Remitech Financial Services Private Limited
About Remitech Financial Services Private Limited
Data last updated:
Remitech Financial Services Private Limited is a private limited company based in Mundra, Gujarat, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 28 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC098474.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjaykumar Rajendrasinh Vaghela and Harichandra Raghubha Vaghela.
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 is at Adani Road Dharb Village: Dhrab, Mundra, Gujarat, India – 370421.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.42 Lakh. For the same year it recorded a net loss of ₹2.67 Lakh (net margin -187.6%) and EBITDA of -₹2.67 Lakh (EBITDA margin -187.6%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Remitech Financial Services Private Limited's registered office is in Mundra, Gujarat.
- Registered AddressAdani Road Dharb Village: Dhrab, Mundra, Gujarat, India – 370421
- IndustryBusiness Services, Miscellaneous Business Activities, Other 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
Business activity
The main business activity of Remitech Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Remitech Financial Services Private Limited, buy the company report.
Financials of Remitech Financial Services Private Limited
FY 2018 filings availableRemitech Financial Services Private Limited reported revenue of ₹1.42 Lakh for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 |
|---|---|
| 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 | -₹2.67 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.67 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 2017-18 |
|---|---|
| Profitability | |
| EBITDA Margin | -187.6% |
| Net Profit Margin | -187.6% |
| 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 Remitech Financial Services Private Limited, buy the company report.
Board of directors of Remitech Financial Services Private Limited
Remitech Financial Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjaykumar Rajendrasinh Vaghela | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
| Harichandra Raghubha Vaghela | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Remitech Financial Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nitin Finvest Pvt Ltd | ₹1.42 Lakh (FY 2025) | -40.0% | Kolkata, West Bengal, India | |||
| Gharaundha Micro Finance Foundation | ₹1.42 Lakh (FY 2025) | -38.0% | Lucknow, Uttar Pradesh, India | |||
| Sarah Debt Resolution Services Private Limited | ₹1.42 Lakh (FY 2024) | -63.0% | Tirupati, Andhra Pradesh, India | |||
| Jsavior Microcare Foundation | ₹1.42 Lakh (FY 2024) | 45.0% | Saharanpur, Uttar Pradesh, India | |||
| Jatayu Nidhi Limited | ₹1.42 Lakh (FY 2022) | Sindhanur, Karnataka, India | ||||
| Remitech Financial Services Private Limitedthis company | ₹1.42 Lakh (FY 2018) | -₹2.67 Lakh | -187.6% | Mundra, Gujarat, India | ||
| Ruby Sales and Services Private Limited | ₹1.42 Lakh (FY 2024) | 563.0% | Mumbai, Maharashtra, India | |||
| Swarsneha Chits Private Limited | ₹1.42 Lakh (FY 2016) | Pune, Maharashtra, India | ||||
| Saligramam Benefit Fund Ltd | ₹1.42 Lakh (FY 2018) | -4.0% | Chennai, Tamil Nadu, India | |||
| Luit Savings Nidhi Limited | ₹1.42 Lakh (FY 2024) | -40.0% | Goalpara, Assam, India | |||
| Reji's Abhandhya Chits and Kuries Private Limited | ₹1.42 Lakh (FY 2024) | 41.0% | Malappuram, Kerala, India |
To see the full peer comparison of Remitech Financial Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Remitech Financial Services 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 Remitech Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Remitech Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Remitech Financial Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Harichandra Raghubha Vaghela was appointed as Director on 28 Jul 2017.
Frequently asked questions
Remitech Financial Services is an active private limited company based in Mundra, Gujarat, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 28 July 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC098474.
Remitech Financial Services has 2 current directors:
- Sanjaykumar Rajendrasinh Vaghela - Director
- Harichandra Raghubha Vaghela - Director
The latest financial statements of Remitech Financial Services 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Remitech Financial Services is U74999GJ2017PTC098474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remitech Financial Services was incorporated on 28 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Remitech Financial Services by revenue are Nitin Finvest Pvt Ltd, Gharaundha Micro Finance Foundation, Sarah Debt Resolution Services Private Limited, Jsavior Microcare Foundation, Jatayu Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Harichandra Raghubha Vaghela was appointed as Director on 28 Jul 2017. Sanjaykumar Rajendrasinh Vaghela was appointed as Director on 28 Jul 2017.
The registered office of Remitech Financial Services is at Adani Road Dharb Village: Dhrab, Mundra, Gujarat, India – 370421.
Remitech Financial Services operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Remitech Financial Services is active non-compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.
Remitech Financial Services can be reached at its registered office: Adani Road Dharb Village: Dhrab, Mundra, Gujarat, India – 370421.
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