Rices Obliquity

Bengaluru, India Founded: 2010 • Age: 16 yrs
Event and entertainment management services are offered by Rices Obliquity.

About Rices Obliquity

Rices Obliquity is a Business Services company based in Bengaluru (India) founded in 2010. Event and entertainment management services are offered by Rices Obliquity. The company has 1,059 employees. Its Indian entity V&Ro Hospitality Private Limited reported revenue of ₹168 Cr. Its focus areas include Event Management Services and Event & Exhibition Signage.

Company details

Rices Obliquity is an event and entertainment management company focusing on club, concert event promotions. Has tie-ups with clubs to hold events and international tours of DJs. Also co-produced concerts such as Hardwell, Avicii, Armin Van Bureen, Deadmau5, Dada Life among others. Partnered with venues such as Shiros, The Ritz Carlton, J.W Marriott for organizing events. Customers also include Addicted To House, Wow Ladies Night, Adrenalin Series, The Indigo Hot Mix, Encore among others. Provides a mobile app for users to find Rices events.

Key Metrics
  • Annual Revenue
    ₹168 Cr

    FY 2023 · +112% YoY

  • Net Profit
    ₹1.97 Cr

    FY 2023 · 1% margin

  • EBITDA
    ₹18.16 Cr

    FY 2023 · 11% margin

  • Employee Count
    1,059

Board of directors of V&Ro Hospitality Private Limited (Rices Obliquity)

V&Ro Hospitality Private Limited is the primary company behind Rices Obliquity. The board of V&Ro Hospitality Private Limited currently have 3 directors; the longest-serving is Sharath Rice, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sharath Rice
DIN 07190813
Director23 May 20188 yrs 5 moV&Ro Hospitality Private Limited
Safdhar Mohammed Adoor
DIN 07034756
Director23 May 20188 yrs 5 moV&Ro Hospitality Private Limited
Dawn Thomas Pious
DIN 07034733
Director23 May 20188 yrs 5 moV&Ro Hospitality Private Limited

Financials of Rices Obliquity

Figures of V&Ro Hospitality Private Limited, the primary company behind Rices Obliquity, for FY 2023. Revenue was ₹168 Cr (+112% year on year). Net profit was ₹1.97 Cr (1% margin). EBITDA was ₹18.16 Cr (11% margin). Revenue has grown at a compounded annual rate of +150% over three years.

  • ₹168 CrRevenue · FY 2023 · +112% YoY
  • ₹1.97 CrNet profit · 1% margin
  • ₹18.16 CrEBITDA · 11% margin
  • ₹30.1 LakhPaid-up capital
  • 936Employees (provident fund records)
  • +150%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of V&Ro Hospitality Private Limited are on its company page.

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Detailed financial statements for Rices Obliquity

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Top companies in Facility & Event Management Services

2 companies that operate in the same segment as Rices Obliquity (Facility & Event Management Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of facility & project management, advisory, general contracting, and real estate development services
2010Mumbai, Maharashtra, IndiaUSD 117.79 MUSD 151.22 M25,611
Security solutions and business support services are provided globally.
1998Delhi, Delhi, IndiaUSD 54.68 MUSD 1.7 B179,689
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Frequently Asked Questions about Rices Obliquity

Rices Obliquity was founded in 2010.

Rices Obliquity is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rices Obliquity has 1,059 employees.

The primary company behind Rices Obliquity, V&Ro Hospitality Private Limited, reported revenue of ₹168 Cr for FY 2023, up 112% year on year.

Rices Obliquity is an event and entertainment management company focusing on club, concert event promotions. Has tie-ups with clubs to hold events and international tours of DJs. Also co-produced concerts such as Hardwell, Avicii, Armin Van Bureen, Deadmau5, Dada Life among others. Partnered with venues such as Shiros, The Ritz Carlton, J.W Marriott for organizing events. Customers also include Addicted To House, Wow Ladies Night, Adrenalin Series, The Indigo Hot Mix, Encore among others. Provides a mobile app for users to find Rices events.

Rices Obliquity operates through V&Ro Hospitality Private Limited.

The legal entities of Rices Obliquity currently have 3 directors, including Sharath Rice, Safdhar Mohammed Adoor, Dawn Thomas Pious.

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