Remi Elektrotechnik Limited

Manufactures and sells electric motors and laboratory instruments, with renewable energy initiatives.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: November 17, 2024

Remi Elektrotechnik Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.38 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.80 Cr
  • Satisfied Charges ₹ 155.38 Cr
  • Revenue Growth 6.66%
  • Profit Growth -17.37%
  • Ebitda 24.51%
  • Net Worth 2.91%
  • Total Assets 8.71%

About Remi Elektrotechnik

Remi Elektrotechnik Limited (REL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 April 1988 and has a history of 36 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512487.

The Corporate was formerly known as Rajendra Electrical Industries Limited. The Company is engaged in the Healthcare 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 5.50 Cr and a paid-up capital of Rs 4.38 Cr.

The company currently has active open charges totaling ₹1.80 Cr. The company has closed loans amounting to ₹155.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Shriya, Sunil Saraf, Vishwambhar Saraf, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1988PLC047157

  • Company No.

    047157

  • Stock Symbol

    BSE : 512487

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Healthcare
Environment

What products or services does Remi Elektrotechnik Limited offer?

Remi Elektrotechnik Limited offers a wide range of products and services, including Laboratory & Lab Equipment, Laboratory Centrifuge, Laboratory Bath, Freezers, Refrigerators & Chillers, Deep Freezer, Medical Laboratory Instruments, Blood Bank Equipments, Laboratory Chamber, Commercial Vehicles & Three Wheelers, Ambulance and Emergency Vehicle.

Who are the key members and board of directors at Remi Elektrotechnik?

Executive Team (2)

Name Designation Appointment Date Status
Ritvik Saraf Country flag representing In Managing Director 30-Oct-2009 Current
Vishwambhar Saraf Country flag representing In Managing Director 31-Oct-1991 Current

Board Members (4)

Name Designation Appointment Date Status
Sunil Saraf Country flag representing In Whole-Time Director 31-Jan-2007 Current
Sandeep Shriya Country flag representing In Director 04-Nov-2024 Current
Rajendra Saraf Country flag representing In Director 31-Oct-1991 Current
Anita Bhartiya Country flag representing In Director 04-Nov-2024 Current

Financial Performance of Remi Elektrotechnik.

Remi Elektrotechnik Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.66% increase. The company also saw a substantial fall in profitability, with a 17.37% decrease in profit. The company's net worth moved up by a moderate rise of 2.91%.

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
6.66%
Revenue from Operations
10.41%
Total Assets
8.71%
Profit or Loss
-17.37%
Net Worth
2.91%
EBITDA
24.51%

What is the Ownership and Shareholding Structure of Remi Elektrotechnik?

In 2023, Remi Elektrotechnik had a promoter holding of 99.79% and a public holding of 0.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.80 Cr

Satisfied Charges

₹155.38 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.80 Cr

Latest Charge Details

Date Lender Amount Status
20 Dec 2023 State Bank Of India ₹4.50 M Open
20 Dec 2023 State Bank Of India ₹1.35 Cr Open
20 Sep 2012 State Bank Of India ₹45.00 Cr Satisfied
09 Jul 2012 State Bank Of India ₹45.00 Cr Satisfied
14 Jun 2012 Others ₹13.89 Cr Satisfied

How Many Employees Work at Remi Elektrotechnik?

Remi Elektrotechnik has a workforce of 164 employees as of Apr 08, 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 Remi Elektrotechnik, 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 Remi Elektrotechnik'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 Remi Elektrotechnik

Recent activity within the organization

  • Director Appointment

    Sandeep Ramkrishna Shriya was appointed as a Director was appointed as a Director on 04 Nov 2024 & has been associated with this company since 2 months 28 days .

    04 Nov 2024

  • Director Appointment

    Anita Vinod Bhartiya was appointed as a Director was appointed as a Director on 04 Nov 2024 & has been associated with this company since 2 months 28 days .

    04 Nov 2024

  • Annual General Meeting

    Remi Elektrotechnik Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Remi Elektrotechnik Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.45 Cr with Charge ID 100845208 was registered on 20 Dec 2023.

    20 Dec 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.35 Cr with Charge ID 100845214 was registered on 20 Dec 2023.

    20 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Remi Elektrotechnik Limited was incorporated on 26 Apr 1988.

  • The authorized share capital of Remi Elektrotechnik Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.38 Cr.

  • Currently 6 directors are associated with Remi Elektrotechnik Limited.

    • Sandeep Ramkrishna Shriya
    • Sunil Shyamsunder Saraf
    • Vishwambhar Chiranjilal Saraf
    • Rajendra Chiranjilal Saraf
    • Anita Vinod Bhartiya
    • Ritvik Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Remi Elektrotechnik Limited is Plot No.11, Cama Industrial Estate Goregaon (East) India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Remi Elektrotechnik Limited is U51900MH1988PLC047157 and the company number is 047157 as per Ministry of Corporate Affairs (MCA).

  • Yes, Remi Elektrotechnik Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Remi Elektrotechnik Limited is https://www.remigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Remi Elektrotechnik Limited has risen by 6.66%.

  • As Per 2023 financial reports, 164 employees are currently employed by Remi Elektrotechnik Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Remi Elektrotechnik Limited has experienced an upsurge of 2.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Remi Elektrotechnik Limited amount to ₹ 1.80 Cr.

  • The most recent Balance Sheet for Remi Elektrotechnik Limited was filed with the ROC on 31 Mar 2024.

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