MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-29-0040706
Risein Tech Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.14 Lakh
▼ 83% YoY
Net loss · FY 2024
₹2.12 Cr
Latest filing
EBITDA · FY 2024
-₹2 Cr
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.3 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
13
Provident fund records
Directors on board
3
As per MCA filings
About Risein Tech Private Limited
Data last updated:
Risein Tech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 20 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012PTC084548. Its GSTIN is 09AAGCR0449F1ZE (Uttar Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.3 Lakh. It is led by directors including Rohit Ranjan and Khwaab Bansal.
Its last annual general meeting (AGM) was held on 16 April 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ground Floor 35A/80 Manickam Lane Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.14 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹2.12 Cr and EBITDA of -₹2 Cr. Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 99% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Risein Technology and Net paisa. Court records list 1 case involving the company, including 1 filed by the company.
Risein Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0040706). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riseintechnology.com.
Company details
CIN U72900TN2012PTC084548
Registration Number 084548
Incorporation Date 20 February 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-29-0040706
Recognitions & Rankings of Risein Tech
Contact details
Risein Tech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is riseintechnology.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor 35A/80 Manickam Lane Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Risein Tech Private Limited, buy the company report.
Comprehensive company report
Risein Tech 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
Risein Tech operates two associated brands: Risein Technology and Net paisa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application development and ERP services are provided by Risein Technology. | riseintechnology.com | |
| Agent-based payment and correspondent banking solutions are provided. | netpaisa.com |
Business activity
The main business activity of Risein Tech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Risein Tech Private Limited, buy the company report.
Financials of Risein Tech Private Limited
FY 2024 filings availableRisein Tech Private Limited reported revenue of ₹12.14 Lakh (down 83% YoY) for FY 2024.
Revenue · FY 2024
₹12.14 Lakh ▼ 83%
Net loss · FY 2024
₹2.12 Cr
EBITDA · FY 2024
-₹2 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 73%
5 years · compounded
▲ 99%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▼ 56%
5 years · compounded
▼ 100%
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 99%. EBITDA rose 17% 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 | -₹2 Cr | ||||
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| Net Profit (PAT) | -₹2.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Risein Tech Private Limited, buy the company report.
Board of directors of Risein Tech Private Limited
Risein Tech has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Ranjan | Director | 20 Feb 2012 | 14 Years 8 Months | Current |
| Khwaab Bansal | Director | 27 Feb 2023 | 3 Years 8 Months | Current |
| Rinki Kumari Singh Also directs: Evoluto Solutions Private Limited, Anzen Management Advisory Services and Insurance Marketing LLP, Tatva Ventures LLP and 4 more | Director | 20 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Risein Tech Private Limited is audited by PMH & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PMH & Associates LLP | FY 2023 | 026443N/ N500054 |
Shareholding
The shareholding of Risein Tech 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 Risein Tech Private Limited, buy the company report.
Legal cases
Risein Tech Private Limited has 1 court case on record: 1 filed by Risein Tech. 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, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Disposed |
To see the full case history of Risein Tech 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
No delayed payments to MSME suppliers are on our record for Risein Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Risein Tech Private Limited has a workforce of 13 employees on its EPFO records as of Dec 2023, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-38.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 13 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Risein Tech Private Limited, buy the company report.
GST
Risein Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCR0449F1ZE | Uttar Pradesh | Active | 21 Feb 2019 |
To see the full GST registrations and return filing status of Risein Tech Private Limited, buy the company report.
Recent activity
Risein Tech Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Khwaab Bansal ceased to be Additional Director on 29 Sep 2023.
AGM
Risein Tech Private Limited last Annual general meeting of members was held on 16 Apr 2025 as per latest MCA records.
Filing
Risein Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Khwaab Bansal ceased to be Additional Director.
Appointed
Khwaab Bansal was appointed as Director.
Ceased
Neeraj Kumar ceased to be Director.
Ceased
Rohit Ranjan ceased to be Director.
Ceased
Kamaljeet Rastogi ceased to be Alternate Director.
Ceased
Appuorv Kumar Sinha ceased to be Additional Director.
Ceased
Rahul Ranjan ceased to be Director.
Appointed
Rinki Kumari Singh was appointed as Director.
Appointed
Rohit Ranjan was appointed as Director.
Incorporation
20 Feb 2012
Risein Tech Private Limited was registered on 20 Feb 2012 with Roc Chennai & aged 14 years 8 months as per MCA records.
Frequently asked questions
Risein Tech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 20 February 2012 (14+ years old) and is registered under CIN U72900TN2012PTC084548.
Risein Tech has 3 current directors:
- Rohit Ranjan - Director
- Khwaab Bansal - Director
- Rinki Kumari Singh - Director
The latest financial statements of Risein Tech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 April 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Risein Tech is 09AAGCR0449F1ZE, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Risein Tech is U72900TN2012PTC084548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Risein Tech has 1 court case on record: 1 filed by the company.
Risein Tech was incorporated on 20 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Khwaab Bansal ceased to be Additional Director on 29 Sep 2023. Khwaab Bansal was appointed as Director on 27 Feb 2023. Neeraj Kumar ceased to be Director on 06 Aug 2022. Risein Tech has 9 board changes on record in total.
Yes, Risein Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-29-0040706).
Risein Tech can be reached through the website riseintechnology.com. Its registered office is in Chennai, Tamil Nadu, India.
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