About Raekken Smart Gadgets Private Limited
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Raekken Smart Gadgets Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 17 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC087006. Its GSTIN is 29AAHCR6929B1Z6 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.83 Lakh. It is led by directors Kailesh Dhairyavan Kapadia and Vivek Malla Reddy.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.6 2nd Floor 3rd Cross Mkp Road Padmanabahanagar, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2019, the company reported a revenue of ₹17.62 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹15.32 Lakh (net margin -87%) and EBITDA of -₹7.89 Lakh (EBITDA margin -44.8%).
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website raekken.com.
Company details
Contact details
Raekken Smart Gadgets Private Limited's registered office is in Bangalore, Karnataka. Its website is raekken.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.6 2nd Floor 3rd Cross Mkp Road Padmanabahanagar, Bangalore, Karnataka, India – 560070
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Raekken Smart Gadgets 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
Business activity
The main business activity of Raekken Smart Gadgets is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Raekken Smart Gadgets Private Limited, buy the company report.
Financials of Raekken Smart Gadgets Private Limited
FY 2019 filings availableRaekken Smart Gadgets Private Limited reported revenue of ₹17.62 Lakh (down 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year. EBITDA rose 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹17.62 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7.89 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹15.32 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -44.8% | |||
| Net Profit Margin | -87% | |||
| 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 Raekken Smart Gadgets Private Limited, buy the company report.
Board of directors of Raekken Smart Gadgets Private Limited
Raekken Smart Gadgets has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailesh Dhairyavan Kapadia | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
| Vivek Malla Reddy Also directs: Onella Leisures LLP, Redray Business Consultants Private Limited | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Raekken Smart Gadgets Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sungo Power Solution Private Limited | ₹17.73 Lakh (FY 2025) | -22.0% | Gurgaon, Haryana, India | |||
| Raekken Smart Gadgets Private Limitedthis company | ₹17.62 Lakh (FY 2019) | -₹15.32 Lakh | -87% | -31.0% | Bangalore, Karnataka, India | |
| Utkal Lamp Works Pvt Ltd | ₹17.43 Lakh (FY 2018) | 9.0% | Mayurbhanj, Odisha, India | |||
| Pearline Electricals Private Limited | ₹17.41 Lakh (FY 2024) | -18.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Raekken Smart Gadgets Private Limited, buy the company report.
Auditor
Raekken Smart Gadgets Private Limited is audited by PARIMAL RAM & PATTABHI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIMAL RAM & PATTABHI | FY 2019 | 009153S |
Shareholding
The shareholding of Raekken Smart Gadgets Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Raekken Smart Gadgets Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Raekken Smart Gadgets Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raekken Smart Gadgets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raekken Smart Gadgets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR6929B1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raekken Smart Gadgets Private Limited, buy the company report.
Recent activity
Raekken Smart Gadgets Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Nithin Rao ceased to be Director on 05 Sep 2024.
Frequently asked questions
Raekken Smart Gadgets is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 17 March 2016 (10+ years old) and is registered under CIN U74900KA2016PTC087006.
Raekken Smart Gadgets has 2 current directors:
- Kailesh Dhairyavan Kapadia - Director
- Vivek Malla Reddy - Director
The latest financial statements of Raekken Smart Gadgets on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Raekken Smart Gadgets is 29AAHCR6929B1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Raekken Smart Gadgets is U74900KA2016PTC087006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raekken Smart Gadgets was incorporated on 17 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Raekken Smart Gadgets by revenue are Sungo Power Solution Private Limited, Utkal Lamp Works Pvt Ltd, Pearline Electricals Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nithin Rao ceased to be Director on 05 Sep 2024. Ranjani Rao ceased to be Director on 05 Sep 2024. Kailesh Dhairyavan Kapadia was appointed as Director on 17 Mar 2016. Raekken Smart Gadgets has 4 board changes on record in total.
Raekken Smart Gadgets can be reached through the website raekken.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Raekken Smart Gadgets is at No.6 2nd Floor 3rd Cross Mkp Road Padmanabahanagar, Bangalore, Karnataka, India – 560070.
Raekken Smart Gadgets operates in the consumer electronics and durables industry, in the electronics manufacturing segment.