
Riec Overseas Private Limited
About Riec Overseas Private Limited
Data last updated:
Riec Overseas Private Limited is a private limited company based in Chandigarh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U63000CH2019PTC042604. Its GSTIN is 04AAJCR6830M1Z1 (Chandigarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rohit Bansal and Kirti Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at SCO – 2455 – 56 Sector – 22C 2nd Floor, Chandigarh, India – 160022.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.07 Lakh, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹2.11 Lakh (net margin 4.2%) and EBITDA of ₹5.53 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Riec Overseas Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO – 2455 – 56 Sector – 22C 2nd Floor, Chandigarh, India – 160022
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Riec Overseas 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 Riec Overseas Private Limited
FY 2024 filings availableRiec Overseas Private Limited reported revenue of ₹50.07 Lakh (up 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 95% growth in the latest year. EBITDA rose 77% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹5.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.11 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Riec Overseas Private Limited, buy the company report.
Board of directors of Riec Overseas Private Limited
Riec Overseas has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Bansal Also directs: Pranshi Higher Education Private Limited | Director | 28 Jun 2019 | 7 Years 4 Months | Current |
| Kirti Bansal Also directs: Pranshi Higher Education Private Limited | Director | 28 Jun 2019 | 7 Years 4 Months | Current |
| Anil Kumar Bansal Also directs: Pranshi Higher Education Private Limited | Director | 28 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Riec Overseas Private Limited is audited by VISHAL G MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL G MITTAL & ASSOCIATES | FY 2023 | 024265N |
Shareholding
The shareholding of Riec Overseas Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Riec Overseas Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Riec Overseas 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 Riec Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Riec Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAJCR6830M1Z1 | Chandigarh | Active | 02 Feb 2021 |
To see the full GST registrations and return filing status of Riec Overseas Private Limited, buy the company report.
Recent activity
Riec Overseas Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Anil Kumar Bansal was appointed as Director on 28 Jun 2019.
Frequently asked questions
Riec Overseas is an active private limited company based in Chandigarh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 June 2019 (7+ years old) and is registered under CIN U63000CH2019PTC042604.
Riec Overseas has 3 current directors:
- Rohit Bansal - Director
- Kirti Bansal - Director
- Anil Kumar Bansal - Director
The latest financial statements of Riec Overseas on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Riec Overseas is 04AAJCR6830M1Z1, registered in Chandigarh.
The CIN (Corporate Identification Number) of Riec Overseas is U63000CH2019PTC042604. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riec Overseas was incorporated on 28 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
Anil Kumar Bansal was appointed as Director on 28 Jun 2019. Kirti Bansal was appointed as Director on 28 Jun 2019. Rohit Bansal was appointed as Director on 28 Jun 2019.
The registered office of Riec Overseas is at SCO – 2455 – 56 Sector – 22C 2nd Floor, Chandigarh, India – 160022.
Riec Overseas operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Riec Overseas is compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.