About Rayies Global Solutions Private Limited
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Rayies Global Solutions Private Limited was a private limited company based in Bengaluru, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 March 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC086966. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mohammed Aakib Shik and Shaik Anisa.
Its last annual general meeting (AGM) was held on 08 May 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.9 2nd Floor Bannerghatta Road Bilekahalli, Bengaluru, Karnataka, India – 560076.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.67 Lakh. For the same year it recorded a net loss of ₹6.15 Lakh (net margin -230.4%) and EBITDA of -₹5.32 Lakh (EBITDA margin -199.2%).
The last known website on record is rayies.com.
Company details
Contact details
Rayies Global Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is rayies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.9 2nd Floor Bannerghatta Road Bilekahalli, Bengaluru, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance Services
To see the full contact details of Rayies Global 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
Business activity
The main business activity of Rayies Global Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Rayies Global Solutions Private Limited, buy the company report.
Financials of Rayies Global Solutions Private Limited
FY 2017 filings availableRayies Global Solutions Private Limited reported revenue of ₹2.67 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.67 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.32 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹6.15 Lakh | |
| 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 | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -199.2% | |
| Net Profit Margin | -230.4% | |
| 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 | ||
To see the full financial statements and ratios of Rayies Global Solutions Private Limited, buy the company report.
Board of directors of Rayies Global Solutions Private Limited
Rayies Global Solutions has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Aakib Shik | Director | 15 Mar 2016 | 10 Years 7 Months | As last reported |
| Shaik Anisa | Director | 15 Mar 2016 | 10 Years 7 Months | As last reported |
| Harish Kumar Hunsur Ravikumar | Director | 20 Nov 2017 | 8 Years 11 Months | As last reported |
| Harish Subbareddy | Director | 20 Nov 2017 | 8 Years 11 Months | As last reported |
| Shaik Kareemullah | Director | 15 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Rayies Global Solutions Private Limited is audited by V A VENKATRAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V A VENKATRAM & CO | FY 2017 | 004658S |
Shareholding
The shareholding of Rayies Global Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rayies Global Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rayies Global 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 Rayies Global Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rayies Global 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 Rayies Global Solutions Private Limited, buy the company report.
Recent activity
Rayies Global Solutions Private Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Harish Kumar Hunsur Ravikumar was appointed as Director on 20 Nov 2017.
Frequently asked questions
Rayies Global Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Rayies Global Solutions was a private limited company based in Bengaluru, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 15 March 2016 and is registered under CIN U74900KA2016PTC086966. The company has been struck off by the Registrar of Companies and is no longer operational.
Rayies Global Solutions had 5 directors:
- Mohammed Aakib Shik - Director
- Shaik Anisa - Director
- Harish Kumar Hunsur Ravikumar - Director
- Harish Subbareddy - Director
- Shaik Kareemullah - Director
The CIN (Corporate Identification Number) of Rayies Global Solutions is U74900KA2016PTC086966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rayies Global Solutions is at No.9 2nd Floor Bannerghatta Road Bilekahalli, Bengaluru, Karnataka, India – 560076.
Rayies Global Solutions was incorporated on 15 March 2016. It is registered with the Registrar of Companies, Bangalore.
Rayies Global Solutions can be reached through the website rayies.com. Its registered office is in Bengaluru, Karnataka, India.
The latest financial statements of Rayies Global Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 08 May 2017. Year-wise statements from FY 2016 are in the company report.
No. Rayies Global Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Rayies Global Solutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
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