Romax Solutions Private Limited - Due diligence report

A 360° intelligence report on Romax Technology: trust score, financial health, credit view, compliance, directors, growth and distress signa…

2005-07-22 Pune, Maharashtra Amalgamated Unlisted Active Compliant
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RS Romax Solutions Private Limited
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Romax Technology — 360° Intelligence Report

Generated from MCA filings & public records
54/100
Trust Score
Moderate

Romax Technology is assessed as Moderate with a Trust Score of 54/100. Romax Technology is a private limited indian non-government company incorporated in 2005, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Romax Solutions Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
54/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
10/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 70/100 Moderate
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 10/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • Litigation present in 3 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ANIL WALIMBE 01234567 Director 01/04/2018 6 yrs Approved
SRIDHAR DHARMARAJAN 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Romax Technology Limited
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Romax Technology Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 40
Growth signals & trust indicators
Steady revenue growth: +38% over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 20+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (10/100).
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence32/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment54/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view62/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 12 events
29 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
15 Jul 2020
Director appointed
ANIL WALIMBE (Director)
Director appointed
SRIDHAR DHARMARAJAN (Director)
Director ceased
ANDREW POON
Director ceased
HARSHA JAYANTILAL SURU
Director ceased
XIAOBING HU
03 Oct 2017
Director ceased
YOUN SU PARK
Director ceased
DANIEL SIU YUN POON
Director ceased
SEI WOONG SEUN HWAN OH
01 Jul 2016
Director ceased
RICHARD IRONS
22 Jul 2005
Incorporated
Registered with Roc Pune
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Smart Erp Technologies India Private Limited U72200TG2007PTC056018 Hyderabad, Telangana, India
Anpi U73100TN2014FTC133277 Chennai, Tamil Nadu, India
Lakeba It Solutions Private Limited U72200TZ2009PTC015022 Coimbatore, Tamil Nadu, India
Alphacentrix Services Private Limited U72900DL2014FTC319494 New Delhi, Delhi, India
Introhive U72900TN2016PTC111642 Chennai, Tamil Nadu, India
Triazine Software U72300DL2015PTC279440 Delhi, Delhi, India
Techmirus Innovations Private Limited U32109TG2008PTC057838 Hyderabad, Telangana, India
Technomile Software Solutions Private Limited U72900MH2008PTC180491 Nagpur, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Romax Technology before audits and certifications: compliance score 10/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Romax Technology: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 65/100, margin trends, ownership structure and peer set for Romax Technology - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 54/100, distress signals and MSME payment-delay disclosures - know whether Romax Technology pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Romax Technology - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Romax Technology an active company?

Romax Technology has MCA status “Amalgamated” with a compliance score of 10/100 (Caution Indicated).

Is Romax Technology financially healthy?

Romax Technology has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.

Should I do business with Romax Technology?

Its overall Trust Score is 54/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Romax Technology?

The ultimate holding entity is Romax Technology Limited. 2 active director(s) are on record.

Does Romax Technology have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Romax Technology up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 10/100 (Caution Indicated).

Is it risky to lend to Romax Technology?

Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.