DPIIT recognised startup Government of India
Startup India
Redeal Solutions Private Limited
Redeal Solutions Private Limited - transport and logistics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.02 Lakh
▲ 23% YoY
Net loss · FY 2023
₹16.72 Lakh
Net margin -87.9%
EBITDA · FY 2023
₹15.59 Lakh
EBITDA margin 82%
Authorised capital
₹83 Lakh
Registered with MCA
Paid-up capital
₹50.6 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Redeal Solutions Private Limited
Data last updated:
Redeal Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 01 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U90009GJ2019PTC106892. Its GSTIN is 24AAJCR4603A1ZX (Gujarat).
The company has an authorised share capital of ₹83 Lakh and a paid-up capital of ₹50.6 Lakh. It is led by directors Vraj Shah and Pranav Mahendrabhai Shah.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.02 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹16.72 Lakh (net margin -87.9%) and EBITDA of ₹15.59 Lakh (EBITDA margin 82%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
The company is associated with 1 brand: Savaar-E.
Redeal Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0021108).
Company details
CIN U90009GJ2019PTC106892
Registration Number 106892
Incorporation Date 01 March 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0021108
Recognitions & Rankings of Redeal Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0021108
Contact details
Redeal Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address715 Sun Gravitas, Radio Mirchi Road Vejalpur, Ahmedabad, Gujarat, India – 380051
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Redeal Solutions Private Limited, buy the company report.
Comprehensive company report
Redeal Solutions 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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Brands
Redeal Solutions operates one associated brand: Savaar-E. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based platform providing public transport integration and journey planning services. | savaare.com |
Financials of Redeal Solutions Private Limited
FY 2025 filings availableRedeal Solutions Private Limited reported revenue of ₹19.02 Lakh (up 23% YoY) for FY 2023.
Revenue · FY 2023
₹19.02 Lakh ▲ 23%
Net loss · FY 2023
₹16.72 Lakh margin -87.9%
EBITDA · FY 2023
₹15.59 Lakh margin 82%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 305%
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years, including 23% growth in the latest year. EBITDA rose 56% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹19.02 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.72 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82% | ||||
| Net Profit Margin | -87.9% | ||||
| 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 Redeal Solutions Private Limited, buy the company report.
Board of directors of Redeal Solutions Private Limited
Redeal Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Mahendrabhai Shah Also directs: Katira Aarya Bhoomi Infrastructure LLP | Additional Director | 26 May 2025 | 1 Years 5 Months | Current |
| Vraj Shah | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Redeal Solutions Private Limited is audited by SURESH R SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH R SHAH & ASSOCIATES | FY 2023 | 110691W |
Shareholding
The shareholding of Redeal Solutions Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Redeal Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Redeal Solutions 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 Redeal Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Redeal Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCR4603A1ZX | Gujarat | Active | 21 May 2019 |
To see the full GST registrations and return filing status of Redeal Solutions Private Limited, buy the company report.
Recent activity
Redeal Solutions Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Pranav Mahendrabhai Shah was appointed as Additional Director on 26 May 2025.
AGM
Redeal Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Pranav Mahendrabhai Shah was appointed as Additional Director.
Filing
Redeal Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Pranav Mahendrabhai Shah ceased to be Director.
Ceased
Vijay Bimalbhai Shah ceased to be Additional Director.
Ceased
Manish Prakash Vadanere ceased to be Director.
Ceased
Rahul Patel ceased to be Director.
Ceased
Gaurav Rohitkumar Bhatt ceased to be Director.
Ceased
Vaishali Divyang Bhatt ceased to be Director.
Appointed
Vraj Shah was appointed as Director.
Incorporation
01 Mar 2019
Redeal Solutions Private Limited was registered on 01 Mar 2019 with Roc Ahmedabad & aged 7 years 8 months as per MCA records.
Frequently asked questions
Redeal Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 01 March 2019 (7+ years old) and is registered under CIN U90009GJ2019PTC106892.
Redeal Solutions has 2 current directors:
- Pranav Mahendrabhai Shah - Additional Director
- Vraj Shah - Director
The latest financial statements of Redeal Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Redeal Solutions is 24AAJCR4603A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Redeal Solutions is U90009GJ2019PTC106892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redeal Solutions was incorporated on 01 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pranav Mahendrabhai Shah was appointed as Additional Director on 26 May 2025. Pranav Mahendrabhai Shah ceased to be Director on 13 Jun 2022. Vijay Bimalbhai Shah ceased to be Additional Director on 30 Nov 2021. Redeal Solutions has 8 board changes on record in total.
Yes, Redeal Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Redeal Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0021108).
The registered office of Redeal Solutions is at 715 Sun Gravitas, Radio Mirchi Road Vejalpur, Ahmedabad, Gujarat, India – 380051.
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