About Racketail Solutions and Technologies Private Limited
Data last updated:
Racketail Solutions and Technologies Private Limited is a private limited company based in Karnal, Haryana, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72200HR2016PTC064327. Its GSTIN is 06AAHCR7684P1ZF (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhuri Garg and Rakesh Garg Kumar.
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 # 1601 Sector 4, Karnal, Haryana, India – 132001.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.14 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹23,856 (net margin -2.9%) and EBITDA of -₹5,837 (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 162% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Racketail.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website racketail.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address# 1601 Sector 4, Karnal, Haryana, India – 132001
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Associated Brands with Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies operates one associated brand: Racketail. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IoT, custom software, and digital services for industries worldwide. | racketail.com |
Competitors & Alternatives of Racketail Solutions and Technologies Private Limited
Brands and companies operating in the same space as Racketail Solutions and Technologies Private Limited include Hedgehog lab, AlmavivA, AKQA and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Fresche Solutions | IT services for application modernization and development are offered. | Montreal, Canada | 1976 |
 GlowTouch | Technology services are provided to mid-sized businesses across multiple regions. | Louisville, United States | 2002 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
 Sierra Atlantic | Offshore enterprise application development and IT consulting services are provided. | Newark, United States | 1993 |
 Sylogist | Software solutions are delivered to public sector and business clients. | Calgary, Canada | 1993 |
 Waracle | Mobile apps and IoT solutions are developed across platforms. | Dundee, United Kingdom | 2007 |
 Brightspot | CMS solutions for digital publishers are provided and managed. | Reston, United States | 2008 |
Business Activity of Racketail Solutions and Technologies Private Limited
The main business activity of Racketail Solutions and Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Auditor Details of Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies Private Limited is audited by KUMAR AVNEET & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR AVNEET & 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 Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Garg Kumar Also directs: Dhanin Solutions Private Limited, Sarus Agro Private Limited | Additional Director | 14 Apr 2023 | 3 Years 5 Months | Current |
| Madhuri Garg Also directs: Dhanin Solutions Private Limited, Sarus Agro Private Limited | Director | 27 May 2016 | 10 Years 4 Months | Current |
Financials of Racketail Solutions and Technologies Private Limited FY 2025 filings available
Racketail Solutions and Technologies Private Limited reported revenue of ₹8.14 Lakh (up 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Racketail Solutions and Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 162% over five years, including 80% growth in the latest year. EBITDA rose 98% 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 Racketail Solutions and Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹5,837 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23,856 | •••• | •••• | •••• | •••• |
| 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 Racketail Solutions and Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.9% | •••• | •••• | •••• | •••• |
| 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 Racketail Solutions and Technologies are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Racketail Solutions and Technologies 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 Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies Private Limited has a workforce of 1 employees as of Apr 06, 2024.
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.
GST Compliance of Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCR7684P1ZF | Haryana | 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.
Credit Ratings, Litigation & Regulatory Alerts for Racketail Solutions and Technologies 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 Racketail Solutions and Technologies 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 Racketail Solutions and Technologies 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.
MCA Filings & Documents of Racketail Solutions and Technologies 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.
Recent Activity on Racketail Solutions and Technologies Private Limited
Frequently Asked Questions about Racketail Solutions and Technologies Private Limited
Racketail Solutions and Technologies is an active private limited company based in Karnal, Haryana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 May 2016 (10+ years old) and is registered under CIN U72200HR2016PTC064327.
Racketail Solutions and Technologies reported revenue of ₹8.14 Lakh for FY 2024 (up 80% YoY).
Racketail Solutions and Technologies has 2 current directors:
- Rakesh Garg Kumar - Additional Director
- Madhuri Garg - Director
Racketail Solutions and Technologies reported a net loss of ₹23,856 (net margin -2.9%) and EBITDA of -₹5,837 (EBITDA margin -0.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Racketail Solutions and Technologies is -21% over three years and 162% over five years. In the latest year (FY 2024) revenue rose 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Racketail Solutions and Technologies is 06AAHCR7684P1ZF, registered in Haryana.
The CIN (Corporate Identification Number) of Racketail Solutions and Technologies is U72200HR2016PTC064327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Racketail Solutions and Technologies was incorporated on 27 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Haryana.
Yes, Racketail Solutions and Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).