Redmond Merchants Private Limited

Processes and sells various types of rice and other products since 2003 in Haryana.

2003 | Sonipat, Haryana (India) | Active
Last Updated: February 20, 2025

Redmond Merchants Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 2.00 M
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 7.42 Cr
  • Revenue Growth 47.13%
  • Profit Growth -181.22%
  • Ebitda -1111.33%
  • Net Worth -3.85%
  • Total Assets 152.26%

About Redmond Merchants

Redmond Merchants Private Limited (RMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 2003 and has a history of 21 years and four months. Its registered office is in Sonipat, Haryana, India.

The Corporate was formerly known as Midas Marvels Private Limited. The Company is engaged in the Trading 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 1.20 Cr and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1.75 Cr. The company has closed loans amounting to ₹7.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shailendra Chouhan and Siddharth Chouhan serve as directors at the Company.

Company Details

  • Location

    Sonipat, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110HR2003PTC035219

  • Company No.

    035219

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Trading

Who are the key members and board of directors at Redmond Merchants?

Executive Team (1)

NameDesignationAppointment DateStatus
Shailendra Chouhan Country flag representing In Managing Director21-Oct-2003Current

Board Members (1)

NameDesignationAppointment DateStatus
Siddharth Chouhan Country flag representing In Additional Director 21-Jul-2023Current

Financial Performance of Redmond Merchants.

Redmond Merchants Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.13% increase. The company also saw a substantial fall in profitability, with a 181.22% decrease in profit. The company's net worth dipped by a decrease of 3.85%.

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
47.13%
Revenue from Operations
47.13%
Total Assets
152.26%
Profit or Loss
-181.22%
Net Worth
-3.85%
EBITDA
-1111.33%

What is the Ownership and Shareholding Structure of Redmond Merchants?

Unlock access to Redmond Merchants'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

₹1.75 Cr

Satisfied Charges

₹7.42 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2021Others₹1.75 CrOpen
18 Dec 2007Bank Of Baroda₹6.02 CrSatisfied
08 Aug 2007Bank Of Baroda₹9.00 MSatisfied
27 Feb 2006Syndicate Bank₹5.00 MSatisfied

How Many Employees Work at Redmond Merchants?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Siddharth Chouhan was appointed as a Additional Director was appointed as a Additional Director on 21 Jul 2023 & has been associated with this company since 1 year 7 months .

    21 Jul 2023

  • Balance Sheet

    Redmond Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100402725 was registered on 12 Jan 2021.

    12 Jan 2021

  • Charges

    A charge registered on 18 Dec 2007 via Charge ID 10085804 with Bank Of Baroda was fully satisfied on 06 Mar 2017.

    06 Mar 2017

  • Charges

    A charge registered on 08 Aug 2007 via Charge ID 10068620 with Bank Of Baroda was fully satisfied on 06 Mar 2017.

    06 Mar 2017

Frequently asked questions

  • Redmond Merchants Private Limited was incorporated on 21 Oct 2003.

  • The authorized share capital of Redmond Merchants Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Redmond Merchants Private Limited.

    • Shailendra Singh Chouhan
    • Siddharth Chouhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Redmond Merchants Private Limited is 103 A Sector 14, India, Sonepat, Haryana, 131001.

  • The corporate identification number (CIN) of Redmond Merchants Private Limited is U74110HR2003PTC035219 and the company number is 035219 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Redmond Merchants Private Limited has risen by 47.13%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Redmond Merchants Private Limited has experienced an downturn of -3.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Redmond Merchants Private Limited amount to ₹ 1.75 Cr.

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

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