About Rashtriya E Market Services Private Limited
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Rashtriya E Market Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online auction platforms segment of the e-commerce sector. It was incorporated on 20 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01200KA2014PTC073119. Its GSTIN is 29AAGCR7847F2ZV (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Manoj Rajan (Managing Director) and Shalini Rajneesh.
Its last annual general meeting (AGM) was held on 02 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.16 Karnataka State Agricultural Marketing Board 2nd Raj Bhavan Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2026, the company reported a revenue of ₹12.98 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹6.75 Cr (net margin 52%) and EBITDA of ₹9.44 Cr (EBITDA margin 72.7%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 1% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ReMS. Court records list 46 cases involving the company, including 46 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remsl.in.
Company details
Contact details
Rashtriya E Market Services Private Limited's registered office is in Bangalore, Karnataka. Its website is remsl.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.16 Karnataka State Agricultural Marketing Board 2nd Raj Bhavan Road, Bangalore, Karnataka, India – 560001
- IndustryE-Commerce, Online Auction Platforms
To see the full contact details of Rashtriya E Market Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Rashtriya E Market Services is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Rashtriya E Market Services Private Limited, buy the company report.
Financials of Rashtriya E Market Services Private Limited
FY 2025 filings availableRashtriya E Market Services Private Limited reported revenue of ₹12.98 Cr (up 13% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹9.44 Cr | ||||
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| Net Profit (PAT) | ₹6.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 72.7% | ||||
| Net Profit Margin | 52% | ||||
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To see the full financial statements and ratios of Rashtriya E Market Services Private Limited, buy the company report.
Board of directors of Rashtriya E Market Services Private Limited
Rashtriya E Market Services has 7 current directors and 38 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalini Rajneesh Also directs: Visvesvaraya Jala Nigam Limited, Bangalore International Airport Limited, Cauvery Neeravari Nigama Limited and 4 more | Nominee Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Manoj Rajan Also directs: Food Karnataka Limited | Managing Director | 10 Mar 2014 | 12 Years 7 Months | Current |
| Sanjay Bhalchandra Shettennavar | Nominee Director | 30 Jul 2025 | 1 Years 2 Months | Current |
| Ramalingam Ramaseshan Also directs: Mindful Automations Private Limited, Irma Iseed Foundation | Nominee Director | 29 Jan 2014 | 12 Years 8 Months | Current |
| Praveen Rudraiah Hiremath | Nominee Director | 27 Aug 2024 | 2 Years 1 Months | Current |
| Shivanand Bheemappa Kapashi | Nominee Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Shareholding
The shareholding of Rashtriya E Market Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rashtriya E Market Services Private Limited, buy the company report.
Legal cases
Rashtriya E Market Services Private Limited has 46 court cases on record: 46 filed against it. 2 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 46 | 46 | 2 |
Cases on record (3 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Rashtriya E Market Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rashtriya E Market Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rashtriya E Market Services Private Limited has a workforce of 7 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Rashtriya E Market Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCR7847F2ZV | Karnataka | Active | 09 Jul 2021 |
To see the full GST registrations and return filing status of Rashtriya E Market Services Private Limited, buy the company report.
Recent activity
Rashtriya E Market Services Private Limited has 43 board changes on record since 2014: 7 appointments and 36 cessations. The latest: Ponniah Manivannan ceased to be Nominee Director on 30 Jul 2025.
34 earlier events are in the company report.
Frequently asked questions
Rashtriya E Market Services is an active private limited company based in Bangalore, Karnataka, India. The company works in online auction platforms, within the e-commerce industry. It was incorporated on 20 January 2014 (12+ years old) and is registered under CIN U01200KA2014PTC073119.
Rashtriya E Market Services has 7 current directors:
- Manoj Rajan - Managing Director
- Shalini Rajneesh - Nominee Director
- Sanjay Bhalchandra Shettennavar - Nominee Director
- Ramalingam Ramaseshan - Nominee Director
- Praveen Rudraiah Hiremath - Nominee Director
- Shivanand Bheemappa Kapashi - Nominee Director
- Trayambkeshwar Nath Vatsa - Nominee Director
The latest financial statements of Rashtriya E Market Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rashtriya E Market Services is 29AAGCR7847F2ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rashtriya E Market Services is U01200KA2014PTC073119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rashtriya E Market Services has 46 court cases on record: 46 filed against it. 2 are pending.
Rashtriya E Market Services was incorporated on 20 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Ponniah Manivannan ceased to be Nominee Director on 30 Jul 2025. Sanjay Bhalchandra Shettennavar was appointed as Nominee Director on 30 Jul 2025. Trayambkeshwar Nath Vatsa was appointed as Nominee Director on 12 May 2025. Rashtriya E Market Services has 43 board changes on record in total.
Rashtriya E Market Services can be reached through the website remsl.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Rashtriya E Market Services is at No.16 Karnataka State Agricultural Marketing Board 2nd Raj Bhavan Road, Bangalore, Karnataka, India – 560001.