Redico Vanijya Pvt Ltd
About Redico Vanijya Pvt Ltd
Data last updated:
Redico Vanijya Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the bank intermediatories segment of the financial services sector. It was incorporated on 17 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH1995PTC446837. Its GSTIN is 19AABCR2715F1ZL (West Bengal).
The company has an authorised share capital of ₹1.46 Cr and a paid-up capital of ₹1.35 Cr. It is led by directors including Prakash Chand Sancheti and Ankit Rajkumar Jain.
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 418/A Panchratna Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.83 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 0.9%) and EBITDA of ₹17.35 Lakh (EBITDA margin 9.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Redico Vanijya has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100MH1995PTC446837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH1995PTC446837 | Current |
| U65100WB1995PTC072948 | Previous |
| U51909WB1995PTC072948 | Previous |
Contact details
Redico Vanijya Pvt Ltd's registered office is in Mumbai, Maharashtra.
- Registered Address418/A Panchratna Opera House, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Bank Intermediatories
- 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
Business activity
The main business activity of Redico Vanijya is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Redico Vanijya Pvt Ltd, buy the company report.
Financials of Redico Vanijya Pvt Ltd
FY 2024 filings availableRedico Vanijya Pvt Ltd reported revenue of ₹1.83 Cr (up 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 18% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.35 Lakh | ||||
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| Net Profit (PAT) | ₹1.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Redico Vanijya Pvt Ltd, buy the company report.
Board of directors of Redico Vanijya Pvt Ltd
Redico Vanijya has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Chand Sancheti | Director | 19 Oct 2015 | 11 Years 0 Months | Current |
| Ankit Rajkumar Jain | Director | 19 Oct 2015 | 11 Years 0 Months | Current |
| Naveen Prakashchand Sancheti | Director | 19 Oct 2015 | 11 Years 0 Months | Current |
Peer comparison
Redico Vanijya Pvt Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayur Barter Pvt Ltd | ₹1.84 Cr (FY 2019) | 64.0% | Kolkata, West Bengal, India | |||
| Assets Finance Private Limited | ₹1.84 Cr (FY 2025) | 34.0% | Sowcarpet, Chennai 79, Tamil Nadu, India | |||
| Digvijay Vinimay Private Limited | ₹1.84 Cr (FY 2025) | 92.0% | Kolkata, West Bengal, India | |||
| Fulford Sales Pvt Ltd | ₹1.84 Cr (FY 2023) | 325.0% | Kolkata, West Bengal, India | |||
| Redico Vanijya Pvt Ltdthis company | ₹1.83 Cr (FY 2024) | ₹1.59 Lakh | 0.9% | 25.0% | Mumbai, Maharashtra, India | |
| Ledo Financial Services Ltd. | ₹1.83 Cr (FY 2025) | 1374.0% | Kolkata, West Bengal, India | |||
| Singhania Fincom Pvt. Ltd. | ₹1.83 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Redico Vanijya Pvt Ltd, buy the company report.
Legal cases
Redico Vanijya Pvt Ltd has 4 court cases on record: 4 filed by Redico Vanijya. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against individuals | Pending |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Redico Vanijya Pvt Ltd, 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 Redico Vanijya Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Redico Vanijya has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR2715F1ZL | West Bengal | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of Redico Vanijya Pvt Ltd, buy the company report.
Recent activity
Redico Vanijya Pvt Ltd has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Ram Gopal Agarwal ceased to be Director on 19 Jun 2018.
Frequently asked questions
Redico Vanijya is an active private limited company based in Mumbai, Maharashtra, India. The company works in bank intermediatories, within the financial services industry. It was incorporated on 17 July 1995 (31+ years old) and is registered under CIN U65100MH1995PTC446837.
Redico Vanijya has 3 current directors:
- Prakash Chand Sancheti - Director
- Ankit Rajkumar Jain - Director
- Naveen Prakashchand Sancheti - Director
The latest financial statements of Redico Vanijya 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 2015 are in the company report.
The GSTIN of Redico Vanijya is 19AABCR2715F1ZL, registered in West Bengal.
The CIN (Corporate Identification Number) of Redico Vanijya is U65100MH1995PTC446837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redico Vanijya has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Redico Vanijya was incorporated on 17 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Redico Vanijya by revenue are Mayur Barter Pvt Ltd, Assets Finance Private Limited, Digvijay Vinimay Private Limited, Fulford Sales Pvt Ltd, Ledo Financial Services Ltd. and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ram Gopal Agarwal ceased to be Director on 19 Jun 2018. Ankit Rajkumar Jain was appointed as Director on 19 Oct 2015. Naveen Prakashchand Sancheti was appointed as Director on 19 Oct 2015. Redico Vanijya has 7 board changes on record in total.
The registered office of Redico Vanijya is at 418A Panchratna Opera House, Mumbai, Maharashtra, India – 400004.
Redico Vanijya operates in the financial services industry, in the bank intermediatories segment.