Startup India Government of India
Rem42 Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.13 Cr
▲ 146% YoY
Net profit · FY 2025
₹90 Lakh
Net margin 11.1%
EBITDA · FY 2025
₹1.38 Cr
EBITDA margin 17%
Authorised capital
₹28 Cr
Registered with MCA
Paid-up capital
₹27.9 Cr
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
24
Provident fund records
Directors on board
4
As per MCA filings
About Rem42 Technologies Private Limited
Data last updated:
Rem42 Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Duroflex Private Limited and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC146926. Its GSTIN is 29AAKCR9660A1Z3 (Karnataka).
The company has an authorised share capital of ₹28 Cr and a paid-up capital of ₹27.9 Cr. It is led by directors including Mathew Antony Joseph and Mathew George.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 6, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.13 Cr, a growth of 146% compared to the previous year. For the same year it recorded a net profit of ₹90 Lakh (net margin 11.1%) and EBITDA of ₹1.38 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 488% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: REM42. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2021. Its 9 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 4 larger and 5 smaller; the largest is Wefivesoft Private Limited with revenue of ₹8.18 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rem42.ai.
Company details
CIN U72900KA2021PTC146926
Registration Number 146926
Incorporation Date 23 April 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Duroflex Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Rem42 Technologies
Contact details
Rem42 Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is rem42.ai. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNr Trident Business Park 30/6 Hsr Layout Vide Cmc Khatha No.268/18/11 Sector 6 Hosur, Main Road, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rem42 Technologies Private Limited, buy the company report.
Comprehensive company report
Rem42 Technologies Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Rem42 Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Rem42 Technologies Private Limited, buy the company report.
Financials of Rem42 Technologies Private Limited
FY 2025 filings availableRem42 Technologies Private Limited reported revenue of ₹8.13 Cr (up 146% YoY) for FY 2025.
Revenue · FY 2025
₹8.13 Cr ▲ 146%
Net profit · FY 2025
₹90 Lakh margin 11.1%
EBITDA · FY 2025
₹1.38 Cr margin 17%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 146%
3 years · compounded
▲ 488%
EBITDA CAGR growth
1 year
▲ 360%
3 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 488% over three years, including 146% growth in the latest year. EBITDA rose 360% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.38 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹90 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17% | |||
| Net Profit Margin | 11.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Rem42 Technologies Private Limited, buy the company report.
Board of directors of Rem42 Technologies Private Limited
Rem42 Technologies has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Antony Joseph Also directs: Comfortek Advanced Products LLP, Coco-Latex Exports Private Limited, Shivaarna Technofoams Private Limited and 5 more | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Mathew George Also directs: Comfortek Advanced Products LLP, Coco-Latex Exports Private Limited, Shivaarna Technofoams Private Limited and 5 more | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Mathew Chandy Also directs: Comfortek Advanced Products LLP, Coco-Latex Exports Private Limited, Shivaarna Technofoams Private Limited and 5 more | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
| Jacob Joseph George Also directs: Comfortek Advanced Products LLP, Coco-Latex Exports Private Limited, Shivaarna Technofoams Private Limited and 5 more | Director | 23 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Rem42 Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wefivesoft Private Limited | ₹8.18 Cr (FY 2024) | -18.0% | Coimbatore, Tamil Nadu, India | |||
| Brain Above Infosol Private Limited | ₹8.16 Cr (FY 2025) | 29.0% | Indore, Madhya Pradesh, India | |||
| Igniva Infotech Private Limited | ₹8.16 Cr (FY 2018) | 60.0% | Mohali, Punjab, India | |||
| Prescinto Technologies Private Limited | ₹8.15 Cr (FY 2023) | 40.0% | Ahmedabad, Gujarat, India | |||
| Rem42 Technologies Private Limitedthis company | ₹8.13 Cr (FY 2025) | ₹90 Lakh | 11.1% | 146.0% | 24 | Bangalore, Karnataka, India |
| Techno Win IT Infra Private Limited | ₹8.13 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Tactive Software Systems Private Limited | ₹8.12 Cr (FY 2025) | 11.0% | Erode, Tamil Nadu, India | |||
| Aveto Consulting Private Limited | ₹8.12 Cr (FY 2025) | -27.0% | Bangalore, Karnataka, India | |||
| Axis Technical Group India Private Limited | ₹8.1 Cr (FY 2024) | -1.0% | Pune, Maharashtra, India | |||
| Enbolt Labs Private Limited | ₹8.1 Cr (FY 2025) | 51.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Rem42 Technologies Private Limited, buy the company report.
Auditor
Rem42 Technologies Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Rem42 Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rem42 Technologies Private Limited, buy the company report.
Deals & funding
Rem42 Technologies Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2021.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹9 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Rights issue | ₹9.8 Cr | Investors: Duroflex Limited , an individual |
| Jun 2021 | Funding round | ₹9 Lakh | Investors: Duroflex Limited , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Rem42 Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Rem42 Technologies Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Globe All India Services Limited |
To see the full MSME payment records of Rem42 Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rem42 Technologies Private Limited has a workforce of 24 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
14.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 24 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Rem42 Technologies Private Limited, buy the company report.
GST
Rem42 Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCR9660A1Z3 | Karnataka | Active | 15 Jul 2021 |
To see the full GST registrations and return filing status of Rem42 Technologies Private Limited, buy the company report.
Recent activity
Rem42 Technologies Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Jacob Joseph George was appointed as Director on 23 Apr 2021.
AGM
Rem42 Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Rem42 Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Jacob Joseph George was appointed as Director.
Appointed
Mathew Antony Joseph was appointed as Director.
Appointed
Mathew Chandy was appointed as Director.
Appointed
Mathew George was appointed as Director.
Incorporation
23 Apr 2021
Rem42 Technologies Private Limited was registered on 23 Apr 2021 with Roc Bangalore & aged 5 years 6 months as per MCA records.
Frequently asked questions
Rem42 Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 April 2021 (5+ years old) and is registered under CIN U72900KA2021PTC146926.
Rem42 Technologies has 4 current directors:
- Mathew Antony Joseph - Director
- Mathew George - Director
- Mathew Chandy - Director
- Jacob Joseph George - Director
The latest financial statements of Rem42 Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Rem42 Technologies is 29AAKCR9660A1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Rem42 Technologies is U72900KA2021PTC146926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rem42 Technologies was incorporated on 23 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Rem42 Technologies has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in December 2021.
The peers of Rem42 Technologies by revenue are Wefivesoft Private Limited, Brain Above Infosol Private Limited, Igniva Infotech Private Limited, Prescinto Technologies Private Limited, Techno Win IT Infra Private Limited and 4 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Jacob Joseph George was appointed as Director on 23 Apr 2021. Mathew Antony Joseph was appointed as Director on 23 Apr 2021. Mathew Chandy was appointed as Director on 23 Apr 2021. Rem42 Technologies has 4 board changes on record in total.
Yes, Rem42 Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Rem42 Technologies has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Rem42 Technologies can be reached through the website rem42.ai. Its registered office is in Bangalore, Karnataka, India.
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