About Romax Solutions Private Limited
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Romax Solutions Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Romax Technology 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 July 2005.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2005PTC021061. Its GSTIN is 27AADCR0649A1ZR (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹49.5 Lakh and a paid-up capital of ₹49.5 Lakh. It was led by directors Anil Walimbe and Sridhar Dharmarajan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Office No 101 – 105 Sai Radhe 100101 Kennady Road Sangamwadi, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2023, the company reported a revenue of ₹73,419, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹73,419 (net margin 100%) and EBITDA of ₹73,419 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 74% over five years.
The company had about 49 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Hexagon and Romax Tech. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The last known website on record is romaxtech.com.
Company details
Contact details
Romax Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is romaxtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 101 – 105 Sai Radhe 100101 Kennady Road Sangamwadi, Pune, Maharashtra, India – 411005
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Romax Solutions 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
Romax Solutions operates two associated brands: Hexagon and Romax Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hexagon is recognized for delivering advanced measurement and automation technologies. | hexagon.com | |
| Software and services for automotive driveline systems are provided globally. | romaxtech.com |
Business activity
The main business activity of Romax Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
Financials of Romax Solutions Private Limited
FY 2023 filings availableRomax Solutions Private Limited reported revenue of ₹73,419 (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. EBITDA fell 99% 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 |
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| EBITDA | ₹73,419 | ||||
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| Net Profit (PAT) | ₹73,419 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 100% | ||||
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To see the full financial statements and ratios of Romax Solutions Private Limited, buy the company report.
Board of directors of Romax Solutions Private Limited
Romax Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Walimbe | Director | 15 Jul 2020 | 6 Years 3 Months | As last reported |
| Sridhar Dharmarajan | Director | 15 Jul 2020 | 6 Years 3 Months | As last reported |
Auditor
Romax Solutions Private Limited is audited by G D APTE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D APTE & CO | FY 2021 | 100515W |
Shareholding
The shareholding of Romax Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Romax Solutions Private Limited, buy the company report.
Legal cases
Romax Solutions Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 3 Pune | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Disposed |
To see the full case history of Romax Solutions 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 Romax Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Romax Solutions Private Limited has a workforce of 49 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Romax Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR0649A1ZR | Maharashtra | Active | 01 Jul 2017 |
| 33AADCR0649A1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Romax Solutions Private Limited, buy the company report.
Recent activity
Romax Solutions Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Andrew Poon ceased to be Director on 15 Jul 2020.
Frequently asked questions
Romax Solutions 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.
Romax Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 22 July 2005 and is registered under CIN U72900PN2005PTC021061. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Romax Solutions was incorporated on 22 July 2005. It is registered with the Registrar of Companies, Pune.
Romax Solutions had 2 directors:
- Anil Walimbe - Director
- Sridhar Dharmarajan - Director
The CIN (Corporate Identification Number) of Romax Solutions is U72900PN2005PTC021061. 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 Romax Solutions is at Office No 101 – 105 Sai Radhe 100101 Kennady Road Sangamwadi, Pune, Maharashtra, India – 411005.
Romax Solutions can be reached through the website romaxtech.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Romax Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Romax Solutions is 27AADCR0649A1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCR0649A1ZY (Tamil Nadu).
Romax Solutions operated in the information technology industry, in the IT consulting and support services segment.
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