About Redmax Footwears Limited
Data last updated: 08 January 2026
Redmax Footwears Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in electronics retail and distribution, a part of the broader consumer electronics and durables sector. Incorporated on 19 October 1982, the company has been in operation for over 44 years.
Registered with ROC Mumbai under CIN L52399MH1982PLC291306. Listed on BSE: 537524.
Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹1 Cr. Formerly known as Hindusthan Safety Glass Industries Ltd and Redmax Footwears Limited. It is led by directors including Monika Jindal and Rupali Singhania.
Last AGM: 22 November 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
The company has a workforce of approximately 2 employees as per the latest available data.
The company is associated with 1 brand - Lagao Boli.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website v-corp.in.
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Registered AddressSaisha Bungalow No. 10/87 Mhada Svp Nagar Janki Devi School Road Versova Andheri, West, Mumbai, Maharashtra, India – 400053
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IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Redmax Footwears Limited
Redmax Footwears Limited has undergone 2 name changes throughout its history. The company was previously known as Hindusthan Safety Glass Industries Ltd, and Redmax Footwears Limited. The current legal name is Redmax Footwears Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Redmax Footwears Limited | Current |
| Hindusthan Safety Glass Industries Ltd | Previous |
CIN History of Redmax Footwears Limited
Redmax Footwears Limited has 5 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15201MH1982PLC291306, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15201MH1982PLC291306 | Current |
| L52399MH1982PLC291306 | Previous |
| L52100MH1982PLC291306 | Previous |
| L52399WB1982PLC035375 | Previous |
| U26109WB1982PLC035375 | Previous |
| L26109WB1982PLC035375 | Previous |
Associated Brands with Redmax Footwears Limited
Redmax Footwears Limited operates one associated brand: Lagao Boli. These brands represent Redmax Footwears Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Operates an app-based auction marketplace for a wide range of products. | lagaoboli.com |
Competitors & Alternatives of Redmax Footwears Limited
Brands and companies operating in the same space as Redmax Footwears Limited include OhLocal, BZINGA, uBid Deals and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
OhLocal
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Bidding marketplace for local services is facilitated by AI-enabled app. | Noida, India, India | 2020 |
BZINGA
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Play free online games to win prizes and rewards. | Mumbai, India, India | 2007 |
uBid Deals
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Online auctions and fixed-price merchandise sales are offered. | Itasca, United States, United States | 1997 |
Bidzapp
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Multi-category products are auctioned through an online platform. | Bengaluru, India, India | 2020 |
Uber Dreams
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Multi-category products are auctioned online through a mobile app platform. | Mumbai, India, India | 2014 |
Dealite
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Provides an online platform for selling items through unique bid auctions. | Mumbai, India, India | 2010 |
BidforX
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Operates an app-based auction marketplace for a wide range of products. | Kolkata, India, India | 2017 |
Bidli
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Facilitates local shopping and bargaining through an upcoming mobile app. | Hyderabad, India, India | 2016 |
Bidderboy
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Online platform for bidding on discounted products and winning auctions. | Surat, India, India | 2011 |
Tickty
|
An online auction platform for multi-category consumer products. | India | 2022 |
Business Activity of Redmax Footwears Limited
Redmax Footwears Limited operates primarily in the arts, entertainment and recreation and trade sectors. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Arts, entertainment and recreation | ********* | Creative, arts and entertainment activities | ********* |
| ********* | Trade | ********* | Retail Trading | ********* |
Board of Directors of Redmax Footwears Limited
Redmax Footwears Limited is currently managed by 8 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Jindal | Director | 03 Apr 2024 | 2 Years 3 Months | Current |
|
Rupali Singhania
Also directs:
Areete Advisory Services Private Limited
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Director | 30 May 2025 | 1 Years 1 Months | Current |
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Anita Sethia
Also directs:
Saroja Pharma Industries India Limited
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Director | 10 Nov 2020 | 5 Years 8 Months | Current |
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Amit Singhania
Also directs:
K.T.C. (India) Limited
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Director | 30 May 2025 | 1 Years 1 Months | Current |
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Ghanshyam Shukla
Also directs:
Redmax Activewear Private Limited
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Director | 03 Apr 2024 | 2 Years 3 Months | Current |
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Hemant Jindal
Also directs:
Jbo Globeworld Llp, Modular Footwears Private Limited, Jmj Creations Private Limited and 1 more
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Managing Director | 03 Apr 2024 | 2 Years 3 Months | Current |
Financials of Redmax Footwears Limited FY 2024 filings available
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| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
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| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
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| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
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| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
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| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
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| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Current Ratio | ***** | ***** | ***** | ***** | ***** |
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| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
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| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings Redmax Footwears Limited
Redmax Footwears Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Redmax Footwears Limited
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Employee Count & EPFO Data of Redmax Footwears Limited
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GST Compliance of Redmax Footwears Limited
GSTIN & GST Filing Data of Redmax Footwears Limited
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Credit Ratings, Litigation & Regulatory Alerts for Redmax Footwears Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Redmax Footwears Limited
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MSME Payment Delays by Redmax Footwears Limited
MSME Payment Delays by Redmax Footwears Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Redmax Footwears Limited
Subsidiaries & Group Companies of Redmax Footwears Limited
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MCA Filings & Documents of Redmax Footwears Limited
MCA Filings & Documents of Redmax Footwears Limited
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Recent Activity on Redmax Footwears Limited
Recent News on Redmax Footwears Limited
Frequently Asked Questions about Redmax Footwears Limited
Redmax Footwears Limited is an active public limited company in the consumer electronics and durables sector based in Mumbai, Maharashtra, India. It was incorporated on 19 October 1982 (44+ years old) and is registered under CIN L15201MH1982PLC291306. Listed on BSE: 537524. The company has 2 employees.
The current directors of Redmax Footwears Limited are:
The primary industry of Redmax Footwears Limited is consumer electronics and durables. The company specifically operates in electronic appliances retail and distribution. The company is currently active in this sector.
Yes. Redmax Footwears Limited is listed on BSE with code 537524.
Redmax Footwears Limited can be reached at the registered office: Saisha Bungalow No. 1087 Mhada Svp Nagar Janki Devi School Road Versova Andheri, West, Mumbai, Maharashtra, India – 400053, or through the website v-corp.in.
The authorised capital is ₹12 Cr, and the paid-up capital is ₹1 Cr.