About Redstone Consultancy Services Private Limited
Data last updated:
Redstone Consultancy Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 19 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2010PTC205575. Its GSTIN is 27AAFCR0300Q1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.23 Lakh. It is led by directors Vineet Subhash Wadhwa (Managing Director) and Mohit Subhash Wadhwa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹51,180. For the same year it recorded a net loss of ₹2.56 Lakh (net margin -499.4%) and EBITDA of -₹88,054 (EBITDA margin -172%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 22% over five years.
The company is associated with 1 brand: Groffr. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2 Cr; the latest was in September 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groffr.com.
Company details
Contact details
Redstone Consultancy Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is groffr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA3/372 Kohinoor City Kirol Road, Off Lbs Marg Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryInternet, Online Real Estate Platforms
To see the full contact details of Redstone Consultancy Services Private Limited, buy the company report.
- 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
Brands
Redstone Consultancy Services operates one associated brand: Groffr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for group buying in real estate | groffr.com |
Business activity
The main business activity of Redstone Consultancy Services is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Redstone Consultancy Services Private Limited, buy the company report.
Financials of Redstone Consultancy Services Private Limited
FY 2025 filings availableRedstone Consultancy Services Private Limited reported revenue of ₹51,180 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years. EBITDA fell 781% 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
| 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 | -₹88,054 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.56 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -172% | ||||
| Net Profit Margin | -499.4% | ||||
| 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 Redstone Consultancy Services Private Limited, buy the company report.
Board of directors of Redstone Consultancy Services Private Limited
Redstone Consultancy Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Subhash Wadhwa | Managing Director | 10 Feb 2015 | 11 Years 8 Months | Current |
| Mohit Subhash Wadhwa | Director | 10 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Redstone Consultancy Services Private Limited is audited by SHRUTI SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRUTI SHAH & CO | FY 2020 | 116816W |
Shareholding
The shareholding of Redstone Consultancy Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Redstone Consultancy Services Private Limited, buy the company report.
Deals & funding
Redstone Consultancy Services Private Limited has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2 Cr; the latest was in September 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Nov 2015 | Rights issue | ₹1 Lakh | Investors: 2 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Others Redstone Consultancy Services Private Limited, 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Others Redstone Consultancy Services Private Limited, an individual Seller: Stone Angel Technologies LLP |
| Nov 2011 | Funding round | ₹2 Cr | Investors: Stone Angel Technologies LLP , Fresco Global, 2 individuals |
To see the full deal history of Redstone Consultancy Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Redstone Consultancy Services Private Limited has 2 court cases on record: 2 filed by Redstone Consultancy Services. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Grofers India Private Limited & Anr | Pending |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Grofers India Private Limited & Anr | Disposed |
To see the full case history of Redstone Consultancy Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Redstone Consultancy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Redstone Consultancy Services Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Redstone Consultancy Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR0300Q1ZC | Maharashtra | Active | 01 Jul 2017 |
| 08AAFCR0300Q1ZC | Rajasthan | Active | 27 Jul 2020 |
To see the full GST registrations and return filing status of Redstone Consultancy Services Private Limited, buy the company report.
Recent activity
Redstone Consultancy Services Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Vikhyat Srivastava ceased to be Director on 19 Apr 2016.
Frequently asked questions
Redstone Consultancy Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 19 July 2010 (16+ years old) and is registered under CIN U93000MH2010PTC205575.
Redstone Consultancy Services has 2 current directors:
- Vineet Subhash Wadhwa - Managing Director
- Mohit Subhash Wadhwa - Director
The latest financial statements of Redstone Consultancy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Redstone Consultancy Services is 27AAFCR0300Q1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAFCR0300Q1ZC (Rajasthan).
The CIN (Corporate Identification Number) of Redstone Consultancy Services is U93000MH2010PTC205575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redstone Consultancy Services has 2 court cases on record: 2 filed by the company. 1 is pending.
Redstone Consultancy Services was incorporated on 19 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Redstone Consultancy Services has 6 deals on record (4 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹2 Cr; the latest was in September 2016.
Vikhyat Srivastava ceased to be Director on 19 Apr 2016. Sandeep Hanumanth Reddy ceased to be Director on 18 Feb 2015. Mohit Subhash Wadhwa was appointed as Director on 10 Feb 2015. Redstone Consultancy Services has 5 board changes on record in total.
Redstone Consultancy Services can be reached through the website groffr.com. Its registered office is in Mumbai, Maharashtra, India.