Raksol IT Private Limited
About Raksol IT Private Limited
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Raksol IT Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 27 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC073251. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkatanarayana Polepalle and Polepalli Saradha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.204 Bm Homes Thubarahalli, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2021, the company reported a revenue of ₹23.31 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹46,298 (net margin 2%) and EBITDA of ₹1.01 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Raksol IT Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.204 Bm Homes Thubarahalli, Bangalore, Karnataka, India – 560066
- IndustryService, Information Technology Services
To see the full contact details of Raksol IT 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 Raksol IT is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Raksol IT Private Limited, buy the company report.
Financials of Raksol IT Private Limited
FY 2021 filings availableRaksol IT Private Limited reported revenue of ₹23.31 Lakh (up 26% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 290% 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
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| EBITDA | ₹1.01 Lakh | ||||
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| Net Profit (PAT) | ₹46,298 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Raksol IT Private Limited, buy the company report.
Board of directors of Raksol IT Private Limited
Raksol IT has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatanarayana Polepalle | Director | 27 Jan 2014 | 12 Years 8 Months | Current |
| Polepalli Saradha | Director | 27 Jan 2014 | 12 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Raksol IT 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 Raksol IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raksol IT has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Raksol IT Private Limited, buy the company report.
Recent activity
Raksol IT Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Polepalli Saradha was appointed as Director on 27 Jan 2014.
Frequently asked questions
Raksol IT is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 27 January 2014 (12+ years old) and is registered under CIN U72200KA2014PTC073251.
Raksol IT has 2 current directors:
- Venkatanarayana Polepalle - Director
- Polepalli Saradha - Director
The latest financial statements of Raksol IT on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Raksol IT has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Raksol IT is U72200KA2014PTC073251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raksol IT was incorporated on 27 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Polepalli Saradha was appointed as Director on 27 Jan 2014. Venkatanarayana Polepalle was appointed as Director on 27 Jan 2014.
The registered office of Raksol IT is at No.204 Bm Homes Thubarahalli, Bangalore, Karnataka, India – 560066.
Raksol IT operates in the service industry, in the information technology services segment.
The compliance status of Raksol IT is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.