Raasya Tech Solutions Private Limited
About Raasya Tech Solutions Private Limited
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Raasya Tech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114669. Its GSTIN is 29AAJCR0437Q1ZQ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nalamalapu Venkatasubba Reddy and Nalamalapu Yashwanth Reddy.
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 No.401 Swathigardenia 16/3A Ha Form Post Kempapura Dasarahalli Road, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.01 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹25.01 Lakh (net margin -46.3%) and EBITDA of -₹25.01 Lakh (EBITDA margin -46.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
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- Registered AddressNo.401 Swathigardenia 16/3A Ha Form Post Kempapura Dasarahalli Road, Bangalore, Karnataka, India – 560024
- IndustryInformation Technology, IT Consulting & Support Services
- 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
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Business Activity of Raasya Tech Solutions Private Limited
The main business activity of Raasya Tech Solutions 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.
Financials of Raasya Tech Solutions Private Limited FY 2024 filings available
Raasya Tech Solutions Private Limited reported revenue of ₹54.01 Lakh (down 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Raasya Tech Solutions Private Limited
Revenue fell 31% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 44% 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 Raasya Tech Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹25.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.01 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Raasya Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -46.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Raasya Tech Solutions are in the company report.
Financial statements from FY 2019
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.
Peer Comparison of Raasya Tech Solutions Private Limited
Raasya Tech Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Renewal Ecopower India Private Limited | ₹54.04 Lakh (FY 2019) | •••• | •••• | 129.0% | •••• | Delhi, India |
| Skillman Infocorp Private Limited | ₹54.03 Lakh (FY 2025) | •••• | •••• | 116.0% | •••• | Delhi, India |
| Hashint Technologies Private Limited | ₹54.03 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Kasaragod, Kerala, India |
| Bitgreen Technolabz (OPC) Private Limited | ₹54.02 Lakh (FY 2024) | •••• | •••• | 2644.0% | •••• | Gandhinagar, Gujarat, India |
| Seeahead Consulting Private Limited | ₹54.02 Lakh (FY 2025) | •••• | •••• | 328.0% | •••• | Jaipur, Rajasthan, India |
| Raasya Tech Solutions Private Limited this company | ₹54.01 Lakh (FY 2024) | •••• | •••• | -31.0% | •••• | Bangalore, Karnataka, India |
| Genval Consulting Group Private Limited | ₹54.01 Lakh (FY 2023) | •••• | •••• | 85.0% | •••• | Puducherry, India |
| Airklenz Enviro Systems (India) Private Limited | ₹54 Lakh (FY 2024) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| Sandalphon Global Private Limited | ₹54 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Vtelebyte Systems Private Limited | ₹54 Lakh (FY 2021) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Aiva Tech Solutions Private Limited | ₹54 Lakh (FY 2025) | •••• | •••• | 245.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Raasya Tech Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Raasya Tech Solutions Private Limited
Raasya Tech Solutions Private Limited is audited by SREENIVASAN A & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SREENIVASAN A & ASSOCIATES | 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 Raasya Tech Solutions Private Limited
Raasya Tech Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nalamalapu Venkatasubba Reddy Also directs: Finonyx Software Solutions Private Limited | Director | 11 Jul 2018 | 8 Years 2 Months | Current |
| Nalamalapu Yashwanth Reddy Also directs: Finonyx Software Solutions Private Limited | Director | 11 Jul 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Raasya Tech Solutions 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 Raasya Tech Solutions Private Limited
Raasya Tech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Raasya Tech Solutions Private Limited
Employment history and EPFO contributions of people linked to Raasya Tech Solutions.
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.
Recent Activity on Raasya Tech Solutions Private Limited
Raasya Tech Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Nalamalapu Venkatasubba Reddy was appointed as Director on 11 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Raasya Tech Solutions 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 Raasya Tech Solutions 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 Raasya Tech Solutions 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.
GST Compliance of Raasya Tech Solutions Private Limited
Raasya Tech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCR0437Q1ZQ | Karnataka | Active | 16 Apr 2019 |
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.
MCA Filings & Documents of Raasya Tech Solutions 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.
Frequently Asked Questions about Raasya Tech Solutions Private Limited
Raasya Tech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 July 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114669.
Raasya Tech Solutions reported revenue of ₹54.01 Lakh for FY 2024 (down 31% YoY).
Raasya Tech Solutions has 2 current directors:
- Nalamalapu Venkatasubba Reddy - Director
- Nalamalapu Yashwanth Reddy - Director
Raasya Tech Solutions reported a net loss of ₹25.01 Lakh (net margin -46.3%) and EBITDA of -₹25.01 Lakh (EBITDA margin -46.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Raasya Tech Solutions is 15% over three years. In the latest year (FY 2024) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Raasya Tech Solutions is 29AAJCR0437Q1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Raasya Tech Solutions is U74999KA2018PTC114669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raasya Tech Solutions was incorporated on 11 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Raasya Tech Solutions by revenue are Renewal Ecopower India Private Limited, Skillman Infocorp Private Limited, Hashint Technologies Private Limited, Bitgreen Technolabz (OPC) Private Limited, Seeahead Consulting Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Nalamalapu Venkatasubba Reddy was appointed as Director on 11 Jul 2018. Nalamalapu Yashwanth Reddy was appointed as Director on 11 Jul 2018.
The registered office of Raasya Tech Solutions is at No.401 Swathigardenia 163A Ha Form Post Kempapura Dasarahalli Road, Bangalore, Karnataka, India – 560024.