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Retter Technology Consulting Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹25.45 Lakh
▼ 55% YoY
Net loss · FY 2021
₹67.61 Lakh
Net margin -265.6%
EBITDA · FY 2021
-₹66.87 Lakh
EBITDA margin -262.7%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹1.09 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Retter Technology Consulting Private Limited
Data last updated:
Retter Technology Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC110007. Its GSTIN is 29AAICR7496L1ZC (Karnataka).
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹1.09 Lakh. It is led by directors Nambiathav Kedaram Navaneeth and Ravitej Lakshman Yadalam.
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 Yadalam Heritage 3rd Floor 54 Vani Vilas Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2021, the company reported a revenue of ₹25.45 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹67.61 Lakh (net margin -265.6%) and EBITDA of -₹66.87 Lakh (EBITDA margin -262.7%).
The company is associated with 2 brands: Lightwing and Retter Technology Consulting. The company has 1 deal on record (1 acquisition); the latest was in September 2021. Its 3 peer companies in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities) are compared by revenue, 2 larger and 1 smaller; the largest is Landmark Capital Advisors Private Limited with revenue of ₹25.46 Lakh.
For more details, the company can be reached via its website lightwing.io.
Company details
CIN U72900KA2018PTC110007
Registration Number 110007
Incorporation Date 07 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Retter Technology Consulting
Contact details
Retter Technology Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is lightwing.io. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressYadalam Heritage 3rd Floor 54 Vani Vilas Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Retter Technology Consulting Private Limited, buy the company report.
Comprehensive company report
Retter Technology Consulting 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
Retter Technology Consulting operates two associated brands: Lightwing and Retter Technology Consulting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-spend management solution | lightwing.io | |
| Software development, IT consulting, and staffing services are provided. | rettertech.com |
Business activity
The main business activity of Retter Technology Consulting is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Retter Technology Consulting Private Limited, buy the company report.
Financials of Retter Technology Consulting Private Limited
FY 2021 filings availableRetter Technology Consulting Private Limited reported revenue of ₹25.45 Lakh (down 55% YoY) for FY 2021.
Revenue · FY 2021
₹25.45 Lakh ▼ 55%
Net loss · FY 2021
₹67.61 Lakh margin -265.6%
EBITDA · FY 2021
-₹66.87 Lakh margin -262.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 55%
EBITDA CAGR growth
1 year
▼ 270%
Revenue fell 55% in the latest year. EBITDA fell 270% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
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| Total Expenses | ||||
| EBITDA | -₹66.87 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹67.61 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -262.7% | |||
| Net Profit Margin | -265.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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To see the full financial statements and ratios of Retter Technology Consulting Private Limited, buy the company report.
Board of directors of Retter Technology Consulting Private Limited
Retter Technology Consulting has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nambiathav Kedaram Navaneeth | Director | 21 Jan 2020 | 6 Years 9 Months | Current |
| Ravitej Lakshman Yadalam | Director | 03 Jul 2018 | 8 Years 4 Months | Current |
Peer comparison
Retter Technology Consulting Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Landmark Capital Advisors Private Limited | ₹25.46 Lakh (FY 2025) | -77.0% | Mumbai, Maharashtra, India | |||
| Syproatek Certifications Private Limited | ₹25.45 Lakh (FY 2022) | -16.0% | Bangalore, Karnataka, India | |||
| Retter Technology Consulting Private Limitedthis company | ₹25.45 Lakh (FY 2021) | -₹67.61 Lakh | -265.6% | -55.0% | Bangalore, Karnataka, India | |
| Raman Enterprises Private Limited | ₹25.45 Lakh (FY 2025) | 95.0% | New Delhi, Delhi, India |
To see the full peer comparison of Retter Technology Consulting Private Limited, buy the company report.
Auditor
Retter Technology Consulting Private Limited is audited by SREENATHA AND ANOOP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SREENATHA AND ANOOP | FY 2019 | 015875S |
Shareholding
The shareholding of Retter Technology Consulting Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Retter Technology Consulting Private Limited, buy the company report.
Deals & funding
Retter Technology Consulting Private Limited has 1 deal on record (1 acquisition); the latest was in September 2021.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Acquisition | Undisclosed | Buyer: Harness Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Retter Technology Consulting 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 Retter Technology Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Retter Technology Consulting has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR7496L1ZC | Karnataka | Active | 07 Feb 2018 |
To see the full GST registrations and return filing status of Retter Technology Consulting Private Limited, buy the company report.
Recent activity
Retter Technology Consulting Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Nambiathav Kedaram Navaneeth ceased to be Additional Director on 10 Oct 2020.
AGM
Retter Technology Consulting Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Retter Technology Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Nambiathav Kedaram Navaneeth ceased to be Additional Director.
Ceased
Anju Edasseri ceased to be Director.
Appointed
Nambiathav Kedaram Navaneeth was appointed as Director.
Ceased
Ravitej Lakshman Yadalam ceased to be Additional Director.
Ceased
Vivek Basavareddy Yavagal ceased to be Director.
Appointed
Ravitej Lakshman Yadalam was appointed as Director.
Incorporation
07 Feb 2018
Retter Technology Consulting Private Limited was registered on 07 Feb 2018 with Roc Bangalore & aged 8 years 9 months as per MCA records.
Frequently asked questions
Retter Technology Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 February 2018 (8+ years old) and is registered under CIN U72900KA2018PTC110007.
Retter Technology Consulting has 2 current directors:
- Nambiathav Kedaram Navaneeth - Director
- Ravitej Lakshman Yadalam - Director
The latest financial statements of Retter Technology Consulting 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 FY 2018 are in the company report.
The GSTIN of Retter Technology Consulting is 29AAICR7496L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Retter Technology Consulting is U72900KA2018PTC110007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Retter Technology Consulting was incorporated on 07 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Retter Technology Consulting has 1 deal on record (1 acquisition); the latest was in September 2021.
The peers of Retter Technology Consulting by revenue are Landmark Capital Advisors Private Limited, Syproatek Certifications Private Limited, Raman Enterprises Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).
Nambiathav Kedaram Navaneeth ceased to be Additional Director on 10 Oct 2020. Anju Edasseri ceased to be Director on 29 Jan 2020. Nambiathav Kedaram Navaneeth was appointed as Director on 21 Jan 2020. Retter Technology Consulting has 6 board changes on record in total.
Yes, Retter Technology Consulting is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Retter Technology Consulting can be reached through the website lightwing.io. Its registered office is in Bangalore, Karnataka, India.
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