About Remiges Technologies Private Limited
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Remiges Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PTC124525. Its GSTIN is 27AAECS6931P1ZP (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as Starcom Software Private Limited and Merce Technologies Private Limited. It is led by directors Shraddha Thanawala (Managing Director) and Shuvam Misra.
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 301 Technocity X – 5/3 Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.5 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 3.5%) and EBITDA of ₹5.49 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 43% over five years.
The company has about 209 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Remiges Technologies. As per MCA filings, the company has open charges of ₹11.69 Cr and satisfied charges of ₹15.56 Cr on record. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in September 2022. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Chargeback Gurus Fintech Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remiges.tech.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address301 Technocity X – 5/3 Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India – 400710
- 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 Remiges Technologies Private Limited
The main business activity of Remiges Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Remiges Technologies Private Limited FY 2025 filings available
Remiges Technologies Private Limited reported revenue of ₹40.5 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Remiges Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 14% growth in the latest year. EBITDA fell 27% 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 Remiges Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹5.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.4 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Remiges Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 Remiges Technologies 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 Remiges Technologies Private Limited
Remiges Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chargeback Gurus Fintech Private Limited | •••• | •••• | •••• | •••• | 358 | Chennai, Tamil Nadu, India |
| Glade India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| MSBC Solutions (India) Private Limited | •••• | •••• | •••• | •••• | 75 | Ahmedabad, Gujarat, India |
| Jiva Internet Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Origin Techserve Private Limited | •••• | •••• | •••• | •••• | 39 | Chennai, Tamil Nadu, India |
| Remiges Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| 3R Infotech Private Limited | •••• | •••• | •••• | •••• | 15 | Delhi, India |
| Shree NRT Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Ranchi, Jharkhand, India |
| Achala IT Solutions Private Limited | •••• | •••• | •••• | •••• | 284 | Hyderabad, Telangana, India |
| Communication Media Products (India) Private Limited | •••• | •••• | •••• | •••• | 38 | New Delhi, Delhi, India |
| M2e Comcare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Remiges Technologies by revenue in the Information Technology industry (IT Consulting and Services), 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 Remiges Technologies Private Limited
Remiges Technologies Private Limited is audited by NITIN RAMCHANDRA DHAVALIKAR for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NITIN RAMCHANDRA DHAVALIKAR | 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 Remiges Technologies Private Limited
Remiges Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shraddha Thanawala Also directs: Cormorant Management Solutions Private Limited | Managing Director | 23 Jul 2009 | 17 Years 2 Months | Current |
| Shuvam Misra Also directs: Cormorant Management Solutions Private Limited | Director | 25 Feb 2000 | 26 Years 7 Months | Current |
Ownership and Shareholding of Remiges 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 Remiges Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2025 | Yes Bank Limited | ₹9.45 Cr | Open |
| 29 Jun 2024 | Others | ₹46 Lakh | Open |
| 29 Jun 2024 | Others | ₹18.8 Lakh | Open |
| 29 Jun 2024 | Others | ₹1 Cr | Open |
| 29 Jun 2024 | Others | ₹23.1 Lakh | Open |
Total charge records: 10 View all charges
Deals & Funding of Remiges Technologies Private Limited
Remiges Technologies Private Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in September 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jul 2018 | Rights issue | ₹5.2 Lakh | Investors: 4 individuals |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Florida Properties Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Remiges Technologies Private Limited
Remiges Technologies operates one associated brand: Remiges Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops business applications, database migrations, and cloud solutions for enterprises globally. | remiges.tech |
Employees and EPFO Compliance at Remiges Technologies Private Limited
Remiges Technologies Private Limited has a workforce of 209 employees as of Apr 02, 2024.
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.
Name History of Remiges Technologies Private Limited
Remiges Technologies has undergone 2 name changes throughout its history. The company was previously known as Starcom Software Private Limited, and Merce Technologies Private Limited. The current legal name is Remiges Technologies Private Limited.
| Company Name | Status |
|---|---|
| Remiges Technologies Private Limited | Current |
| Starcom Software Private Limited | Previous |
| Merce Technologies Private Limited | Previous |
News related to Remiges Technologies Private Limited
Recent Activity on Remiges Technologies Private Limited
Remiges Technologies Private Limited has 6 board changes on record since 2000: 2 appointments and 4 cessations. The latest: Shuvam Misra ceased to be Managing Director on 01 Mar 2022.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Remiges 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 Remiges 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 Remiges 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 Remiges Technologies Private Limited
Remiges Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS6931P1ZP | 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 Remiges 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 Remiges Technologies Private Limited
Remiges Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 February 2000 (26+ years old) and is registered under CIN U72200MH2000PTC124525.
Remiges Technologies reported revenue of ₹40.5 Cr for FY 2025 (up 14% YoY).
Remiges Technologies has 2 current directors:
- Shraddha Thanawala - Managing Director
- Shuvam Misra - Director
Remiges Technologies reported a net profit of ₹1.4 Cr (net margin 3.5%) and EBITDA of ₹5.49 Cr (EBITDA margin 13.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Remiges Technologies is 45% over three years and 43% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Remiges Technologies is 27AAECS6931P1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Remiges Technologies is U72200MH2000PTC124525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remiges Technologies was incorporated on 25 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Remiges Technologies has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in September 2022.
The peers of Remiges Technologies by revenue are Chargeback Gurus Fintech Private Limited, Glade India Private Limited, MSBC Solutions (India) Private Limited, Jiva Internet Solutions Private Limited, Origin Techserve Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Shuvam Misra ceased to be Managing Director on 01 Mar 2022. Nidambur Bharatha Ballal ceased to be Director on 31 Jul 2020. Shraddha Thanawala ceased to be Additional Director on 30 Sep 2009. Remiges Technologies has 6 board changes on record in total.