About Rancoit Solutions Private Limited
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Rancoit Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC129011. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ireddy Venkata Laxmi Gowtami and Tirluka Keerthi Venkata.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 6th Floor Awfis N'Heights Plot #38 Phase II Hitech City, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.47 Lakh. For the same year it recorded a net profit of ₹12,999 (net margin 0.7%) and EBITDA of ₹17,566 (EBITDA margin 1%).
The company is associated with 1 brand: Ranco Labs.
For more details, the company can be reached via its website rancoit.com.
Company details
Contact details
Rancoit Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is rancoit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor Awfis N'Heights Plot #38 Phase II Hitech City, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Rancoit Solutions 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
Brands
Rancoit Solutions operates one associated brand: Ranco Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ranco Labs offers mobile application development and IT consulting services for various industries. | rancoit.com |
Business activity
The main business activity of Rancoit Solutions 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 Rancoit Solutions Private Limited, buy the company report.
Financials of Rancoit Solutions Private Limited
FY 2020 filings availableRancoit Solutions Private Limited reported revenue of ₹18.47 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹18.47 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹17,566 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹12,999 | |
| 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 | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1% | |
| Net Profit Margin | 0.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Rancoit Solutions Private Limited, buy the company report.
Board of directors of Rancoit Solutions Private Limited
Rancoit Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ireddy Venkata Laxmi Gowtami | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
| Tirluka Keerthi Venkata | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Rancoit Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neuraledge Technologies Private Limited | ₹18.48 Lakh (FY 2025) | 29.0% | Delhi, India | |||
| Cambliss Private Limited | ₹18.48 Lakh (FY 2024) | 63.0% | Hyderabad, Telangana, India | |||
| VT Online Private Limited | ₹18.48 Lakh (FY 2022) | -34.0% | Village Kharoura, Punjab, India | |||
| Maxpro Networking Private Limited | ₹18.48 Lakh (FY 2022) | 54.0% | Chandigarh, India | |||
| Ashoorosh IT Services Private Limited | ₹18.47 Lakh (FY 2019) | -68.0% | Jodhpur, Rajasthan, India | |||
| Rancoit Solutions Private Limitedthis company | ₹18.47 Lakh (FY 2020) | ₹12,999 | 0.7% | Hyderabad, Telangana, India | ||
| Archatron Technologies Private Limited | ₹18.47 Lakh (FY 2024) | 2.0% | Ghaziabad, Uttar Pradesh, India | |||
| Uplabdhi Multisolutions Private Limited | ₹18.47 Lakh (FY 2022) | 115.0% | Lucknow, Uttar Pradesh, India | |||
| Blank Canvas Designs Private Limited | ₹18.46 Lakh (FY 2025) | -13.0% | Pune, Maharashtra, India | |||
| Ropsten Innovations Lab Private Limited | ₹18.46 Lakh (FY 2021) | 50.0% | Hyderabad, Telangana, India | |||
| Regency World Consulting Limited | ₹18.46 Lakh (FY 2024) | -9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Rancoit Solutions Private Limited, buy the company report.
Auditor
Rancoit Solutions Private Limited is audited by PALOD AND LOYA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PALOD AND LOYA | FY 2020 | 017485S |
Shareholding
The shareholding of Rancoit Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rancoit Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rancoit Solutions 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 Rancoit Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rancoit Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rancoit Solutions Private Limited, buy the company report.
Recent activity
Rancoit Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ireddy Venkata Laxmi Gowtami was appointed as Director on 13 Dec 2018.
Frequently asked questions
Rancoit Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 December 2018 (8+ years old) and is registered under CIN U72900TG2018PTC129011.
Rancoit Solutions has 2 current directors:
- Ireddy Venkata Laxmi Gowtami - Director
- Tirluka Keerthi Venkata - Director
The latest financial statements of Rancoit Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Rancoit Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rancoit Solutions is U72900TG2018PTC129011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rancoit Solutions was incorporated on 13 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Rancoit Solutions by revenue are Neuraledge Technologies Private Limited, Cambliss Private Limited, VT Online Private Limited, Maxpro Networking Private Limited, Ashoorosh IT Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Ireddy Venkata Laxmi Gowtami was appointed as Director on 13 Dec 2018. Tirluka Keerthi Venkata was appointed as Director on 13 Dec 2018.
Rancoit Solutions can be reached through the website rancoit.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Rancoit Solutions is at 6th Floor Awfis NHeights Plot #38 Phase II Hitech City, Hyderabad, Telangana, India – 500081.
Rancoit Solutions operates in the information technology industry, in the application development and software solutions segment.