MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0017013
Raccon Utility Services Private Limited - business outsourcing in Anklesvar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46 Cr
▲ 68% YoY
Net profit · FY 2025
₹2.64 Cr
Net margin 5.7%
EBITDA · FY 2025
₹3.92 Cr
EBITDA margin 8.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹32.98 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
720
Provident fund records
About Raccon Utility Services Private Limited
Data last updated:
Raccon Utility Services Private Limited is a private limited company based in Anklesvar, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 20 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74993GJ2021PTC120441. Its GSTIN is 24AAKCR8135Q1ZO (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Binduben Patel and Drupad Ghanshyam Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Com. Plot – 10/C Tf – 16 17 18 Silver Plaza GIDC, Anklesvar, Gujarat, India – 393002.
As per the financials filed for FY 2025, the company reported a revenue of ₹46 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹2.64 Cr (net margin 5.7%) and EBITDA of ₹3.92 Cr (EBITDA margin 8.5%). Revenue has grown at a compounded annual rate (CAGR) of 437% over three years.
The company has about 720 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.98 Lakh on record.
Raccon Utility Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0017013). For more details, the company can be reached via its website racconservices.in.
Company details
CIN U74993GJ2021PTC120441
Registration Number 120441
Incorporation Date 20 February 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-06-0017013
Recognitions & Rankings of Raccon Utility Services
Contact details
Raccon Utility Services Private Limited's registered office is in Anklesvar, Gujarat. Its website is racconservices.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCom. Plot – 10/C Tf – 16 17 18 Silver Plaza GIDC, Anklesvar, Gujarat, India – 393002
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Raccon Utility Services Private Limited, buy the company report.
Comprehensive company report
Raccon Utility Services Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Raccon Utility Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Raccon Utility Services Private Limited, buy the company report.
Financials of Raccon Utility Services Private Limited
FY 2025 filings availableRaccon Utility Services Private Limited reported revenue of ₹46 Cr (up 68% YoY) for FY 2025.
Revenue · FY 2025
₹46 Cr ▲ 68%
Net profit · FY 2025
₹2.64 Cr margin 5.7%
EBITDA · FY 2025
₹3.92 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 437%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 817%
Revenue has grown at a compounded annual rate (CAGR) of 437% over three years, including 68% growth in the latest year. EBITDA rose 61% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.92 Cr | ||||
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| Net Profit (PAT) | ₹2.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Raccon Utility Services Private Limited, buy the company report.
Board of directors of Raccon Utility Services Private Limited
Raccon Utility Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binduben Patel Also directs: Raccon Agni Services LLP | Director | 20 Feb 2021 | 5 Years 8 Months | Current |
| Drupad Ghanshyam Patel Also directs: Chlorchem Solutions Private Limited | Director | 20 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Raccon Utility Services Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DNT Developers Private Limited | ₹46.22 Cr (FY 2025) | 42.0% | Delhi, India | |||
| Sunrise Facilitators Private Limited | ₹46.1 Cr (FY 2025) | -15.0% | Chandigarh, India | |||
| Asquare HR Solutions Private Limited | ₹46.09 Cr (FY 2025) | 56.0% | Pune, Maharashtra, India | |||
| Raccon Utility Services Private Limitedthis company | ₹46 Cr (FY 2025) | ₹2.64 Cr | 5.7% | 68.0% | 720 | Anklesvar, Gujarat, India |
| Simho HR Services Private Limited | ₹45.8 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Raccon Utility Services Private Limited, buy the company report.
Auditor
Raccon Utility Services Private Limited is audited by Baxi & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Baxi & Company | FY 2023 | 125275W |
Shareholding
The shareholding of Raccon Utility Services Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Raccon Utility Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.98 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2025 | 101057214 | Hdfc Bank Limited | ₹27.08 Lakh | Open | |
| 12 Aug 2022 | 100644362 | Hdfc Bank Limited | ₹5.9 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Raccon Utility Services 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 Raccon Utility Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raccon Utility Services Private Limited has a workforce of 720 employees on its EPFO records as of Mar 24, 2024, across 3 active EPFO establishments.
Employee count
720
Active EPFO establishments
3
Employee growth
155.32%
GST
Raccon Utility Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCR8135Q1ZO | Gujarat | Active | 08 Mar 2021 |
To see the full GST registrations and return filing status of Raccon Utility Services Private Limited, buy the company report.
Recent activity
Raccon Utility Services Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Binduben Patel was appointed as Director on 20 Feb 2021.
AGM
Raccon Utility Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Raccon Utility Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.08 Lakh with Charge ID 101057214 was registered on 01 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.90 Lakh with Charge ID 100644362 was registered on 12 Aug 2022.
Appointed
Binduben Patel was appointed as Director.
Appointed
Drupad Ghanshyam Patel was appointed as Director.
Incorporation
20 Feb 2021
Raccon Utility Services Private Limited was registered on 20 Feb 2021 with Roc Ahmedabad & aged 5 years 8 months as per MCA records.
Frequently asked questions
Raccon Utility Services is an active private limited company based in Anklesvar, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 20 February 2021 (5+ years old) and is registered under CIN U74993GJ2021PTC120441.
Raccon Utility Services has 2 current directors:
- Binduben Patel - Director
- Drupad Ghanshyam Patel - Director
The latest financial statements of Raccon Utility Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Raccon Utility Services is 24AAKCR8135Q1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Raccon Utility Services is U74993GJ2021PTC120441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raccon Utility Services was incorporated on 20 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Raccon Utility Services by revenue are DNT Developers Private Limited, Sunrise Facilitators Private Limited, Asquare HR Solutions Private Limited, Simho HR Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Binduben Patel was appointed as Director on 20 Feb 2021. Drupad Ghanshyam Patel was appointed as Director on 20 Feb 2021.
Yes, Raccon Utility Services is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0017013).
Raccon Utility Services can be reached through the website racconservices.in. Its registered office is in Anklesvar, Gujarat, India.
The registered office of Raccon Utility Services is at Com. Plot – 10C Tf – 16 17 18 Silver Plaza GIDC, Anklesvar, Gujarat, India – 393002.
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