Rhythm IT Solution Private Limited
About Rhythm IT Solution Private Limited
Data last updated:
Rhythm IT Solution Private Limited was a private limited company based in New Delhi, Delhi, 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 IT services segment of the services sector. It was incorporated on 12 June 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2013PTC253894. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14.23 Lakh. It was led by directors including Shaji Valiyaveetil and Sourav Sharma.
Its last annual general meeting (AGM) was held on 23 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 207 Triveni Plaza 17 – A/56 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2016, the company reported a revenue of ₹18.87 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹62,138 (net margin -3.3%) and EBITDA of -₹17,388 (EBITDA margin -0.9%).
Company details
Contact details
Rhythm IT Solution Private Limited's registered office is in New Delhi, Delhi.
- Registered Address207 Triveni Plaza 17 – A/56 Wea Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryService, Information Technology Services
- 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 activities of Rhythm IT Solution are trade and information and communication. In detail, this covers retail trading and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Rhythm IT Solution Private Limited, buy the company report.
Financials of Rhythm IT Solution Private Limited
FY 2016 filings availableRhythm IT Solution Private Limited reported revenue of ₹18.87 Lakh (down 22% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year. EBITDA rose 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹17,388 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹62,138 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.9% | |
| Net Profit Margin | -3.3% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Rhythm IT Solution Private Limited, buy the company report.
Board of directors of Rhythm IT Solution Private Limited
Rhythm IT Solution has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaji Valiyaveetil | Director | 24 Dec 2014 | 11 Years 10 Months | As last reported |
| Sourav Sharma Also directs: GRS Innovation LLP, Offerandyou Internet Services Private Limited | Director | 22 Aug 2013 | 13 Years 2 Months | As last reported |
| Rajendran Keezhedath Nair | Director | 22 Aug 2013 | 13 Years 2 Months | As last reported |
Peer comparison
Rhythm IT Solution Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Utkarshaa Energy Services Private Limited | ₹18.89 Lakh (FY 2018) | -32.0% | Newpanvel, Maharashtra, India | |||
| Mansource Suppliers Private Limited | ₹18.89 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Maanpaa International Private Limited | ₹18.88 Lakh (FY 2022) | 110.0% | Hyderabad, Telangana, India | |||
| KWS Easy Money for Gold Private Limited | ₹18.88 Lakh (FY 2025) | 16.0% | Dehradun, Uttarakhand, India | |||
| High Five Products Advisory Private Limited | ₹18.87 Lakh (FY 2025) | 29.0% | Bengaluru, Karnataka, India | |||
| Rhythm IT Solution Private Limitedthis company | ₹18.87 Lakh (FY 2016) | -₹62,138 | -3.3% | -22.0% | New Delhi, Delhi, India | |
| Ajes Pharmaceuticals Private Limited | ₹18.87 Lakh (FY 2025) | -2.0% | Bhoapl, Madhya Pradesh, India | |||
| Boonmart Retail India Private Limited | ₹18.87 Lakh (FY 2024) | 31.0% | Netaji Subhash Place Pitampura, Delhi, India | |||
| Anantha Home Products India Private Limited | ₹18.87 Lakh (FY 2022) | -15.0% | Hyderabad, Telangana, India | |||
| Bharat Traders and Suppliers Private Limited | ₹18.87 Lakh (FY 2025) | -50.0% | Lucknow, Uttar Pradesh, India | |||
| Kalayatan Tech Limited | ₹18.87 Lakh (FY 2025) | 31.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Rhythm IT Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rhythm IT Solution 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 Rhythm IT Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rhythm IT Solution 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 Rhythm IT Solution Private Limited, buy the company report.
Recent activity
Rhythm IT Solution Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Shaji Valiyaveetil ceased to be Additional Director on 22 Sep 2015.
Frequently asked questions
Rhythm IT Solution 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.
Rhythm IT Solution was a private limited company based in New Delhi, Delhi, India. The company worked in information technology services, within the service industry. It was incorporated on 12 June 2013 and is registered under CIN U72900DL2013PTC253894. The company has been struck off by the Registrar of Companies and is no longer operational.
Rhythm IT Solution had 3 directors:
- Shaji Valiyaveetil - Director
- Sourav Sharma - Director
- Rajendran Keezhedath Nair - Director
The CIN (Corporate Identification Number) of Rhythm IT Solution is U72900DL2013PTC253894. 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 Rhythm IT Solution is at 207 Triveni Plaza 17 – A56 Wea Karol Bagh, New Delhi, Delhi, India – 110005.
Rhythm IT Solution was incorporated on 12 June 2013. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Rhythm IT Solution on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 23 August 2016. Year-wise statements from 2015 are in the company report.
No. Rhythm IT Solution has 1 GST registration on record and it is cancelled or inactive.
Rhythm IT Solution operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Rhythm IT Solution by revenue are Utkarshaa Energy Services Private Limited, Mansource Suppliers Private Limited, Maanpaa International Private Limited, KWS Easy Money for Gold Private Limited, High Five Products Advisory Private Limited and 5 more, all in the same principal business activity (retail trading).
Shaji Valiyaveetil ceased to be Additional Director on 22 Sep 2015. Shaji Valiyaveetil was appointed as Director on 24 Dec 2014. Rajendran Keezhedath Nair ceased to be Additional Director on 02 Sep 2014. Rhythm IT Solution has 8 board changes on record in total.