Red Sea Support Services Private Limited

Red Sea Support Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2022FTC161854 Incorporated 30 May 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹4.35 Cr
▲ 46% YoY
Net profit · FY 2024
₹21.43 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹60.41 Lakh
EBITDA margin 13.9%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1.6 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
44
Provident fund records
Directors on board
3
As per MCA filings

About Red Sea Support Services Private Limited

Data last updated:

Red Sea Support Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Alfajar Maritime Services Co. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 May 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022FTC161854. Its GSTIN is 29AALCR9095A1ZX (Karnataka).

The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Mohammed Nadeem Salauddin Shaikh and Islam Safir Sari.

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 No 55 2nd And 3rd Floor Mr Arcade 5th Block Industrial Layout Koramangala, Bangalore, Karnataka, India – 560095.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.35 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹21.43 Lakh (net margin 4.9%) and EBITDA of ₹60.41 Lakh (EBITDA margin 13.9%).

The company has about 44 employees on its provident fund (EPFO) records.

Company details

CIN U72900KA2022FTC161854
Registration Number 161854
Incorporation Date 30 May 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Alfajar Maritime Services Co

Contact details

Red Sea Support Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 55 2nd And 3rd Floor Mr Arcade 5th Block Industrial Layout Koramangala, Bangalore, Karnataka, India – 560095
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Red Sea Support Services Private Limited, buy the company report.

Comprehensive company report
Red Sea Support 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
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Business activity

The main business activity of Red Sea Support Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Red Sea Support Services Private Limited, buy the company report.

Financials of Red Sea Support Services Private Limited

FY 2024 filings available

Red Sea Support Services Private Limited reported revenue of ₹4.35 Cr (up 46% YoY) for FY 2024.

Revenue · FY 2024
₹4.35 Cr ▲ 46%
Net profit · FY 2024
₹21.43 Lakh margin 4.9%
EBITDA · FY 2024
₹60.41 Lakh margin 13.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 46%
EBITDA CAGR growth
1 year
▲ 65%

Revenue rose 46% in the latest year. EBITDA rose 65% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹60.41 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.43 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 2023-24FY 2022-23
Profitability
EBITDA Margin13.9%
Net Profit Margin4.9%
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 Red Sea Support Services Private Limited, buy the company report.

Board of directors of Red Sea Support Services Private Limited

Red Sea Support Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohammed Nadeem Salauddin ShaikhDirector30 May 20224 Years 5 MonthsCurrent
Mohammed Faisal ShaikhAdditional Director11 Aug 20251 Years 2 MonthsCurrent
Islam Safir SariDirector30 Dec 20232 Years 10 MonthsCurrent

Peer comparison

Red Sea Support Services Private Limited is compared with the 3 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Pollinate Labs Private Limited₹4.35 Cr (FY 2025)126.0%Mumbai, Maharashtra, India
Red Sea Support Services Private Limitedthis company₹4.35 Cr (FY 2024)₹21.43 Lakh4.9%46.0%44Bangalore, Karnataka, India
Toffee Consultancy Private Limited₹4.35 Cr (FY 2025)94.0%New Delhi, Delhi, India
Ghar Angan Interiors Contractor Private Limited₹4.35 Cr (FY 2024)103.0%Jaipur, Rajasthan, India

To see the full peer comparison of Red Sea Support Services Private Limited, buy the company report.

Auditor

Red Sea Support Services Private Limited is audited by BYPSSY CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
BYPSSY COFY 2023220424

Shareholding

The shareholding of Red Sea Support Services Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Red Sea Support Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Red Sea Support Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Red Sea Support Services Private Limited has a workforce of 44 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
44
Active EPFO establishments
1
Employee growth
12.82%

GST

Red Sea Support Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AALCR9095A1ZXKarnatakaActive14 Jun 2022

To see the full GST registrations and return filing status of Red Sea Support Services Private Limited, buy the company report.

Recent activity

Red Sea Support Services Private Limited has 7 board changes on record since 2022: 5 appointments and 2 cessations. The latest: Mohammed Faisal Shaikh was appointed as Additional Director on 11 Aug 2025.

Appointed
Mohammed Faisal Shaikh was appointed as Additional Director.
Ceased
Mohammed Khalifa ceased to be Director.
AGM
Red Sea Support Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Mohammed Khalifa was appointed as Director.
Filing
Red Sea Support Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Islam Safir Sari was appointed as Director.
Ceased
Tarik Abuhassein ceased to be Managing Director.
Appointed
Mohammed Nadeem Salauddin Shaikh was appointed as Director.
Appointed
Tarik Abuhassein was appointed as Managing Director.
Incorporation
30 May 2022
Red Sea Support Services Private Limited was registered on 30 May 2022 with Roc Bangalore & aged 4 years 5 months as per MCA records.

Frequently asked questions

Red Sea Support Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 May 2022 (4+ years old) and is registered under CIN U72900KA2022FTC161854.

Red Sea Support Services has 3 current directors:

The latest financial statements of Red Sea Support Services 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 FY 2023 are in the company report.

The GSTIN of Red Sea Support Services is 29AALCR9095A1ZX, registered in Karnataka.

The CIN (Corporate Identification Number) of Red Sea Support Services is U72900KA2022FTC161854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Red Sea Support Services was incorporated on 30 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Red Sea Support Services by revenue are Pollinate Labs Private Limited, Toffee Consultancy Private Limited, Ghar Angan Interiors Contractor Private Limited, all in the same principal business activity (other professional, scientific and technical activities).

Mohammed Faisal Shaikh was appointed as Additional Director on 11 Aug 2025. Mohammed Khalifa ceased to be Director on 04 Aug 2025. Mohammed Khalifa was appointed as Director on 01 Apr 2024. Red Sea Support Services has 7 board changes on record in total.

The registered office of Red Sea Support Services is at No 55 2nd And 3rd Floor Mr Arcade 5th Block Industrial Layout Koramangala, Bangalore, Karnataka, India – 560095.

Red Sea Support Services operates in the information technology industry, in the IT consulting and support services segment.

Red Sea Support Services can be reached at its registered office: No 55 2nd And 3rd Floor Mr Arcade 5th Block Industrial Layout Koramangala, Bangalore, Karnataka, India – 560095.