About Rahi Systems Private Limited
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Rahi Systems Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Rahi Systems Europe B.V.. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 01 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2011PTC140324. Its GSTIN is 27AAFCR3974C1ZB (Maharashtra). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.67 Lakh. It is led by directors including Brian Michael Begg and Domenic Anthony Macioce Iii.
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 Bhalerao Towers Plot No.36 Cts No. 1669 – 1670 Behind Hotel Pride Shivaji Nagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹306.5 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹13.52 Cr (net margin 4.4%) and EBITDA of ₹18.33 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 27% over five years.
The company has about 339 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rahi. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.51 Cr; the latest was in March 2019. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 37 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rahisystems.com.
Company details
Contact details
Rahi Systems Private Limited's registered office is in Pune, Maharashtra. Its website is rahisystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBhalerao Towers Plot No.36 Cts No. 1669 – 1670 Behind Hotel Pride Shivaji Nagar, Pune, Maharashtra, India – 411005
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services
To see the full contact details of Rahi Systems 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 Rahi Systems 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. |
To see the full business activity and turnover split of Rahi Systems Private Limited, buy the company report.
Financials of Rahi Systems Private Limited
FY 2024 filings availableRahi Systems Private Limited reported revenue of ₹306.5 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA fell 55% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18.33 Cr | ||||
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| Net Profit (PAT) | ₹13.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 6% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Rahi Systems Private Limited, buy the company report.
Board of directors of Rahi Systems Private Limited
Rahi Systems has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brian Michael Begg Also directs: Anixter India Private Limited | Director | 08 Aug 2023 | 3 Years 2 Months | Current |
| Domenic Anthony Macioce Iii Also directs: Anixter India Private Limited | Director | 08 Aug 2023 | 3 Years 2 Months | Current |
| Rengarajan Lakshminarasimhan | Additional Director | 11 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Rahi Systems Private Limited is audited by Agrawal Naredi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agrawal Naredi & Co | FY 2023 | 122480W |
Shareholding
The shareholding of Rahi Systems 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 Rahi Systems Private Limited, buy the company report.
Deals & funding
Rahi Systems Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.51 Cr; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Rahi Systems Europe BV Seller: Rahi Holdings BV |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Rahi Holdings BV Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Rahi Holdings BV Seller: an individual |
| Aug 2014 | Funding round | ₹1.51 Cr | Investors: Index Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rahi Systems Private Limited has 5 court cases on record: 4 filed by Rahi Systems, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Compuage Infocom Ltd Through Santosh Khule | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Fluxonix Corporation Pvt. Ltd., and Etc. and 1 other | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Maple Computer and Communication Pvt.Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Rahi Systems 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
Rahi Systems Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 37 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Enreap India Private Limited | |||
| Netlab Solutions (India) Private Limited | |||
| an individual supplier | |||
| Leading Network Systems Private Limited |
To see the full MSME payment records of Rahi Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rahi Systems Private Limited has a workforce of 339 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Rahi Systems has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR3974C1ZB | Maharashtra | Active | 01 Jul 2017 |
| 29AAFCR3974C1Z7 | Karnataka | Active | 01 Jul 2017 |
| 36AAFCR3974C1ZC | Telangana | Active | 28 Apr 2018 |
| 06AAFCR3974C1ZF | Haryana | Active | 25 Jul 2022 |
To see the full GST registrations and return filing status of Rahi Systems Private Limited, buy the company report.
Recent activity
Rahi Systems Private Limited has 8 board changes on record since 2023: 3 appointments and 5 cessations. The latest: Rengarajan Lakshminarasimhan was appointed as Additional Director on 11 Sep 2024.
News
Frequently asked questions
Rahi Systems is an active private limited company based in Pune, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 01 August 2011 (15+ years old) and is registered under CIN U72200PN2011PTC140324.
Rahi Systems has 3 current directors:
- Brian Michael Begg - Director
- Domenic Anthony Macioce Iii - Director
- Rengarajan Lakshminarasimhan - Additional Director
The latest financial statements of Rahi Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rahi Systems is 27AAFCR3974C1ZB, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAFCR3974C1Z7 (Karnataka), 36AAFCR3974C1ZC (Telangana), 06AAFCR3974C1ZF (Haryana).
The CIN (Corporate Identification Number) of Rahi Systems is U72200PN2011PTC140324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rahi Systems has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Rahi Systems was incorporated on 01 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Rahi Systems has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.51 Cr; the latest was in March 2019.
Rengarajan Lakshminarasimhan was appointed as Additional Director on 11 Sep 2024. Rohit Singal ceased to be Additional Director on 05 Sep 2024. Ritu Sushil Goyal ceased to be Director on 30 Nov 2023. Rahi Systems has 8 board changes on record in total.
Rahi Systems has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 37 overdue payments to 10 micro and small suppliers. The latest return was filed on 17 Nov 2019.
Rahi Systems can be reached through the website rahisystems.com. Its registered office is in Pune, Maharashtra, India.