MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0167824
Race Ahead IT Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.22 Cr
▼ 1% YoY
Net profit · FY 2025
₹18.48 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹49.3 Lakh
EBITDA margin 2.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Race Ahead IT Solutions Private Limited
Data last updated:
Race Ahead IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC148846. Its GSTIN is 29AALCR0902Q1ZU (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Cecil Godwin Rajsingh Charles and Khaderbatcha Bashirahamed Rajthilak Rashid.
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 E1201 Shriram Signiaa Neeladri Road Electronic City Phase 1, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.22 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹18.48 Lakh (net margin 1.1%) and EBITDA of ₹49.3 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years.
Race Ahead IT Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0167824). For more details, the company can be reached via its website raceaheadit.com.
Company details
CIN U72900KA2021PTC148846
Registration Number 148846
Incorporation Date 28 June 2021
ROC Bangalore
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-KR-03-0167824
Key People
Cecil Godwin Rajsingh Charles Director Khaderbatcha Bashirahamed Rajthilak Rashid Director Recognitions & Rankings of Race Ahead IT Solutions
Contact details
Race Ahead IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is raceaheadit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE1201 Shriram Signiaa Neeladri Road Electronic City Phase 1, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Race Ahead IT Solutions Private Limited, buy the company report.
Comprehensive company report
Race Ahead IT Solutions 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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Business activity
The main business activity of Race Ahead IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Race Ahead IT Solutions Private Limited, buy the company report.
Financials of Race Ahead IT Solutions Private Limited
FY 2025 filings availableRace Ahead IT Solutions Private Limited reported revenue of ₹17.22 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹17.22 Cr ▼ 1%
Net profit · FY 2025
₹18.48 Lakh margin 1.1%
EBITDA · FY 2025
₹49.3 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 137%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 102%
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 137%. EBITDA fell 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 |
|---|---|---|---|---|
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| Revenue from Operations | ||||
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| Total Expenses | ||||
| EBITDA | ₹49.3 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹18.48 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.9% | |||
| Net Profit Margin | 1.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Race Ahead IT Solutions Private Limited, buy the company report.
Board of directors of Race Ahead IT Solutions Private Limited
Race Ahead IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cecil Godwin Rajsingh Charles | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
| Khaderbatcha Bashirahamed Rajthilak Rashid | Director | 28 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Race Ahead IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dupro Consultants Private Limited | ₹17.27 Cr (FY 2024) | -33.0% | Chennai, Tamil Nadu, India | |||
| Quantum Phinance Consulting Private Limited | ₹17.26 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Onehouse India Private Limited | ₹17.24 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Navikenz India Private Limited | ₹17.23 Cr (FY 2024) | 48.0% | Noida, Uttar Pradesh, India | |||
| Appitsimple Infotek Private Limited | ₹17.22 Cr (FY 2025) | -41.0% | Ahmedabad, Gujarat, India | |||
| Race Ahead IT Solutions Private Limitedthis company | ₹17.22 Cr (FY 2025) | ₹18.48 Lakh | 1.1% | -1.0% | Bangalore, Karnataka, India | |
| Boosters Consultancy & Services Private Limited | ₹17.2 Cr (FY 2020) | 964.0% | Delhi, India | |||
| Exa India Private Limited | ₹17.2 Cr (FY 2016) | 2.0% | Mumbai, Maharashtra, India | |||
| HPD Designing Consultants Private Limited | ₹17.19 Cr (FY 2025) | 52.0% | Pune, Maharashtra, India | |||
| Mikroz Infosecurity Private Limited | ₹17.19 Cr (FY 2025) | 115.0% | New Delhi, Delhi, India | |||
| Iqgateway Private Limited | ₹17.19 Cr (FY 2024) | 44.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Race Ahead IT Solutions Private Limited, buy the company report.
Auditor
Race Ahead IT Solutions Private Limited is audited by BALAKRISHNA AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALAKRISHNA AND CO | FY 2022 | 004835S |
Shareholding
The shareholding of Race Ahead IT Solutions Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Race Ahead IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Race Ahead IT Solutions 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 Race Ahead IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Race Ahead IT Solutions Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Race Ahead IT Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCR0902Q1ZU | Karnataka | Active | 02 Aug 2021 |
| 33AALCR0902Q1Z5 | Tamil Nadu | Active | 17 Jan 2023 |
To see the full GST registrations and return filing status of Race Ahead IT Solutions Private Limited, buy the company report.
Recent activity
Race Ahead IT Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Cecil Godwin Rajsingh Charles was appointed as Director on 28 Jun 2021.
AGM
Race Ahead It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Race Ahead It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Cecil Godwin Rajsingh Charles was appointed as Director.
Appointed
Khaderbatcha Bashirahamed Rajthilak Rashid was appointed as Director.
Incorporation
28 Jun 2021
Race Ahead It Solutions Private Limited was registered on 28 Jun 2021 with Roc Bangalore & aged 5 years 4 months as per MCA records.
Frequently asked questions
Race Ahead IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 June 2021 (5+ years old) and is registered under CIN U72900KA2021PTC148846.
Race Ahead IT Solutions has 2 current directors:
- Cecil Godwin Rajsingh Charles - Director
- Khaderbatcha Bashirahamed Rajthilak Rashid - Director
The latest financial statements of Race Ahead IT Solutions 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 2022 are in the company report.
The GSTIN of Race Ahead IT Solutions is 29AALCR0902Q1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AALCR0902Q1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Race Ahead IT Solutions is U72900KA2021PTC148846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Race Ahead IT Solutions was incorporated on 28 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Race Ahead IT Solutions by revenue are Dupro Consultants Private Limited, Quantum Phinance Consulting Private Limited, Onehouse India Private Limited, Navikenz India Private Limited, Appitsimple Infotek Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Cecil Godwin Rajsingh Charles was appointed as Director on 28 Jun 2021. Khaderbatcha Bashirahamed Rajthilak Rashid was appointed as Director on 28 Jun 2021.
Yes, Race Ahead IT Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0167824).
Race Ahead IT Solutions can be reached through the website raceaheadit.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Race Ahead IT Solutions is at E1201 Shriram Signiaa Neeladri Road Electronic City Phase 1, Bangalore, Karnataka, India – 560100.
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