Remitap Fintech Solutions Private Limited

Remitap Fintech Solutions Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
CIN U72100KL2015PTC038855 Incorporated 16 July 2015 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2022
₹82.46 Lakh
▲ 33% YoY
Net loss · FY 2022
₹73.71 Lakh
Net margin -89.4%
EBITDA · FY 2022
-₹70.69 Lakh
EBITDA margin -85.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.9 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Remitap Fintech Solutions Private Limited

Data last updated:

Remitap Fintech Solutions Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 July 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72100KL2015PTC038855. Its GSTIN is 32AANCA6843M1ZA (Kerala).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.9 Cr. It was formerly known as Amv Tel Private Limited. It is led by directors Abhishek Sharma and Sharma Anilkumar.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at F 3rd Floor Amv Park, Ernakulam, Kerala.

As per the financials filed for FY 2022, the company reported a revenue of ₹82.46 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹73.71 Lakh (net margin -89.4%) and EBITDA of -₹70.69 Lakh (EBITDA margin -85.7%).

The company is associated with 1 brand: Remitap. Court records list 1 case involving the company, including 1 filed by the company.

Remitap Fintech Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0049818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remitap.com.

Company details

CIN U72100KL2015PTC038855
Registration Number 038855
Incorporation Date 16 July 2015
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0049818

CIN history

Remitap Fintech Solutions has one previous CIN (Corporate Identification Number): U52334KL2015PTC038855. The current CIN is U72100KL2015PTC038855, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72100KL2015PTC038855Current
U52334KL2015PTC038855Previous

Recognitions & Rankings of Remitap Fintech Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KL-02-0049818

Contact details

Remitap Fintech Solutions Private Limited's registered office is in Ernakulam, Kerala. Its website is remitap.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Door No. 307/F 3rd Floor Amv Park, NH 47 Bypass Kundanoor, Ernakulam, Kerala, India – 682304
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Remitap Fintech Solutions Private Limited, buy the company report.

Comprehensive company report
Remitap Fintech Solutions 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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Brands

Remitap Fintech Solutions operates one associated brand: Remitap. Each brand links to its own profile.

BrandDescriptionWebsite
Offers a digital wallet for secure cross-border money transfers.remitap.com

Business activity

The main business activity of Remitap Fintech Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Remitap Fintech Solutions Private Limited, buy the company report.

Financials of Remitap Fintech Solutions Private Limited

FY 2022 filings available

Remitap Fintech Solutions Private Limited reported revenue of ₹82.46 Lakh (up 33% YoY) for FY 2022.

Revenue · FY 2022
₹82.46 Lakh ▲ 33%
Net loss · FY 2022
₹73.71 Lakh margin -89.4%
EBITDA · FY 2022
-₹70.69 Lakh margin -85.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
EBITDA CAGR growth
1 year
▼ 157%
3 years · compounded
▼ 210%

Revenue rose 33% in the latest year. EBITDA fell 157% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹82.46 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹70.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹73.71 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin-85.7%
Net Profit Margin-89.4%
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 Remitap Fintech Solutions Private Limited, buy the company report.

Board of directors of Remitap Fintech Solutions Private Limited

Remitap Fintech Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhishek SharmaAdditional Director05 Feb 20215 Years 8 MonthsCurrent
Sharma AnilkumarAdditional Director01 Apr 20233 Years 6 MonthsCurrent

Auditor

Remitap Fintech Solutions Private Limited is audited by K M JOSEPH & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
K M JOSEPH & COFY 202211308S

Shareholding

The shareholding of Remitap Fintech Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Remitap Fintech Solutions Private Limited, buy the company report.

Credit ratings & regulatory alerts

Remitap Fintech Solutions Private Limited was last rated by Icra on 16 Jan 2018.

Rating agencyRated onRating
Icra16 Jan 2018

To see the full credit ratings and regulatory alerts of Remitap Fintech Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Remitap Fintech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Remitap Fintech Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AANCA6843M1ZAKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Remitap Fintech Solutions Private Limited, buy the company report.

Recent activity

Remitap Fintech Solutions Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Sharma Anilkumar was appointed as Additional Director on 01 Apr 2023.

Appointed
Sharma Anilkumar was appointed as Additional Director.
Ceased
Thomas Abraham ceased to be Additional Director.
Ceased
Sharma Vijayta ceased to be Director.
AGM
Remitap Fintech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Sharma Anilkumar ceased to be Director.
Filing
Remitap Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Ceased
Surendra Sharma ceased to be Director.
Appointed
Abhishek Sharma was appointed as Additional Director.
Ceased
Nalakath Sulaiman Rijas ceased to be Additional Director.
Ceased
Purthen Yunus Purayil Muhammed ceased to be Additional Director.
Ceased
Udayabhanu Damodaran ceased to be Additional Director.
Incorporation
16 Jul 2015
Remitap Fintech Solutions Private Limited was registered on 16 Jul 2015 with Roc Ernakulam & aged 11 years 3 months as per MCA records.

News

Frequently asked questions

Remitap Fintech Solutions is an active private limited company based in Ernakulam, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 July 2015 (11+ years old) and is registered under CIN U72100KL2015PTC038855.

Remitap Fintech Solutions has 2 current directors:

The latest financial statements of Remitap Fintech Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Remitap Fintech Solutions is 32AANCA6843M1ZA, registered in Kerala.

The CIN (Corporate Identification Number) of Remitap Fintech Solutions is U72100KL2015PTC038855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Remitap Fintech Solutions has 1 court case on record: 1 filed by the company.

Remitap Fintech Solutions was incorporated on 16 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.

Sharma Anilkumar was appointed as Additional Director on 01 Apr 2023. Thomas Abraham ceased to be Additional Director on 01 Apr 2023. Sharma Vijayta ceased to be Director on 01 Oct 2022. Remitap Fintech Solutions has 9 board changes on record in total.

Yes, Remitap Fintech Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0049818).

Remitap Fintech Solutions can be reached through the website remitap.com. Its registered office is in Ernakulam, Kerala, India.