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Recordent Private Limited - financial services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹86.56 Lakh
▼ 24% YoY
Net loss · FY 2024
₹1.74 Cr
Net margin -201.3%
EBITDA · FY 2024
-₹1.71 Cr
EBITDA margin -197.8%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹40.61 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
28
Provident fund records
Directors on board
4
As per MCA filings
About Recordent Private Limited
Data last updated:
Recordent Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 04 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC124275. Its GSTIN is 36AAICR9328P1ZI (Telangana).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹40.61 Lakh. It is led by directors including Karuna Venigalla and Harish Inder Mamtani.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.56 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr (net margin -201.3%) and EBITDA of -₹1.71 Cr (EBITDA margin -197.8%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Recordent. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 8 deals on record (5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹8.22 Cr; the latest was in August 2022. Its 7 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 3 larger and 4 smaller; the largest is Manisha Nursing Home Private Limited with revenue of ₹86.62 Lakh.
Recordent Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0042274). For more details, the company can be reached via its website recordent.com.
Company details
CIN U74999TG2018PTC124275
Registration Number 124275
Incorporation Date 04 May 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0042274
Key People
Karuna Venigalla Director Harish Inder Mamtani Director Sai Winny Patro Rajapatruni Director Recognitions & Rankings of Recordent
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0042274
Contact details
Recordent Private Limited's registered office is in Hyderabad, Telangana. Its website is recordent.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 1 Sri Nilayam 3rd Floor, Vittal Rao Nagar Madhapur, Hyderabad, Telangana, India – 500081
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Recordent Private Limited, buy the company report.
Comprehensive company report
Recordent 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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Brands
Recordent operates one associated brand: Recordent. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Accounts receivables and credit management solutions are provided for businesses. | recordent.com |
Business activity
The main business activity of Recordent is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Recordent Private Limited, buy the company report.
Financials of Recordent Private Limited
FY 2024 filings availableRecordent Private Limited reported revenue of ₹86.56 Lakh (down 24% YoY) for FY 2024.
Revenue · FY 2024
₹86.56 Lakh ▼ 24%
Net loss · FY 2024
₹1.74 Cr margin -201.3%
EBITDA · FY 2024
-₹1.71 Cr margin -197.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 194%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 38%
5 years · compounded
▼ 100%
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 194%. EBITDA rose 11% 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
| 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 | |||||
| Total Revenue | ₹86.56 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.74 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -197.8% | ||||
| Net Profit Margin | -201.3% | ||||
| 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 Recordent Private Limited, buy the company report.
Board of directors of Recordent Private Limited
Recordent has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuna Venigalla Also directs: Pyramid Softsol Private Limited | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Harish Inder Mamtani | Director | 04 May 2018 | 8 Years 5 Months | Current |
| Sai Winny Patro Rajapatruni | Director | 15 Apr 2022 | 4 Years 6 Months | Current |
| Vamsi Sai Krishna Vepakomma Also directs: Naya Labs Private Limited | Director | 04 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Recordent Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manisha Nursing Home Private Limited | ₹86.62 Lakh (FY 2024) | 0.0% | Uttar Pradesh, India | |||
| Simran Outsourcing Services Private Limited | ₹86.61 Lakh (FY 2021) | -45.0% | Ahmedabad, Gujarat, India | |||
| Exigent Drill Bits India Private Limited | ₹86.57 Lakh (FY 2021) | -30.0% | Navi Mumbai, Maharashtra, India | |||
| Recordent Private Limitedthis company | ₹86.56 Lakh (FY 2024) | -₹1.74 Cr | -201.3% | -24.0% | 28 | Hyderabad, Telangana, India |
| Solid Performers Private Limited | ₹86.56 Lakh (FY 2024) | 48.0% | Bangalore, Karnataka, India | |||
| Cypal Solutions Private Limited | ₹86.52 Lakh (FY 2024) | 23.0% | Coimbatore, Tamil Nadu, India | |||
| Megaverse Technologies Private Limited | ₹86.51 Lakh (FY 2024) | -60.0% | Pune, Maharashtra, India | |||
| Encoding Enhancers Private Limited | ₹86.46 Lakh (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Recordent Private Limited, buy the company report.
Auditor
Recordent Private Limited is audited by RATHNAKAR & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATHNAKAR & CO | FY 2024 | 212105 |
Shareholding
The shareholding of Recordent Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Recordent Private Limited, buy the company report.
Deals & funding
Recordent Private Limited has 8 deals on record (5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹8.22 Cr; the latest was in August 2022.
Total deals
8
Convertible or debt financings
5
Secondary share transfers
3
Disclosed funding
₹8.22 Cr
Deals on record (3 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Recordent Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Recordent Private Limited has 2 court cases on record: 1 filed by Recordent, 1 filed against it. All cases are pending.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by G7 CR Technologies India Private Limited | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Recordent 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
No delayed payments to MSME suppliers are on our record for Recordent Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Recordent Private Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-26.32%
GST
Recordent has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICR9328P1ZI | Telangana | Active | 12 Jun 2020 |
To see the full GST registrations and return filing status of Recordent Private Limited, buy the company report.
Recent activity
Recordent Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Karuna Venigalla ceased to be Additional Director on 30 Sep 2022.
AGM
Recordent Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Recordent Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Karuna Venigalla ceased to be Additional Director.
Ceased
Sai Winny Patro Rajapatruni ceased to be Additional Director.
Appointed
Sai Winny Patro Rajapatruni was appointed as Director.
Appointed
Karuna Venigalla was appointed as Director.
Appointed
Harish Inder Mamtani was appointed as Director.
Appointed
Vamsi Sai Krishna Vepakomma was appointed as Director.
Incorporation
04 May 2018
Recordent Private Limited was registered on 04 May 2018 with Roc Hyderabad & aged 8 years 5 months as per MCA records.
News
Frequently asked questions
Recordent is an active private limited company based in Hyderabad, Telangana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 04 May 2018 (8+ years old) and is registered under CIN U74999TG2018PTC124275.
Recordent has 4 current directors:
- Karuna Venigalla - Director
- Harish Inder Mamtani - Director
- Sai Winny Patro Rajapatruni - Director
- Vamsi Sai Krishna Vepakomma - Director
The latest financial statements of Recordent on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Recordent is 36AAICR9328P1ZI, registered in Telangana.
The CIN (Corporate Identification Number) of Recordent is U74999TG2018PTC124275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recordent has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Recordent was incorporated on 04 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Recordent has 8 deals on record (5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹8.22 Cr; the latest was in August 2022.
The peers of Recordent by revenue are Manisha Nursing Home Private Limited, Simran Outsourcing Services Private Limited, Exigent Drill Bits India Private Limited, Solid Performers Private Limited, Cypal Solutions Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Karuna Venigalla ceased to be Additional Director on 30 Sep 2022. Sai Winny Patro Rajapatruni ceased to be Additional Director on 30 Sep 2022. Sai Winny Patro Rajapatruni was appointed as Director on 15 Apr 2022. Recordent has 6 board changes on record in total.
Yes, Recordent is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).