About Rakya Technologies Private Limited
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Rakya Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC041334. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.54 Lakh. It is led by directors Yogesh Sharadchandra Kadalgikar and Chetan Chandrashekar Patil.
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 No. 43 Ground Floor 6th Cross Sharadamba Nagar Chandrappa Badawane Jalahalli Village, Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.58 Lakh (net margin 70%) and EBITDA of ₹19.99 Lakh (EBITDA margin 84.4%). Revenue has grown at a compounded annual rate (CAGR) of 202% over three years and 20% over five years.
The company is associated with 1 brand: Rakya. As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 8 deals on record (6 rights issues, 2 funding rounds), with disclosed funding of ₹30 Lakh; the latest was in February 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rakya.com.
Company details
Contact details
Rakya Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is rakya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 43 Ground Floor 6th Cross Sharadamba Nagar Chandrappa Badawane Jalahalli Village, Bangalore, Karnataka, India – 560013
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Rakya 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
Business activity
The main business activity of Rakya Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Rakya Technologies Private Limited, buy the company report.
Financials of Rakya Technologies Private Limited
FY 2024 filings availableRakya Technologies Private Limited reported revenue of ₹23.69 Lakh (up 580% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 580% growth in the latest year. EBITDA rose 723% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.99 Lakh | ||||
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| Net Profit (PAT) | ₹16.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 84.4% | ||||
| Net Profit Margin | 70% | ||||
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To see the full financial statements and ratios of Rakya Technologies Private Limited, buy the company report.
Board of directors of Rakya Technologies Private Limited
Rakya Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Sharadchandra Kadalgikar | Director | 29 Dec 2006 | 19 Years 10 Months | Current |
| Chetan Chandrashekar Patil Also directs: Enimorro LLP | Director | 29 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Rakya Technologies Private Limited is audited by P S S B & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S S B & ASSOCIATES | FY 2019 | 015198S |
Shareholding
The shareholding of Rakya Technologies Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rakya Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2011 | 10368806 | State Bank of India | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Rakya Technologies Private Limited has 8 deals on record (6 rights issues, 2 funding rounds), with disclosed funding of ₹30 Lakh; the latest was in February 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Rights issue | ₹5 Lakh | Investors: an individual |
| Dec 2015 | Rights issue | ₹30 Lakh | Investors: 2 individuals |
| Nov 2015 | Rights issue | ₹20 Lakh | Investors: 2 individuals |
| Aug 2015 | Rights issue | ₹2 Lakh | Investors: 4 individuals |
| Apr 2015 | Rights issue | ₹40,000 | Investors: 3 individuals |
To see the full deal history of Rakya Technologies 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
Rakya Technologies Private Limited has 3 court cases on record: 1 filed by Rakya Technologies, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against State of Karnataka and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Rakya 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 Rakya Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rakya Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rakya Technologies Private Limited, buy the company report.
Recent activity
Rakya Technologies Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Chetan Chandrashekar Patil was appointed as Director on 29 Dec 2006.
Frequently asked questions
Rakya Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 December 2006 (20+ years old) and is registered under CIN U72200KA2006PTC041334.
Rakya Technologies has 2 current directors:
- Yogesh Sharadchandra Kadalgikar - Director
- Chetan Chandrashekar Patil - Director
The latest financial statements of Rakya Technologies 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 2015 are in the company report.
No. Rakya Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rakya Technologies is U72200KA2006PTC041334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rakya Technologies has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Rakya Technologies was incorporated on 29 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Rakya Technologies has 8 deals on record (6 rights issues, 2 funding rounds), with disclosed funding of ₹30 Lakh; the latest was in February 2017.
Chetan Chandrashekar Patil was appointed as Director on 29 Dec 2006. Yogesh Sharadchandra Kadalgikar was appointed as Director on 29 Dec 2006.
Rakya Technologies can be reached through the website rakya.com. Its registered office is in Bangalore, Karnataka, India.
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