Rideau Technology Services India Private Limited
About Rideau Technology Services India Private Limited
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Rideau Technology Services India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Rideau Recognition Solutions Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2019FTC123246. Its GSTIN is 29AAJCR5309P1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohan Raghothama Lavi and Patrick Elalouf.
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 No. 212 4th Floor 'Celstic Tower' Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.35 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹69.87 Lakh (net margin 8.4%) and EBITDA of ₹1.27 Cr (EBITDA margin 15.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 9% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
Company details
Contact details
Rideau Technology Services India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressNo. 212 4th Floor 'Celstic Tower' Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rideau Technology Services India 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 Rideau Technology Services India is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Rideau Technology Services India Private Limited, buy the company report.
Financials of Rideau Technology Services India Private Limited
FY 2024 filings availableRideau Technology Services India Private Limited reported revenue of ₹8.35 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.27 Cr | ||||
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| Net Profit (PAT) | ₹69.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Rideau Technology Services India Private Limited, buy the company report.
Board of directors of Rideau Technology Services India Private Limited
Rideau Technology Services India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patrick Elalouf | Additional Director | 03 Aug 2019 | 7 Years 2 Months | Current |
| Jeffrey Michael Gelinas | Additional Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Mohan Raghothama Lavi Also directs: Staxo Technology Services Private Limited | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Rideau Technology Services India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Red Hut Innovation Technology Private Limited | ₹8.6 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Sysmac IT Solutions Private Limited | ₹8.48 Cr (FY 2025) | 210.0% | Thane, Maharashtra, India | |||
| Sigmatek Systems India Private Limited | ₹8.4 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Datalumin Tech Private Limited | ₹8.39 Cr (FY 2025) | 83.0% | Bangalore, Karnataka, India | |||
| Katalist Viewspaper Private Limited | ₹8.35 Cr (FY 2025) | 20.0% | Jaipur, Rajasthan, India | |||
| Rideau Technology Services India Private Limitedthis company | ₹8.35 Cr (FY 2025) | ₹69.87 Lakh | 8.4% | 5.0% | 54 | Bangalore, Karnataka, India |
| Techsofya Digital Private Limited | ₹8.33 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Louisa Technologies India Private Limited | ₹8.31 Cr (FY 2025) | 66.0% | Bangalore, Karnataka, India | |||
| Ybs India Private Limited | ₹8.28 Cr (FY 2025) | 19.0% | Faridabad, Haryana, India | |||
| Saber Softech Private Limited | ₹8.28 Cr (FY 2025) | 41.0% | Pune, Maharashtra, India | |||
| Bigger and Beyond Media Private Limited | ₹8.27 Cr (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Rideau Technology Services India Private Limited, buy the company report.
Auditor
Rideau Technology Services India Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2023 | 121750W/W-100010 |
Shareholding
The shareholding of Rideau Technology Services India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rideau Technology Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rideau Technology Services India 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
Rideau Technology Services India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Qwikcilver Solutions Private Limited |
To see the full MSME payment records of Rideau Technology Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rideau Technology Services India Private Limited has a workforce of 54 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Rideau Technology Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCR5309P1ZN | Karnataka | Active | 18 Jun 2019 |
To see the full GST registrations and return filing status of Rideau Technology Services India Private Limited, buy the company report.
Recent activity
Rideau Technology Services India Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Jeffrey Michael Gelinas was appointed as Additional Director on 05 Jul 2021.
Frequently asked questions
Rideau Technology Services India is an active foreign 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 05 April 2019 (7+ years old) and is registered under CIN U72500KA2019FTC123246.
Rideau Technology Services India has 3 current directors:
- Patrick Elalouf - Additional Director
- Jeffrey Michael Gelinas - Additional Director
- Mohan Raghothama Lavi - Director
The latest financial statements of Rideau Technology Services India 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 2020 are in the company report.
The GSTIN of Rideau Technology Services India is 29AAJCR5309P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Rideau Technology Services India is U72500KA2019FTC123246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rideau Technology Services India was incorporated on 05 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rideau Technology Services India by revenue are Red Hut Innovation Technology Private Limited, Sysmac IT Solutions Private Limited, Sigmatek Systems India Private Limited, Datalumin Tech Private Limited, Katalist Viewspaper Private Limited and 5 more, all in the same principal business activity (information service activities).
Jeffrey Michael Gelinas was appointed as Additional Director on 05 Jul 2021. Jacob Oommen ceased to be Director on 23 Aug 2019. Patrick Elalouf was appointed as Additional Director on 03 Aug 2019. Rideau Technology Services India has 4 board changes on record in total.
Rideau Technology Services India has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 11 Dec 2020.
The registered office of Rideau Technology Services India is at No. 212 4th Floor Celstic Tower Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103.
Rideau Technology Services India operates in the information technology industry, in the IT consulting and support services segment.
Rideau Technology Services India can be reached at its registered office: No. 212 4th Floor Celstic Tower Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103.