
Rentit Platform Private Limited
About Rentit Platform Private Limited
Data last updated:
Rentit Platform Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the rental and leasing services segment of the industrial equipment and machinery sector. It was incorporated on 26 April 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U71290TN2022PTC151696.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ragul M and Venkatesan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 5 Kanaga Sabai Street Bharathi Nagar Nesapakkam, Chennai, Tamil Nadu, India – 600078.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.22 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.29 Lakh (net margin -59.4%) and EBITDA of -₹3.09 Lakh (EBITDA margin -42.7%).
Rentit Platform Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0124121).
Company details
Recognitions & Rankings of Rentit Platform
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TN-02-0124121
Contact details
Rentit Platform Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo 5 Kanaga Sabai Street Bharathi Nagar Nesapakkam, Chennai, Tamil Nadu, India – 600078
- IndustryEquipment & Machinery, Renting, Machinery & Equipment
- 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 Rentit Platform is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Rentit Platform Private Limited, buy the company report.
Financials of Rentit Platform Private Limited
FY 2025 filings availableRentit Platform Private Limited reported revenue of ₹7.22 Lakh (up 849% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 849% in the latest year. EBITDA fell 357% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹3.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.29 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -42.7% | ||
| Net Profit Margin | -59.4% | ||
| 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 | |||
To see the full financial statements and ratios of Rentit Platform Private Limited, buy the company report.
Board of directors of Rentit Platform Private Limited
Rentit Platform has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ragul M | Director | 26 Apr 2022 | 4 Years 5 Months | Current |
| Venkatesan | Director | 26 Apr 2022 | 4 Years 5 Months | Current |
Peer comparison
Rentit Platform Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (office administrative, office support and other business support activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Placewell Management Consultants Private Limited | ₹7.26 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Ogun Healthcare Private Limited | ₹7.26 Lakh (FY 2025) | 28.0% | Village Burari, Delhi, India | |||
| Wysheid Technology Services Private Limited | ₹7.24 Lakh (FY 2025) | 32.0% | Kanakapura, Karnataka, India | |||
| Globin Network Private Limited | ₹7.24 Lakh (FY 2025) | 108.0% | Delhi, India | |||
| Udipti Organics Private Limited | ₹7.23 Lakh (FY 2024) | -9.0% | Old Kautha Nanded, Maharashtra, India | |||
| Rentit Platform Private Limitedthis company | ₹7.22 Lakh (FY 2025) | -₹4.29 Lakh | -59.4% | 849.0% | Chennai, Tamil Nadu, India | |
| Teamplus Supply Chain Services Private Limited | ₹7.21 Lakh (FY 2024) | Vadodara, Gujarat, India | ||||
| Innovtech Power Solution Private Limited | ₹7.19 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Betel Trading and Commercial Pvt Ltd | ₹7.17 Lakh (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Expert Vision Consultancy Private Limited | ₹7.16 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Creative Steels Private Limited | ₹7.16 Lakh (FY 2025) | -13.0% | Pune, Maharashtra, India |
To see the full peer comparison of Rentit Platform Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rentit Platform 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 Rentit Platform Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rentit Platform Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rentit Platform Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ragul M was appointed as Director on 26 Apr 2022.
Frequently asked questions
Rentit Platform is an active private limited company based in Chennai, Tamil Nadu, India. The company works in renting, within the equipment and machinery industry. It was incorporated on 26 April 2022 (4+ years old) and is registered under CIN U71290TN2022PTC151696.
Rentit Platform has 2 current directors:
- Ragul M - Director
- Venkatesan - Director
The latest financial statements of Rentit Platform on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Rentit Platform is U71290TN2022PTC151696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rentit Platform was incorporated on 26 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Rentit Platform by revenue are Placewell Management Consultants Private Limited, Ogun Healthcare Private Limited, Wysheid Technology Services Private Limited, Globin Network Private Limited, Udipti Organics Private Limited and 5 more, all in the same principal business activity (office administrative, office support and other business support activities).
Ragul M was appointed as Director on 26 Apr 2022. Venkatesan was appointed as Director on 26 Apr 2022.
Yes, Rentit Platform is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Rentit Platform is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0124121).
The registered office of Rentit Platform is at No 5 Kanaga Sabai Street Bharathi Nagar Nesapakkam, Chennai, Tamil Nadu, India – 600078.
Rentit Platform operates in the equipment and machinery industry, in the renting segment.