About Rainconcert Technologies Private Limited
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Rainconcert Technologies Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2008PTC022270. Its GSTIN is 32AAECR1225M1ZK (Kerala).
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹20.7 Lakh. It is led by directors Vidya Sajithkumar (Managing Director) and Sajith Kumar Kuzhikandathil Vengoli.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 410 4th Floor Thejaswini Technopark Trivandrum, Thiruvananthapuram, Kerala, India – 695581.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.04 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹83.81 Lakh (net margin -27.6%) and EBITDA of -₹47.16 Lakh (EBITDA margin -15.5%).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Rain Concert. As per MCA filings, the company has open charges of ₹85 Lakh and satisfied charges of ₹88.45 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹41.7 Lakh; the latest was in September 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rainconcert.in.
Company details
Contact details
Rainconcert Technologies Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is rainconcert.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address410 4th Floor Thejaswini Technopark Trivandrum, Thiruvananthapuram, Kerala, India – 695581
- IndustryInformation Technology, Application Development & Software Solutions, IT Products Retail & Distribution
To see the full contact details of Rainconcert Technologies Private Limited, buy the company report.
- 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
Brands
Rainconcert Technologies operates one associated brand: Rain Concert. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A web and mobile development company based in Kerala, delivering custom software solutions. | rainconcert.in |
Business activity
The main business activities of Rainconcert Technologies are information and communication and support service to organizations. In detail, this covers other information & communication service activities and security and investigation activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Rainconcert Technologies Private Limited, buy the company report.
Financials of Rainconcert Technologies Private Limited
FY 2017 filings availableRainconcert Technologies Private Limited reported revenue of ₹3.04 Cr (down 15% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹47.16 Lakh | ||
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| Net Profit (PAT) | -₹83.81 Lakh | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -15.5% | ||
| Net Profit Margin | -27.6% | ||
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To see the full financial statements and ratios of Rainconcert Technologies Private Limited, buy the company report.
Board of directors of Rainconcert Technologies Private Limited
Rainconcert Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidya Sajithkumar Also directs: Vsafe Hitech Solutions Private Limited | Managing Director | 09 Jan 2015 | 11 Years 9 Months | Current |
| Sajith Kumar Kuzhikandathil Vengoli Also directs: Vsafe Hitech Solutions Private Limited | Director | 17 Apr 2008 | 18 Years 6 Months | Current |
Auditor
Rainconcert Technologies Private Limited is audited by V SUNOD KUMAR & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SUNOD KUMAR & ASSOCIATES | FY 2015 | 009190S |
Shareholding
The shareholding of Rainconcert Technologies Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rainconcert Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2009 | 10183779 | State Bank of Travancore | ₹85 Lakh | Open | |
| 05 Feb 2015 | 10558594 | State Bank of Travancore | ₹20 Lakh | Satisfied | |
| 19 Feb 2013 | 10417368 | State Bank of Travancore | ₹20 Lakh | Satisfied | |
| 14 Sep 2009 | 10182913 | State Bank of Travancore | ₹41 Lakh | Satisfied | |
| 31 Dec 2008 | 10142583 | State Bank of Travancore | ₹7.45 Lakh | Satisfied |
To see the full charge records of Rainconcert Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Rainconcert Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹41.7 Lakh; the latest was in September 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Funding round | ₹41.7 Lakh | Investors: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rainconcert Technologies Private Limited has 6 court cases on record: 1 filed by Rainconcert Technologies, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Criminal case | Filed against the company by M/S Electronics Technology Parks Kerala | Pending |
| High Court, Kerala | Writ petition | Filed by the company against Employees Provident Fund Organisation, and 1 other | Pending |
| High Court | Writ petition | Filed against the company by individuals | Disposed |
| High Court, Kerala | Court case (AR) | Filed against the company by an individual | Disposed |
| High Court of Kerala | Court case (OP (RC)) | Filed against the company by an individual | Disposed |
To see the full case history of Rainconcert Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rainconcert Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rainconcert Technologies Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Rainconcert Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECR1225M1ZK | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rainconcert Technologies Private Limited, buy the company report.
Recent activity
Rainconcert Technologies Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Abhilash Rajappan Pillai ceased to be Whole-Time Director on 31 Jan 2016.
7 earlier events are in the company report.
Frequently asked questions
Rainconcert Technologies is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 April 2008 (18+ years old) and is registered under CIN U72200KL2008PTC022270.
Rainconcert Technologies has 2 current directors:
- Vidya Sajithkumar - Managing Director
- Sajith Kumar Kuzhikandathil Vengoli - Director
The latest financial statements of Rainconcert Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Rainconcert Technologies is 32AAECR1225M1ZK, registered in Kerala.
The CIN (Corporate Identification Number) of Rainconcert Technologies is U72200KL2008PTC022270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rainconcert Technologies has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Rainconcert Technologies was incorporated on 17 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rainconcert Technologies has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹41.7 Lakh; the latest was in September 2015.
Abhilash Rajappan Pillai ceased to be Whole-Time Director on 31 Jan 2016. Vidya Sajithkumar was appointed as Managing Director on 09 Jan 2015. Vidya Sajithkumar ceased to be Additional Director on 09 Jan 2015. Rainconcert Technologies has 6 board changes on record in total.
Rainconcert Technologies can be reached through the website rainconcert.in. Its registered office is in Thiruvananthapuram, Kerala, India.