About Reminco Resources Private Limited
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Reminco Resources Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 February 2007.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2007PTC049984. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹16 Lakh. It was formerly known as Beyonce Trading Private Limited. It was led by directors including Naman Madhav Patel and Nita Madhav Patel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A206 Safal Profitaire Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2018, the company reported a revenue of ₹69.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.37 Lakh (net margin 43.7%) and EBITDA of ₹20.7 Lakh (EBITDA margin 29.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The last known website on record is remincoresources.com.
Company details
Contact details
Reminco Resources Private Limited's registered office is in Ahmedabad, Gujarat. Its website is remincoresources.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA206 Safal Profitaire Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Reminco Resources 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
Business activity
The main business activity of Reminco Resources is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Reminco Resources Private Limited, buy the company report.
Financials of Reminco Resources Private Limited
FY 2018 filings availableReminco Resources Private Limited reported revenue of ₹69.56 Lakh (up 319% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 319% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 94% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹20.7 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹30.37 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 29.8% | |||
| Net Profit Margin | 43.7% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Reminco Resources Private Limited, buy the company report.
Board of directors of Reminco Resources Private Limited
Reminco Resources has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naman Madhav Patel Also directs: Omkareshwar Mines & Minerals Private Limited, Inaluchem Ventures Private Limited, Fonera Commercials Private Limited and 3 more | Director | 15 Feb 2012 | 14 Years 8 Months | As last reported |
| Nita Madhav Patel Also directs: Dynamic Real Trading LLP, Omkareshwar Mines & Minerals Private Limited, Inaluchem Ventures Private Limited and 1 more | Director | 09 Feb 2007 | 19 Years 8 Months | As last reported |
| Ketan Chandulal Chhapia | Director | 19 Apr 2007 | 19 Years 6 Months | As last reported |
Peer comparison
Reminco Resources Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naroma Textiles Impex Private Limited | ₹69.73 Lakh (FY 2025) | -23.0% | Delhi, India | |||
| Legend International Private Limited | ₹69.69 Lakh (FY 2021) | -96.0% | New Delhi, Delhi, India | |||
| Planify Enterprises Private Limited | ₹69.64 Lakh (FY 2024) | -86.0% | Delhi, India | |||
| Reminco Resources Private Limitedthis company | ₹69.56 Lakh (FY 2018) | ₹30.37 Lakh | 43.7% | 319.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Reminco Resources Private Limited, buy the company report.
Auditor
Reminco Resources Private Limited is audited by M A R K S & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A R K S & CO | FY 2017 | 139476W |
Shareholding
The shareholding of Reminco Resources Private 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 Reminco Resources Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reminco Resources Private 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 Reminco Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reminco Resources 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 Reminco Resources Private Limited, buy the company report.
Recent activity
Reminco Resources Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Naman Madhav Patel ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Reminco Resources 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.
Reminco Resources was a private limited company based in Ahmedabad, Gujarat, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 February 2007 and is registered under CIN U67120GJ2007PTC049984. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Reminco Resources was incorporated on 09 February 2007. It is registered with the Registrar of Companies, Ahmedabad.
Reminco Resources had 3 directors:
- Naman Madhav Patel - Director
- Nita Madhav Patel - Director
- Ketan Chandulal Chhapia - Director
The CIN (Corporate Identification Number) of Reminco Resources is U67120GJ2007PTC049984. 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 Reminco Resources is at A206 Safal Profitaire Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
Reminco Resources can be reached through the website remincoresources.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Reminco Resources on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Reminco Resources has 1 GST registration on record and it is cancelled or inactive.
Reminco Resources operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Reminco Resources by revenue are Naroma Textiles Impex Private Limited, Legend International Private Limited, Planify Enterprises Private Limited, all in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading).