Richa Associates Private Limited
About Richa Associates Private Limited
Data last updated:
Richa Associates Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the digital payment solutions segment of the financial services sector. It was incorporated on 29 March 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U67120DL1996PTC077705.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.9 Lakh. It was led by directors Santosh Goel and Richa Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 31A Delhi Niwas Ghs Sector – 13 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.59 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹17,788 (net margin 6.9%) and EBITDA of ₹24,242 (EBITDA margin 9.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
Company details
Contact details
Richa Associates Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address31A Delhi Niwas Ghs Sector – 13 Rohini, Delhi, India – 110085
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Richa Associates 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
Financials of Richa Associates Private Limited
FY 2023 filings availableRicha Associates Private Limited reported revenue of ₹2.59 Lakh (down 14% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 14% fall in the latest year. EBITDA fell 41% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹24,242 | ||||
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| Net Profit (PAT) | ₹17,788 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Richa Associates Private Limited, buy the company report.
Board of directors of Richa Associates Private Limited
Richa Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richa Aggarwal Also directs: Richa Associates LLP | Additional Director | 20 Oct 2023 | 3 Years 0 Months | As last reported |
| Santosh Goel Also directs: Richa Associates LLP | Director | 29 Mar 1996 | 30 Years 7 Months | As last reported |
Peer comparison
Richa Associates Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finpay Technologies Private Limited | ₹2.81 Lakh (FY 2022) | Mathura, Uttar Pradesh, India | ||||
| Pengs Mobile Solution Private Limited | ₹2.8 Lakh (FY 2019) | Barakar, West Bengal, India | ||||
| Skvipm Digisolutions Private Limited | ₹2.72 Lakh (FY 2025) | 366.0% | Noida, Uttar Pradesh, India | |||
| Innovative Career in Cashless India Private Limited | ₹2.67 Lakh (FY 2024) | -39.0% | Bhojpur, Bihar, India | |||
| Paydhara Private Limited | ₹2.61 Lakh (FY 2025) | Haryana, India | ||||
| Richa Associates Private Limitedthis company | ₹2.59 Lakh (FY 2023) | ₹17,788 | 6.9% | -14.0% | Delhi, India | |
| Gramin Finserve Business Solutions Private Limited | ₹2.54 Lakh (FY 2020) | Mumbai, Maharashtra, India | ||||
| Beam Money Private Limited | ₹2.5 Lakh (FY 2025) | -95.0% | Okhla New, Delhi, India | |||
| Fact Fintech India Private Limited | ₹2.49 Lakh (FY 2025) | -92.0% | New Delhi, Delhi, India | |||
| SNH Trades and Services Private Limited | ₹2.47 Lakh (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Global Image Technologies Private Limited | ₹2.45 Lakh (FY 2019) | -65.0% | New Delhi, Delhi, India |
To see the full peer comparison of Richa Associates Private Limited, buy the company report.
Auditor
Richa Associates Private Limited is audited by K S CHOUDHARY & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S CHOUDHARY & CO | FY 2020 | 508095C |
Shareholding
The shareholding of Richa Associates Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Richa Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Richa Associates 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 Richa Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Richa Associates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Richa Associates Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Richa Aggarwal was appointed as Additional Director on 20 Oct 2023.
Frequently asked questions
Richa Associates has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Richa Associates was a private limited company based in Delhi, India. The company worked in digital payment solutions, within the financial services industry. It was incorporated on 29 March 1996 and is registered under CIN U67120DL1996PTC077705. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Richa Associates is U67120DL1996PTC077705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richa Associates had 2 directors:
- Richa Aggarwal - Additional Director
- Santosh Goel - Director
Richa Associates was incorporated on 29 March 1996. It is registered with the Registrar of Companies, Delhi.
The registered office of Richa Associates is at 31A Delhi Niwas Ghs Sector – 13 Rohini, Delhi, India – 110085.
The latest financial statements of Richa Associates on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Richa Associates operated in the financial services industry, in the digital payment solutions segment.
The peers of Richa Associates by revenue are Finpay Technologies Private Limited, Pengs Mobile Solution Private Limited, Skvipm Digisolutions Private Limited, Innovative Career in Cashless India Private Limited, Paydhara Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Richa Aggarwal was appointed as Additional Director on 20 Oct 2023. Ram Avtar Goel ceased to be Director on 17 Sep 2023. Santosh Goel was appointed as Director on 29 Mar 1996.
The compliance status of Richa Associates is compliant as of 23 September 2026.
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