About Resolute Electronics Private Limited
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Resolute Electronics Private Limited is a private limited company based in Hyderabad, Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 February 1999.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52334TG1999PTC031153. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.79 Cr. It was formerly known as Celestica (Hyderabad) Electronics Private Limited and Quad Electronic Solutions Private Limited. It is led by directors Raminder Singh Soin (Managing Director) and Prit Pal Singh.
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 13 – 256/2D/A3 Padmavathi Homes Umanagar M R Colony Medchal, Hyderabad, Telangana, India – 501401.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.75 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹13.84 Lakh and EBITDA of -₹5.84 Lakh (EBITDA margin -333.9%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.23 Cr and satisfied charges of ₹17.5 Lakh on record. Court records list 25 cases involving the company, including 10 filed by the company and 15 filed against it; 3 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.84 Cr; the latest was in August 2012. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is SL Lighting India Private Limited with revenue of ₹1.87 Lakh.
The last known website on record is resoluteelectronics.com.
Company details
Name history
Resolute Electronics has undergone 3 name changes throughout its history. The company was previously known as Celestica (Hyderabad) Electronics Private Limited, Quad Electronic Solutions Private Limited, and Ramnish Electronics Private Limited. The current legal name is Resolute Electronics Private Limited.
| Company Name | Status |
|---|---|
| Resolute Electronics Private Limited | Current |
| Celestica (Hyderabad) Electronics Private Limited | Previous |
| Quad Electronic Solutions Private Limited | Previous |
| Ramnish Electronics Private Limited | Previous |
CIN history
Resolute Electronics has one previous CIN (Corporate Identification Number): U52334AP1999PTC031153. The current CIN is U52334TG1999PTC031153, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52334TG1999PTC031153 | Current |
| U52334AP1999PTC031153 | Previous |
Contact details
Resolute Electronics Private Limited's registered office is in Hyderabad, Telangana. Its website is resoluteelectronics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13 – 256/2D/A3 Padmavathi Homes Umanagar M R Colony Medchal, Hyderabad, Telangana, India – 501401
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Resolute Electronics 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
Financials of Resolute Electronics Private Limited
FY 2018 filings availableResolute Electronics Private Limited reported revenue of ₹1.75 Lakh (down 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 85% over three years. EBITDA fell 102% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.75 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.84 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13.84 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 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -333.9% | |||
| Net Profit Margin | ||||
| 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 Resolute Electronics Private Limited, buy the company report.
Board of directors of Resolute Electronics Private Limited
Resolute Electronics has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raminder Singh Soin Also directs: Resolute B2b LLP, Sintnet Advance Technology Solutions LLP, LCGC Resolute Appliances LLP and 5 more | Managing Director | 18 Feb 1999 | 27 Years 8 Months | As last reported |
| Prit Pal Singh | Director | 06 Oct 2014 | 12 Years 1 Months | As last reported |
Peer comparison
Resolute Electronics Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SL Lighting India Private Limited | ₹1.87 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Vishesh Electronics Private Limited | ₹1.85 Lakh (FY 2024) | Delhi, India | ||||
| Funeffect Electronics Private Limited | ₹1.83 Lakh (FY 2024) | -95.0% | Bhopal, Madhya Pradesh, India | |||
| Starwood Techno Industries Private Limited | ₹1.79 Lakh (FY 2025) | -96.0% | Nanded, Maharashtra, India | |||
| Echjay Electronics Private Limited | ₹1.79 Lakh (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Resolute Electronics Private Limitedthis company | ₹1.75 Lakh (FY 2018) | -₹13.84 Lakh | -100.0% | Hyderabad, Telangana, India | ||
| Zilicon Technologies Private Limited | ₹1.72 Lakh (FY 2022) | 6.0% | Thiruvananthapuram, Kerala, India | |||
| Spectrum Agro Solutions Private Limited | ₹1.7 Lakh (FY 2025) | -61.0% | Nagpur, Maharashtra, India | |||
| Jai-Ram Stampings Private Limited | ₹1.65 Lakh (FY 2017) | Delhi, India | ||||
| Modison HV Private Limited | ₹1.65 Lakh (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Venkatesh Engineering Equipments Pvt Ltd | ₹1.64 Lakh (FY 2025) | -100.0% | Pune, Maharashtra, India |
To see the full peer comparison of Resolute Electronics Private Limited, buy the company report.
Auditor
Resolute Electronics Private Limited is audited by HARJEET & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARJEET & ASSOCIATES | FY 2018 | 006222S |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2011 | 10288363 | Bank of Bahrain & Kuwait B.S.C | ₹18.21 Cr | Open | |
| 16 Mar 2011 | 10271793 | Bank of Bahrain & Kuwait B.S.C | ₹1.21 Cr | Open | |
| 12 Aug 2009 | 10172255 | Edelweiss Asset Reconstruction Company Limited | ₹42.81 Cr | Open | |
| 31 Mar 2004 | 90125146 | A.P.S.F.C. | ₹13 Lakh | Satisfied | |
| 01 Jul 1999 | 90127846 | Punjab and Sind Bank | ₹4.5 Lakh | Satisfied |
To see the full charge records of Resolute Electronics Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Resolute Electronics Private Limited has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.84 Cr; the latest was in August 2012.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Celestica (India) Private Limited |
To see the full deal history of Resolute Electronics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Resolute Electronics Private Limited has 25 court cases on record: 10 filed by Resolute Electronics, 15 filed against it. 3 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 6 | 2 |
| District courts | 8 | 8 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Cathy Commercial P Ltd. | Pending |
| District court, Kolhapur, Maharashtra | Court case (Civil M.A.) | Filed against the company by Padmaja Packaging Industries Ltd, Mahaveer Shamgonda Patil | Disposed |
| High Court | Civil suit | Filed against the company by Cathy Commercial Pvt Ltd Ashok Kumar Singh | Disposed |
| High Court, TELANGANA | Company petition | Filed against the company by Robinsons Cargo and Logistics Private Limited, | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Electrohms Private Limited | Disposed |
To see the full case history of Resolute Electronics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Resolute Electronics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Resolute Electronics has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Resolute Electronics Private Limited, buy the company report.
Recent activity
Resolute Electronics Private Limited has 16 board changes on record since 1999: 2 appointments and 14 cessations. The latest: Prit Pal Singh ceased to be Additional Director on 29 Sep 2015.
17 earlier events are in the company report.
Frequently asked questions
Resolute Electronics is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Resolute Electronics is a company under liquidation, formerly operating as a private limited company based in Hyderabad, Telangana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 February 1999 and is registered under CIN U52334TG1999PTC031153. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Resolute Electronics has 2 current directors:
- Raminder Singh Soin - Managing Director
- Prit Pal Singh - Director
The latest financial statements of Resolute Electronics 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.
The CIN (Corporate Identification Number) of Resolute Electronics is U52334TG1999PTC031153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resolute Electronics has open charges of ₹62.23 Cr and satisfied charges of ₹17.5 Lakh as per latest MCA filings.
Resolute Electronics has 25 court cases on record: 10 filed by the company and 15 filed against it. 3 are pending. Most are in the high courts.
Resolute Electronics was incorporated on 18 February 1999. It is registered with the Registrar of Companies, Hyderabad.
Resolute Electronics has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.84 Cr; the latest was in August 2012.
The peers of Resolute Electronics by revenue are SL Lighting India Private Limited, Vishesh Electronics Private Limited, Funeffect Electronics Private Limited, Starwood Techno Industries Private Limited, Echjay Electronics Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Prit Pal Singh ceased to be Additional Director on 29 Sep 2015. Arindam Nag ceased to be Director on 02 Feb 2015. Prit Pal Singh was appointed as Director on 06 Oct 2014. Resolute Electronics has 16 board changes on record in total.
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