About Redmart India Private Limited
Data last updated:
Redmart India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Redmart Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 04 July 2014.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014FTC075208. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.44 Lakh. It is led by directors including Vadiraja Srinivasa Murthy Peddapalli and Chun Ming Li.
Its last annual general meeting (AGM) was held on 15 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.2 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹81.44 Lakh and EBITDA of -₹86.15 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 63% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RedMart.
The last known website on record is redmart.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor No 1139 Maruthi Complex 3rd Stage Beml Layout Rajarajeshwarinagar Halagevader, Ahally, Bangalore, Karnataka, India – 560098
- IndustryE-Commerce, General E-Commerce Platforms
- 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
- One PDF report, delivered after checkout
Associated Brands with Redmart India Private Limited
Redmart India operates one associated brand: RedMart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online grocery delivery services are operated in Singapore. | redmart.com |
Business Activity of Redmart India Private Limited
The main business activity of Redmart India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Redmart India Private Limited FY 2021 filings available
Redmart India Private Limited reported revenue of ₹6.2 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Redmart India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years. EBITDA fell 118% 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 of Redmart India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.2 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹86.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹81.44 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 of Redmart India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Redmart India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Redmart India Private Limited
Redmart India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadiraja Srinivasa Murthy Peddapalli | Director | 11 Mar 2020 | 6 Years 7 Months | As last reported |
| Chun Ming Li | Director | 26 Aug 2019 | 7 Years 1 Months | As last reported |
| Rohan Ghosh Roy Also directs: Hooot Technologies Private Limited | Director | 11 Mar 2020 | 6 Years 7 Months | As last reported |
Peer Comparison of Redmart India Private Limited
Redmart India Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| H.S. Hussain Bux Fazal Ji Marble Workshop Private Limited | ₹6.35 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Sustainable Surfaces Private Limited | ₹6.35 Lakh (FY 2019) | •••• | •••• | 291.0% | •••• | New Delhi, Delhi, India |
| Sharvaya Innovations and Projects Private Limited | ₹6.28 Lakh (FY 2023) | •••• | •••• | -72.0% | •••• | Aska, Odisha, India |
| Cryption Digital Services LLP | ₹6.26 Lakh (FY 2018) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Yahshua Marketing Limited | ₹6.25 Lakh (FY 2020) | •••• | •••• | •••• | Khopoli, Maharashtra, India | |
| Redmart India Private Limited this company | ₹6.2 Lakh (FY 2021) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Caabby Retail Private Limited | ₹6.18 Lakh (FY 2025) | •••• | •••• | 156.0% | •••• | Jaynagar, West Bengal, India |
| MBJ Brandz Private Limited | ₹6.15 Lakh (FY 2021) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Radhani Impex Private Limited | ₹6.12 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | New Delhi, Delhi, India |
| Farm E-Store Private Limited | ₹6.09 Lakh (FY 2024) | •••• | •••• | 222.0% | •••• | Madanapalle, Andhra Pradesh, India |
| Josh Kosh Online Services Private Limited | ₹6.09 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Redmart India by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Redmart India Private Limited
Redmart India Private Limited is audited by Sudit K. Parekh & Co. LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sudit K. Parekh & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Redmart India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Redmart India Private Limited
Redmart India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Redmart India Private Limited
Redmart India Private Limited has a workforce of 62 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Redmart India Private Limited
Redmart India Private Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Rohan Ghosh Roy ceased to be Additional Director on 31 Dec 2020.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Redmart India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Redmart India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Redmart India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Redmart India Private Limited
Redmart India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Redmart India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Redmart India Private Limited
Frequently Asked Questions about Redmart India Private Limited
Redmart India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Redmart India is a company under liquidation, formerly operating as a foreign private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 04 July 2014 and is registered under CIN U74900KA2014FTC075208. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Redmart India reported revenue of ₹6.2 Lakh for FY 2021 (down 100% YoY).
Redmart India has 3 current directors:
- Vadiraja Srinivasa Murthy Peddapalli - Director
- Chun Ming Li - Director
- Rohan Ghosh Roy - Director
Redmart India reported a net loss of ₹81.44 Lakh and EBITDA of -₹86.15 Lakh for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Redmart India is -87% over three years and -63% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Redmart India is U74900KA2014FTC075208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redmart India was incorporated on 04 July 2014. It is registered with the Registrar of Companies, Bangalore.
The peers of Redmart India by revenue are H.S. Hussain Bux Fazal Ji Marble Workshop Private Limited, Sustainable Surfaces Private Limited, Sharvaya Innovations and Projects Private Limited, Cryption Digital Services LLP, Yahshua Marketing Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Rohan Ghosh Roy ceased to be Additional Director on 31 Dec 2020. Vadiraja Srinivasa Murthy Peddapalli ceased to be Additional Director on 31 Dec 2020. Sanjeev Laxman Bijapur ceased to be Whole-Time Director on 31 Mar 2020. Redmart India has 10 board changes on record in total.
Redmart India can be reached through the website redmart.com. Its registered office is in Bangalore, Karnataka, India.