Rednile Innovations Private Limited

Rednile Innovations Private Limited - transport and logistics in Bangalore North, Karnataka, India. FY 2026 financials and compliance.
CIN U72900KA2014PTC077941 Incorporated 24 December 2014 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2024
₹13.35 Cr
▼ 64.00% YoY
EBITDA · FY 2024
*****
▲ 96.00% YoY
Net profit · FY 2024
*****
▲ 94.00% YoY
Authorised capital
₹4.4 Cr
Registered with MCA
Paid-up capital
₹1.55 Cr
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹3.04 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
38
Latest available

About Rednile Innovations Private Limited

Data last updated: 11 January 2026

Rednile Innovations Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It specialises in moving and relocation services, a part of the broader transport and logistics sector. Incorporated on 24 December 2014, the company has been in operation for over 12 years.

Registered with ROC Bangalore under CIN U72900KA2014PTC077941.

Capital: an authorised share capital of ₹4.4 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors Suraj Prakash Valimbe and Deepu Chandran.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore North, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.35 Cr, a decline of 64% compared to the previous year.

The company has a workforce of approximately 38 employees as per the latest available data.

The company is associated with 2 brands - Pikkol, Hackle Hub. As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹3.04 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pikkol.com.

Company Details of Rednile Innovations Private Limited
CIN U72900KA2014PTC077941
Registration Number 077941
Incorporation Date 24 December 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Regus Business Centre Bangalore Pvt Ltd, Cbd L – 9 Raheja Towers East Wing No.26/27 Mg Road, Bangalore North, Karnataka, India – 560001
  • Industry
    Transport and Logistics, Moving & Relocation Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Rednile Innovations Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Rednile Innovations Private Limited

Rednile Innovations Private Limited operates two associated brands: Pikkol and Hackle Hub. These brands represent Rednile Innovations Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Relocation services are booked through an online platform. pikkol.com
Logistics freight services are provided by Hackle in India. hacklehub.com

Competitors & Alternatives of Rednile Innovations Private Limited

Brands and companies operating in the same space as Rednile Innovations Private Limited include Wiz, Forto, Flexport and 7 more.

Competitor Description Location Founded
Wiz Wiz Cloud security posture and application protection are managed across environments. New York, United States, United States 2020
Forto Forto Tech-enabled freight forwarding services for multi-modal cargo transport are provided. Berlin, Germany, Germany 2016
Flexport Flexport End-to-end supply chain logistics platform and services are provided. San Francisco, United States, United States 2013
Airspace Airspace Web-based cargo management solutions are offered for air logistics. Carlsbad, United States, United States 2016
DB Schenker DB Schenker Provider of integrated freight forwarding, logistics and supply chain management services Essen, Germany, Germany 1872
Shippio Shippio Tech-enabled multi-modal freight forwarding services are provided globally. Minato City, Japan, Japan 2016
Nowports Nowports Tech-enabled multi-modal freight forwarding is facilitated via a digital platform. Monterrey, Mexico, Mexico 2018
Zencargo Zencargo AI-enabled freight forwarding services are provided for global shipments. London, United Kingdom, United Kingdom 2017
Sealand – A Maersk Company Sealand – A Maersk Company Web-based freight management services are provided for cargo and logistics. Copenhagen, Denmark, Denmark 1956
Brothers Weiss Brothers Weiss Multi-modal freight forwarding and logistics services are provided globally. Lauterach, Austria, Austria -

Business Activity of Rednile Innovations Private Limited

Rednile Innovations Private Limited is engaged in the principal business activity of transport and storage, with detailed activities including services incidental to land, water & air transportation.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
H Transport and storage H5 Services incidental to land, water & air transportation *********

Auditor Details of Rednile Innovations Private Limited

Rednile Innovations Private Limited is audited by Jain K Shaji & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Jain K Shaji & Associates blur-value blur-value blur-value

Board of Directors of Rednile Innovations Private Limited

Rednile Innovations Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Suraj Prakash Valimbe Director 24 Dec 2014 11 Years 6 Months Current
Deepu Chandran Director 24 Dec 2014 11 Years 6 Months Current

Financials of Rednile Innovations Private Limited FY 2024 filings available

Rednile Innovations Private Limited reported revenue of ₹13.35 Cr (down 64% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹13.35 Cr ▼ -64%
Profit
***** ▲ 94%
EBITDA
***** ▲ 96%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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Changes in Working Capital
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Rednile Innovations Private Limited

As of FY 2023, Rednile Innovations Private Limited's shareholding pattern shows 88.27% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Rednile Innovations Private Limited

Open charges
₹1.5 Cr
Satisfied charges
₹3.04 Cr
Breakdown by lending institutions
Others₹1.50 Cr
Latest charge details
DateLenderAmountStatus
30 Dec 2021 Others ₹1.5 Cr Open
12 Oct 2022 Others ₹1.1 Cr Satisfied
12 Oct 2022 Others ₹89 Lakh Satisfied
31 Dec 2021 Others ₹29.84 Lakh Satisfied
22 May 2021 Others ₹75 Lakh Satisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Rednile Innovations Private Limited

Rednile Innovations Private Limited has a workforce of 38 employees as of Apr 06, 2024.

Employee count
38
Active EPFO establishments
1
Employee growth
-55.81%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Rednile Innovations Private Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Rednile Innovations Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Rednile Innovations Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Rednile Innovations Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Rednile Innovations Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Rednile Innovations Private Limited

MSME Payment Delays by Rednile Innovations Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Rednile Innovations Private Limited

Subsidiaries & Group Companies of Rednile Innovations Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Rednile Innovations Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Rednile Innovations Private Limited

MCA Filings & Documents of Rednile Innovations Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Rednile Innovations Private Limited

Charges
24 Jan 2025
A charge registered on 31 Dec 2021 via Charge ID 100527987 with Others was fully satisfied on 24 Jan 2025.
Charges
09 Jan 2025
A charge registered on 12 Oct 2022 via Charge ID 100643819 with Others was fully satisfied on 09 Jan 2025.
Charges
09 Jan 2025
A charge registered on 12 Oct 2022 via Charge ID 100643821 with Others was fully satisfied on 09 Jan 2025.
Activity
30 Sep 2024
Rednile Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Rednile Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
19 Dec 2022
A charge registered on 22 May 2021 via Charge ID 100453471 with Others was fully satisfied on 19 Dec 2022.

Recent News on Rednile Innovations Private Limited

Frequently Asked Questions about Rednile Innovations Private Limited

Rednile Innovations Private Limited is an active private limited company in the transport and logistics sector based in Bangalore North, Karnataka, India. It was incorporated on 24 December 2014 (12+ years old) and is registered under CIN U72900KA2014PTC077941. The company has 38 employees.

Rednile Innovations Private Limited reported revenue of ₹13.35 Cr for FY 2024 (down 64.00% YoY).

The current directors of Rednile Innovations Private Limited are:

The primary industry of Rednile Innovations Private Limited is transport and logistics. The company specifically operates in moving and relocation services. The company is currently active in this sector.

Yes, Rednile Innovations Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Rednile Innovations Private Limited can be reached at the registered office: Regus Business Centre Bangalore Pvt Ltd, Cbd L – 9 Raheja Towers East Wing No.2627 Mg Road, Bangalore North, Karnataka, India – 560001, or through the website pikkol.com.

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