Rainet Technology Private Limited

Rainet Technology Private Limited - information technology in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74999UP2020PTC131269 Incorporated 20 July 2020 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2024
₹15.13 Cr
▲ 918% YoY
Net profit · FY 2024
₹43.92 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹76.94 Lakh
EBITDA margin 5.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Rainet Technology Private Limited

Data last updated:

Rainet Technology Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2020PTC131269. Its GSTIN is 09AAKCR2833F1ZA (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rishikesh Rai and Manoranjan Kumar Rai.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Noida, Uttar Pradesh.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.92 Lakh (net margin 2.9%) and EBITDA of ₹76.94 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 452% over three years.

The company is associated with 2 brands: Kindent Business Solutions and ClicknCash. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.

Rainet Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0006617). For more details, the company can be reached via its website rainettechnology.com.

Company details

CIN U74999UP2020PTC131269
Registration Number 131269
Incorporation Date 20 July 2020
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0006617

Recognitions & Rankings of Rainet Technology

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-28-0006617

Contact details

Rainet Technology Private Limited's registered office is in Noida, Uttar Pradesh. Its website is rainettechnology.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    B – 78 First Floor, Transport Nagar Sector – 69, Noida, Uttar Pradesh, India – 201301
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Rainet Technology Private Limited, buy the company report.

Comprehensive company report
Rainet Technology 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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Brands

Rainet Technology operates two associated brands: Kindent Business Solutions and ClicknCash. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers white-labeled open banking API solutions for merchants.kindentsolutions.in
Offers comprehensive solutions for application, e-commerce development, digital marketing, SMM, and SEO services.clickncash.in

Business activity

The main business activity of Rainet Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Rainet Technology Private Limited, buy the company report.

Financials of Rainet Technology Private Limited

FY 2024 filings available

Rainet Technology Private Limited reported revenue of ₹15.13 Cr (up 918% YoY) for FY 2024.

Revenue · FY 2024
₹15.13 Cr ▲ 918%
Net profit · FY 2024
₹43.92 Lakh margin 2.9%
EBITDA · FY 2024
₹76.94 Lakh margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 918%
3 years · compounded
▲ 452%
EBITDA CAGR growth
1 year
▲ 288%
3 years · compounded
▲ 131%

Revenue has grown at a compounded annual rate (CAGR) of 452% over three years, including 918% growth in the latest year. EBITDA rose 288% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹76.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.92 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.1%
Net Profit Margin2.9%
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

To see the full financial statements and ratios of Rainet Technology Private Limited, buy the company report.

Board of directors of Rainet Technology Private Limited

Rainet Technology has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rishikesh RaiDirector20 Jul 20206 Years 3 MonthsCurrent
Manoranjan Kumar RaiDirector17 Mar 20233 Years 7 MonthsCurrent

Peer comparison

Rainet Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Less Carbon Technologies Private Limited₹15.16 Cr (FY 2025)64.0%Bangalore, Karnataka, India
S3v Vascular Technologies Limited₹15.15 Cr (FY 2024)-20.0%Mysore, Karnataka, India
Hi in Concepts Private Limited₹15.15 Cr (FY 2024)20.0%Hyderabad, Telangana, India
Tripod Software Solutions Private Limited₹15.15 Cr (FY 2024)39.0%Secunderabad, Telangana, India
Knowledgeworks Innovative Linguistic Solutions Private Limited₹15.15 Cr (FY 2025)-17.0%Bengaluru, Karnataka, India
Rainet Technology Private Limitedthis company₹15.13 Cr (FY 2024)₹43.92 Lakh2.9%918.0%Noida, Uttar Pradesh, India
Smartvizs Private Limited₹15.12 Cr (FY 2025)7.0%New Delhi, Delhi, India
Linkmarine Logistic Services Private Limited₹15.11 Cr (FY 2025)42.0%Jodhpur, Rajasthan, India
Grunmech Technologies Private Limited₹15.11 Cr (FY 2024)133.0%Gurgaon, Haryana, India
I P Support Services (India) Pvt Ltd₹15.1 Cr (FY 2018)-39.0%Delhi, India
Molecular Connections Research Private Limited₹15.1 Cr (FY 2025)6.0%Bengaluru, Karnataka, India

To see the full peer comparison of Rainet Technology Private Limited, buy the company report.

Auditor

Rainet Technology Private Limited is audited by D M D AND ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
D M D AND ASSOCIATESFY 2021030443C

Shareholding

The shareholding of Rainet Technology Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Rainet Technology Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rainet Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rainet Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AAKCR2833F1ZAUttar PradeshActive14 Oct 2020

To see the full GST registrations and return filing status of Rainet Technology Private Limited, buy the company report.

Recent activity

Rainet Technology Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Pankaj Kumar ceased to be Director on 29 Mar 2023.

AGM
Rainet Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rainet Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Pankaj Kumar ceased to be Director.
Appointed
Manoranjan Kumar Rai was appointed as Director.
Ceased
Sarim Ali ceased to be Director.
Appointed
Rishikesh Rai was appointed as Director.
Incorporation
20 Jul 2020
Rainet Technology Private Limited was registered on 20 Jul 2020 with Roc Kanpur & aged 6 years 3 months as per MCA records.

Frequently asked questions

Rainet Technology is an active private limited company based in Noida, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U74999UP2020PTC131269.

Rainet Technology has 2 current directors:

The latest financial statements of Rainet Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Rainet Technology is 09AAKCR2833F1ZA, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Rainet Technology is U74999UP2020PTC131269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rainet Technology has 4 court cases on record: 4 filed against it. 4 are pending. Most are in the district courts.

Rainet Technology was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Rainet Technology by revenue are Less Carbon Technologies Private Limited, S3v Vascular Technologies Limited, Hi in Concepts Private Limited, Tripod Software Solutions Private Limited, Knowledgeworks Innovative Linguistic Solutions Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).

Pankaj Kumar ceased to be Director on 29 Mar 2023. Manoranjan Kumar Rai was appointed as Director on 17 Mar 2023. Sarim Ali ceased to be Director on 20 Jul 2021. Rainet Technology has 4 board changes on record in total.

Yes, Rainet Technology is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0006617).

Rainet Technology can be reached through the website rainettechnology.com. Its registered office is in Noida, Uttar Pradesh, India.