About Remitout Service Private Limited
Data last updated: 10 January 2026
Remitout Service Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in forex services, a part of the broader financial services sector. Incorporated on 24 August 2017, the company has been in operation for over 9 years.
Registered with ROC Mumbai under CIN U85500MH2017PTC299015.
Capital: an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nafees Dadi Siddiq and Kritika Saini.
Last AGM: 14 November 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.89 Cr, a growth of 31% compared to the previous year.
The company is associated with 1 brand - Remitout. As per MCA filings, the company has open charges of ₹28 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remitout.com.
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Registered Address2Nd Floor Office Number. B – 207 Damji Shamji Corporate Square, Ghatkopar – Andheri Link Road Near Everest Garden Ghatkopar East, Mumbai, Maharashtra, India – 400075
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IndustryFinancial Services, Forex Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Remitout Service Private Limited
Remitout Service Private Limited has one previous CIN (Corporate Identification Number): U72200MH2017PTC299015. The current CIN is U85500MH2017PTC299015, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85500MH2017PTC299015 | Current |
| U72200MH2017PTC299015 | Previous |
Associated Brands with Remitout Service Private Limited
Remitout Service Private Limited operates one associated brand: Remitout. These brands represent Remitout Service Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Money remittance from India to abroad is enabled online. | remitout.com |
Competitors & Alternatives of Remitout Service Private Limited
Brands and companies operating in the same space as Remitout Service Private Limited include xCurrency, BlueKite, Quippi and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
xCurrency
|
Forex rate converter and remittance services | Zhuhai, China, China | 2001 |
BlueKite
|
Cross-border bill payments and remittances | Miami, United States, United States | 1998 |
Quippi
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US-Mexico cross border gift cards | San Diego, United States, United States | 2012 |
Easy Transfer
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Cross-border transfers for education fee payments are enabled. | Seattle, United States, United States | 2013 |
NexPay
|
Provider of industrial solutions, including lubricants, safety equipment, and wind energy optimization | Sydney, Australia, Australia | 2011 |
VipiCash
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Global money transfers are enabled through blockchain technology. | Oslo, Norway, Norway | 2017 |
Mintroute
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Cross-border mobile recharge solutions are facilitated via online platforms. | Dubai, United Arab Emirates, United Arab Emirates | 2014 |
Pax Credit
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Provides a platform for cross-border payments tailored to international students. | Singapore, Singapore, Singapore | 2017 |
Business Activity of Remitout Service Private Limited
Remitout Service Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details for Remitout Service Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Remitout Service Private Limited
Remitout Service Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nafees Dadi Siddiq
Also directs:
Remitout Service Private Limited
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Director | 24 Aug 2017 | 8 Years 11 Months | Current |
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Kritika Saini
Also directs:
Remitout Service Private Limited
|
Director | 24 Aug 2017 | 8 Years 11 Months | Current |
Financials of Remitout Service Private Limited FY 2025 filings available
Remitout Service Private Limited reported revenue of ₹2.89 Cr (up 31.00% YoY) for FY 2024.
Ten-year financial statements for Remitout Service Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Remitout Service Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2021 | Hdfc Bank Limited | ₹28 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Remitout Service Private Limited
View historical data on people associated with Remitout Service Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Remitout Service Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Remitout Service Private Limited
GST registrations and filing compliance for Remitout Service Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Remitout Service Private Limited
Credit ratings, litigation, and regulatory alerts for Remitout Service Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Remitout Service Private Limited
MSME payment history for Remitout Service Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Remitout Service Private Limited
Corporate group structure for Remitout Service Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Remitout Service Private Limited
MCA filings and documents for Remitout Service Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Remitout Service Private Limited
Frequently Asked Questions about Remitout Service Private Limited
Remitout Service Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 24 August 2017 (9+ years old) and is registered under CIN U85500MH2017PTC299015.
Remitout Service Private Limited reported revenue of ₹2.89 Cr for FY 2024 (up 31.00% YoY).
The current directors of Remitout Service Private Limited are:
- Nafees Dadi Siddiq - Director
- Kritika Saini - Director
The primary industry of Remitout Service Private Limited is financial services. The company specifically operates in forex services. The company is currently active in this sector.
Yes, Remitout Service Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Remitout Service Private Limited can be reached at the registered office: 2Nd Floor Office Number. B – 207 Damji Shamji Corporate Square, Ghatkopar – Andheri Link Road Near Everest Garden Ghatkopar East, Mumbai, Maharashtra, India – 400075, or through the website remitout.com.