About Rizort Technologies Private Limited
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Rizort Technologies Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Rizort Inc,Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017FTC107571. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amit Agarwal and Sachin Kanodia.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #198 2nd Floor Desk #130 Cmh Road Indiranagar Second Stage, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.73 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.36 Cr and EBITDA of -₹1.35 Cr. Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 55% over five years.
The company is associated with 1 brand: Rizort.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rizort.com.
Company details
Contact details
Rizort Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is rizort.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#198 2nd Floor Desk #130 Cmh Road Indiranagar Second Stage, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Rizort Technologies 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
Brands
Rizort Technologies operates one associated brand: Rizort. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform for creating immersive panoramic virtual tours. | rizort.com |
Business activity
The main business activity of Rizort Technologies is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Rizort Technologies Private Limited, buy the company report.
Financials of Rizort Technologies Private Limited
FY 2024 filings availableRizort Technologies Private Limited reported revenue of ₹3.73 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 98% fall 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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| Total Revenue | ₹3.73 Lakh | ||||
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| EBITDA | -₹1.35 Cr | ||||
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| Net Profit (PAT) | -₹1.36 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Rizort Technologies Private Limited, buy the company report.
Board of directors of Rizort Technologies Private Limited
Rizort Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Agarwal Also directs: Skylark Hirise Private Limited, Anuj Realtors Private Limited, Buddhi Distributors Private Limited and 5 more | Director | 09 Feb 2018 | 8 Years 8 Months | Current |
| Sachin Kanodia Also directs: Rizort Services India Private Limited | Director | 11 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Rizort Technologies Private Limited is audited by Richa Khetawat for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Richa Khetawat | FY 2023 | 416333 |
Shareholding
The shareholding of Rizort Technologies 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 Rizort Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rizort Technologies 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 Rizort Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rizort Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rizort Technologies Private Limited, buy the company report.
Recent activity
Rizort Technologies Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Sachin Kanodia ceased to be Additional Director on 02 Nov 2020.
Frequently asked questions
Rizort Technologies is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 October 2017 (9+ years old) and is registered under CIN U72900KA2017FTC107571.
Rizort Technologies has 2 current directors:
- Amit Agarwal - Director
- Sachin Kanodia - Director
The latest financial statements of Rizort Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2018 are in the company report.
No. Rizort Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rizort Technologies is U72900KA2017FTC107571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rizort Technologies was incorporated on 31 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Sachin Kanodia ceased to be Additional Director on 02 Nov 2020. Nishant Sameer ceased to be Director on 12 Jun 2020. Sachin Kanodia was appointed as Director on 11 Jun 2020. Rizort Technologies has 6 board changes on record in total.
Rizort Technologies can be reached through the website rizort.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Rizort Technologies is at #198 2nd Floor Desk #130 Cmh Road Indiranagar Second Stage, Bangalore, Karnataka, India – 560038.
Rizort Technologies operates in the information technology industry, in the application development and software solutions segment.