MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MP-23-0008394
Reads Maintenance Services Private Limited - business services in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.16 Cr
▲ 1% YoY
Net loss · FY 2020
₹26.68 Lakh
Net margin -23.1%
EBITDA · FY 2020
-₹15.79 Lakh
EBITDA margin -13.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹21.1 Lakh
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
43
Provident fund records
About Reads Maintenance Services Private Limited
Data last updated:
Reads Maintenance Services Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the business support services segment of the business services sector. It was incorporated on 16 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74200MP2010PTC023782. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gautam Ghosh (Whole-Time Director) and Sudip Goswami.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at A – 238 Mahalaxmi Nagar, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.16 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹26.68 Lakh (net margin -23.1%) and EBITDA of -₹15.79 Lakh (EBITDA margin -13.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹21.1 Lakh on record.
Reads Maintenance Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0008394). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website readsservices.com.
Company details
CIN U74200MP2010PTC023782
Registration Number 023782
Incorporation Date 16 June 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0008394
Recognitions & Rankings of Reads Maintenance Services
Contact details
Reads Maintenance Services Private Limited's registered office is in Indore, Madhya Pradesh. Its website is readsservices.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 238 Mahalaxmi Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryBusiness Services, Business Support Services
To see the full contact details of Reads Maintenance Services Private Limited, buy the company report.
Comprehensive company report
Reads Maintenance Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Reads Maintenance Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Reads Maintenance Services Private Limited, buy the company report.
Financials of Reads Maintenance Services Private Limited
FY 2020 filings availableReads Maintenance Services Private Limited reported revenue of ₹1.16 Cr (up 1% YoY) for FY 2020.
Revenue · FY 2020
₹1.16 Cr ▲ 1%
Net loss · FY 2020
₹26.68 Lakh margin -23.1%
EBITDA · FY 2020
-₹15.79 Lakh margin -13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 8%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 292%
3 years · compounded
▼ 66%
5 years · compounded
▼ 38%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA fell 292% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹15.79 Lakh | ||||
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| Net Profit (PAT) | -₹26.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -13.7% | ||||
| Net Profit Margin | -23.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Reads Maintenance Services Private Limited, buy the company report.
Board of directors of Reads Maintenance Services Private Limited
Reads Maintenance Services has 2 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 |
|---|---|---|---|---|
| Gautam Ghosh | Whole-Time Director | 16 Jun 2010 | 16 Years 4 Months | Current |
| Sudip Goswami | Additional Director | 25 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Reads Maintenance Services Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Business Auxiliary Services, Maintenance Services), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Masters Technical Solutions Private Limited | ₹1.16 Cr (FY 2025) | 657.0% | Hyderabad, Telangana, India | |||
| Faustin Services India Private Limited | ₹1.16 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Reads Maintenance Services Private Limitedthis company | ₹1.16 Cr (FY 2020) | -₹26.68 Lakh | -23.1% | 1.0% | 43 | Indore, Madhya Pradesh, India |
| Krishna Appearels and Hosiery Private Limited | ₹1.15 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Reads Maintenance Services Private Limited, buy the company report.
Auditor
Reads Maintenance Services Private Limited is audited by KAILASH C AGRAWAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAILASH C AGRAWAL & CO | FY 2018 | 000871C |
Shareholding
The shareholding of Reads Maintenance Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Reads Maintenance Services Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹21.1 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2017 | 100114263 | Idbi Bank Limited | ₹16.5 Lakh | Satisfied | |
| 17 Feb 2014 | 10532029 | Idbi Bank Limited | ₹4.6 Lakh | Satisfied |
To see the full charge records of Reads Maintenance Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Reads Maintenance Services 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
No delayed payments to MSME suppliers are on our record for Reads Maintenance Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reads Maintenance Services Private Limited has a workforce of 43 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
43
Active EPFO establishments
1
Employee growth
-36.76%
GST
Reads Maintenance Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Reads Maintenance Services Private Limited, buy the company report.
Recent activity
Reads Maintenance Services Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Sanghamitra Ghosh ceased to be Director on 25 Mar 2021.
Ceased
Sanghamitra Ghosh ceased to be Director.
Appointed
Sudip Goswami was appointed as Additional Director.
AGM
Reads Maintenance Services Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Reads Maintenance Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Gwalior.
Charges
A charge registered on 23 Jun 2017 via Charge ID 100114263 with Idbi Bank Limited was fully satisfied on 14 Nov 2019.
Charges
A charge registered on 17 Feb 2014 via Charge ID 10532029 with Idbi Bank Limited was fully satisfied on 14 Nov 2019.
Charges
A charge with Idbi Bank Limited amounted to Rs. 16.50 Lakh with Charge ID 100114263 was registered on 23 Jun 2017.
Ceased
Sunil Singh Baghel ceased to be Director.
Ceased
Mita Ashok Kumar Ghosh ceased to be Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 4.60 Lakh with Charge ID 10532029 was registered on 17 Feb 2014.
Ceased
Sunil Satav ceased to be Director.
Ceased
Gautam Ghosh ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Reads Maintenance Services is an active private limited company based in Indore, Madhya Pradesh, India. The company works in business support services, within the business services industry. It was incorporated on 16 June 2010 (16+ years old) and is registered under CIN U74200MP2010PTC023782.
Reads Maintenance Services has 2 current directors:
- Gautam Ghosh - Whole-Time Director
- Sudip Goswami - Additional Director
The latest financial statements of Reads Maintenance Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Reads Maintenance Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Reads Maintenance Services is U74200MP2010PTC023782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reads Maintenance Services was incorporated on 16 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Reads Maintenance Services by revenue are Masters Technical Solutions Private Limited, Faustin Services India Private Limited, Krishna Appearels and Hosiery Private Limited, all in the Business Services industry (Business Auxiliary Services, Maintenance Services), with the same principal business activity (other support services to organizations).
Sanghamitra Ghosh ceased to be Director on 25 Mar 2021. Sudip Goswami was appointed as Additional Director on 25 Mar 2021. Sunil Singh Baghel ceased to be Director on 01 Apr 2016. Reads Maintenance Services has 7 board changes on record in total.
Yes, Reads Maintenance Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0008394).
Reads Maintenance Services can be reached through the website readsservices.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Reads Maintenance Services is at A – 238 Mahalaxmi Nagar, Indore, Madhya Pradesh, India – 452010.