Recordent Private Limited - financial services in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U74999TG2018PTC124275 Incorporated 04 May 2018 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company financial services DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹86.56 Lakh
▼ 24% YoY
Net loss · FY 2024
₹1.74 Cr
Net margin -201.3%
EBITDA · FY 2024
-₹1.71 Cr
EBITDA margin -197.8%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹40.61 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
28
Provident fund records
Directors on board
4
As per MCA filings

About Recordent Private Limited

Data last updated:

Recordent Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 04 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC124275. Its GSTIN is 36AAICR9328P1ZI (Telangana).

The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹40.61 Lakh. It is led by directors including Karuna Venigalla and Harish Inder Mamtani.

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 Hyderabad, Telangana.

As per the financials filed for FY 2024, the company reported a revenue of ₹86.56 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr (net margin -201.3%) and EBITDA of -₹1.71 Cr (EBITDA margin -197.8%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years.

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

The company is associated with 1 brand: Recordent. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 8 deals on record (5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹8.22 Cr; the latest was in August 2022. Its 7 peer companies in the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 3 larger and 4 smaller; the largest is Manisha Nursing Home Private Limited with revenue of ₹86.62 Lakh.

Recordent Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0042274). For more details, the company can be reached via its website recordent.com.

Company details

CIN U74999TG2018PTC124275
Registration Number 124275
Incorporation Date 04 May 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0042274

Recognitions & Rankings of Recordent

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0042274

Contact details

Recordent Private Limited's registered office is in Hyderabad, Telangana. Its website is recordent.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No 1 Sri Nilayam 3rd Floor, Vittal Rao Nagar Madhapur, Hyderabad, Telangana, India – 500081
  • Industry
    Financial Services, Digital Payment Solutions

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

Comprehensive company report
Recordent 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

Recordent operates one associated brand: Recordent. Each brand links to its own profile.

BrandDescriptionWebsite
Accounts receivables and credit management solutions are provided for businesses.recordent.com

Business activity

The main business activity of Recordent 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 Recordent Private Limited, buy the company report.

Financials of Recordent Private Limited

FY 2024 filings available

Recordent Private Limited reported revenue of ₹86.56 Lakh (down 24% YoY) for FY 2024.

Revenue · FY 2024
₹86.56 Lakh ▼ 24%
Net loss · FY 2024
₹1.74 Cr margin -201.3%
EBITDA · FY 2024
-₹1.71 Cr margin -197.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 194%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 38%
5 years · compounded
▼ 100%

Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 194%. EBITDA rose 11% 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 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹86.56 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.74 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-197.8%
Net Profit Margin-201.3%
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 Recordent Private Limited, buy the company report.

Board of directors of Recordent Private Limited

Recordent has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Karuna VenigallaDirector20 Dec 20214 Years 10 MonthsCurrent
Harish Inder MamtaniDirector04 May 20188 Years 5 MonthsCurrent
Sai Winny Patro RajapatruniDirector15 Apr 20224 Years 6 MonthsCurrent
Vamsi Sai Krishna VepakommaDirector04 May 20188 Years 5 MonthsCurrent

Peer comparison

Recordent Private Limited is compared with the 7 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
Manisha Nursing Home Private Limited₹86.62 Lakh (FY 2024)0.0%Uttar Pradesh, India
Simran Outsourcing Services Private Limited₹86.61 Lakh (FY 2021)-45.0%Ahmedabad, Gujarat, India
Exigent Drill Bits India Private Limited₹86.57 Lakh (FY 2021)-30.0%Navi Mumbai, Maharashtra, India
Recordent Private Limitedthis company₹86.56 Lakh (FY 2024)-₹1.74 Cr-201.3%-24.0%28Hyderabad, Telangana, India
Solid Performers Private Limited₹86.56 Lakh (FY 2024)48.0%Bangalore, Karnataka, India
Cypal Solutions Private Limited₹86.52 Lakh (FY 2024)23.0%Coimbatore, Tamil Nadu, India
Megaverse Technologies Private Limited₹86.51 Lakh (FY 2024)-60.0%Pune, Maharashtra, India
Encoding Enhancers Private Limited₹86.46 Lakh (FY 2025)-3.0%New Delhi, Delhi, India

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

Auditor

Recordent Private Limited is audited by RATHNAKAR & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
RATHNAKAR & COFY 2024212105

Shareholding

The shareholding of Recordent 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Deals & funding

Recordent Private Limited has 8 deals on record (5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹8.22 Cr; the latest was in August 2022.

Total deals
8
Convertible or debt financings
5
Secondary share transfers
3
Disclosed funding
₹8.22 Cr

Deals on record (3 of 8)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Oct 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Recordent Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Recordent Private Limited has a workforce of 28 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
28
Active EPFO establishments
1
Employee growth
-26.32%

GST

Recordent has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAICR9328P1ZITelanganaActive12 Jun 2020

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

Recent activity

Recordent Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Karuna Venigalla ceased to be Additional Director on 30 Sep 2022.

AGM
Recordent Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Recordent Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Karuna Venigalla ceased to be Additional Director.
Ceased
Sai Winny Patro Rajapatruni ceased to be Additional Director.
Appointed
Sai Winny Patro Rajapatruni was appointed as Director.
Appointed
Karuna Venigalla was appointed as Director.
Appointed
Harish Inder Mamtani was appointed as Director.
Appointed
Vamsi Sai Krishna Vepakomma was appointed as Director.
Incorporation
04 May 2018
Recordent Private Limited was registered on 04 May 2018 with Roc Hyderabad & aged 8 years 5 months as per MCA records.

Frequently asked questions

Recordent is an active private limited company based in Hyderabad, Telangana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 04 May 2018 (8+ years old) and is registered under CIN U74999TG2018PTC124275.

Recordent has 4 current directors:

The latest financial statements of Recordent 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 2019 are in the company report.

The GSTIN of Recordent is 36AAICR9328P1ZI, registered in Telangana.

The CIN (Corporate Identification Number) of Recordent is U74999TG2018PTC124275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Recordent has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.

Recordent was incorporated on 04 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.

Recordent has 8 deals on record (5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹8.22 Cr; the latest was in August 2022.

The peers of Recordent by revenue are Manisha Nursing Home Private Limited, Simran Outsourcing Services Private Limited, Exigent Drill Bits India Private Limited, Solid Performers Private Limited, Cypal Solutions Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).

Karuna Venigalla ceased to be Additional Director on 30 Sep 2022. Sai Winny Patro Rajapatruni ceased to be Additional Director on 30 Sep 2022. Sai Winny Patro Rajapatruni was appointed as Director on 15 Apr 2022. Recordent has 6 board changes on record in total.

Yes, Recordent is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).