Redon Solutions Private Limited
About Redon Solutions Private Limited
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Redon Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 20 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2004PTC145792. Its GSTIN is 27AACCR9477P1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sujan Sarkar and Ajit Sarkar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No 15 Ground Floor Jangid Enclave Opp Laxmi Kanakia Road Mira Road East Navaghar, Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2020, the company reported a revenue of ₹48,707, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹99,598 (net margin -204.5%) and EBITDA of -₹91,363 (EBITDA margin -187.6%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 50% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No 15 Ground Floor Jangid Enclave Opp Laxmi Kanakia Road Mira Road East Navaghar, Thane, Maharashtra, India – 401107
- IndustryInformation Technology, Web Design & Maintenance 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 Redon Solutions Private Limited
The main business activity of Redon Solutions 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 Redon Solutions Private Limited FY 2020 filings available
Redon Solutions Private Limited reported revenue of ₹48,707 (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Redon Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 95% fall in the latest year. EBITDA rose 70% 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 Redon Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹48,707 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹91,363 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹99,598 | •••• | •••• | •••• | •••• |
| 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 Redon Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -187.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -204.5% | •••• | •••• | •••• | •••• |
| 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 Redon Solutions 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.
Peer Comparison of Redon Solutions Private Limited
Redon Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Website Design and Maintenance). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digipacts Ventures (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Nimoth, Haryana, India |
| Namix Software Private Limited | •••• | •••• | •••• | •••• | - | Bardhaman, West Bengal, India |
| Techabilit IT Solutions Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Melange Design Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Lunarwebpages Webhosting Solutions Private Limited | •••• | •••• | •••• | •••• | - | Zirakpur, Punjab, India |
| Redon Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Wonderwall Education Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Dreamart Interactive Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Bharathi Information Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kakkanad, Kerala, India |
| Saathi Worldapp Private Limited | •••• | •••• | •••• | •••• | - | Galleria Dlf-Iv, Haryana, India |
| Shree Visat Designs Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Redon Solutions by revenue in the Information Technology industry (Website Design and Maintenance), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Redon Solutions Private Limited
Redon Solutions Private Limited is audited by DEEPAK S PAMECHA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK S PAMECHA & ASSOCIATES | 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.
Board of Directors of Redon Solutions Private Limited
Redon Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujan Sarkar Also directs: Ecreeds Info Solutions Private Limited | Director | 20 Apr 2004 | 22 Years 5 Months | Current |
| Ajit Sarkar Also directs: Ecreeds Info Solutions Private Limited | Director | 20 Apr 2004 | 22 Years 5 Months | Current |
Ownership and Shareholding of Redon Solutions 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 Redon Solutions Private Limited
Redon Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Redon Solutions Private Limited
Employment history and EPFO contributions of people linked to Redon Solutions.
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 Redon Solutions Private Limited
Redon Solutions Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Ajit Sarkar was appointed as Director on 20 Apr 2004.
Credit Ratings, Litigation & Regulatory Alerts for Redon Solutions 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 Redon Solutions 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 Redon Solutions 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 Redon Solutions Private Limited
Redon Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCR9477P1ZD | Maharashtra | Active | 01 Jul 2017 |
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 Redon Solutions 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 Redon Solutions Private Limited
Redon Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 20 April 2004 (22+ years old) and is registered under CIN U72900MH2004PTC145792.
Redon Solutions reported revenue of ₹48,707 for FY 2020 (down 95% YoY).
Redon Solutions has 2 current directors:
- Sujan Sarkar - Director
- Ajit Sarkar - Director
Redon Solutions reported a net loss of ₹99,598 (net margin -204.5%) and EBITDA of -₹91,363 (EBITDA margin -187.6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Redon Solutions is -67% over three years and -50% over five years. In the latest year (FY 2020) revenue fell 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Redon Solutions is 27AACCR9477P1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Redon Solutions is U72900MH2004PTC145792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redon Solutions was incorporated on 20 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Redon Solutions by revenue are Digipacts Ventures (OPC) Private Limited, Namix Software Private Limited, Techabilit IT Solutions Private Limited, Melange Design Private Limited, Lunarwebpages Webhosting Solutions Private Limited and 5 more, all in the Information Technology industry (Website Design and Maintenance).
Ajit Sarkar was appointed as Director on 20 Apr 2004. Sujan Sarkar was appointed as Director on 20 Apr 2004.
The registered office of Redon Solutions is at Shop No 15 Ground Floor Jangid Enclave Opp Laxmi Kanakia Road Mira Road East Navaghar, Thane, Maharashtra, India – 401107.