Redeem Software Private Limited

IT consulting company providing services in communication app development, wireless networking, and embedded software.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: January 07, 2025

Redeem Software Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -97.12%
  • Profit Growth 28.64%
  • Ebitda -314.79%
  • Net Worth -1.33%
  • Total Assets -13.20%

About Redeem Software

Redeem Software Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 August 2009 and has a history of 15 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Anusuya Kandeeban, Chandramohan Talari, and Arunjacinth Mandadi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2009PTC050655

  • Company No.

    050655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Redeem Software Private Limited offer?

Redeem Software Private Limited offers a wide range of products and services, including IT Consultancy, Mobile Application Development, Website Development Services, Industrial Design Services, Networking Solutions, Wireless Networking Services.

Who are the key members and board of directors at Redeem Software?

Board Members (3)

Name Designation Appointment Date Status
Anusuya Kandeeban Country flag representing In Director 17-Aug-2009 Current
Chandramohan Talari Country flag representing In Director 24-Dec-2012 Current
Arunjacinth Mandadi Director 30-Sep-2022 Current

Financial Performance of Redeem Software.

Redeem Software Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 97.12% decrease. The company also saw a substantial improvement in profitability, with a 28.64% increase in profit. The company's net worth dipped by a decrease of 1.33%.

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
-97.12%
Revenue from Operations
Total Assets
-13.20%
Profit or Loss
28.64%
Net Worth
-1.33%
EBITDA
-314.79%

What is the Ownership and Shareholding Structure of Redeem Software?

In 2019, Redeem Software 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 Redeem Software?

Redeem Software has a workforce of 56 employees as of Apr 05, 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 Redeem Software, 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 Redeem Software'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 Redeem Software

Recent activity within the organization

  • Annual General Meeting

    Redeem Software Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Redeem Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Arunjacinth Mandadi was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Director Appointment

    Chandramohan Narayana Talari was appointed as a Director was appointed as a Director on 24 Dec 2012 & has been associated with this company since 12 years 1 month .

    24 Dec 2012

  • Director Appointment

    Anusuya Ramalingam Kandeeban was appointed as a Director was appointed as a Director on 17 Aug 2009 & has been associated with this company since 15 years 5 months .

    17 Aug 2009

  • Company Incorporation

    Redeem Software Private Limited was registered on 17 Aug 2009 with Roc Bangalore & aged 15 years 5 months as per MCA records.

    17 Aug 2009

Frequently asked questions

  • Redeem Software Private Limited was incorporated on 17 Aug 2009.

  • The authorized share capital of Redeem Software Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Redeem Software Private Limited.

    • Anusuya Ramalingam Kandeeban
    • Chandramohan Narayana Talari
    • Arunjacinth Mandadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Redeem Software Private Limited is No.2 8Th Main, Sampangi Ram Nagar India, Bengaluru, Karnataka, 560027.

  • The corporate identification number (CIN) of Redeem Software Private Limited is U72200KA2009PTC050655 and the company number is 050655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Redeem Software Private Limited is https://www.redeemsoftware.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Redeem Software Private Limited has fallen by -97.12%.

  • As Per 2019 financial reports, 56 employees are currently employed by Redeem Software Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Redeem Software Private Limited has experienced an downturn of -1.33%.

  • The most recent Balance Sheet for Redeem Software Private Limited was filed with the ROC on 31 Mar 2023.

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