MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0019337
Remi Elektrotechnik Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹162.37 Cr
▼ 10% YoY
Net profit · FY 2025
₹15.82 Cr
Net margin 9.7%
EBITDA · FY 2025
₹29.1 Cr
EBITDA margin 17.9%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹4.13 Cr
Issued & subscribed
Open charges
₹1.8 Cr
Satisfied ₹155.38 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
164
Provident fund records
About Remi Elektrotechnik Limited
Data last updated:
Remi Elektrotechnik Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 26 April 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1988PLC047157. Its GSTIN is 27AAACR2578P1ZR (Maharashtra).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.13 Cr. It was formerly known as Rajendra Electrical Industries Limited and Natural Trading & Investment Co Limited. It is led by directors including Vishwambhar Chiranjilal Saraf (Managing Director) and Ritvik Saraf (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹162.37 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹15.82 Cr (net margin 9.7%) and EBITDA of ₹29.1 Cr (EBITDA margin 17.9%).
The company has about 164 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.8 Cr and satisfied charges of ₹155.38 Cr on record. Court records list 38 cases involving the company, including 32 filed by the company and 6 filed against it; 10 cases are pending. The company has 13 deals on record (11 market trades, 2 acquisitions); the latest was in August 2020. The company has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 544 overdue payments to 69 micro and small suppliers.
Remi Elektrotechnik Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0019337). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remigroup.com.
Company details
CIN U51900MH1988PLC047157
Registration Number 047157
Incorporation Date 26 April 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0019337
Name history
Remi Elektrotechnik has undergone 2 name changes throughout its history. The company was previously known as Rajendra Electrical Industries Limited, and Natural Trading & Investment Co Limited. The current legal name is Remi Elektrotechnik Limited.
| Company Name | Status |
|---|---|
| Remi Elektrotechnik Limited | Current |
| Rajendra Electrical Industries Limited | Previous |
| Natural Trading & Investment Co Limited | Previous |
CIN history
Remi Elektrotechnik has one previous CIN (Corporate Identification Number): L51900MH1988PLC047157. The current CIN is U51900MH1988PLC047157, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1988PLC047157 | Current |
| L51900MH1988PLC047157 | Previous |
Key People
Vishwambhar Chiranjilal Saraf Managing Director Ritvik Saraf Managing Director Sunil Shyamsunder Saraf Whole-Time Director Recognitions & Rankings of Remi Elektrotechnik
Contact details
Remi Elektrotechnik Limited's registered office is in Mumbai, Maharashtra. Its website is remigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Remi Elektrotechnik Limited, buy the company report.
Comprehensive company report
Remi Elektrotechnik 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 Remi Elektrotechnik is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Remi Elektrotechnik Limited, buy the company report.
Financials of Remi Elektrotechnik Limited
FY 2024 filings availableRemi Elektrotechnik Limited reported revenue of ₹162.37 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹162.37 Cr ▼ 10%
Net profit · FY 2025
₹15.82 Cr margin 9.7%
EBITDA · FY 2025
₹29.1 Cr margin 17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 3%
Revenue fell 10% in the latest year. EBITDA fell 27% 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 | FY 2020-21 |
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| EBITDA | ₹29.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.82 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 9.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Remi Elektrotechnik Limited, buy the company report.
Board of directors of Remi Elektrotechnik Limited
Remi Elektrotechnik has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Vinod Bhartiya Also directs: Remi Sales and Engineering Limited, Lavi Impex Private Limited | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Sunil Shyamsunder Saraf | Whole-Time Director | 01 Jan 2008 | 18 Years 9 Months | Current |
| Rajendra Chiranjilal Saraf | Director | 03 Aug 2018 | 8 Years 2 Months | Current |
| Vishwambhar Chiranjilal Saraf Also directs: Remi Edelstahl Tubulars Limited, Remi Process Plant and Machinery Limited, Remi Sales and Engineering Limited and 1 more | Managing Director | 31 Oct 1991 | 34 Years 11 Months | Current |
| Sandeep Ramkrishna Shriya | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Ritvik Saraf Also directs: Remi Process Plant and Machinery Limited, Remi Sales and Engineering Limited, Remi Bubna Realtors LLP and 4 more | Managing Director | 01 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Remi Elektrotechnik Limited is audited by SHANKARLAL JAIN AND ASSOCIATES, LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKARLAL JAIN AND ASSOCIATES, LLP | FY 2023 | 109901W/W100082 |
Shareholding
The shareholding of Remi Elektrotechnik Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Remi Elektrotechnik Limited, buy the company report.
Charges & borrowings
Open charges
₹1.8 Cr
Satisfied charges
₹155.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2023 | 100845214 | State Bank of India | ₹1.35 Cr | Open | |
| 20 Dec 2023 | 100845208 | State Bank of India | ₹45 Lakh | Open | |
| 20 Sep 2012 | 10385839 | State Bank of India | ₹45 Cr | Satisfied | |
| 09 Jul 2012 | 10366922 | State Bank of India | ₹45 Cr | Satisfied | |
| 14 Jun 2012 | 10367108 | Others | ₹13.89 Cr | Satisfied |
To see the full charge records of Remi Elektrotechnik Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Remi Elektrotechnik Limited has 13 deals on record (11 market trades, 2 acquisitions); the latest was in August 2020.
Total deals
13
Market trades
11
Acquisitions
2
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Market trade | ₹1.08 Cr | Buyer: Hanuman Freight & Carriers Pvt. Ltd. , an individual Seller: Hanuman Forging & Engineering Pvt Ltd , Lakshminarayan Realfinvest Limited |
| Jun 2015 | Market trade | ₹4.64 Cr | Buyer: Fulidevi Saraf Family Trust, Rajendra Chiranjilal (Huf), Vishwambharlal Chiranjilal Huf Seller: Bajrang Finance Limited , Remi Securities Limited |
| Mar 2011 | Acquisition | ₹13.6 Lakh | Buyer: Hanuman Forging & Engineering Pvt Ltd |
| Mar 2011 | Market trade | ₹2.64 Cr | Buyer: Vishwambharlal Chiranjilal Huf, an individual Seller: Bajrang Finance Limited , Remi Securities Limited |
| Feb 2011 | Acquisition | Undisclosed | Buyer: Hanuman Freight & Carriers Pvt. Ltd. |
To see the full deal history of Remi Elektrotechnik Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Remi Elektrotechnik Limited has 38 court cases on record: 32 filed by Remi Elektrotechnik, 6 filed against it. 10 cases are pending and 28 are disposed.
Total cases
38
Filed by the company
32
Filed against the company
6
Pending
10
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 5 | 2 |
| District courts | 15 | 1 | 8 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Executive Director Epm, Rajasthan Medical Services Corporation Limited and 3 others | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against Kreative Adda Hospitality Pvt. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against CNP Hospitality Pvt. Ltd., | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against CNP Hospitality Pvt. Ltd. and Others 9 and 9 others | Disposed |
| High Court of Rajasthan | Court case (SAW) | Filed against the company by Vision Diagnostic India Pvt Ltd and 1 other | Disposed |
To see the full case history of Remi Elektrotechnik 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
Remi Elektrotechnik Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 544 overdue payments to 69 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 (5 of 69)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ion Electricals Private Limited | |||
| an individual supplier | |||
| Mallya's General Foundries Private Limited |
To see the full MSME payment records of Remi Elektrotechnik Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Remi Elektrotechnik Limited has a workforce of 164 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
164
Active EPFO establishments
1
Employee growth
0.61%
GST
Remi Elektrotechnik has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR2578P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Remi Elektrotechnik Limited, buy the company report.
Recent activity
Remi Elektrotechnik Limited has 9 board changes on record since 1991: 6 appointments and 3 cessations. The latest: Anita Vinod Bhartiya was appointed as Director on 30 Sep 2024.
AGM
Remi Elektrotechnik Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Anita Vinod Bhartiya was appointed as Director.
Ceased
Harkishin Pitamberdas Zaveri ceased to be Director.
Appointed
Sandeep Ramkrishna Shriya was appointed as Director.
Ceased
Shyam Mahabirprasad Jatia ceased to be Director.
Filing
Remi Elektrotechnik Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with State Bank Of India amounted to Rs. 1.35 Cr with Charge ID 100845214 was registered on 20 Dec 2023.
Charges
A charge with State Bank Of India amounted to Rs. 0.45 Cr with Charge ID 100845208 was registered on 20 Dec 2023.
Ceased
Ritvik Saraf ceased to be CFO.
Appointed
Ritvik Saraf was appointed as Managing Director.
Charges
A charge registered on 30 May 1993 via Charge ID 80002515 with Others was fully satisfied on 29 Jun 2021.
Charges
A charge with Others of Rs. 15.94 Cr registered on 30 May 1993 with Charge ID 80002515 was modified on 18 Sep 2020.
78 earlier events are in the company report.
Frequently asked questions
Remi Elektrotechnik is an active public limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 26 April 1988 (38+ years old) and is registered under CIN U51900MH1988PLC047157.
Remi Elektrotechnik has 6 current directors:
- Vishwambhar Chiranjilal Saraf - Managing Director
- Ritvik Saraf - Managing Director
- Sunil Shyamsunder Saraf - Whole-Time Director
- Anita Vinod Bhartiya - Director
- Rajendra Chiranjilal Saraf - Director
- Sandeep Ramkrishna Shriya - Director
The latest financial statements of Remi Elektrotechnik on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Remi Elektrotechnik is 27AAACR2578P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Remi Elektrotechnik is U51900MH1988PLC047157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remi Elektrotechnik has 38 court cases on record: 32 filed by the company and 6 filed against it. 10 are pending. Most are in the high courts.
Remi Elektrotechnik was incorporated on 26 April 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Remi Elektrotechnik has 13 deals on record (11 market trades, 2 acquisitions); the latest was in August 2020.
Anita Vinod Bhartiya was appointed as Director on 30 Sep 2024. Harkishin Pitamberdas Zaveri ceased to be Director on 30 Sep 2024. Sandeep Ramkrishna Shriya was appointed as Director on 30 Sep 2024. Remi Elektrotechnik has 9 board changes on record in total.
Yes, Remi Elektrotechnik is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0019337).
Remi Elektrotechnik has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 544 overdue payments to 69 micro and small suppliers. The latest return was filed on 08 Jun 2019.