MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0125647
Rigwheels Toys Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.5 Cr
▼ 42% YoY
Net profit · FY 2024
₹1.68 Cr
Net margin 30.6%
EBITDA · FY 2024
₹1.38 Cr
EBITDA margin 25.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.23 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
27
Provident fund records
Directors on board
2
As per MCA filings
About Rigwheels Toys Private Limited
Data last updated:
Rigwheels Toys Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Market Drive Inc.. It operates in the corporate training and development segment of the education sector. It was incorporated on 10 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2018PTC128272. Its GSTIN is 29AAMCM1574A1ZH (Karnataka). The company holds 17 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.23 Cr. It was formerly known as Musubi Management Private Limited. It is led by directors Saravana Bhava Kumarasamy and Futoshi Ito.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 71/72 2nd Floor Jyothi Nivas College Road 5th Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.5 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 30.6%) and EBITDA of ₹1.38 Cr (EBITDA margin 25.2%). Revenue has grown at a compounded annual rate (CAGR) of 361% over three years and 126% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
Rigwheels Toys Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0125647). For more details, the company can be reached via its website techis.io.
Company details
CIN U72501KA2018PTC128272
Registration Number 128272
Incorporation Date 10 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Market Drive Inc.
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0125647
Name history
Rigwheels Toys has undergone 2 name changes throughout its history. The company was previously known as Musubi Management Private Limited, and Rigwheels Toys Private Limited. The current legal name is Rigwheels Toys Private Limited.
| Company Name | Status |
|---|---|
| Rigwheels Toys Private Limited | Current |
| Musubi Management Private Limited | Previous |
CIN history
Rigwheels Toys has one previous CIN (Corporate Identification Number): U72501MH2018PTC315621. The current CIN is U72501KA2018PTC128272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72501KA2018PTC128272 | Current |
| U72501MH2018PTC315621 | Previous |
Recognitions & Rankings of Rigwheels Toys
Contact details
Rigwheels Toys Private Limited's registered office is in Bangalore, Karnataka. Its website is techis.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address71/72 2nd Floor Jyothi Nivas College Road 5th Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryEducation, Corporate Training & Development
To see the full contact details of Rigwheels Toys Private Limited, buy the company report.
Comprehensive company report
Rigwheels Toys 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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Business activity
The main business activity of Rigwheels Toys is education. In detail, this covers education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | 85 | Education |
To see the full business activity and turnover split of Rigwheels Toys Private Limited, buy the company report.
Financials of Rigwheels Toys Private Limited
FY 2025 filings availableRigwheels Toys Private Limited reported revenue of ₹5.5 Cr (down 42% YoY) for FY 2024.
Revenue · FY 2024
₹5.5 Cr ▼ 42%
Net profit · FY 2024
₹1.68 Cr margin 30.6%
EBITDA · FY 2024
₹1.38 Cr margin 25.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 361%
5 years · compounded
▲ 126%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 33%
5 years · compounded
▲ 47%
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 126%. EBITDA fell 28% 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 |
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| EBITDA | ₹1.38 Cr | ||||
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| Net Profit (PAT) | ₹1.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.2% | ||||
| Net Profit Margin | 30.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rigwheels Toys Private Limited, buy the company report.
Board of directors of Rigwheels Toys Private Limited
Rigwheels Toys has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saravana Bhava Kumarasamy | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Futoshi Ito | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Rigwheels Toys Private Limited is audited by MRNM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRNM & CO | FY 2023 | 013072S |
Shareholding
The shareholding of Rigwheels Toys Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rigwheels Toys Private Limited, buy the company report.
Legal cases
Rigwheels Toys Private Limited has 1 court case on record: 1 filed by Rigwheels Toys. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Rigwheels Toys 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
Rigwheels Toys Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, 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 |
|---|---|---|---|
| Minfy Technologies Private Limited |
To see the full MSME payment records of Rigwheels Toys Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rigwheels Toys Private Limited has a workforce of 27 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
-42.55%
GST
Rigwheels Toys has 17 GST registrations: 15 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
17
Active
15
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCM1574A1ZH | Karnataka | Active | 09 May 2019 |
| 29AAMCM1574A1CS | Karnataka | Active | 09 Aug 2019 |
| 07AAMCM1574A1CY | Delhi | Active | 17 Dec 2019 |
| 33AAMCM1574A1C3 | Tamil Nadu | Active | 23 Dec 2019 |
To see the full GST registrations and return filing status of Rigwheels Toys Private Limited, buy the company report.
Recent activity
Rigwheels Toys Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Hayato Kato ceased to be Director on 17 Feb 2025.
AGM
Rigwheels Toys Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rigwheels Toys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Hayato Kato ceased to be Director.
Appointed
Futoshi Ito was appointed as Director.
Appointed
Hayato Kato was appointed as Director.
Appointed
Saravana Bhava Kumarasamy was appointed as Director.
Incorporation
10 Oct 2018
Rigwheels Toys Private Limited was registered on 10 Oct 2018 with Roc Bangalore & aged 8 years 27 days as per MCA records.
Frequently asked questions
Rigwheels Toys is an active private limited company based in Bangalore, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 10 October 2018 (8+ years old) and is registered under CIN U72501KA2018PTC128272.
Rigwheels Toys has 2 current directors:
- Saravana Bhava Kumarasamy - Director
- Futoshi Ito - Director
The latest financial statements of Rigwheels Toys on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Rigwheels Toys is 29AAMCM1574A1ZH, registered in Karnataka. The company has 17 GST registrations in all, of which 15 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAMCM1574A1CS (Karnataka), 07AAMCM1574A1CY (Delhi), 33AAMCM1574A1C3 (Tamil Nadu).
The CIN (Corporate Identification Number) of Rigwheels Toys is U72501KA2018PTC128272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rigwheels Toys has 1 court case on record: 1 filed by the company.
Rigwheels Toys was incorporated on 10 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Hayato Kato ceased to be Director on 17 Feb 2025. Futoshi Ito was appointed as Director on 10 Oct 2018. Hayato Kato was appointed as Director on 10 Oct 2018. Rigwheels Toys has 4 board changes on record in total.
Yes, Rigwheels Toys is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0125647).
Rigwheels Toys has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 13 May 2021.
Rigwheels Toys can be reached through the website techis.io. Its registered office is in Bangalore, Karnataka, India.
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