About Red Box Rewards India Private Limited
Data last updated:
Red Box Rewards India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Direxions Global Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the customer loyalty and engagement solutions segment of the business services sector. It was incorporated on 13 May 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36998MH2004PTC146267. Its GSTIN is 27AACCR7325L1Z2 (Maharashtra). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.12 Lakh. It was led by directors Leena Vivek Basrur (Managing Director) and Kaustubh Waman Nabar.
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 was at 1st Floor Todi Building Mathuradas Mill Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.6 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.67 Lakh (net margin 84.7%) and EBITDA of ₹10.67 Lakh (EBITDA margin 84.7%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 64% over five years.
As per MCA filings, the company had satisfied charges of ₹2.17 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is redboxrewards.com.
Company details
Contact details
Red Box Rewards India Private Limited's registered office is in Mumbai, Maharashtra. Its website is redboxrewards.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1st Floor Todi Building Mathuradas Mill Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Services, Customer Loyalty & Engagement Solutions
To see the full contact details of Red Box Rewards India 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
Financials of Red Box Rewards India Private Limited
FY 2022 filings availableRed Box Rewards India Private Limited reported revenue of ₹12.6 Lakh (up 329% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 329% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA rose 935% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹12.6 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.7% | ||||
| Net Profit Margin | 84.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Red Box Rewards India Private Limited, buy the company report.
Board of directors of Red Box Rewards India Private Limited
Red Box Rewards India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaustubh Waman Nabar Also directs: Direxions Marketing Solutions Private Limited | Director | 15 Nov 2016 | 9 Years 11 Months | As last reported |
| Leena Vivek Basrur | Managing Director | 13 May 2004 | 22 Years 5 Months | As last reported |
Auditor
Red Box Rewards India Private Limited is audited by C N K & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & ASSOCIATES LLP | FY 2019 | 101961W |
Shareholding
The shareholding of Red Box Rewards India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Red Box Rewards India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2007 | 10068169 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹16.5 Lakh | Satisfied | |
| 17 Dec 2005 | 80014767 | The Shamrao Vithal Co-Operative Bank Ltd. | ₹2 Cr | Satisfied |
To see the full charge records of Red Box Rewards India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Red Box Rewards India Private Limited has 2 court cases on record: 1 filed by Red Box Rewards India, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by DTDC Express Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Buzzworks Loyalty Solutions P Ltd and 2 others | Disposed |
To see the full case history of Red Box Rewards India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Red Box Rewards India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Red Box Rewards India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR7325L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Red Box Rewards India Private Limited, buy the company report.
Recent activity
Red Box Rewards India Private Limited has 12 board changes on record since 2004: 2 appointments and 10 cessations. The latest: Kaustubh Waman Nabar ceased to be Additional Director on 26 Sep 2017.
8 earlier events are in the company report.
Frequently asked questions
Red Box Rewards India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Red Box Rewards India was a private limited company based in Mumbai, Maharashtra, India. The company worked in customer loyalty and engagement solutions, within the business services industry. It was incorporated on 13 May 2004 and is registered under CIN U36998MH2004PTC146267. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Red Box Rewards India was incorporated on 13 May 2004. It is registered with the Registrar of Companies, Mumbai.
Red Box Rewards India had 2 directors:
- Leena Vivek Basrur - Managing Director
- Kaustubh Waman Nabar - Director
The CIN (Corporate Identification Number) of Red Box Rewards India is U36998MH2004PTC146267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Red Box Rewards India is at 1st Floor Todi Building Mathuradas Mill Compound Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Red Box Rewards India can be reached through the website redboxrewards.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Red Box Rewards India 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 2015 are in the company report.
The GSTIN of Red Box Rewards India is 27AACCR7325L1Z2, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Red Box Rewards India operated in the business services industry, in the customer loyalty and engagement solutions segment.