About Remi Electrical Industries Limited
Data last updated:
Remi Electrical Industries Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 24 January 1979.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH1979PLC020945. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.1 Lakh and a paid-up capital of ₹6 Lakh. It was led by directors including Ramakrishnan Venkataraman Iyer (Director Appointed In Casual Vacancy) and Nagesh Giriya Suvarna (Director Appointed In Casual Vacancy).
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No. 11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.71 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹17.23 Lakh (net margin 3.7%) and EBITDA of ₹26.86 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 208% over three years.
As per MCA filings, the company had satisfied charges of ₹5 Lakh on record.
The last known website on record is remigroup.com.
Company details
CIN history
Remi Electrical Industries has one previous CIN (Corporate Identification Number): L31100MH1979PLC020945. The current CIN is U31100MH1979PLC020945, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100MH1979PLC020945 | Current |
| L31100MH1979PLC020945 | Previous |
Contact details
Remi Electrical Industries Limited's registered office is in Mumbai, Maharashtra. Its website is remigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
To see the full contact details of Remi Electrical Industries 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
Business activity
The main business activity of Remi Electrical Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Remi Electrical Industries Limited, buy the company report.
Financials of Remi Electrical Industries Limited
FY 2019 filings availableRemi Electrical Industries Limited reported revenue of ₹4.71 Cr (up 51% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 208% over three years, including 51% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹26.86 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹17.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Remi Electrical Industries Limited, buy the company report.
Board of directors of Remi Electrical Industries Limited
Remi Electrical Industries has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan Venkataraman Iyer | Director Appointed In Casual Vacancy | 12 Nov 2009 | 16 Years 11 Months | As last reported |
| Nagesh Giriya Suvarna | Director Appointed In Casual Vacancy | 23 Jun 2009 | 17 Years 4 Months | As last reported |
| Ajay Vijay Raorane | Director | 01 Apr 2004 | 22 Years 7 Months | As last reported |
Peer comparison
Remi Electrical Industries Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Garinno Global Private Limited | ₹4.72 Cr (FY 2024) | 17.0% | Mumbai, Maharashtra, India | |||
| Unity Appliances Limited | ₹4.71 Cr (FY 2019) | -87.0% | Mumbai, Maharashtra, India | |||
| Kappa Engineering Private Limited | ₹4.71 Cr (FY 2023) | 31.0% | Ahmedabad, Gujarat, India | |||
| Propel Indenergy Solutions Private Limited | ₹4.71 Cr (FY 2024) | 104.0% | Murbad, Maharashtra, India | |||
| Digilux Automation Private Limited | ₹4.71 Cr (FY 2025) | 86.0% | Bangalore, Karnataka, India | |||
| Remi Electrical Industries Limitedthis company | ₹4.71 Cr (FY 2019) | ₹17.23 Lakh | 3.7% | 51.0% | Mumbai, Maharashtra, India | |
| NND Auto Private Limited | ₹4.71 Cr (FY 2024) | -37.0% | Gurugram, Haryana, India | |||
| Plexware Automations Private Limited | ₹4.71 Cr (FY 2022) | 79.0% | Lane No, Dighi, Pune, Maharashtra, India | |||
| Powermetz Batteries Private Limited | ₹4.71 Cr (FY 2025) | 1512.0% | Sikandrabad, Uttar Pradesh, India | |||
| Vijai Ganges and Equipments Pvt Ltd | ₹4.71 Cr (FY 2024) | -12.0% | Telangana, India | |||
| Solace Cogen Private Limited | ₹4.7 Cr (FY 2023) | 118.0% | Panvel, Maharashtra, India |
To see the full peer comparison of Remi Electrical Industries Limited, buy the company report.
Auditor
Remi Electrical Industries Limited is audited by BHARAT AGRAWAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT AGRAWAL & CO. | FY 2017 | 35496 |
Shareholding
The shareholding of Remi Electrical Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Remi Electrical Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2010 | 10248526 | State Bank of India | ₹5 Lakh | Satisfied |
To see the full charge records of Remi Electrical Industries Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Remi Electrical Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Remi Electrical Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Remi Electrical Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Remi Electrical Industries Limited, buy the company report.
Recent activity
Remi Electrical Industries Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Ajay Vijay Raorane ceased to be Whole-Time Director on 01 Aug 2013.
Frequently asked questions
Remi Electrical Industries has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Remi Electrical Industries was a public limited company based in Mumbai, Maharashtra, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 24 January 1979 and is registered under CIN U31100MH1979PLC020945. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Remi Electrical Industries was incorporated on 24 January 1979. It is registered with the Registrar of Companies, Mumbai.
Remi Electrical Industries had 3 directors:
- Ramakrishnan Venkataraman Iyer - Director Appointed In Casual Vacancy
- Nagesh Giriya Suvarna - Director Appointed In Casual Vacancy
- Ajay Vijay Raorane - Director
The CIN (Corporate Identification Number) of Remi Electrical Industries is U31100MH1979PLC020945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Remi Electrical Industries is at Plot No. 11 Cama Industrial Estate Goregaon East, Mumbai, Maharashtra, India – 400063.
Remi Electrical Industries can be reached through the website remigroup.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Remi Electrical Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
No. Remi Electrical Industries has 1 GST registration on record and it is cancelled or inactive.
Remi Electrical Industries operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment.
The peers of Remi Electrical Industries by revenue are Garinno Global Private Limited, Unity Appliances Limited, Kappa Engineering Private Limited, Propel Indenergy Solutions Private Limited, Digilux Automation Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
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