Redtape Profile
Key Indicators
- Authorised Capital ₹ 30.02 Cr
- Paid Up Capital ₹ 27.65 Cr
- Company Age 3 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 432.08 Cr
About Redtape
Redtape Limited (RL) is a Public Limited Indian Non-Government Company incorporated in India on 08 December 2021 (Three years and two months 26 days old ). Its registered office is in Gautam Buddha Nagar, Uttar Pradesh, India.
The Company is engaged in the Fashion And Accessories 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 30.02 Cr and a paid-up capital of Rs 27.65 Cr.
The company currently has active open charges totaling ₹432.08 Cr.
The Key Managerial Personnel (KMP) at Redtape Limited India are Akhilendra Singh as COMPANY SECRETARY and Abhinav Jain as Cfo. Rashid Mirza, Sunanda, Rajshree Saxena, and Five other members serve as directors at the Company.
Company Details
- Location
Gautam Buddha Nagar, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74101UP2021PLC156659
- Company No.
156659
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Dec 2021
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Fashion and Accessories
What products or services does Redtape Limited offer?
Redtape Limited offers a wide range of products and services, including Shoes, Rexine Shoes, Footwear Shoe Accessories, Shoe Tape, Finished Leather, Shoe Leather, Mens Leather Boots, Mens Slippers, Men Leather Shoes, Brogue Shoes.
Who are the key members and board of directors at Redtape?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akhilendra Singh | Company Secretary | Current | |
| Abhinav Jain | CFO | 22-Mar-2023 | Current |
Shuja Mirza  | Managing Director | 08-Dec-2021 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rashid Mirza | Whole-Time Director | 08-Dec-2021 | Current |
| Sunanda | Whole-Time Director | 01-Aug-2023 | Current |
| Rajshree Saxena | Director | 07-Apr-2023 | Current |
| Arvind Verma | Whole-Time Director | 08-Dec-2021 | Current |
| Sanjay Bhalla | Director | 10-Dec-2021 | Current |
| Yashvir Singh | Director | 07-Apr-2023 | Current |
Financial Performance of Redtape.
Redtape Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
- 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 Redtape?
Unlock access to Redtape'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.
Related Corporates (Common Directorship)
Mirza International LimitedSanjay Bhalla and Subhash Sapra are mutual person
Emgee Projects Private LimitedRashid Mirza is a mutual person
- Mughal Express Llp
Shuja Mirza is a mutual person
- Genesisriverview Resorts Private Limited
Shuja Mirza is a mutual person
- Silver Spark Private Limited
Sanjay Bhalla is a mutual person
- Kasi 1981 Alumni Foundation
Sanjay Bhalla is a mutual person
Charges (Loans)
Open Charges
₹432.08 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 187.08 Cr
- Others : 125.00 Cr
- Citi Bank N.A. : 120.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Apr 2023 | Hdfc Bank Limited | ₹0.82 M | Open |
| 01 Apr 2023 | Hdfc Bank Limited | ₹1.00 M | Open |
| 01 Apr 2023 | Hdfc Bank Limited | ₹5.54 M | Open |
| 01 Apr 2023 | Hdfc Bank Limited | ₹3.44 M | Open |
| 22 Mar 2023 | Hdfc Bank Limited | ₹186.00 Cr | Open |
How Many Employees Work at Redtape?
Redtape has a workforce of 722 employees as of Mar 29, 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 Redtape, 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 Redtape'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.
Latest Updates, News, and FAQs on Redtape
Recent activity within the organization
- Annual General Meeting
Redtape Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 100.00 Cr registered on 21 Feb 2023 with Charge ID 100689802 was modified on 15 Sep 2023.
- Director Appointment
Sunanda was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Aug 2023 & has been associated with this company since 1 year 7 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 186.00 Cr registered on 22 Mar 2023 with Charge ID 100689147 was modified on 29 Jun 2023.
- Charges
A charge with Citi Bank N.A. of Rs. 120.00 Cr registered on 22 Mar 2023 with Charge ID 100689650 was modified on 06 Jun 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100704150 was registered on 01 Apr 2023.
Recent News, Updates & Announcement
Red tape slows China’s $20billion loan offtakes.Red-tape on both Bangladesh and China has slowed faster offtake of Chinese soft loans worth $24.45 billion for 27 deals inked during Chinese President Xi Jinping's visit to Bangladesh in 2016. Only two projects worth $400 million were signed in the current fiscal year, Economic Relations Division (ERD) officials said. In the last fiscal year, only one project was signed for a $1.12 billion Chinese loan. With these, the loan deals amounted to $7.8 billion under the Strengthening and Production Capacity Cooperation scheme signed during Xi Jinping's visit. ERD officials, who.
- Paytm Mall ties up with Red Tape to enhance omnichannel experience.
The e-commerce company is set to expand its reach to over 50 Red Tape stores by year-end, with an expected business of over Rs 500 crore..
- Red Tape to enter readymade garment segment.
Mirza International, manufacturer of Red Tape brand of footwear, plans to venture into the readymade garment space..
Frequently asked questions
What is the Incorporation or founding date of Redtape Limited?
Redtape Limited was incorporated on 08 Dec 2021.
What is authorized share capital and paid-up capital of Redtape Limited?
The authorized share capital of Redtape Limited is ₹ 30.02 Cr and paid-up capital is ₹ 27.65 Cr.
Who are the current board members & directors of Redtape Limited?
Currently 10 directors are associated with Redtape Limited.
- Rashid Ahmed Mirza
- Akhilendra Bahadur Singh
- Abhinav Jain
- Sunanda
- Rajshree Saxena
- Arvind Verma
- Shuja Mirza
- Sanjay Bhalla
- Yashvir Singh
- Subhash Sapra
What is the registered address of Redtape Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Redtape Limited is Plot No. 08, Sector 90, Noida, Uttar Pradesh, India, 201301.
What is the corporate identification number (CIN) and company number of Redtape Limited?
The corporate identification number (CIN) of Redtape Limited is U74101UP2021PLC156659 and the company number is 156659 as per Ministry of Corporate Affairs (MCA).
What is the official website of Redtape Limited?
The Official website of Redtape Limited is https://www.redtape.com
How many employees does Redtape Limited currently have?
As Per 2022 financial reports, 722 employees are currently employed by Redtape Limited.
What are the total open charges for Redtape Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Redtape Limited amount to ₹ 432.08 Cr.
When was the last Balance Sheet of Redtape Limited filed with the ROC?
The most recent Balance Sheet for Redtape Limited was filed with the ROC on 31 Mar 2023.
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