About Riemen Solution Private Limited
Data last updated:
Riemen Solution Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the business process outsourcing sector. It was incorporated on 22 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74120UP2014PTC065625. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.42 Lakh. It is led by directors Deepak Gupta and Deepak Sinha.
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 Flat No. 103 Tower No. Cs – 10 Supertech Capetown Sector – 74, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.84 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹49.89 Lakh (net margin 5.1%) and EBITDA of ₹70.51 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 102% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Riemen Solution.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riemensolution.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No. 103 Tower No. Cs – 10 Supertech Capetown Sector – 74, Noida, Uttar Pradesh, India – 201301
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Associated Brands with Riemen Solution Private Limited
Riemen Solution operates one associated brand: Riemen Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides BPO services like call centers, back office, staffing, and voice broadcasting in India. | riemensolution.com |
Competitors & Alternatives of Riemen Solution Private Limited
Brands and companies operating in the same space as Riemen Solution Private Limited include Quess, Datamatics, TaskUs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Quess | Provider of outsourcing and business services | Bengaluru, India | 2007 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 TaskUs | Provider of customer care and back office support services for multiple sectors | San Antonio, United States | 2008 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 CESC | Electricity generation and distribution are provided in eastern India. | Kolkata, India | 1879 |
 Sutherland | Business process and technology management services are provided globally. | Pittsford, United States | 1986 |
 eClerx | Provider of business processes, change management, analytics, and data-driven insights services | Mumbai, India | 2000 |
 Hexaware | Provider of IT consulting and BPO services | Mumbai, India | 1990 |
 eInfochips | Provider of product engineering, process automation, IT advisory, software development, and other services | Ahmedabad, India | 1996 |
 Capita | Capita is engaged in providing business process outsourcing and digital services. | London, United Kingdom | 1984 |
Business Activity of Riemen Solution Private Limited
The main business activity of Riemen Solution is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Riemen Solution Private Limited
Riemen Solution Private Limited is audited by SANJAY SRIVASTAVA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJAY SRIVASTAVA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Riemen Solution Private Limited
Riemen Solution has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Gupta | Director | 22 Aug 2014 | 12 Years 1 Months | Current |
| Deepak Sinha Also directs: Confirmative Solutions Private Limited | Director | 16 Jan 2023 | 3 Years 8 Months | Current |
Financials of Riemen Solution Private Limited FY 2024 filings available
Riemen Solution Private Limited reported revenue of ₹9.84 Cr (down 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Riemen Solution Private Limited
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 102%. EBITDA rose 160% 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 of Riemen Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹70.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49.89 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Riemen Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Riemen Solution are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Riemen Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Riemen Solution Private Limited
Riemen Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Riemen Solution Private Limited
Employment history and EPFO contributions of people linked to Riemen Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Riemen Solution Private Limited
Riemen Solution has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Riemen Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Riemen Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Riemen Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- 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 Riemen Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Riemen Solution Private Limited
Frequently Asked Questions about Riemen Solution Private Limited
Riemen Solution is an active private limited company based in Noida, Uttar Pradesh, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 22 August 2014 (12+ years old) and is registered under CIN U74120UP2014PTC065625.
Riemen Solution reported revenue of ₹9.84 Cr for FY 2024 (down 21% YoY).
Riemen Solution has 2 current directors:
- Deepak Gupta - Director
- Deepak Sinha - Director
Riemen Solution reported a net profit of ₹49.89 Lakh (net margin 5.1%) and EBITDA of ₹70.51 Lakh (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Riemen Solution is 67% over three years and 102% over five years. In the latest year (FY 2024) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
No. Riemen Solution has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Riemen Solution is U74120UP2014PTC065625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riemen Solution was incorporated on 22 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kanpur.
Yes, Riemen Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).