Redolence Technologies Private Limited
About Redolence Technologies Private Limited
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Redolence Technologies Private Limited is a private limited company based in Bilaspur, Chhattisgarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U72900CT2019PTC009481.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Madhu Swarnkar and Alok Kumar Swarnkar.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S/05 3rd Floor B.R. Gwalani Chambers Vyapar Vihar, Bilaspur, Chhattisgarh, India – 495001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.61 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Lakh (net margin -95.9%) and EBITDA of -₹1.54 Lakh (EBITDA margin -95.9%).
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- Registered AddressS/05 3rd Floor B.R. Gwalani Chambers Vyapar Vihar, Bilaspur, Chhattisgarh, India – 495001
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Business Activity of Redolence Technologies Private Limited
The main business activity of Redolence Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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 Redolence Technologies Private Limited FY 2024 filings available
Redolence Technologies Private Limited reported revenue of ₹1.61 Lakh (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Redolence Technologies Private Limited
Revenue rose 20% 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 Redolence Technologies Private Limited
| 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 | -₹1.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.54 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 Redolence Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -95.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -95.9% | •••• | •••• | •••• | •••• |
| 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 Redolence Technologies are in the company report.
Financial statements from FY 2020
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 Redolence Technologies Private Limited
Redolence Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Swarnkar Also directs: Morendra Microfinance Foundation | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
| Alok Kumar Swarnkar | Director | 22 Aug 2019 | 7 Years 1 Months | Current |
Peer Comparison of Redolence Technologies Private Limited
Redolence Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shresth Tech Solutions Limited | ₹1.62 Lakh (FY 2023) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Chathurv Technologies Private Limited | ₹1.62 Lakh (FY 2023) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Evolvescape (India) Pvt Ltd | ₹1.61 Lakh (FY 2020) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Marwadi Techtonics Private Limited | ₹1.61 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Rajkot, Gujarat, India |
| Speak Support Private Limited | ₹1.61 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | New Delhi, Delhi, India |
| Redolence Technologies Private Limited this company | ₹1.61 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Bilaspur, Chhattisgarh, India |
| Paramhansh Technologies Private Limited | ₹1.61 Lakh (FY 2023) | •••• | •••• | •••• | Bhiwani, Haryana, India | |
| Kitmek India Private Limited | ₹1.61 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| DPS Infotech Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | 333.0% | •••• | Hyderabad, Telangana, India |
| Abhinava Infotech Private Limited | ₹1.6 Lakh (FY 2018) | •••• | •••• | -70.0% | •••• | Chennai, Tamil Nadu, India |
| Arvees Systems Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Redolence Technologies by revenue in the Information Technology industry (IT Consulting and Services), 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 Redolence Technologies Private Limited
Redolence Technologies Private Limited is audited by PRAKHAR BANSAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAKHAR BANSAL & CO | 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 Redolence Technologies 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 Redolence Technologies Private Limited
Redolence Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Redolence Technologies Private Limited
Employment history and EPFO contributions of people linked to Redolence Technologies.
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 Redolence Technologies Private Limited
Redolence Technologies Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Abhinav Swarnkar ceased to be Director on 03 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Redolence Technologies 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 Redolence Technologies 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 Redolence Technologies 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 Redolence Technologies Private Limited
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 Redolence Technologies 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.
Frequently Asked Questions about Redolence Technologies Private Limited
Redolence Technologies is an active private limited company based in Bilaspur, Chhattisgarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 August 2019 (7+ years old) and is registered under CIN U72900CT2019PTC009481.
Redolence Technologies reported revenue of ₹1.61 Lakh for FY 2024 (up 20% YoY).
Redolence Technologies has 2 current directors:
- Madhu Swarnkar - Director
- Alok Kumar Swarnkar - Director
Redolence Technologies reported a net loss of ₹1.54 Lakh (net margin -95.9%) and EBITDA of -₹1.54 Lakh (EBITDA margin -95.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Redolence Technologies is U72900CT2019PTC009481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redolence Technologies was incorporated on 22 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Redolence Technologies by revenue are Shresth Tech Solutions Limited, Chathurv Technologies Private Limited, Evolvescape (India) Pvt Ltd, Marwadi Techtonics Private Limited, Speak Support Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Abhinav Swarnkar ceased to be Director on 03 Jul 2024. Alok Kumar Swarnkar was appointed as Director on 22 Aug 2019. Madhu Swarnkar was appointed as Director on 22 Aug 2019.
The registered office of Redolence Technologies is at S05 3rd Floor B.R. Gwalani Chambers Vyapar Vihar, Bilaspur, Chhattisgarh, India – 495001.
Redolence Technologies has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh.
Redolence Technologies operates in the information technology industry, in the IT consulting and support services segment.