Redemaco Engineering Private Limited

Manufacturer of shot blasting and painting equipment, spares, and accessories, authorized distributor for Graco Inc. and International Surface Preparation Corporation.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated: July 09, 2024

Redemaco Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.49 M
  • Company Age 44 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.43 Cr
  • Satisfied Charges ₹ 1.95 Cr
  • Revenue Growth 126.37%
  • Profit Growth 407.42%
  • Ebitda 406.59%
  • Net Worth 31.37%
  • Total Assets 84.03%

About Redemaco Engineering

Redemaco Engineering Private Limited (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 1980 and has a history of 44 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 1.49 M.

The company currently has active open charges totaling ₹2.43 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saurabh Pethe, Madhavrao Unhelkar, and Subhash Pethe serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    redemaco.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1980PTC022310

  • Company No.

    022310

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Redemaco Engineering Private Limited offer?

Redemaco Engineering Private Limited offers a wide range of products and services, including Hoses & Hose Fittings, Suction Hose, Pollution Control Devices & Machines, Air Filters, Rubber Hose, Powder Coating Machine & Equipment, Powder Coating Machine, Chisels, Surface Coating & Paint Equipment, Spray Painting Equipment.

Who are the key members and board of directors at Redemaco Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Subhash Pethe Country flag representing In Managing Director 17-Jun-1987 Current

Board Members (2)

Name Designation Appointment Date Status
Saurabh Pethe Country flag representing In Whole-Time Director 19-Jul-2013 Current
Madhavrao Unhelkar Country flag representing In Director 06-Jun-2008 Current

Financial Performance of Redemaco Engineering.

Redemaco Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 126.37% increase. The company also saw a substantial improvement in profitability, with a 407.42% increase in profit. The company's net worth Soared by an impressive increase of 31.37%.

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
126.37%
Revenue from Operations
126.00%
Total Assets
84.03%
Profit or Loss
407.42%
Net Worth
31.37%
EBITDA
406.59%

What is the Ownership and Shareholding Structure of Redemaco Engineering?

Unlock access to Redemaco Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.31 M

Satisfied Charges

₹19.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.07 Cr
  • Corporation Bank : 0.36 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2002 Others ₹2.07 Cr Open
31 Oct 2001 Corporation Bank ₹0.45 M Open
17 Jul 2001 Corporation Bank ₹0.13 M Open
10 Feb 2001 Corporation Bank ₹2.70 M Open
04 Sep 1980 Corporation Bank ₹0.30 M Open

How Many Employees Work at Redemaco Engineering?

Redemaco Engineering has a workforce of 23 employees as of Apr 10, 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 Redemaco Engineering, 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 Redemaco Engineering'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 Redemaco Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Redemaco Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 20.73 M registered on 16 Feb 2002 with Charge ID 90229754 was modified on 17 Feb 2023.

    17 Feb 2023

  • Charges

    A charge registered on 19 Mar 2016 via Charge ID 100025828 with Others was fully satisfied on 08 Jul 2016.

    08 Jul 2016

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100025828 was registered on 19 Mar 2016.

    19 Mar 2016

  • Director Appointment

    Saurabh Subhash Pethe was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 19 Jul 2013 & has been associated with this company since 11 years 6 months .

    19 Jul 2013

Frequently asked questions

  • Redemaco Engineering Private Limited was incorporated on 07 Mar 1980.

  • The authorized share capital of Redemaco Engineering Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.49 M.

  • Currently 3 directors are associated with Redemaco Engineering Private Limited.

    • Saurabh Subhash Pethe
    • Madhavrao Unhelkar
    • Subhash Vithal Pethe
  • As per Ministry of Corporate Affairs (Mca), the registered address of Redemaco Engineering Private Limited is Purushottam Niwas6 Park Road, Vile Parle(East), Mumbai, Maharashtra, India, 400057.

  • The corporate identification number (CIN) of Redemaco Engineering Private Limited is U74210MH1980PTC022310 and the company number is 022310 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Redemaco Engineering Private Limited is https://www.redemaco.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Redemaco Engineering Private Limited has risen by 126.37%.

  • As Per 2023 financial reports, 23 employees are currently employed by Redemaco Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Redemaco Engineering Private Limited has experienced an upsurge of 31.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Redemaco Engineering Private Limited amount to ₹ 2.43 Cr.

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

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