Redex Enterprise Private Limited

Redex Enterprise Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U21003GJ2019PTC106011 Incorporated 10 January 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company business outsourcing DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2023
₹28.94 Cr
▲ 311% YoY
Net profit · FY 2023
₹56.93 Lakh
Net margin 2%
EBITDA · FY 2023
₹1.31 Cr
EBITDA margin 4.5%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
8,402
Provident fund records

About Redex Enterprise Private Limited

Data last updated:

Redex Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21003GJ2019PTC106011. Its GSTIN is 24AAJCR3524L1Z8 (Gujarat). The company holds 5 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Arvind Kumar Prem Shankar Tiwari and Khurshid Khan.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 902903 Sivanta – 1 Nr. Kothawala Flat Ashram Road Paldi, Ahmedabad, Gujarat, India – 380007.

As per the financials filed for FY 2023, the company reported a revenue of ₹28.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹56.93 Lakh (net margin 2%) and EBITDA of ₹1.31 Cr (EBITDA margin 4.5%).

The company has about 8,402 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Redex Enterprise. As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 2 cases are pending.

Redex Enterprise Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0143888). For more details, the company can be reached via its website redexenterprise.in.

Company details

CIN U21003GJ2019PTC106011
Registration Number 106011
Incorporation Date 10 January 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0143888

CIN history

Redex Enterprise has one previous CIN (Corporate Identification Number): U93090GJ2019PTC106011. The current CIN is U21003GJ2019PTC106011, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U21003GJ2019PTC106011Current
U93090GJ2019PTC106011Previous
Key People
Arvind Kumar Prem Shankar Tiwari Director Khurshid Khan Director

Recognitions & Rankings of Redex Enterprise

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0143888

Contact details

Redex Enterprise Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    B – 902903 Sivanta – 1 Nr. Kothawala Flat Ashram Road Paldi, Ahmedabad, Gujarat, India – 380007
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
Comprehensive company report
Redex Enterprise 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

Brands

Redex Enterprise operates one associated brand: Redex Enterprise. Each brand links to its own profile.

BrandDescriptionWebsite
Redex Enterprise
Provides human resource outsourcing, temporary staffing, and payroll services.redexenterprise.in

Business activity

The main business activity of Redex Enterprise is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Redex Enterprise Private Limited, buy the company report.

Financials of Redex Enterprise Private Limited

FY 2023 filings available

Redex Enterprise Private Limited reported revenue of ₹28.94 Cr (up 311% YoY) for FY 2023.

Revenue · FY 2023
₹28.94 Cr ▲ 311%
Net profit · FY 2023
₹56.93 Lakh margin 2%
EBITDA · FY 2023
₹1.31 Cr margin 4.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 311%

Revenue rose 311% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹28.94 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.31 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹56.93 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin4.5%
Net Profit Margin2%
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 Redex Enterprise Private Limited, buy the company report.

Board of directors of Redex Enterprise Private Limited

Redex Enterprise has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind Kumar Prem Shankar TiwariDirector10 Jan 20197 Years 9 MonthsCurrent
Khurshid Khan
Also directs: Karnavati Distribution Private Limited
Director10 Jan 20197 Years 9 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Nov 2023100830543Others₹3 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

Redex Enterprise has 5 GST registrations: 1 active and 4 cancelled or inactive.

Total GSTINs
5
Active
1
Cancelled / inactive
4
GSTINStateStatusRegistered on
24AAJCR3524L1Z8GujaratActive11 Feb 2019

To see the full GST registrations and return filing status of Redex Enterprise Private Limited, buy the company report.

Recent activity

Redex Enterprise Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Arvind Kumar Prem Shankar Tiwari was appointed as Director on 10 Jan 2019.

Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100830543 was registered on 09 Nov 2023.
AGM
Redex Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Redex Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Arvind Kumar Prem Shankar Tiwari was appointed as Director.
Appointed
Khurshid Khan was appointed as Director.
Incorporation
10 Jan 2019
Redex Enterprise Private Limited was registered on 10 Jan 2019 with Roc Ahmedabad & aged 7 years 9 months as per MCA records.

Frequently asked questions

Redex Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 January 2019 (7+ years old) and is registered under CIN U21003GJ2019PTC106011.

Redex Enterprise has 2 current directors:

The latest financial statements of Redex Enterprise on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Redex Enterprise is 24AAJCR3524L1Z8, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.

The CIN (Corporate Identification Number) of Redex Enterprise is U21003GJ2019PTC106011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Redex Enterprise has 12 court cases on record: 12 filed against it. 2 are pending.

Redex Enterprise was incorporated on 10 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Arvind Kumar Prem Shankar Tiwari was appointed as Director on 10 Jan 2019. Khurshid Khan was appointed as Director on 10 Jan 2019.

Yes, Redex Enterprise is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Redex Enterprise is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0143888).