About Rakiya Information Technology Solution Private Limited
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Rakiya Information Technology Solution Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 07 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2015PTC083163. Its GSTIN is 29AAHCR4893G1ZT (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43.5 Lakh. It was formerly known as Rakiya Information Technology Solution (Opc) Private Limited. It is led by directors Sasirekha Soundara Rajan and Kamalakannan Dhandapani (Nominee).
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 Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.71 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹63.63 Lakh (net margin 6.6%) and EBITDA of ₹92.61 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 96% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rakiya. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021. Its 10 peer companies in the Engineering industry (Engineering Design, Software Services) are compared by revenue, 5 larger and 5 smaller; the largest is Shloka Engineering Private Limited with revenue of ₹9.75 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rakiyaworld.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.90 Signmund Tower 3rd Floor Anand Nagar Chinnappana Halli Outer Ring Road Mara, Thahalli, Bengaluru, Karnataka, India – 560037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Rakiya Information Technology Solution Private Limited
The main business activity of Rakiya Information Technology Solution is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Rakiya Information Technology Solution Private Limited FY 2024 filings available
Rakiya Information Technology Solution Private Limited reported revenue of ₹9.71 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rakiya Information Technology Solution Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 96% over five years, including 39% growth in the latest year. EBITDA rose 1% 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 Rakiya Information Technology Solution 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 | ₹92.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹63.63 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 Rakiya Information Technology Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Rakiya Information Technology Solution are in the company report.
Financial statements from FY 2016
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 Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design, Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shloka Engineering Private Limited | ₹9.75 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Centena International Services Private Limited | ₹9.73 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Chennai, Tamil Nadu, India |
| Encapsulated Newgen Solutions Private Limited | ₹9.73 Cr (FY 2022) | •••• | •••• | 73.0% | •••• | Kakkanad, Kerala, India |
| Merritt Innovative Solutions India Private Limited | ₹9.73 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Pothigai Power Solutions Private Limited | ₹9.72 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Rakiya Information Technology Solution Private Limited this company | ₹9.71 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bengaluru, Karnataka, India |
| Virtual Tech Gurus India Private Limited | ₹9.71 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Salem, Tamil Nadu, India |
| Ini Infrastructure & Engineering Private Limited | ₹9.71 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Ahmedabad, Gujarat, India |
| Ase Structure Design Private Limited | ₹9.7 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| E-Ring IT Solutions Private Limited | ₹9.69 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Hyderabad, Telangana, India |
| Steel Se Engineering Private Limited | ₹9.67 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Rakiya Information Technology Solution by revenue in the Engineering industry (Engineering Design, Software Services), 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 Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution Private Limited is audited by Abhiram Bhat H.R for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Abhiram Bhat H.R | 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 Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sasirekha Soundara Rajan | Director | 07 Oct 2015 | 11 Years 0 Months | Current |
| Kamalakannan Dhandapani | Nominee | 07 Oct 2015 | 11 Years 0 Months | Current |
Ownership and Shareholding of Rakiya Information Technology Solution 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 Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹42.5 Lakh | Investors: 4 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution operates one associated brand: RAKIYA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers semiconductor design, verification, and embedded software services to clients. | rakiyaworld.com |
Employees and EPFO Compliance at Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution Private Limited has a workforce of 51 employees as of Mar 30, 2024.
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.
CIN History of Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution has one previous CIN (Corporate Identification Number): U74140KA2015OPC083163. The current CIN is U74140KA2015PTC083163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140KA2015PTC083163 | Current |
| U74140KA2015OPC083163 | Previous |
Recent Activity on Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Kamalakannan Dhandapani was appointed as Nominee on 07 Oct 2015.
Credit Ratings, Litigation & Regulatory Alerts for Rakiya Information Technology Solution 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 Rakiya Information Technology Solution 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 Rakiya Information Technology Solution 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 Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR4893G1ZT | Karnataka | Active | 01 Jul 2017 |
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 Rakiya Information Technology Solution 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 Rakiya Information Technology Solution Private Limited
Rakiya Information Technology Solution is an active private limited company based in Bengaluru, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 07 October 2015 (11+ years old) and is registered under CIN U74140KA2015PTC083163.
Rakiya Information Technology Solution reported revenue of ₹9.71 Cr for FY 2024 (up 39% YoY).
Rakiya Information Technology Solution has 2 current directors:
- Sasirekha Soundara Rajan - Director
- Kamalakannan Dhandapani - Nominee
Rakiya Information Technology Solution reported a net profit of ₹63.63 Lakh (net margin 6.6%) and EBITDA of ₹92.61 Lakh (EBITDA margin 9.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rakiya Information Technology Solution is 54% over three years and 96% over five years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rakiya Information Technology Solution is 29AAHCR4893G1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Rakiya Information Technology Solution is U74140KA2015PTC083163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rakiya Information Technology Solution was incorporated on 07 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Rakiya Information Technology Solution has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.
The peers of Rakiya Information Technology Solution by revenue are Shloka Engineering Private Limited, Centena International Services Private Limited, Encapsulated Newgen Solutions Private Limited, Merritt Innovative Solutions India Private Limited, Pothigai Power Solutions Private Limited and 5 more, all in the Engineering industry (Engineering Design, Software Services).
Kamalakannan Dhandapani was appointed as Nominee on 07 Oct 2015. Sasirekha Soundara Rajan was appointed as Director on 07 Oct 2015.