Redmond Merchants Private Limited

Redmond Merchants Private Limited - trading in Sonipat, Haryana, India. FY 2026 financials & compliance.
CIN U74110HR2003PTC035219 Incorporated 21 October 2003 ROC Delhi HQ Sonipat, Haryana, India
Active Private Limited Company trading MSME
Data last updated
Revenue · FY 2025
₹210.94 Cr
▲ 64% YoY
Net profit · FY 2025
₹18.05 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹63.24 Lakh
EBITDA margin 0.3%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹1.75 Cr
Satisfied ₹7.42 Cr
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings

About Redmond Merchants Private Limited

Data last updated:

Redmond Merchants Private Limited is a private limited company based in Sonipat, Haryana, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 21 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110HR2003PTC035219. Its GSTIN is 06AACCN0731A2Z8 (Haryana). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹20 Lakh. It was formerly known as Midas Marvels Private Limited and Namho Angarka Projects Private Limited. It is led by directors Shailendra Singh Chouhan (Managing Director) and Siddharth Chouhan.

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 103 A Sector 14, Sonipat, Haryana, India – 131001.

As per the financials filed for FY 2025, the company reported a revenue of ₹210.94 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹18.05 Lakh (net margin 0.1%) and EBITDA of ₹63.24 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 225% over three years and 186% over five years.

As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹7.42 Cr on record.

Redmond Merchants Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-HR-18-0001809). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74110HR2003PTC035219
Registration Number 035219
Incorporation Date 21 October 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-HR-18-0001809

Name history

Redmond Merchants has undergone 10 name changes throughout its history. The current legal name is Redmond Merchants Private Limited.

Company NameStatus
Redmond Merchants Private LimitedCurrent
Midas Marvels Private LimitedPrevious
Namho Angarka Projects Private LimitedPrevious
Max Midas India Private LimitedPrevious
Vyoma Kraft Private LimitedPrevious
Premier Ventures Private LimitedPrevious
Midas Kraft Private LimitedPrevious
Midas Max Private LimitedPrevious
Sivik Systems Private LimitedPrevious
Premier Krafts Private LimitedPrevious

CIN history

Redmond Merchants has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110HR2003PTC035219, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110HR2003PTC035219Current
U72300HR2003PTC035219Previous
U74999HR2003PTC035219Previous

Recognitions & Rankings of Redmond Merchants

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-HR-18-0001809

Contact details

Redmond Merchants Private Limited's registered office is in Sonipat, Haryana. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    103 A Sector 14, Sonipat, Haryana, India – 131001
  • Industry
    Trading, Wholesale, Other Wholesale

To see the full contact details of Redmond Merchants Private Limited, buy the company report.

Comprehensive company report
Redmond Merchants 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
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Business activity

The main business activity of Redmond Merchants is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Redmond Merchants Private Limited

FY 2024 filings available

Redmond Merchants Private Limited reported revenue of ₹210.94 Cr (up 64% YoY) for FY 2025.

Revenue · FY 2025
₹210.94 Cr ▲ 64%
Net profit · FY 2025
₹18.05 Lakh margin 0.1%
EBITDA · FY 2025
₹63.24 Lakh margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 225%
5 years · compounded
▲ 186%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 41%
5 years · compounded
▲ 102%

Revenue has grown at a compounded annual rate (CAGR) of 186% over five years, including 64% growth in the latest year. EBITDA rose 15% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹63.24 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.05 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.3%
Net Profit Margin0.1%
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 Redmond Merchants Private Limited, buy the company report.

Board of directors of Redmond Merchants Private Limited

Redmond Merchants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shailendra Singh ChouhanManaging Director21 Oct 200323 Years 0 MonthsCurrent
Siddharth ChouhanAdditional Director21 Jul 20233 Years 3 MonthsCurrent

Peer comparison

Redmond Merchants Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
S E Oil Industries Private Limited₹211.47 Cr (FY 2024)10.0%Sohagpur, Madhya Pradesh, India
Vinspri Distributors Private Limited₹211.19 Cr (FY 2025)23.0%Mumbai, Maharashtra, India
Redmond Merchants Private Limitedthis company₹210.94 Cr (FY 2025)₹18.05 Lakh0.1%64.0%Sonipat, Haryana, India
Shiv Shankar and Company Grains Private Limited₹209.78 Cr (FY 2016)47.0%Delhi, India
Chandan Trading Company Private Limited₹208.5 Cr (FY 2025)14.0%Jagdalpur, Chhattisgarh, India
Govind Jee Dairymilk Private Limited₹208.13 Cr (FY 2021)18.0%New Delhi, Delhi, India
S.S.S Frozen Foods Private Limited₹207.76 Cr (FY 2025)11.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Redmond Merchants Private Limited, buy the company report.

Auditor

Redmond Merchants Private Limited is audited by S S GARG & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S S GARG & CO.FY 20230022038N

Shareholding

The shareholding of Redmond Merchants 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Redmond Merchants Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.75 Cr
Satisfied charges
₹7.42 Cr
Breakdown by lending institutions
Others₹1.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jan 2021100402725Others₹1.75 CrOpen
18 Dec 200710085804Bank of Baroda₹6.02 CrSatisfied
08 Aug 200710068620Bank of Baroda₹90 LakhSatisfied
27 Feb 200610011013Syndicate Bank₹50 LakhSatisfied

To see the full charge records of Redmond Merchants Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

GST

Redmond Merchants has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AACCN0731A2Z8HaryanaActive14 May 2020
08AACCN0731A1Z5RajasthanActive15 Jan 2019

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

Recent activity

Redmond Merchants Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Sumitra Chouhan ceased to be Director on 31 Jul 2023.

AGM
Redmond Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Redmond Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Sumitra Chouhan ceased to be Director.
Appointed
Siddharth Chouhan was appointed as Additional Director.
Ceased
Siddharth Chouhan ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100402725 was registered on 12 Jan 2021.
Charges
A charge registered on 18 Dec 2007 via Charge ID 10085804 with Bank Of Baroda was fully satisfied on 06 Mar 2017.
Charges
A charge registered on 08 Aug 2007 via Charge ID 10068620 with Bank Of Baroda was fully satisfied on 06 Mar 2017.
Charges
A charge with Bank Of Baroda amounted to Rs. 6.02 Cr with Charge ID 10085804 was registered on 18 Dec 2007.
Charges
A charge registered on 27 Feb 2006 via Charge ID 10011013 with Syndicate Bank was fully satisfied on 26 Sep 2007.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.90 Cr with Charge ID 10068620 was registered on 08 Aug 2007.
Charges
A charge with Syndicate Bank of Rs. 0.50 Cr registered on 27 Feb 2006 with Charge ID 10011013 was modified on 27 Apr 2007.

3 earlier events are in the company report.

Frequently asked questions

Redmond Merchants is an active private limited company based in Sonipat, Haryana, India. The company works in wholesale, within the trading industry. It was incorporated on 21 October 2003 (23+ years old) and is registered under CIN U74110HR2003PTC035219.

Redmond Merchants has 2 current directors:

The latest financial statements of Redmond Merchants 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 Redmond Merchants is 06AACCN0731A2Z8, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AACCN0731A1Z5 (Rajasthan).

The CIN (Corporate Identification Number) of Redmond Merchants is U74110HR2003PTC035219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Redmond Merchants was incorporated on 21 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Redmond Merchants by revenue are S E Oil Industries Private Limited, Vinspri Distributors Private Limited, Shiv Shankar and Company Grains Private Limited, Chandan Trading Company Private Limited, Govind Jee Dairymilk Private Limited and 1 more, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).

Sumitra Chouhan ceased to be Director on 31 Jul 2023. Siddharth Chouhan was appointed as Additional Director on 21 Jul 2023. Siddharth Chouhan ceased to be Director on 05 Jan 2022. Redmond Merchants has 4 board changes on record in total.

Yes, Redmond Merchants is registered as an MSME under Udyam registration (number: UDYAM-HR-18-0001809).

The registered office of Redmond Merchants is at 103 A Sector 14, Sonipat, Haryana, India – 131001.

Redmond Merchants operates in the trading industry, in the wholesale segment.