Rachit Software Solutions Private Limited

Rachit Software Solutions Private Limited - information technology in Indore, Madhya Pradesh, India. Directors, charges & compliance details.
CIN U72200MP2010PTC023133 Incorporated 25 February 2010 ROC Gwalior HQ Indore, Madhya Pradesh, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2016
₹13.03 Lakh
▲ 39% YoY
Net profit · FY 2016
₹50,255
Net margin 3.9%
EBITDA · FY 2016
₹71,297
EBITDA margin 5.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Rachit Software Solutions Private Limited

Data last updated:

Rachit Software Solutions Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 25 February 2010.

The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2010PTC023133.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Niviya Baid and Ravi Kumar Baid.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at C – 98 Nemi Nagar Jain Colony, Indore, Madhya Pradesh, India – 452009.

As per the financials filed for FY 2016, the company reported a revenue of ₹13.03 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹50,255 (net margin 3.9%) and EBITDA of ₹71,297 (EBITDA margin 5.5%).

The company was associated with 1 brand: RaChiT Software Solutions.

The last known website on record is rachitsoftsol.com.

Company Details of Rachit Software Solutions Private Limited
CIN U72200MP2010PTC023133
Registration Number 023133
Incorporation Date 25 February 2010
ROC Gwalior
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    C – 98 Nemi Nagar Jain Colony, Indore, Madhya Pradesh, India – 452009
  • Industry
    Information Technology, Computer Programming, Consultancy
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Financials, compliance, directors, charges, ownership and filings for Rachit Software Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Rachit Software Solutions Private Limited

The main business activity of Rachit Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Financials of Rachit Software Solutions Private Limited FY 2016 filings available

Rachit Software Solutions Private Limited reported revenue of ₹13.03 Lakh (up 39% YoY) for FY 2016.

Revenue · FY 2016
₹13.03 Lakh ▲ 39%
Net profit · FY 2016
₹50,255 margin 3.9%
EBITDA · FY 2016
₹71,297 margin 5.5%

Compounded Annual Growth Rate (CAGR) of Rachit Software Solutions Private Limited

Revenue CAGR growth
1 year
▲ 39%
EBITDA CAGR growth
1 year
▲ 2%

Revenue rose 39% in the latest year. EBITDA rose 2% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Rachit Software Solutions Private Limited

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA₹71,297••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹50,255••••
Balance Sheet
Share Capital••••••••
Reserves and Surplus••••••••
Net Worth (Total Equity)••••••••
Long-term Borrowings••••••••
Short-term Borrowings••••••••
Trade Payables••••••••
Total Liabilities••••••••
Fixed Assets••••••••
Investments••••••••
Inventories••••••••
Trade Receivables••••••••
Cash and Bank Balance••••••••
Total Assets••••••••

Financial Ratios of Rachit Software Solutions Private Limited

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin5.5%••••
Net Profit Margin3.9%••••
Return on Equity (ROE)••••••••
Return on Capital Employed (ROCE)••••••••
Return on Assets (ROA)••••••••
Liquidity and Debt
Current Ratio••••••••
Quick Ratio••••••••
Debt-to-Equity Ratio••••••••
Interest Coverage Ratio••••••••
Efficiency and Growth
Asset Turnover••••••••
Receivable Days••••••••
Payable Days••••••••
Inventory Days••••••••
Revenue Growth••••••••
Net Profit Growth••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rachit Software Solutions are in the company report.

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Financial statements from 2015

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Peer Comparison of Rachit Software Solutions Private Limited

Rachit Software Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Igent Digital Solutions Private Limited₹13.06 Lakh (FY 2025)••••••••-56.0%••••Ghaziabad, Uttar Pradesh, India
Ferill Dynamics Private Limited₹13.05 Lakh (FY 2024)••••••••5.0%••••Bangalore, Karnataka, India
Lifex Technologies India Private Limited₹13.05 Lakh (FY 2025)••••••••-25.0%••••Bengaluru, Karnataka, India
Bvokal Technologies Private Limited₹13.04 Lakh (FY 2025)••••••••••••New Delhi, Delhi, India
Balaji Softwares Solutions Private Limited₹13.04 Lakh (FY 2025)••••••••57.0%••••New Delhi, Delhi, India
Rachit Software Solutions Private Limited this company₹13.03 Lakh (FY 2016)••••••••39.0%••••Indore, Madhya Pradesh, India
Stevia Technologies Private Limited₹13.03 Lakh (FY 2025)••••••••14.0%••••Ferozepur, Punjab, India
Cybros Infotech Private Limited₹13.03 Lakh (FY 2025)••••••••15809578.0%••••Bangalore, Karnataka, India
Calverts Digital Technology Private Limited₹13.02 Lakh (FY 2025)••••••••26040600.0%••••Bishnupur, West Bengal, India
Edynamics Tech Solutions Private Limited₹13.02 Lakh (FY 2024)••••••••-71.0%••••Pune, Maharashtra, India
Idea Lab (India) Private Limited₹13.01 Lakh (FY 2025)••••••••-10.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Rachit Software Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Rachit Software Solutions Private Limited

Rachit Software Solutions has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Niviya BaidDirector25 Feb 201016 Years 7 MonthsAs last reported
Ravi Kumar BaidDirector25 Feb 201016 Years 7 MonthsAs last reported

Charges & Borrowings of Rachit Software Solutions Private Limited

Rachit Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Rachit Software Solutions Private Limited

Rachit Software Solutions operates one associated brand: RaChiT Software Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Offers custom IT solutions development and implementation for businesses.rachitsoftsol.com

Employees and EPFO Compliance at Rachit Software Solutions Private Limited

Employment history and EPFO contributions of people linked to Rachit Software Solutions.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Rachit Software Solutions Private Limited

Rachit Software Solutions Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Niviya Baid was appointed as Director on 25 Feb 2010.

AGM
Rachit Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Rachit Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Gwalior.
Appointed
Niviya Baid was appointed as Director.
Appointed
Ravi Kumar Baid was appointed as Director.
Incorporation
25 Feb 2010
Rachit Software Solutions Private Limited was registered on 25 Feb 2010 with Roc Gwalior & aged 16 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Rachit Software Solutions Private Limited

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MSME Payment Delays by Rachit Software Solutions Private Limited

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Subsidiaries & Group Companies of Rachit Software Solutions Private Limited

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GST Compliance of Rachit Software Solutions Private Limited

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MCA Filings & Documents of Rachit Software Solutions Private Limited

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Frequently Asked Questions about Rachit Software Solutions Private Limited

Rachit Software Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Rachit Software Solutions was a private limited company based in Indore, Madhya Pradesh, India. The company worked in computer programming, within the information technology industry. It was incorporated on 25 February 2010 and is registered under CIN U72200MP2010PTC023133. The company has been struck off by the Registrar of Companies and is no longer operational.

Rachit Software Solutions had 2 directors:

The CIN (Corporate Identification Number) of Rachit Software Solutions is U72200MP2010PTC023133. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Rachit Software Solutions is at C – 98 Nemi Nagar Jain Colony, Indore, Madhya Pradesh, India – 452009.

Rachit Software Solutions was incorporated on 25 February 2010. It is registered with the Registrar of Companies, Gwalior.

Rachit Software Solutions can be reached through the website rachitsoftsol.com. Its registered office is in Indore, Madhya Pradesh, India.

Rachit Software Solutions reported revenue of ₹13.03 Lakh for FY 2016 (up 39% YoY).

Rachit Software Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Rachit Software Solutions reported a net profit of ₹50,255 (net margin 3.9%) and EBITDA of ₹71,297 (EBITDA margin 5.5%) for FY 2016, as per its filed financial statements.

Rachit Software Solutions operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.

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