About Ralin Network Services Private Limited
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Ralin Network Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 September 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2011PTC222502. Its GSTIN is 27AAFCR5081A1ZL (Maharashtra).
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was led by directors Sudhir Anant Patil and Veena Sudhir Patil.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Office No. 704 Neelkanth Corporate IT Park Kirol Road Vidyavihar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2024, the company reported a revenue of ₹952.05 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 0.1%) and EBITDA of ₹18.02 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years and 3% over five years.
Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹22.5 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹65 Lakh; the latest was in March 2015.
The last known website on record is veenaworld.com.
Company details
Contact details
Ralin Network Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is veenaworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 704 Neelkanth Corporate IT Park Kirol Road Vidyavihar West, Mumbai, Maharashtra, India – 400086
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ralin Network Services 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
Financials of Ralin Network Services Private Limited
FY 2024 filings availableRalin Network Services Private Limited reported revenue of ₹952.05 Cr (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 69% growth in the latest year. EBITDA fell 67% 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 | ₹18.02 Cr | ||||
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| Net Profit (PAT) | ₹1.05 Cr | ||||
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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 | 1.9% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Ralin Network Services Private Limited, buy the company report.
Board of directors of Ralin Network Services Private Limited
Ralin Network Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Anant Patil | Director | 28 Sep 2011 | 15 Years 1 Months | As last reported |
| Veena Sudhir Patil | Director | 28 Sep 2011 | 15 Years 1 Months | As last reported |
Auditor
Ralin Network Services Private Limited is audited by C V K & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C V K & ASSOCIATES | FY 2020 | 101745W |
Shareholding
The shareholding of Ralin Network Services Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ralin Network Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2015 | 10589930 | Vasai Vikas Sahakari Bank Ltd | ₹1 Cr | Satisfied | |
| 21 Jan 2014 | 10481721 | Vasai Vikas Sahakari Bank Ltd | ₹7 Cr | Satisfied | |
| 05 Oct 2012 | 10379144 | Kotak Mahindra Bank Limited | ₹7 Cr | Satisfied | |
| 26 Jul 2012 | 10372251 | Vasai Vikas Sahakari Bank Ltd | ₹4 Cr | Satisfied | |
| 16 Dec 2011 | 10325800 | Vasai Vikas Sahakari Bank Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Ralin Network Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ralin Network Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹65 Lakh; the latest was in March 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹65 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ralin Network Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ralin Network Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ralin Network Services has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Blue Cloud Technologies Private Limited | U72900MH2012PTC237923 | |
| Veena Patil Hospitality Private Limited | U93030MH2013PTC243367 |
To see the full group structure of Ralin Network Services Private Limited, buy the company report.
GST
Ralin Network Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR5081A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ralin Network Services Private Limited, buy the company report.
Recent activity
Ralin Network Services Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Sudhir Anant Patil was appointed as Director on 28 Sep 2011.
3 earlier events are in the company report.
Frequently asked questions
Ralin Network Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ralin Network Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 28 September 2011 and is registered under CIN U72200MH2011PTC222502. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ralin Network Services was incorporated on 28 September 2011. It is registered with the Registrar of Companies, Mumbai.
Ralin Network Services had 2 directors:
- Sudhir Anant Patil - Director
- Veena Sudhir Patil - Director
The CIN (Corporate Identification Number) of Ralin Network Services is U72200MH2011PTC222502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ralin Network Services is at Office No. 704 Neelkanth Corporate IT Park Kirol Road Vidyavihar West, Mumbai, Maharashtra, India – 400086.
Ralin Network Services can be reached through the website veenaworld.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Ralin Network Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ralin Network Services is 27AAFCR5081A1ZL, registered in Maharashtra.
Ralin Network Services operated in the information technology industry, in the application development and software solutions segment.
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