Redington Limited

Distributor of IT and mobility products with supply chain management solutions.

1961 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Redington Profile

Key Indicators

  • Authorised Capital ₹ 170.00 Cr
  • Paid Up Capital ₹ 156.35 Cr
  • Company Age 63 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,109.19 Cr
  • Satisfied Charges ₹ 586.20 Cr
  • Revenue Growth 30.38%
  • Profit Growth 14.63%
  • Ebitda 31.42%
  • Net Worth 21.88%
  • Total Assets 24.26%

About Redington

Redington Limited (RL) was founded in India on 02 May 1961 and has a glorious history of 63 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532805 and on the National Stock Exchange(NSE) under REDINGTON.

The Corporate was formerly known as Redington (India) Private Limited. 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 170.00 Cr and a paid-up capital of Rs 156.35 Cr.

The company currently has active open charges totaling ₹1,109.19 Cr. The company has closed loans amounting to ₹586.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Redington Limited India are Natarajan Ramesh as Ceo, Vishnampet Hariharan as Ceo, Viswanathan Shankar as Cfo, and One other members. Ramachandran Jayaraman, Anita Belani, Tu Chyuan, and Four other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    redingtongroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52599TN1961PLC028758

  • Company No.

    028758

  • Stock Symbol

    BSE : 532805 NSE : REDINGTON

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 May 1961

  • Date of AGM

    31 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Redington Limited offer?

Redington Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Lighting, Solar Inverter, Growatt Solar Inverter, Solar Panels, Monocrystalline Solar Panel, Inverters, Power Inverter, Printing Press, Digital Printing Press.

Who are the key members and board of directors at Redington?

Executive Team (4)

NameDesignationAppointment DateStatus
Natarajan Ramesh Country flag representing In CEO11-Jun-2020Current
Vishnampet Hariharan CEO11-Sep-2023Current
Viswanathan Shankar CFO08-Feb-2022Current
Vijayshyam Kunjibettu Company Secretary26-Dec-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Sudip Nandy Country flag representing In Director 25-Mar-2024Current
Anita Belani Country flag representing In Director 01-Apr-2019Current
Ramachandran Jayaraman Country flag representing In Director 21-Nov-2006Current
Tu Chyuan Country flag representing Tw Director 24-Oct-2008Current
Srinivasan Krishnan Country flag representing In Whole-Time Director 22-May-2019Current
Balasubramanyan Ramaratnam Country flag representing In Director 24-May-2016Current

Financial Performance of Redington.

Redington Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.38% increase. The company also saw a substantial improvement in profitability, with a 14.63% increase in profit. The company's net worth Soared by an impressive increase of 21.88%.

Redington revenue growth over time
Redington 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
30.38%
Revenue from Operations
30.80%
Total Assets
24.26%
Profit or Loss
14.63%
Net Worth
21.88%
EBITDA
31.42%

What is the Ownership and Shareholding Structure of Redington?

In 2021, Redington had a public holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,109.19 Cr

Satisfied Charges

₹586.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 350.00 Cr
  • Standard Chartered Bank : 190.00 Cr
  • Citi Bank N.A. : 178.69 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 170.00 Cr
  • Dbs Bank Ltd : 135.50 Cr
  • Others : 85.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2013Yes Bank Limited₹20.00 CrOpen
30 Jan 2012Dbs Bank Ltd₹135.50 CrOpen
24 Sep 2010Others₹100.00 CrOpen
12 Feb 2009Others₹110.00 CrOpen
28 Mar 2008Idbi Bank Limited₹5.00 CrOpen

How Many Employees Work at Redington?

Unlock and access historical data on people associated with Redington, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Redington Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Redington, 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 Redington'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 Redington

Recent activity within the organization

  • Director Appointment

    Sudip Nandy was appointed as a Director was appointed as a Director on 25 Mar 2024 & has been associated with this company since 11 months 9 days .

  • Director Appointment

    Vijayshyam Acharya Kunjibettu was appointed as a Company Secretary was appointed as a Company Secretary on 26 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

    Redington Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.

  • Balance Sheet

    Redington Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 28 Aug 2018 via Charge ID 100203774 with Others was fully satisfied on 12 Oct 2020.

  • Charges

    A charge with Others of Rs. 100.00 Cr registered on 24 Sep 2010 with Charge ID 10243409 was modified on 15 Sep 2020.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Redington Limited?

    Redington Limited was incorporated on 02 May 1961.

  • What is authorized share capital and paid-up capital of Redington Limited?

    The authorized share capital of Redington Limited is ₹ 170.00 Cr and paid-up capital is ₹ 156.35 Cr.

  • Who are the current board members & directors of Redington Limited?

    Currently 11 directors are associated with Redington Limited.

    • Ramachandran Jayaraman
    • Anita Belani
    • Tu Shu Chyuan
    • Sudip Nandy
    • Srinivasan Venkata Krishnan
    • Balasubramanyan Ramaratnam
    • Yiju Chen
    • Natarajan Ramesh
    • Vishnampet Sethuraman Hariharan
    • Viswanathan Ravi Shankar
    • Vijayshyam Acharya Kunjibettu

  • What is the registered address of Redington Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Redington Limited is Centre Point Plot No. 11 (Sp), Thiru. Vi. Ka. Industrial Estate Guindy, Chennai, Tamil Nadu, India, 600032.

  • What is the corporate identification number (CIN) and company number of Redington Limited?

    The corporate identification number (CIN) of Redington Limited is L52599TN1961PLC028758 and the company number is 028758 as per Ministry of Corporate Affairs (MCA).

  • Is Redington Limited registered with any stock exchange in India?

    Yes, Redington Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): REDINGTON.

  • What is the official website of Redington Limited?

    The Official website of Redington Limited is https://www.redingtongroup.com

  • What has been the recent revenue trend for Redington Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Redington Limited has risen by 30.38%.

  • What change has been observed in the net worth of Redington Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Redington Limited has experienced an upsurge of 21.88%.

  • What are the total open charges for Redington Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Redington Limited amount to ₹ 1,109.19 Cr.

  • When was the last Balance Sheet of Redington Limited filed with the ROC?

    The most recent Balance Sheet for Redington Limited was filed with the ROC on 31 Mar 2023.

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