Ryiteinc IT Services (OPC) Private Limited

Ryiteinc IT Services (OPC) Private Limited - software in Mysore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2017OPC100388 Incorporated 09 February 2017 ROC Bangalore HQ Mysore, Karnataka, India
Active software DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2019
₹51,510
▲ 759% YoY
Net loss · FY 2019
₹3.01 Lakh
Latest filing
EBITDA · FY 2019
-₹3.01 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Ryiteinc IT Services (OPC) Private Limited

Data last updated:

Ryiteinc IT Services (OPC) Private Limited is a one person company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 09 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2017OPC100388.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sailesh Kumar Jayam and Kavitha Jayam (Nominee).

Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 2nd Floor Bm Habitat Mall Jayalakshmipuram Mysuru, Mysore, Karnataka, India – 570012.

As per the financials filed for FY 2019, the company reported a revenue of ₹51,510, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.01 Lakh and EBITDA of -₹3.01 Lakh.

The company is associated with 1 brand: Ryiteinc.

Ryiteinc IT Services (OPC) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0000967). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ryiteinc.com.

Company details

CIN U72200KA2017OPC100388
Registration Number 100388
Incorporation Date 09 February 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0000967

Recognitions & Rankings of Ryiteinc IT Services

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-22-0000967

Contact details

Ryiteinc IT Services (OPC) Private Limited's registered office is in Mysore, Karnataka.

  • Registered Address
    2nd Floor Bm Habitat Mall Jayalakshmipuram Mysuru, Mysore, Karnataka, India – 570012
  • Industry
    Software, Software Publishing, Software Development
Comprehensive company report
Ryiteinc IT Services (OPC) Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Brands

Ryiteinc IT Services operates one associated brand: Ryiteinc. Each brand links to its own profile.

BrandDescriptionWebsite
Provides comprehensive IT services specializing in Linux, databases, cloud solutions, and cybersecurity.ryiteinc.com

Business activity

The main business activity of Ryiteinc IT Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Ryiteinc IT Services (OPC) Private Limited, buy the company report.

Financials of Ryiteinc IT Services (OPC) Private Limited

FY 2021 filings available

Ryiteinc IT Services (OPC) Private Limited reported revenue of ₹51,510 (up 759% YoY) for FY 2019.

Revenue · FY 2019
₹51,510 ▲ 759%
Net loss · FY 2019
₹3.01 Lakh
EBITDA · FY 2019
-₹3.01 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 759%

Revenue rose 759% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.01 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.01 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

MetricsFY 2018-19FY 2017-18FY 2016-17
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

To see the full financial statements and ratios of Ryiteinc IT Services (OPC) Private Limited, buy the company report.

Board of directors of Ryiteinc IT Services (OPC) Private Limited

Ryiteinc IT Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kavitha JayamNominee09 Feb 20179 Years 8 MonthsCurrent
Sailesh Kumar JayamDirector09 Feb 20179 Years 8 MonthsCurrent

Peer comparison

Ryiteinc IT Services (OPC) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Makos Infotech Private Limited₹51,878 (FY 2023)442.0%Chennai, Tamil Nadu, India
Subetsham Energies Private Limited₹51,771 (FY 2018)Coimbatore, Tamil Nadu, India
Codinance Business Solutions Private Limited₹51,763 (FY 2016)Karthikappally, Kerala, India
Hellooexpert Private Limited₹51,600 (FY 2022)Hyderabad, Telangana, India
Nuveego Software Private Limited₹51,565 (FY 2025)Nagpur, Maharashtra, India
Ryiteinc IT Services (OPC) Private Limitedthis company₹51,510 (FY 2019)-₹3.01 Lakh759.0%Mysore, Karnataka, India
Syscloudtech IT Solutions Private Limited₹51,439 (FY 2022)Gurgaon, Haryana, India
Albatross Innovations Private Limited₹51,430 (FY 2023)Pune, Maharashtra, India
Maaniky Technology Private Limited₹51,409 (FY 2021)Bangalore, Karnataka, India
Fayaz Lotusfast Private Limited₹51,250 (FY 2023)-15.0%Karimnagar, Telangana, India
Ubiconn Iot Solutions Private Limited₹51,155 (FY 2020)-86.0%Secunderabad, Telangana, India

To see the full peer comparison of Ryiteinc IT Services (OPC) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ryiteinc IT Services (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Ryiteinc IT Services (OPC) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ryiteinc IT Services (OPC) Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kavitha Jayam was appointed as Nominee on 09 Feb 2017.

Filing
Ryiteinc It Services (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
AGM
Ryiteinc It Services (Opc) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Appointed
Kavitha Jayam was appointed as Nominee.
Appointed
Sailesh Kumar Jayam was appointed as Director.
Incorporation
09 Feb 2017
Ryiteinc It Services (Opc) Private Limited was registered on 09 Feb 2017 with Roc Bangalore & aged 9 years 8 months as per MCA records.

Frequently asked questions

Ryiteinc IT Services is an active company based in Mysore, Karnataka, India. The company works in software publishing, within the software industry. It was incorporated on 09 February 2017 (9+ years old) and is registered under CIN U72200KA2017OPC100388.

Ryiteinc IT Services has 2 current directors:

The latest financial statements of Ryiteinc IT Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.

The CIN (Corporate Identification Number) of Ryiteinc IT Services is U72200KA2017OPC100388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ryiteinc IT Services was incorporated on 09 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Ryiteinc IT Services by revenue are Makos Infotech Private Limited, Subetsham Energies Private Limited, Codinance Business Solutions Private Limited, Hellooexpert Private Limited, Nuveego Software Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Kavitha Jayam was appointed as Nominee on 09 Feb 2017. Sailesh Kumar Jayam was appointed as Director on 09 Feb 2017.

Yes, Ryiteinc IT Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Ryiteinc IT Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0000967).

Ryiteinc IT Services can be reached through the website ryiteinc.com. Its registered office is in Mysore, Karnataka, India.

The registered office of Ryiteinc IT Services is at 2nd Floor Bm Habitat Mall Jayalakshmipuram Mysuru, Mysore, Karnataka, India – 570012.