Rix System & Solutions Private Limited
About Rix System & Solutions Private Limited
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Rix System & Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC360554. Its GSTIN is 27AALCR0062M1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.52 Cr. It is led by directors including Nishigandha Anant Pawar and Latesh Angara Shetty.
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 Chaitanya Bunglow Pt No. 171 Rsc 40/37 Sector – 4 Charkop Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹76,262, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹51.08 Lakh and EBITDA of -₹14.82 Lakh.
The company is associated with 1 brand: Rixchange. The company has 2 deals on record (2 rights issues); the latest was in January 2023. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is Traqez Private Limited with revenue of ₹76,419.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressChaitanya Bunglow Pt No. 171 Rsc 40/37 Sector – 4 Charkop Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Rix System & Solutions Private Limited
The main business activity of Rix System & Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rix System & Solutions Private Limited FY 2025 filings available
Rix System & Solutions Private Limited reported revenue of ₹76,262 (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rix System & Solutions Private Limited
Revenue fell 94% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Rix System & Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹76,262 | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹14.82 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹51.08 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Rix System & Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rix System & Solutions are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rix System & Solutions Private Limited
Rix System & Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Traqez Private Limited | ₹76,419 (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Cursive Technologies Private Limited | ₹76,400 (FY 2024) | •••• | •••• | 177.0% | •••• | Pune, Maharashtra, India |
| My Place E Technologies (OPC) Private Limited | ₹76,365 (FY 2025) | •••• | •••• | 906.0% | •••• | Secunderabad, Telangana, India |
| Coding Spider Info Tech Private Limited | ₹76,324 (FY 2024) | •••• | •••• | 798.0% | •••• | Hubli, Karnataka, India |
| TRK Digital Solutions Private Limited | ₹76,271 (FY 2019) | •••• | •••• | -79.0% | •••• | Bangalore, Karnataka, India |
| Rix System & Solutions Private Limited this company | ₹76,262 (FY 2025) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Iotarise Private Limited | ₹76,190 (FY 2024) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Levnext Private Limited | ₹76,146 (FY 2025) | •••• | •••• | -88.0% | •••• | Karnal, Haryana, India |
| NG Infocare Private Limited | ₹76,100 (FY 2025) | •••• | •••• | -23.0% | •••• | Delhi, India |
| Glitchbusters Technologies Private Limited | ₹76,075 (FY 2025) | •••• | •••• | 348.0% | •••• | Nanded, Maharashtra, India |
| Nevolearn Solutions Private Limited | ₹76,033 (FY 2024) | •••• | •••• | -98.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Rix System & Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rix System & Solutions Private Limited
Rix System & Solutions Private Limited is audited by BO & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BO & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rix System & Solutions Private Limited
Rix System & Solutions has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishigandha Anant Pawar | Director | 17 May 2021 | 5 Years 4 Months | Current |
| Latesh Angara Shetty Also directs: Centrico Insurance Repository Limited | Director | 08 May 2026 | 0 Years 5 Months | Current |
| Prabodh Bhagwandas Thakker Also directs: Global Health Services LLP, India Asyst Private Limited, Global Services (C & F ) Private Limited and 5 more | Director | 21 Feb 2025 | 1 Years 7 Months | Current |
| Krunal Bhopesh Kumar | Director | 12 Aug 2025 | 1 Years 1 Months | Current |
| Rahul Mahadev Niwathe | Director | 08 May 2026 | 0 Years 5 Months | Current |
| Krishna Bhiku Pawar | Additional Director | 26 Aug 2026 | 0 Years 1 Months | Current |
Ownership and Shareholding of Rix System & Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rix System & Solutions Private Limited
Rix System & Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Rix System & Solutions Private Limited
Rix System & Solutions Private Limited has 2 deals on record (2 rights issues); the latest was in January 2023.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Rights issue | ₹15 Lakh | Investors: 2 individuals |
| Sep 2021 | Rights issue | ₹2.36 Cr | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Rix System & Solutions Private Limited
Rix System & Solutions operates one associated brand: Rixchange. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers technology for insurance digitalization, automation, and regulatory compliance. | rixchange.com |
Employees and EPFO Compliance at Rix System & Solutions Private Limited
Rix System & Solutions Private Limited has a workforce of 0 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rix System & Solutions Private Limited
Rix System & Solutions Private Limited has 7 board changes on record since 2021: 6 appointments and 1 cessation. The latest: Krishna Bhiku Pawar was appointed as Additional Director on 26 Aug 2026.
Credit Ratings, Litigation & Regulatory Alerts for Rix System & Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rix System & Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rix System & Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rix System & Solutions Private Limited
Rix System & Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCR0062M1Z3 | Maharashtra | Active | 07 Jun 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rix System & Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rix System & Solutions Private Limited
Rix System & Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 May 2021 (5+ years old) and is registered under CIN U74999MH2021PTC360554.
Rix System & Solutions reported revenue of ₹76,262 for FY 2025 (down 94% YoY).
Rix System & Solutions has 6 current directors:
- Nishigandha Anant Pawar - Director
- Latesh Angara Shetty - Director
- Prabodh Bhagwandas Thakker - Director
- Krunal Bhopesh Kumar - Director
- Rahul Mahadev Niwathe - Director
- Krishna Bhiku Pawar - Additional Director
Rix System & Solutions reported a net loss of ₹51.08 Lakh and EBITDA of -₹14.82 Lakh for FY 2025, as per its filed financial statements.
The GSTIN of Rix System & Solutions is 27AALCR0062M1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rix System & Solutions is U74999MH2021PTC360554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rix System & Solutions was incorporated on 17 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Rix System & Solutions has 2 deals on record (2 rights issues); the latest was in January 2023.
The peers of Rix System & Solutions by revenue are Traqez Private Limited, Cursive Technologies Private Limited, My Place E Technologies (OPC) Private Limited, Coding Spider Info Tech Private Limited, TRK Digital Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Krishna Bhiku Pawar was appointed as Additional Director on 26 Aug 2026. Latesh Angara Shetty was appointed as Director on 08 May 2026. Rahul Mahadev Niwathe was appointed as Director on 08 May 2026. Rix System & Solutions has 7 board changes on record in total.
The registered office of Rix System & Solutions is at Chaitanya Bunglow Pt No. 171 Rsc 4037 Sector – 4 Charkop Kandivali West, Mumbai, Maharashtra, India – 400067.