Rac It Solutions Private Limited Company Logo

Rac It Solutions Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 | Mumbai, Maharashtra, India | Active
Last Updated:

About Rac It Solutions Private Limited

Rac It Solutions Private Limited, a active private limited company, was established on 08 April 2008 in Mumbai, Maharashtra, India. Engaging in equipment leasing & financing within the information and communication sector, it holds CIN: U72900MH2008PTC180932. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹4.96 Cr.

It upholds a compliant status. Employing 366 professional, Its leadership includes Asha Vipul Pandya (Director), Vipul Jayantilal Pandya (Director), Parth Vipul Pandya (Director). Past directors included Parth Vipul Pandya. It holds ₹47.60 Cr open charges and ₹62.22 Cr settled loans. Its latest AGM occurred on 05 August 2025, with the balance sheet filed on 31 March 2025. It is based at 408, 409, 4Th Floor, Parle Square,, Mongibai Road, Vile Parle East,, Mumbai, Maharashtra, 400057.

Company Details

  • CIN/LLPIN

    U72900MH2008PTC180932

  • Registration Number

    180932

  • Incorporation Date

    08 April 2008

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹4.96 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.96 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 47.60 Cr
  • Satisfied Charges ₹ 62.22 Cr
  • Revenue Growth -15.66%
  • Profit Growth -61.14%
  • Ebitda -18.63%
  • Net Worth 16.30%
  • Total Assets -7.91%
Company report

Rac It Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Rac It Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Rac It Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Asha Vipul PandyaDirector08 Apr 2008Current
Vipul Jayantilal PandyaDirector08 Apr 2008Current
Parth Vipul PandyaDirector24 Nov 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2024Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Rac It Solutions.

Rac It Solutions Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 15.66% decrease. The company also saw a substantial fall in profitability, with a 61.14% decrease in profit. The company's net worth Soared by an impressive increase of 16.3%.

Rac It Solutions revenue growth over time
Rac It Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.66%
Revenue from Operations
-17.42%
Total Assets
-7.91%
Profit or Loss
-61.14%
Net Worth
16.30%
EBITDA
-18.63%

What is the Ownership and Shareholding Structure of Rac It Solutions?

In 2023, Rac It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹476,046,416.29

Satisfied Charges

₹622,175,000.00

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 36.60 Cr
  • Others : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2023Others₹11.00 CrOpen
27 May 2022Yes Bank Limited₹36.60 CrOpen
25 Mar 2021Others₹4.50 CrSatisfied
21 Aug 2020Others₹2.64 MSatisfied
31 Jan 2020Others₹8.15 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Rac It Solutions?

Rac It Solutions has a workforce of 366 employees as of Jun 04, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Rac It Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rac It Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rac It Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rac It Solutions

Recent Activity within the Organization

  • Annual General Meeting

    Rac It Solutions Private Limited last Annual general meeting of members was held on 05 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Rac It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Yes Bank Limited of Rs. 36.60 Cr registered on 27 May 2022 with Charge ID 100582307 was modified on 29 Mar 2025. was completed.

  • Director Appointment

    Parth Vipul Pandya was appointed as a Director was appointed as a Director on 24 Nov 2023 & has been associated with this company since 2 years 11 days . was recorded as a recent event.

  • Charges

    The activity A charge registered on 21 Aug 2020 via Charge ID 100371896 with Others was fully satisfied on 21 Aug 2023. was completed.

  • Charges

    A charge with Others amounted to Rs. 11.00 Cr with Charge ID 100731298 was registered on 29 May 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Rac It Solutions Private Limited?

    The CIN of Rac It Solutions Private Limited is U72900MH2008PTC180932.

  • Where is Rac It Solutions Private Limited headquartered?

    Rac It Solutions Private Limited is headquartered at 408, 409, 4Th Floor, Parle Square,, Mongibai Road, Vile Parle East,, Mumbai, Maharashtra, 400057.

  • When was Rac It Solutions Private Limited incorporated?

    Rac It Solutions Private Limited was incorporated on 08 April 2008.

  • Who are the current directors of Rac It Solutions Private Limited?

    The current directors of Rac It Solutions Private Limited are

  • What is the primary industry of Rac It Solutions Private Limited?

    The primary industry of Rac It Solutions Private Limited is Information And Communication.

  • Is Rac It Solutions Private Limited a listed company?

    Rac It Solutions Private Limited is unlisted.

  • What is the capital structure of Rac It Solutions Private Limited?

    The authorized capital of Rac It Solutions Private Limited is ₹10.00 Cr, and the paid-up capital is ₹4.96 Cr.

  • What is the compliance status of Rac It Solutions Private Limited?

    The compliance status of Rac It Solutions Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial