MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0003253
Raison Technologies India Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.21 Cr
▲ 132948% YoY
Net profit · FY 2025
₹1.01 Cr
Net margin 83.2%
EBITDA · FY 2025
₹1.11 Cr
EBITDA margin 91.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹10.01 Lakh
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Raison Technologies India Private Limited
Data last updated:
Raison Technologies India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32109GJ1996PTC078875. Its GSTIN is 24AAACU8163F1ZE (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10.01 Lakh. It was formerly known as Univa Technology (India) Private Limited and Vaishno Devi Agro Foods Private Limited. It is led by directors Minesh P Patel and Mohnish Hasmukh Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A/67 Mahalaxmi Estate Opp. Bhagyoday Hotel Sarkhej – Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 83.2%) and EBITDA of ₹1.11 Cr (EBITDA margin 91.3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 45% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
Raison Technologies India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0003253). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raisontech.com.
Company details
CIN U32109GJ1996PTC078875
Registration Number 078875
Incorporation Date 18 June 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0003253
Name history
Raison Technologies India has undergone 4 name changes throughout its history. The current legal name is Raison Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Raison Technologies India Private Limited | Current |
| Univa Technology (India) Private Limited | Previous |
| Vaishno Devi Agro Foods Private Limited | Previous |
| Rebond Specialities Private Limited | Previous |
| Univa Technology (India) Limited | Previous |
CIN history
Raison Technologies India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U32109GJ1996PTC078875, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109GJ1996PTC078875 | Current |
| U32109KA1996PTC020652 | Previous |
| U32109KA1996PLC020652 | Previous |
Recognitions & Rankings of Raison Technologies India
Contact details
Raison Technologies India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is raisontech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/67 Mahalaxmi Estate Opp. Bhagyoday Hotel Sarkhej – Sanand Road Sarkhej, Ahmedabad, Gujarat, India – 382210
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Raison Technologies India Private Limited, buy the company report.
Comprehensive company report
Raison Technologies India Private Limited - one report that includes everything
- 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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Financials of Raison Technologies India Private Limited
FY 2025 filings availableRaison Technologies India Private Limited reported revenue of ₹1.21 Cr (up 132948% YoY) for FY 2025.
Revenue · FY 2025
₹1.21 Cr ▲ 132948%
Net profit · FY 2025
₹1.01 Cr margin 83.2%
EBITDA · FY 2025
₹1.11 Cr margin 91.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 47%
5 years · compounded
▼ 45%
EBITDA CAGR growth
3 years · compounded
▲ 59%
5 years · compounded
▲ 23%
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years. 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 | ₹1.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.3% | ||||
| Net Profit Margin | 83.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Raison Technologies India Private Limited, buy the company report.
Board of directors of Raison Technologies India Private Limited
Raison Technologies India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minesh P Patel | Director | 18 Feb 2020 | 6 Years 8 Months | Current |
| Mohnish Hasmukh Shah Also directs: Thryve Global Solutions LLP | Director | 10 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Raison Technologies India Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Klocrix Business Solutions Private Limited | ₹1.22 Cr (FY 2022) | -4.0% | Mohali, Punjab, India | |||
| Das Infomedia Private Limited | ₹1.22 Cr (FY 2025) | 63.0% | Ahmedabad, Gujarat, India | |||
| Reboot Software Private Limited | ₹1.22 Cr (FY 2023) | 154.0% | Patna, Bihar, India | |||
| Raison Technologies India Private Limitedthis company | ₹1.21 Cr (FY 2025) | ₹1.01 Cr | 83.2% | 132948.0% | Ahmedabad, Gujarat, India | |
| Vitalsoft Artifacts Private Limited | ₹1.21 Cr (FY 2020) | 63.0% | Hyderabad, Telangana, India | |||
| Kinkajo (OPC) Private Limited | ₹1.21 Cr (FY 2025) | 16.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Raison Technologies India Private Limited, buy the company report.
Auditor
Raison Technologies India Private Limited is audited by BAGADIYA & JAIN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAGADIYA & JAIN | FY 2022 | 128719W |
Shareholding
The shareholding of Raison Technologies India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raison Technologies India Private Limited, buy the company report.
Legal cases
Raison Technologies India Private Limited has 3 court cases on record: 3 filed by Raison Technologies India. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Ms Luciffer Lights Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms. Luciffer Lights Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms. Lucciffer Lights Ltd. | Disposed |
To see the full case history of Raison Technologies India 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
Raison Technologies India Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 9 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bagadiya & Jain | |||
| Skava Electric Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Raison Technologies India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Raison Technologies India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACU8163F1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raison Technologies India Private Limited, buy the company report.
Recent activity
Raison Technologies India Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Jignesh Kantilal Shah ceased to be Director on 18 Feb 2020.
AGM
Raison Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Raison Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Jignesh Kantilal Shah ceased to be Director.
Appointed
Minesh P Patel was appointed as Director.
Ceased
Mohnish Hasmukh Shah ceased to be Additional Director.
Appointed
Mohnish Hasmukh Shah was appointed as Director.
Ceased
Dinesh Ranmal Mehta ceased to be Additional Director.
Ceased
Kamlakar Laxmanrow Joshi ceased to be Additional Director.
Ceased
Prakash Ranmal Mehta ceased to be Additional Director.
Ceased
Kishore Kumar Ranmal Jain ceased to be Director.
Ceased
Darshak Dinesh Mehta ceased to be Additional Director.
Ceased
Parth Jain Ramesh ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Raison Technologies India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 June 1996 (30+ years old) and is registered under CIN U32109GJ1996PTC078875.
Raison Technologies India has 2 current directors:
- Minesh P Patel - Director
- Mohnish Hasmukh Shah - Director
The latest financial statements of Raison Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Raison Technologies India is 24AAACU8163F1ZE, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Raison Technologies India is U32109GJ1996PTC078875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raison Technologies India has 3 court cases on record: 3 filed by the company.
Raison Technologies India was incorporated on 18 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Raison Technologies India by revenue are Klocrix Business Solutions Private Limited, Das Infomedia Private Limited, Reboot Software Private Limited, Vitalsoft Artifacts Private Limited, Kinkajo (OPC) Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Jignesh Kantilal Shah ceased to be Director on 18 Feb 2020. Minesh P Patel was appointed as Director on 18 Feb 2020. Mohnish Hasmukh Shah ceased to be Additional Director on 30 Sep 2013. Raison Technologies India has 12 board changes on record in total.
Yes, Raison Technologies India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0003253).
Raison Technologies India has 2 MSME Form 1 returns on record between 2018 and 2019, listing 9 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Raison Technologies India can be reached through the website raisontech.com. Its registered office is in Ahmedabad, Gujarat, India.