- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0049818

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 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.
| CIN | Status |
|---|---|
| U72100KL2015PTC038855 | Current |
| U52334KL2015PTC038855 | Previous |
Recognitions & Rankings of Remitap Fintech Solutions
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
- Website
- Social Media
- Registered AddressDoor No. 307/F 3rd Floor Amv Park, NH 47 Bypass Kundanoor, Ernakulam, Kerala, India – 682304
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Remitap Fintech Solutions 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
Brands
Remitap Fintech Solutions operates one associated brand: Remitap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 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 Remitap Fintech Solutions Private Limited, buy the company report.
Financials of Remitap Fintech Solutions Private Limited
FY 2022 filings availableRemitap Fintech Solutions Private Limited reported revenue of ₹82.46 Lakh (up 33% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹82.46 Lakh | ||||
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| EBITDA | -₹70.69 Lakh | ||||
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| Net Profit (PAT) | -₹73.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -85.7% | ||||
| Net Profit Margin | -89.4% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Sharma | Additional Director | 05 Feb 2021 | 5 Years 8 Months | Current |
| Sharma Anilkumar Also directs: Amvtower Realtors LLP, Amv Infrastructure and Properties Private Limited, Amv Resorts Private Limited and 3 more | Additional Director | 01 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Remitap Fintech Solutions Private Limited is audited by K M JOSEPH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M JOSEPH & CO | FY 2022 | 11308S |
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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 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.
Legal cases
Remitap Fintech Solutions Private Limited has 1 court case on record: 1 filed by Remitap Fintech Solutions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Ewire Soft Tech Private Ltd. and 3 others | Disposed |
To see the full case history of Remitap Fintech Solutions 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.
Credit ratings & regulatory alerts
Remitap Fintech Solutions Private Limited was last rated by Icra on 16 Jan 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AANCA6843M1ZA | Kerala | Active | 01 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.
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:
- Abhishek Sharma - Additional Director
- Sharma Anilkumar - Additional Director
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.