%.

  • The most recent Balance Sheet for Receivables Exchange Of India Limited was filed with the ROC on 31 Mar 2023.

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