About Rack Infotech Private Limited
Data last updated:
Rack Infotech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2011PTC143335. Its GSTIN is 27AAFCR3417C1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prachi Harshal Jadhav and Harshal Pandurang Jadhav.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sr. No. 112/1/2/3 Tanishak Heights Fl No. 401 Renuka Nagar Lane No. 02 Warje, Pune, Maharashtra, India – 411058.
As per the financials filed for FY 2023, the company reported a revenue of ₹34.91 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹1.95 Lakh (net margin -5.6%) and EBITDA of -₹1.8 Lakh (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company is associated with 1 brand: Rack Infotech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rackinfotech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSr. No. 112/1/2/3 Tanishak Heights Fl No. 401 Renuka Nagar Lane No. 02 Warje, Pune, Maharashtra, India – 411058
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Rack Infotech Private Limited
The main business activity of Rack Infotech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rack Infotech Private Limited FY 2023 filings available
Rack Infotech Private Limited reported revenue of ₹34.91 Lakh (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Rack Infotech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 17% fall in the latest year. EBITDA fell 153% 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 of Rack Infotech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹1.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.95 Lakh | •••• | •••• | •••• | •••• |
| 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 Rack Infotech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.6% | •••• | •••• | •••• | •••• |
| 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 Rack Infotech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rack Infotech Private Limited
Rack Infotech Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tetraskelion Softwares Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Brightsword IT Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aiscor Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Netsparx IT Services (India) Private Limited | •••• | •••• | •••• | •••• | - | Panaji, Goa, India |
| Neom Labs Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Rack Infotech Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ram - Nath Technology Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Codes Kube Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Pascon Exports Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Einfachzauberer Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Riddhi Software Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hassan, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Rack Infotech by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rack Infotech Private Limited
Rack Infotech Private Limited is audited by JUGAL DOSHI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JUGAL DOSHI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rack Infotech Private Limited
Rack Infotech has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prachi Harshal Jadhav | Director | 31 Aug 2020 | 6 Years 1 Months | Current |
| Harshal Pandurang Jadhav Also directs: Quiztarget Technology Solutions LLP | Director | 28 Feb 2012 | 14 Years 7 Months | Current |
Ownership and Shareholding of Rack Infotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rack Infotech Private Limited
Rack Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Rack Infotech Private Limited
Rack Infotech operates one associated brand: Rack Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SaaS tools for digital marketing, lead generation, and traffic growth online. | rackinfotech.com |
Employees and EPFO Compliance at Rack Infotech Private Limited
Employment history and EPFO contributions of people linked to Rack Infotech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Rack Infotech Private Limited
Rack Infotech has one previous CIN (Corporate Identification Number): U72900MH2011PTC218841. The current CIN is U72900PN2011PTC143335, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2011PTC143335 | Current |
| U72900MH2011PTC218841 | Previous |
Recent Activity on Rack Infotech Private Limited
Rack Infotech Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Prachi Harshal Jadhav ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Rack Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rack Infotech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rack Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rack Infotech Private Limited
Rack Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR3417C1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rack Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rack Infotech Private Limited
Rack Infotech is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 June 2011 (15+ years old) and is registered under CIN U72900PN2011PTC143335.
Rack Infotech reported revenue of ₹34.91 Lakh for FY 2023 (down 17% YoY).
Rack Infotech has 2 current directors:
- Prachi Harshal Jadhav - Director
- Harshal Pandurang Jadhav - Director
Rack Infotech reported a net loss of ₹1.95 Lakh (net margin -5.6%) and EBITDA of -₹1.8 Lakh (EBITDA margin -5.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rack Infotech is -11% over three years and -9% over five years. In the latest year (FY 2023) revenue fell 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rack Infotech is 27AAFCR3417C1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rack Infotech is U72900PN2011PTC143335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rack Infotech was incorporated on 20 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Rack Infotech by revenue are Tetraskelion Softwares Private Limited, Brightsword IT Services Private Limited, Aiscor Private Limited, Netsparx IT Services (India) Private Limited, Neom Labs Private Limited and 5 more, all in the Information Technology industry (Application Development).
Prachi Harshal Jadhav ceased to be Additional Director on 31 Dec 2020. Prachi Harshal Jadhav was appointed as Director on 31 Aug 2020. Rohan Shirish Chaudhari ceased to be Director on 31 Aug 2020. Rack Infotech has 8 board changes on record in total.
Rack Infotech can be reached through the website rackinfotech.com. Its registered office is in Pune, Maharashtra, India.