Redox Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.26 Cr
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.05 Cr
- Satisfied Charges ₹ 6.03 Cr
- Revenue Growth 20.76%
- Profit Growth 46.69%
- Ebitda 52.88%
- Net Worth 82.72%
- Total Assets 39.89%
About Redox Industries
Redox Industries Limited (RIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 March 2008 and has a history of 16 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Redox Industries Private Limited. The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.26 Cr.
The company currently has active open charges totaling ₹5.05 Cr. The company has closed loans amounting to ₹6.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hiteshbhai Kumbhani, Miteshbhai Rajanee, and Keval Rupavatiya serve as directors at the Company.
Company Details
-
Location
Ahmedabad, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U24120GJ2008PLC053173
-
Company No.
053173
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
07 Mar 2008
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does Redox Industries Limited offer?
Redox Industries Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Organic Fertilizers and Manure, Industrial Chemicals & Supplies, Chemical Intermediates, Fertilizer, Plant Growth Promoters, Insecticides and Pesticides, Plant Growth Regulators, Insecticides, Bio Insecticides.
Who are the key members and board of directors at Redox Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiteshbhai Kumbhani
|
Director | 07-Mar-2008 | Current |
|
Miteshbhai Rajanee
|
Director | 07-Mar-2008 | Current |
|
Keval Rupavatiya
|
Director | 17-Mar-2021 | Current |
Financial Performance of Redox Industries.
Redox Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.76% increase. The company also saw a substantial improvement in profitability, with a 46.69% increase in profit. The company's net worth Soared by an impressive increase of 82.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Redox Industries?
In 2023, Redox Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Protective Microbes LlpHiteshbhai Kumbhani and Miteshbhai Rajanee are mutual person
Charges (Loans)
₹5.05 Cr
₹6.03 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2023 | Axis Bank Limited | ₹5.05 Cr | Open |
| 18 Oct 2021 | Others | ₹2.98 M | Satisfied |
| 07 Oct 2021 | Others | ₹2.60 Cr | Satisfied |
| 13 Aug 2020 | Bank Of India | ₹2.98 M | Satisfied |
| 02 Dec 2015 | Kotak Mahindra Bank Limited | ₹3.30 M | Satisfied |
How Many Employees Work at Redox Industries?
Redox Industries has a workforce of 22 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Redox Industries, 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 Redox Industries's trajectory.
Rating
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
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.
