Rasme Engineering Services Private Limited

Rasme Engineering Services Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45400KA2019PTC127056 Incorporated 14 August 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2024
₹18.14 Cr
▼ 12% YoY
Net profit · FY 2024
₹7.44 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹27.79 Lakh
EBITDA margin 1.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹71.41 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
28
Provident fund records

About Rasme Engineering Services Private Limited

Data last updated:

Rasme Engineering Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 14 August 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2019PTC127056. Its GSTIN is 29AAJCR7614M1ZP (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Manjunath Pranesharao Sabanis and Venkatesh Hanumanta Rao Kulkarni.

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. 2/1 9th Cross Road Ganesha Block Nandini Layout, Bangalore, Karnataka, India – 560096.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.14 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹7.44 Lakh (net margin 0.4%) and EBITDA of ₹27.79 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 159% over three years.

The company has about 28 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹71.41 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

For more details, the company can be reached via its website rasmeconsultancy.com.

Company Details of Rasme Engineering Services Private Limited
CIN U45400KA2019PTC127056
Registration Number 127056
Incorporation Date 14 August 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No. 2/1 9th Cross Road Ganesha Block Nandini Layout, Bangalore, Karnataka, India – 560096
  • Industry
    Engineering, Engineering Design & Consultancy
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Financials, compliance, directors, charges, ownership and filings for Rasme Engineering Services Private Limited in one report.

Financials from FY 2020 Directors & ownership Charges & compliance

Business Activity of Rasme Engineering Services Private Limited

The main business activity of Rasme Engineering Services is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activitiesLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Rasme Engineering Services Private Limited FY 2024 filings available

Rasme Engineering Services Private Limited reported revenue of ₹18.14 Cr (down 12% YoY) for FY 2024.

Revenue · FY 2024
₹18.14 Cr ▼ 12%
Net profit · FY 2024
₹7.44 Lakh margin 0.4%
EBITDA · FY 2024
₹27.79 Lakh margin 1.5%

Compounded Annual Growth Rate (CAGR) of Rasme Engineering Services Private Limited

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 159%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▲ 77%

Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 159%. EBITDA fell 73% 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 of Rasme Engineering Services Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹27.79 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹7.44 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 of Rasme Engineering Services Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.5%••••••••••••••••
Net Profit Margin0.4%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rasme Engineering Services are in the company report.

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Financial statements from FY 2020

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Peer Comparison of Rasme Engineering Services Private Limited

Rasme Engineering Services Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dhrumik Land Developers Private Limited₹18.45 Cr (FY 2024)••••••••24658.0%••••Rajkot, Gujarat, India
Techfour Engineering Solutions Private Limited₹18.38 Cr (FY 2024)••••••••25.0%••••Delhi, India
Dankuni Projects Limited₹18.35 Cr (FY 2025)••••••••-14.0%••••Kolkata, West Bengal, India
Denso Subros Thermal Engineering Centre India Private Limited₹18.35 Cr (FY 2025)••••••••2.0%••••New Delhi, Delhi, India
RC Design Private Limited₹18.18 Cr (FY 2024)••••••••-62.0%••••Bangalore, Karnataka, India
Rasme Engineering Services Private Limited this company₹18.14 Cr (FY 2024)••••••••-12.0%••••Bangalore, Karnataka, India
Aerocraft Engineering (India) Private Limited₹18.1 Cr (FY 2025)••••••••44.0%••••Gandhinagar, Gujarat, India
Om Steel Solutions Private Limited₹18.01 Cr (FY 2025)••••••••70.0%••••Mumbai, Maharashtra, India
Latyan Infrastructure Private Limited₹17.96 Cr (FY 2025)••••••••3922.0%••••New Delhi, Delhi, India
Virmueller Architects Private Limited₹17.87 Cr (FY 2025)••••••••17.0%••••New Delhi, Delhi, India
Menon Technical Services Private Limited₹17.84 Cr (FY 2025)••••••••57.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Rasme Engineering Services by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Rasme Engineering Services Private Limited

Rasme Engineering Services Private Limited is audited by RVS AND CO for the financial year 2023.

NameStatusAppointment DateCessation Date
RVS AND COLockedLockedLocked
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Board of Directors of Rasme Engineering Services Private Limited

Rasme Engineering Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manjunath Pranesharao SabanisDirector14 Aug 20197 Years 1 MonthsCurrent
Venkatesh Hanumanta Rao KulkarniAdditional Director28 Jan 20251 Years 8 MonthsCurrent

Ownership and Shareholding of Rasme Engineering Services Private Limited

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Charges & Borrowings of Rasme Engineering Services Private Limited

Open charges
₹71.41 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.52 Cr
Hdfc Bank Limited₹0.19 Cr
Latest charge details
DateLenderAmountStatus
11 Jan 2023Hdfc Bank Limited₹19.12 LakhOpen
30 Sep 2021Others₹52.29 LakhOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Rasme Engineering Services Private Limited

Rasme Engineering Services Private Limited has a workforce of 28 employees as of Mar 23, 2024.

Employee count
28
Active EPFO establishments
1
Employee growth
12%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Rasme Engineering Services Private Limited

Rasme Engineering Services Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Mohammed Khaja Hyath Hussain Jeelani ceased to be Director on 31 Jan 2025.

Ceased
Appointed
Venkatesh Hanumanta Rao Kulkarni was appointed as Additional Director.
AGM
Rasme Engineering Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rasme Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Madhu Sudan Nagar ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.12 Lakh with Charge ID 100715785 was registered on 11 Jan 2023.
Charges
A charge with Others of Rs. 52.29 Lakh registered on 30 Sep 2021 with Charge ID 100492317 was modified on 05 Oct 2021.
Charges
A charge with Others amounted to Rs. 52.29 Lakh with Charge ID 100492317 was registered on 30 Sep 2021.
Appointed
Manjunath Pranesharao Sabanis was appointed as Director.
Incorporation
14 Aug 2019
Rasme Engineering Services Private Limited was registered on 14 Aug 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Rasme Engineering Services Private Limited

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MSME Payment Delays by Rasme Engineering Services Private Limited

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Subsidiaries & Group Companies of Rasme Engineering Services Private Limited

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GST Compliance of Rasme Engineering Services Private Limited

Rasme Engineering Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCR7614M1ZPKarnatakaActive06 Dec 2019
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Rasme Engineering Services Private Limited

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Frequently Asked Questions about Rasme Engineering Services Private Limited

Rasme Engineering Services is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 14 August 2019 (7+ years old) and is registered under CIN U45400KA2019PTC127056.

Rasme Engineering Services reported revenue of ₹18.14 Cr for FY 2024 (down 12% YoY).

Rasme Engineering Services has 2 current directors:

Rasme Engineering Services reported a net profit of ₹7.44 Lakh (net margin 0.4%) and EBITDA of ₹27.79 Lakh (EBITDA margin 1.5%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Rasme Engineering Services is 159% over three years. In the latest year (FY 2024) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Rasme Engineering Services is 29AAJCR7614M1ZP, registered in Karnataka.

The CIN (Corporate Identification Number) of Rasme Engineering Services is U45400KA2019PTC127056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rasme Engineering Services has 1 court case on record: 1 filed against it.

Rasme Engineering Services was incorporated on 14 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Rasme Engineering Services by revenue are Dhrumik Land Developers Private Limited, Techfour Engineering Solutions Private Limited, Dankuni Projects Limited, Denso Subros Thermal Engineering Centre India Private Limited, RC Design Private Limited and 5 more, all in the Engineering industry (Engineering Design).

Mohammed Khaja Hyath Hussain Jeelani ceased to be Director on 31 Jan 2025. Venkatesh Hanumanta Rao Kulkarni was appointed as Additional Director on 28 Jan 2025. Madhu Sudan Nagar ceased to be Director on 31 Jan 2024. Rasme Engineering Services has 4 board changes on record in total.

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