Raashi Systems and Solutions Private Limited
About Raashi Systems and Solutions Private Limited
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Raashi Systems and Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 01 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2014PTC151639. Its GSTIN is 27AAGCR9564D2Z1 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Renuka Mahavir Solanki and Mahavir Manikchand Solanki.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 11 Plot No. 305 Near Bitc Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹44.45 Lakh (net margin 3.7%) and EBITDA of ₹61.77 Lakh (EBITDA margin 5.1%).
As per MCA filings, the company has open charges of ₹6.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Raashi Systems and Solutions Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 11 Plot No. 305 Near Bitc Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Raashi Systems and Solutions 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
Business activity
The main business activity of Raashi Systems and Solutions 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 Raashi Systems and Solutions Private Limited, buy the company report.
Financials of Raashi Systems and Solutions Private Limited
FY 2024 filings availableRaashi Systems and Solutions Private Limited reported revenue of ₹12.13 Cr (up 288% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 288% in the latest year. EBITDA rose 958% in the latest 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 | ₹61.77 Lakh | ||||
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| Net Profit (PAT) | ₹44.45 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Raashi Systems and Solutions Private Limited, buy the company report.
Board of directors of Raashi Systems and Solutions Private Limited
Raashi Systems and Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Manikchand Solanki | Additional Director | 15 Feb 2025 | 1 Years 8 Months | Current |
| Renuka Mahavir Solanki Also directs: Ochi R J Media Solutions LLP | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Mahavir Manikchand Solanki | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
Shareholding
The shareholding of Raashi Systems and Solutions Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Raashi Systems and Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100930249 | State Bank of India | ₹6.75 Cr | Open |
To see the full charge records of Raashi Systems and Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Raashi Systems and Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed against the company by M/S Rhine Solar Limited Through Its Authorized Person | Pending |
To see the full case history of Raashi Systems and Solutions 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 Raashi Systems and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raashi Systems and Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR9564D2Z1 | Maharashtra | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Raashi Systems and Solutions Private Limited, buy the company report.
Recent activity
Raashi Systems and Solutions Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Ashish Manikchand Solanki was appointed as Additional Director on 15 Feb 2025.
Frequently asked questions
Raashi Systems and Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 01 July 2014 (12+ years old) and is registered under CIN U72900PN2014PTC151639.
Raashi Systems and Solutions has 3 current directors:
- Ashish Manikchand Solanki - Additional Director
- Renuka Mahavir Solanki - Director
- Mahavir Manikchand Solanki - Director
The latest financial statements of Raashi Systems and Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Raashi Systems and Solutions is 27AAGCR9564D2Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Raashi Systems and Solutions is U72900PN2014PTC151639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raashi Systems and Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Raashi Systems and Solutions was incorporated on 01 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
Ashish Manikchand Solanki was appointed as Additional Director on 15 Feb 2025. Ashish Manikchand Solanki ceased to be Director on 01 Oct 2024. Renuka Mahavir Solanki was appointed as Director on 02 Nov 2017. Raashi Systems and Solutions has 6 board changes on record in total.
The registered office of Raashi Systems and Solutions is at Flat No. 11 Plot No. 305 Near Bitc Koregaon Park, Pune, Maharashtra, India – 411001.
Raashi Systems and Solutions operates in the information technology industry, in the IT products retail and distribution segment.
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