MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0044988
Rakon India Private Limited - information technology in Devanahalli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹96.03 Cr
▼ 34% YoY
Net loss · FY 2025
₹7.9 Cr
Net margin -8.2%
EBITDA · FY 2025
₹3.9 Cr
EBITDA margin 4.1%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹5.6 Cr
Issued & subscribed
Open charges
₹42.2 Cr
Satisfied ₹45.5 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
362
Provident fund records
About Rakon India Private Limited
Data last updated:
Rakon India Private Limited is a private limited company based in Devanahalli, Karnataka, India, a subsidiary of Rakon Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 17 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32109KA2007PTC044692. Its GSTIN is 29AADCC2533L2ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.6 Cr. It was formerly known as Centum Frequency Products Private Limited and Centum Rakon India Private Limited. It is led by directors including Arun Mukund Parasnis (Managing Director) and Brent John Robinson.
Its last annual general meeting (AGM) was held on 05 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Aerospace Park, Devanahalli, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.03 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹7.9 Cr (net margin -8.2%) and EBITDA of ₹3.9 Cr (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 362 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Estrakon and Rakon. As per MCA filings, the company has open charges of ₹42.2 Cr and satisfied charges of ₹45.5 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹26.59 Cr; the latest was in November 2021. Its 3 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 smaller; the largest is Chavare Engineering Private Limited with revenue of ₹95.52 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 95 overdue payments to 26 micro and small suppliers.
Rakon India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0044988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rakon.com.
Company details
CIN U32109KA2007PTC044692
Registration Number 044692
Incorporation Date 17 December 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Rakon Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0044988
Name history
Rakon India has undergone 2 name changes throughout its history. The company was previously known as Centum Frequency Products Private Limited, and Centum Rakon India Private Limited. The current legal name is Rakon India Private Limited.
| Company Name | Status |
|---|---|
| Rakon India Private Limited | Current |
| Centum Frequency Products Private Limited | Previous |
| Centum Rakon India Private Limited | Previous |
Key People
Arun Mukund Parasnis Managing Director Brent John Robinson Director Palakkal Unnikrishnan Mavilavalappil Director Recognitions & Rankings of Rakon India
Contact details
Rakon India Private Limited's registered office is in Devanahalli, Karnataka. Its website is rakon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 9 Aerospace SEZ Hitech Defence & Aerospace Park, KIADB Industrial Area, Devanahalli, Karnataka, India – 562110
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Rakon India Private Limited, buy the company report.
Comprehensive company report
Rakon India 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
Rakon India operates two associated brands: Estrakon and Rakon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers advanced LED-based display technology solutions for various applications. | estrakon.com | |
| Frequency control products are manufactured by Rakon for global markets. | rakon.com |
Business activity
The main business activity of Rakon India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Rakon India Private Limited, buy the company report.
Financials of Rakon India Private Limited
FY 2024 filings availableRakon India Private Limited reported revenue of ₹96.03 Cr (down 34% YoY) for FY 2025.
Revenue · FY 2025
₹96.03 Cr ▼ 34%
Net loss · FY 2025
₹7.9 Cr margin -8.2%
EBITDA · FY 2025
₹3.9 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 9%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 37%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 34% fall in the latest year. EBITDA fell 71% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹3.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.9 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | -8.2% | ||||
| 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 Rakon India Private Limited, buy the company report.
Board of directors of Rakon India Private Limited
Rakon India has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Mukund Parasnis | Managing Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Brent John Robinson | Director | 25 Mar 2008 | 18 Years 7 Months | Current |
| Palakkal Unnikrishnan Mavilavalappil | Director | 02 May 2018 | 8 Years 6 Months | Current |
Peer comparison
Rakon India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rakon India Private Limitedthis company | ₹96.03 Cr (FY 2025) | -₹7.9 Cr | -8.2% | -34.0% | 362 | Devanahalli, Karnataka, India |
| Chavare Engineering Private Limited | ₹95.52 Cr (FY 2025) | 2.0% | Dombivli, Maharashtra, India | |||
| Surbhi Satcom Private Limited | ₹95.43 Cr (FY 2025) | -22.0% | Delhi, India | |||
| Adarsha Control & Automation Private Limited | ₹94.96 Cr (FY 2024) | 53.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Rakon India Private Limited, buy the company report.
Auditor
Rakon India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2024 | 012754N/N500016 |
Shareholding
The shareholding of Rakon India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rakon India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.2 Cr
Satisfied charges
₹45.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2023 | 100937575 | Hdfc Bank Limited | ₹22 Cr | Open | |
| 31 Dec 2023 | 100924948 | Hdfc Bank Limited | ₹20.2 Cr | Open | |
| 09 Mar 2012 | 10342537 | Export-Import Bank of India | ₹10.5 Cr | Satisfied | |
| 27 May 2011 | 10289895 | Citi Bank N.A. | ₹20 Cr | Satisfied | |
| 17 Sep 2008 | 10124041 | State Bank of India | ₹15 Cr | Satisfied |
To see the full charge records of Rakon India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Rakon India Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹26.59 Cr; the latest was in November 2021.
Total deals
6
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹26.59 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Rakon Limited Seller: Rakon Mauritius Limited |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Rakon International Limited, Rakon Limited Seller: Centum Electronics Limited , an individual |
| Feb 2018 | Acquisition | ₹35.57 Cr | Buyer: Rakon Ltd. Seller: Centum Electronics Limited |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: Centum Electronics Limited , an individual Seller: 2 individuals |
| Mar 2008 | Funding round | ₹2.85 Cr | Investors: Centum Electronics Limited |
To see the full deal history of Rakon India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rakon India Private Limited has 8 court cases on record: 7 filed by Rakon India, 1 filed against it. All cases are disposed.
Total cases
8
Filed by the company
7
Filed against the company
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against M/S Fibcom India Ltd | Disposed |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Rakon India 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
Rakon India Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 95 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Sicgil Industrial Gases Limited | |||
| Mesprosoft Private Limited | |||
| Conscientia Consultancy Private Limited |
To see the full MSME payment records of Rakon India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rakon India Private Limited has a workforce of 362 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
362
Active EPFO establishments
1
Employee growth
13.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 362 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rakon India Private Limited, buy the company report.
GST
Rakon India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC2533L2ZJ | Karnataka | Active | 19 May 2021 |
To see the full GST registrations and return filing status of Rakon India Private Limited, buy the company report.
Recent activity
Rakon India Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Palakkal Unnikrishnan Mavilavalappil ceased to be Manager on 10 Aug 2020.
AGM
Rakon India Private Limited last Annual general meeting of members was held on 05 Nov 2024 as per latest MCA records.
Filing
Rakon India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 17 Sep 2008 via Charge ID 10124041 with State Bank Of India was fully satisfied on 20 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.00 Cr with Charge ID 100937575 was registered on 31 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.20 Cr with Charge ID 100924948 was registered on 31 Dec 2023.
Charges
A charge with State Bank Of India of Rs. 15.00 Cr registered on 17 Sep 2008 with Charge ID 10124041 was modified on 25 Mar 2022.
Ceased
Palakkal Unnikrishnan Mavilavalappil ceased to be Manager.
Ceased
Cliffford William Michael Hand ceased to be Director.
Appointed
Arun Mukund Parasnis was appointed as Managing Director.
Ceased
Bryan William Mogridge ceased to be Additional Director.
Charges
A charge registered on 27 May 2011 via Charge ID 10289895 with Citi Bank N.A. was fully satisfied on 10 May 2018.
Ceased
Apparao Venkata Mallavarapu ceased to be Director.
14 earlier events are in the company report.
News
Frequently asked questions
Rakon India is an active private limited company based in Devanahalli, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 17 December 2007 (19+ years old) and is registered under CIN U32109KA2007PTC044692.
Rakon India has 3 current directors:
- Arun Mukund Parasnis - Managing Director
- Brent John Robinson - Director
- Palakkal Unnikrishnan Mavilavalappil - Director
The latest financial statements of Rakon India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 05 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rakon India is 29AADCC2533L2ZJ, registered in Karnataka. 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 Rakon India is U32109KA2007PTC044692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rakon India has 8 court cases on record: 7 filed by the company and 1 filed against it. Most are in the district courts.
Rakon India was incorporated on 17 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Rakon India has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹26.59 Cr; the latest was in November 2021.
The peers of Rakon India by revenue are Chavare Engineering Private Limited, Surbhi Satcom Private Limited, Adarsha Control & Automation Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Palakkal Unnikrishnan Mavilavalappil ceased to be Manager on 10 Aug 2020. Cliffford William Michael Hand ceased to be Director on 13 Feb 2020. Arun Mukund Parasnis was appointed as Managing Director on 30 Sep 2019. Rakon India has 13 board changes on record in total.
Yes, Rakon India is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0044988).
Rakon India has 11 MSME Form 1 returns on record between 2019 and 2024, listing 95 overdue payments to 26 micro and small suppliers. The latest return was filed on 12 Apr 2024.
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