Remi Sales And Engineering Limited

Trading electrical and steel goods, laboratory equipment, and wind power production.

1980 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Remi Sales And Engineering Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.70 M
  • Company Age 44 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 10.80 Cr
  • Revenue Growth 8.21%
  • Profit Growth 32.36%
  • Ebitda 39.71%
  • Net Worth 13.53%
  • Total Assets 4.92%

About Remi Sales And Engineering

Remi Sales And Engineering Limited (RSAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 March 1980 and has a history of 44 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504360.

The Corporate was formerly known as Balaji Sales And Engineering Limited. The Company is engaged in the Environment 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 6.00 M and a paid-up capital of Rs 5.70 M.

The company has closed loans amounting to ₹10.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ritvik Saraf, Mahabir Sharma, Bhagirath Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31100MH1980PLC022314

  • Company No.

    022314

  • Stock Symbol

    BSE : 504360

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment
Machinery and Equipment

What products or services does Remi Sales And Engineering Limited offer?

Remi Sales And Engineering Limited offers a wide range of products and services, including Medical Laboratory Instruments, Pathology Lab Equipments, Autoclaves, Sterilizers & Incubators, Medical Refrigerator Systems, Warehouses and Warehousing Agents, Freezers, Laboratory & Lab Equipment, Laboratory Mixers, Industrial Mixers & Homogenizers, Homogenizer.

Who are the key members and board of directors at Remi Sales And Engineering?

Board Members (4)

Name Designation Appointment Date Status
Ritvik Saraf Country flag representing In Whole-Time Director 11-Aug-2021 Current
Mahabir Sharma Country flag representing In Director 01-Mar-2008 Current
Bhagirath Singh Country flag representing In Director 01-Jul-2022 Current
Vinod Jalan Country flag representing In Director 31-Jan-2006 Current

Financial Performance of Remi Sales And Engineering.

Remi Sales And Engineering Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.21% increase. The company also saw a substantial improvement in profitability, with a 32.36% increase in profit. The company's net worth Soared by an impressive increase of 13.53%.

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
8.21%
Revenue from Operations
8.35%
Total Assets
4.92%
Profit or Loss
32.36%
Net Worth
13.53%
EBITDA
39.71%

What is the Ownership and Shareholding Structure of Remi Sales And Engineering?

In 2023, Remi Sales And Engineering had a promoter holding of 97.96% and a public holding of 2.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹108.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.80 Cr

Latest Charge Details

Date Lender Amount Status
30 Jul 1999 State Bank Of India ₹8.40 Cr Satisfied
30 Jul 1999 State Bank Of India ₹1.05 Cr Satisfied
30 Jul 1999 State Bank Of India ₹1.05 Cr Satisfied
08 Aug 1990 State Bank Of India ₹2.00 M Satisfied
24 Mar 1988 State Bank Of India ₹1.00 M Satisfied

How Many Employees Work at Remi Sales And Engineering?

Remi Sales And Engineering has a workforce of 182 employees as of Mar 23, 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 Sales And Engineering, 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 Sales And Engineering'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 Sales And Engineering

Recent activity within the organization

  • Annual General Meeting

    Remi Sales And Engineering Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Remi Sales And Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Bhagirath Singh was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 7 months .

    01 Jul 2022

  • Charges

    A charge registered on 30 Jul 1999 via Charge ID 90242235 with State Bank Of India was fully satisfied on 10 Jun 2022.

    10 Jun 2022

  • Charges

    A charge registered on 08 Aug 1990 via Charge ID 90166087 with State Bank Of India was fully satisfied on 10 Jun 2022.

    10 Jun 2022

  • Charges

    A charge registered on 30 Jul 1999 via Charge ID 90234562 with State Bank Of India was fully satisfied on 04 May 2022.

    04 May 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Remi Sales And Engineering Limited was incorporated on 07 Mar 1980.

  • The authorized share capital of Remi Sales And Engineering Limited is ₹ 6.00 M and paid-up capital is ₹ 5.70 M.

  • Currently 4 directors are associated with Remi Sales And Engineering Limited.

    • Ritvik Saraf
    • Mahabir Jawalaprasad Sharma
    • Bhagirath Singh
    • Vinod Chiranjilal Jalan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Remi Sales And Engineering Limited is Plot No.11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Remi Sales And Engineering Limited is U31100MH1980PLC022314 and the company number is 022314 as per Ministry of Corporate Affairs (MCA).

  • Yes, Remi Sales And Engineering Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Remi Sales And Engineering Limited is https://www.remigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Remi Sales And Engineering Limited has risen by 8.21%.

  • As Per 2023 financial reports, 182 employees are currently employed by Remi Sales And Engineering Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Remi Sales And Engineering Limited has experienced an upsurge of 13.53%.

  • The most recent Balance Sheet for Remi Sales And Engineering Limited was filed with the ROC on 31 Mar 2023.

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