MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0230647
Redifice Developers India Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.03 Cr
▼ 5% YoY
Net profit · FY 2024
₹39.69 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹1.09 Cr
EBITDA margin 12.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.82 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
7
Provident fund records
About Redifice Developers India Private Limited
Data last updated:
Redifice Developers India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2010PTC055295. Its GSTIN is 29AAECR9751Q1ZC (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors including Yaseen Ahmed Sheriff and Salman Khalid.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.2 Spencer Road Frazer Town, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.03 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹39.69 Lakh (net margin 4.4%) and EBITDA of ₹1.09 Cr (EBITDA margin 12.1%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 9% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Redifice. As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Redifice Developers India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0230647). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website redificedevelopers.com.
Company details
CIN U45202KA2010PTC055295
Registration Number 055295
Incorporation Date 23 September 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0230647
Key People
Yaseen Ahmed Sheriff Director Salman Khalid Director Basheer Rahmath Ulla Shakir Ahmed Khan Director Recognitions & Rankings of Redifice Developers India
Contact details
Redifice Developers India Private Limited's registered office is in Bangalore, Karnataka. Its website is redificedevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.2 Spencer Road Frazer Town, Bangalore, Karnataka, India – 560005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Redifice Developers India Private Limited, buy the company report.
Comprehensive company report
Redifice Developers India 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
Redifice Developers India operates one associated brand: Redifice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops luxury real estate for residential and commercial properties. | redificedevelopers.com |
Business activity
The main business activity of Redifice Developers India is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Redifice Developers India Private Limited, buy the company report.
Financials of Redifice Developers India Private Limited
FY 2024 filings availableRedifice Developers India Private Limited reported revenue of ₹9.03 Cr (down 5% YoY) for FY 2024.
Revenue · FY 2024
₹9.03 Cr ▼ 5%
Net profit · FY 2024
₹39.69 Lakh margin 4.4%
EBITDA · FY 2024
₹1.09 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 60%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 99%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 5% fall in the latest year. EBITDA rose 67% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.69 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Redifice Developers India Private Limited, buy the company report.
Board of directors of Redifice Developers India Private Limited
Redifice Developers India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yaseen Ahmed Sheriff Also directs: Featherstone Homes & Habitat LLP, Redifice Property Improvements LLP, Flagship Construction LLP and 5 more | Director | 23 Sep 2010 | 16 Years 1 Months | Current |
| Salman Khalid Also directs: Featherstone Homes & Habitat LLP, Redifice Property Improvements LLP, Flagship Construction LLP and 5 more | Director | 23 Sep 2010 | 16 Years 1 Months | Current |
| Basheer Rahmath Ulla Shakir Ahmed Khan | Director | 17 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Redifice Developers India Private Limited is audited by NNR & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NNR & Co | FY 2023 | 011162S |
Shareholding
The shareholding of Redifice Developers India Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Redifice Developers India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2023 | 100821982 | Others | ₹10 Cr | Open |
To see the full charge records of Redifice Developers India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Redifice Developers India Private Limited has 4 court cases on record: 2 filed by Redifice Developers India, 2 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Karnataka Real Estate Regulatory Authority and 4 others | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Anuradha Abraham | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
To see the full case history of Redifice Developers 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 Redifice Developers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Redifice Developers India Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%
GST
Redifice Developers India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECR9751Q1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Redifice Developers India Private Limited, buy the company report.
Recent activity
Redifice Developers India Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Rajasekaran Munuswami ceased to be Director on 06 Jun 2017.
Charges
A charge with Others of Rs. 10.00 Cr registered on 08 Nov 2023 with Charge ID 100821982 was modified on 30 Oct 2024.
AGM
Redifice Developers India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Filing
Redifice Developers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100821982 was registered on 08 Nov 2023.
Ceased
Rajasekaran Munuswami ceased to be Director.
Appointed
Basheer Rahmath Ulla Shakir Ahmed Khan was appointed as Director.
Appointed
Salman Khalid was appointed as Director.
Appointed
Yaseen Ahmed Sheriff was appointed as Director.
Incorporation
23 Sep 2010
Redifice Developers India Private Limited was registered on 23 Sep 2010 with Roc Bangalore & aged 16 years 1 month as per MCA records.
Frequently asked questions
Redifice Developers India is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 September 2010 (16+ years old) and is registered under CIN U45202KA2010PTC055295.
Redifice Developers India has 3 current directors:
- Yaseen Ahmed Sheriff - Director
- Salman Khalid - Director
- Basheer Rahmath Ulla Shakir Ahmed Khan - Director
The latest financial statements of Redifice Developers India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Redifice Developers India is 29AAECR9751Q1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Redifice Developers India is U45202KA2010PTC055295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redifice Developers India has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Redifice Developers India was incorporated on 23 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajasekaran Munuswami ceased to be Director on 06 Jun 2017. Basheer Rahmath Ulla Shakir Ahmed Khan was appointed as Director on 17 Oct 2014. Salman Khalid was appointed as Director on 23 Sep 2010. Redifice Developers India has 4 board changes on record in total.
Yes, Redifice Developers India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0230647).
Redifice Developers India can be reached through the website redificedevelopers.com. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages