Reda Chemicals India Private Limited

Chemical trading and marketing research for paint, coating, and construction industries.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: June 30, 2024

Reda Chemicals India Profile

Key Indicators

  • Authorised Capital ₹ 41.00 Cr
  • Paid Up Capital ₹ 32.93 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 61.00 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 7.58%
  • Profit Growth -681.95%
  • Ebitda -377.11%
  • Net Worth -89.55%
  • Total Assets -19.89%

About Reda Chemicals India

Reda Chemicals India Private Limited (RCIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 16 August 2011 and has a history of 13 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 41.00 Cr and a paid-up capital of Rs 32.93 Cr.

The company currently has active open charges totaling ₹61.00 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reda Chemicals India Private Limited India is Niyati Shah as COMPANY SECRETARY. Manish Khandekar, Karim Smadi, and Thierry Vergnes serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    redagroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2011FTC220981

  • Company No.

    220981

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    16 Aug 2011

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Reda Chemicals India?

Executive Team (1)

NameDesignationAppointment DateStatus
Niyati Shah Country flag representing In Company Secretary10-Nov-2014Current

Board Members (3)

NameDesignationAppointment DateStatus
Manish Khandekar Country flag representing In Director 07-Nov-2014Current
Karim Smadi Country flag representing Lb Director 16-Aug-2011Current
Thierry Vergnes Country flag representing Fr Director 29-Sep-2023Current

Financial Performance of Reda Chemicals India.

Reda Chemicals India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.58% increase. The company also saw a substantial fall in profitability, with a 681.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 89.55%.

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
7.58%
Revenue from Operations
7.46%
Total Assets
-19.89%
Profit or Loss
-681.95%
Net Worth
-89.55%
EBITDA
-377.11%

What is the Ownership and Shareholding Structure of Reda Chemicals India?

In 2023, Reda Chemicals India 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)

Open Charges

₹61.00 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 30.00 Cr
  • Others : 20.00 Cr
  • Hdfc Bank Limited : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2022Hdfc Bank Limited₹11.00 CrOpen
14 Sep 2021The Hongkong And Shanghai Banking Corporation Limited₹30.00 CrOpen
08 May 2021Others₹20.00 CrOpen
25 Jan 2017Hdfc Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Reda Chemicals India?

Reda Chemicals India has a workforce of 39 employees as of Apr 09, 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 Reda Chemicals 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 Reda Chemicals 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 Reda Chemicals India

Recent activity within the organization

  • Annual General Meeting

    Reda Chemicals India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Thierry Vergnes was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

  • Balance Sheet

    Reda Chemicals India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Jan 2017 via Charge ID 100127639 with Hdfc Bank Limited was fully satisfied on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 11.00 Cr with Charge ID 100628463 was registered on 04 Nov 2022.

    04 Nov 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 14 Sep 2021 with Charge ID 100481159 was modified on 03 Oct 2022.

    03 Oct 2022

Frequently asked questions

  • Reda Chemicals India Private Limited was incorporated on 16 Aug 2011.

  • The authorized share capital of Reda Chemicals India Private Limited is ₹ 41.00 Cr and paid-up capital is ₹ 32.93 Cr.

  • Currently 4 directors are associated with Reda Chemicals India Private Limited.

    • Manish Vishnu Khandekar
    • Karim Smadi
    • Niyati Shah
    • Thierry Vergnes
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reda Chemicals India Private Limited is Unit No.705 7Th FloorThe Summit Bussiness Bay Pereira Hill Road Off Andheri Kurla Roa, D Andheri, Mumbai, Maharashtra, India, 400099.

  • The corporate identification number (CIN) of Reda Chemicals India Private Limited is U24100MH2011FTC220981 and the company number is 220981 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reda Chemicals India Private Limited is https://www.redagroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reda Chemicals India Private Limited has risen by 7.58%.

  • As Per 2023 financial reports, 39 employees are currently employed by Reda Chemicals India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reda Chemicals India Private Limited has experienced an downturn of -89.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reda Chemicals India Private Limited amount to ₹ 61.00 Cr.

  • The most recent Balance Sheet for Reda Chemicals India Private Limited was filed with the ROC on 31 Mar 2023.

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