About RMZ Infotech Private Limited
Data last updated:
RMZ Infotech Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Millennia Realtors Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 25 November 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U01119KA2003PTC041807. Its GSTIN is 29AACCR6283P1ZJ (Karnataka). The company held 3 GST registrations, all of them active.
The company had an authorised share capital of ₹650.1 Cr and a paid-up capital of ₹3.88 Cr. It was formerly known as Ramanand Agro-Tech Private Limited and Ramanand Agro - Tech Private Limited. It was led by directors Manoj Menda and Raj Menda.
Its last annual general meeting (AGM) was held on 30 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 'The Millenia' Tower – B Level 2 12 – 14 No.1&2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.9 Lakh (net margin 6.7%) and EBITDA of ₹33 Lakh (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 67% over five years.
The company was associated with 1 brand: RMZ Corp. As per MCA filings, the company had satisfied charges of ₹69,014 Cr on record. Court records list 29 cases involving the company, including 19 filed by the company and 10 filed against it; 2 cases are pending. The company has 13 deals on record (5 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹2,152.4 Cr; the latest was in March 2022. The company has 3 MSME Form 1 returns on record for the period ending Sep 2021, listing 12 overdue payments to 9 micro and small suppliers.
The last known website on record is rmzcorp.com.
Company details
Name history
RMZ Infotech has undergone 3 name changes throughout its history. The company was previously known as Ramanand Agro-Tech Private Limited, Ramanand Agro - Tech Private Limited, and Ramanand Infotech Private Limited. The current legal name is Rmz Infotech Private Limited.
| Company Name | Status |
|---|---|
| RMZ Infotech Private Limited | Current |
| Ramanand Agro-Tech Private Limited | Previous |
| Ramanand Agro - Tech Private Limited | Previous |
| Ramanand Infotech Private Limited | Previous |
CIN history
RMZ Infotech has one previous CIN (Corporate Identification Number): U01119AP2003PTC042124. The current CIN is U01119KA2003PTC041807, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01119KA2003PTC041807 | Current |
| U01119AP2003PTC042124 | Previous |
Contact details
RMZ Infotech Private Limited's registered office is in Bangalore, Karnataka. Its website is rmzcorp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address'The Millenia' Tower – B Level 2 12 – 14 No.1&2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of RMZ Infotech 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
Brands
RMZ Infotech operates one associated brand: RMZ Corp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Invests in alternative assets including real estate and infrastructure for returns. | rmzcorp.com |
Business activity
The main business activity of RMZ Infotech is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of RMZ Infotech Private Limited
FY 2023 filings availableRMZ Infotech Private Limited reported revenue of ₹3.87 Cr (up 1277% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years. EBITDA rose 110% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.9 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 6.7% | ||||
| 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 RMZ Infotech Private Limited, buy the company report.
Board of directors of RMZ Infotech Private Limited
RMZ Infotech has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Menda | Director | 03 Nov 2022 | 3 Years 11 Months | As last reported |
| Raj Menda | Director | 03 Nov 2022 | 3 Years 11 Months | As last reported |
Auditor
RMZ Infotech Private Limited is audited by Vasan & Sampath LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vasan & Sampath LLP | FY 2023 | 004542S/S200070 |
Shareholding
The shareholding of RMZ Infotech Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of RMZ Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2021 | 100515977 | Others | ₹3,075 Cr | Satisfied | |
| 21 Dec 2021 | 100515975 | Others | ₹750 Cr | Satisfied | |
| 21 Dec 2021 | 100516001 | Others | ₹6,250 Cr | Satisfied | |
| 03 Dec 2021 | 100507380 | Others | ₹750 Cr | Satisfied | |
| 03 Dec 2021 | 100507384 | Others | ₹6,250 Cr | Satisfied |
To see the full charge records of RMZ Infotech Private Limited, buy the company report.
Total charge records: 49 View all charges
Deals & funding
RMZ Infotech Private Limited has 13 deals on record (5 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹2,152.4 Cr; the latest was in March 2022.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Millennia Realtors Private Limited , Millennia Realtors Private Limited & Madhusudhana Seller: Bsrep Iii Metallica Fpi I Difc Limited |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Thanatos India Private Limited Seller: Millennia Realtors Private Limited , RMZ Infotech Private Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: RMZ Infotech Private Limited Seller: Qatar Investment Authority, Baring Private Equity Partners India |
| Jan 2012 | Acquisition | ₹127 Cr | Buyer: Millennia Realtors Private Limited |
| Mar 2010 | Acquisition | ₹21.51 Cr | Buyer: Millennia Realtors Private Limited |
To see the full deal history of RMZ Infotech 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
RMZ Infotech Private Limited has 29 court cases on record: 19 filed by RMZ Infotech, 10 filed against it. 2 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 4 | 1 |
| District courts | 10 | 6 | 1 |
| NCLT | 4 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.S.) | Filed against the company by M/S Cowrks Coworking Spaces Pvt Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed against the company by M/S Cowrks Coworking Spaces Pvt Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.S.) | Filed by the company against M/S Regus Bangalore Suburb Centre Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed by the company against M/S Regus Bangalore Suburb Centre Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.S.) | Filed by the company against M/S Regus Bangalore Suburb Centre Private Limited | Disposed |
To see the full case history of RMZ Infotech 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.
Credit ratings & regulatory alerts
RMZ Infotech Private Limited was last rated by Icra on 14 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jun 2022 |
To see the full credit ratings and regulatory alerts of RMZ Infotech Private Limited, buy the company report.
MSME payment delays
RMZ Infotech Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2021, listing 12 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hubert Enviro Care Systems Pvt Ltd | |||
| an individual supplier | |||
| Arya Omnitalk Radio Trunking Services Private Limited | |||
| VVV Interiors | |||
| Talin Modular Office Furniture Systems Private Limited |
To see the full MSME payment records of RMZ Infotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
RMZ Infotech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCR6283P1ZJ | Karnataka | Active | 01 Jul 2017 |
| 33AACCR6283P1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 06AACCR6283P1ZR | Haryana | Active | 25 Nov 2017 |
To see the full GST registrations and return filing status of RMZ Infotech Private Limited, buy the company report.
Recent activity
RMZ Infotech Private Limited has 18 board changes on record since 2007: 2 appointments and 16 cessations. The latest: Manoj Menda was appointed as Director on 03 Nov 2022.
123 earlier events are in the company report.
News
Frequently asked questions
RMZ Infotech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
RMZ Infotech was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 25 November 2003 and is registered under CIN U01119KA2003PTC041807. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
RMZ Infotech was incorporated on 25 November 2003. It is registered with the Registrar of Companies, Bangalore.
RMZ Infotech had 2 directors:
- Manoj Menda - Director
- Raj Menda - Director
The CIN (Corporate Identification Number) of RMZ Infotech is U01119KA2003PTC041807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of RMZ Infotech is at The Millenia Tower – B Level 2 12 – 14 No.1&2 Murphy Road Ulsoor, Bangalore, Karnataka, India – 560008.
RMZ Infotech can be reached through the website rmzcorp.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of RMZ Infotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 October 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of RMZ Infotech is 29AACCR6283P1ZJ, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AACCR6283P1ZU (Tamil Nadu), 06AACCR6283P1ZR (Haryana).
RMZ Infotech operated in the financial services industry, in the real estate financing segment.
RMZ Infotech has 13 deals on record (5 secondary share transfers, 3 funding rounds, 2 debt financings), with disclosed funding of ₹2,152.4 Cr; the latest was in March 2022.