Startup India Government of India
RHRH Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1,538
▼ 100% YoY
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.13 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2021
Balance sheet date
About RHRH Services Private Limited
Data last updated:
RHRH Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the payment services provider segment of the financial services sector. It was incorporated on 10 October 2018.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2018PTC315580. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.13 Cr. It was formerly known as Nearby Finance Private Limited. It is led by directors Subhash Pralhad Desai and Raad Halim.
Its last annual general meeting (AGM) was held on 09 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 103 Arena House 1 Floor Road No 12 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
The company has about 2 employees on its provident fund (EPFO) records.
The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in February 2021. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Matz Advanced Systems Private Limited with revenue of ₹3,501.
The last known website on record is paynearby.in.
Company details
CIN U74110MH2018PTC315580
Registration Number 315580
Incorporation Date 10 October 2018
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 09 September 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
CIN history
RHRH Services has one previous CIN (Corporate Identification Number): U65999MH2018PTC315580. The current CIN is U74110MH2018PTC315580, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2018PTC315580 | Current |
| U65999MH2018PTC315580 | Previous |
Recognitions & Rankings of RHRH Services
Contact details
RHRH Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is paynearby.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressPlot No. 103 Arena House 1 Floor Road No 12 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Payment Services Provider
To see the full contact details of RHRH Services Private Limited, buy the company report.
Comprehensive company report
RHRH Services 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
₹799 ₹999 20% off excluding 18% GST
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Financials of RHRH Services Private Limited
FY 2021 filings availableRHRH Services Private Limited reported revenue of ₹1,538 (down 100% YoY) for FY 2021.
Revenue · FY 2021
₹1,538 ▼ 100%
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1,538 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 RHRH Services Private Limited, buy the company report.
Board of directors of RHRH Services Private Limited
RHRH Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Pralhad Desai | Director | 03 Sep 2021 | 5 Years 1 Months | As last reported |
| Raad Halim | Director | 26 Aug 2020 | 6 Years 2 Months | As last reported |
Peer comparison
RHRH Services Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matz Advanced Systems Private Limited | ₹3,501 (FY 2025) | Hyderabad, Telangana, India | ||||
| RPMV Online Services (OPC) Private Limited | ₹2,620 (FY 2025) | -100.0% | Tiruppur, Tamil Nadu, India | |||
| Enalo Technologies Private Limited | ₹2,260 (FY 2022) | Vizianagaram, Andhra Pradesh, India | ||||
| Safestack Private Limited | ₹2,000 (FY 2024) | New Delhi, Delhi, India | ||||
| Ginger Root Code Factory Private Limited | ₹1,800 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| RHRH Services Private Limitedthis company | ₹1,538 (FY 2021) | -100.0% | 2 | Mumbai, Maharashtra, India | ||
| Ertitech Solutions Private Limited | ₹1,437 (FY 2024) | -96.0% | Chennai, Tamil Nadu, India | |||
| Payneo Software Technologies Private Limited | ₹1,200 (FY 2025) | -100.0% | Bengaluru, Karnataka, India | |||
| Transcendz Paysol Private Limited | ₹1,000 (FY 2024) | Bengaluru, Karnataka, India | ||||
| Mobipay Securiservices Private Limited | ₹465 (FY 2023) | New Delhi, Delhi, India | ||||
| Gencash Fintech Solutions Private Limited | ₹441 (FY 2025) | Pune, Maharashtra, India |
To see the full peer comparison of RHRH Services Private Limited, buy the company report.
Deals & funding
RHRH Services Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in February 2021.
Total deals
3
Secondary share transfers
2
Rights issue
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nearby Technologies Private Limited |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: Nearby Technologies Private Limited Seller: an individual |
| Jan 2019 | Rights issue | ₹2.12 Cr | Investors: Nearby Technologies Private Limited , an individual |
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 RHRH 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 RHRH Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
RHRH Services Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
100%
GST
RHRH Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of RHRH Services Private Limited, buy the company report.
Recent activity
RHRH Services Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Subhash Pralhad Desai ceased to be Additional Director on 09 Sep 2021.
AGM
Rhrh Services Private Limited last Annual general meeting of members was held on 09 Sep 2021 as per latest MCA records.
Ceased
Subhash Pralhad Desai ceased to be Additional Director.
Appointed
Subhash Pralhad Desai was appointed as Director.
Filing
Rhrh Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Ceased
Raad Halim ceased to be Additional Director.
Ceased
Anand Kumar Bajaj ceased to be Director.
Ceased
Rajesh Satyanarayan Jha ceased to be Director.
Ceased
Yashwant Lodha ceased to be Director.
Appointed
Raad Halim was appointed as Director.
Ceased
Subhash Kumar ceased to be Director.
Incorporation
10 Oct 2018
Rhrh Services Private Limited was registered on 10 Oct 2018 with Roc Mumbai & aged 8 years 23 days as per MCA records.
News
Frequently asked questions
RHRH Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
RHRH Services is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in payment services provider, within the financial services industry. It was incorporated on 10 October 2018 and is registered under CIN U74110MH2018PTC315580. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
RHRH Services has 2 current directors:
- Subhash Pralhad Desai - Director
- Raad Halim - Director
The latest financial statements of RHRH Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 09 September 2021. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of RHRH Services is U74110MH2018PTC315580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RHRH Services was incorporated on 10 October 2018. It is registered with the Registrar of Companies, Mumbai.
RHRH Services has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in February 2021.
The peers of RHRH Services by revenue are Matz Advanced Systems Private Limited, RPMV Online Services (OPC) Private Limited, Enalo Technologies Private Limited, Safestack Private Limited, Ginger Root Code Factory Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Subhash Pralhad Desai ceased to be Additional Director on 09 Sep 2021. Subhash Pralhad Desai was appointed as Director on 03 Sep 2021. Raad Halim ceased to be Additional Director on 30 Dec 2020. RHRH Services has 8 board changes on record in total.
Yes, RHRH Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
RHRH Services can be reached through the website paynearby.in. Its registered office is in Mumbai, Maharashtra, India.
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