Riaxe Systems Private Limited - Company Profile

It is a information technology private limited company based in Bhubaneswar, Orissa, India, established in 2009.
2009 Bhubaneswar, Orissa, India Active
Last Updated:
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About Riaxe Systems Private Limited

Riaxe Systems Private Limited, a active private limited company, was established on 26 October 2009 in Bhubaneswar, Orissa, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200OR2009PTC011261. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.70 M.

It upholds a compliant status. Employing 38 professional, Its leadership includes Sarita Acharya (Director), Subrat Acharya (Director). Past directors included Susrut Mishra, Satyajit Behera. It holds ₹5.30 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No-Dcb 506 Dlf Cybercity, Bhubaneswar, Orissa, 751024.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200OR2009PTC011261

  • Registration Number

    011261

  • Incorporation Date

    26 October 2009

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.70 M

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.70 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.30 M
  • Revenue Growth **** -78.79%
  • Profit Growth **** -82.05%
  • Ebitda **** 106.02%
  • Net Worth 0.45%
  • Total Assets **** 10.34%
Company report

Riaxe Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Riaxe Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Riaxe Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Sarita Acharya Director 15 Feb 2021 Current
Subrat Acharya Director 26 Oct 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Feb 2021 Past
Pramod Abcsdd Director 10 Oct 2011 Past

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Financial Performance of Riaxe Systems.

Riaxe Systems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 78.79% decrease. The company also saw a substantial fall in profitability, with a 82.05% decrease in profit. The company's net worth moved up by a moderate rise of 0.45%.

Riaxe Systems revenue growth over time
Riaxe Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -78.79%
*******
*******
*******
*******
Revenue from Operations
*******
 -73.23%
*******
*******
*******
*******
Total Assets
*******
 10.34%
*******
*******
*******
*******
Profit or Loss
*******
 -82.05%
*******
*******
*******
*******
Net Worth
*******
 0.45%
*******
*******
*******
*******
EBITDA
*******
 106.02%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Riaxe Systems?

In 2022, Riaxe Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹5,300,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Idbi Bank Limited : 0.53 Cr
Latest Charge Details
Date Lender Amount Status
27 Aug 2014 Idbi Bank Limited ₹1.30 M Open
04 Jul 2014 Idbi Bank Limited ₹4.00 M Open

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How Many Employees Work at Riaxe Systems?

Riaxe Systems has a workforce of 38 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Riaxe Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Riaxe Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Riaxe Systems
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Riaxe Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Riaxe Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was documented.

  • Director Appointment

    The activity Sarita Acharya was appointed as a Director was appointed as a Director on 15 Feb 2021 & has been associated with this company since 4 years 11 months . was completed.

  • Charges

    Progress on A charge with Idbi Bank Limited of Rs. 4.00 M registered on 04 Jul 2014 with Charge ID 10511262 was modified on 11 Jun 2019. was documented.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 1.30 M with Charge ID 10521623 was registered on 27 Aug 2014. was recorded as a recent event.

  • Charges

    The activity A charge with Idbi Bank Limited amounted to Rs. 4.00 M with Charge ID 10511262 was registered on 04 Jul 2014. was completed.

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Frequently Asked Questions
What is the CIN of Riaxe Systems Private Limited?

The CIN of Riaxe Systems Private Limited is U72200OR2009PTC011261.

Where is Riaxe Systems Private Limited headquartered?

Riaxe Systems Private Limited is headquartered at Flat No-Dcb 506 Dlf Cybercity, Bhubaneswar, Orissa, 751024.

When was Riaxe Systems Private Limited incorporated?

Riaxe Systems Private Limited was incorporated on 26 October 2009.

Who are the current directors of Riaxe Systems Private Limited?

The current directors of Riaxe Systems Private Limited are

What is the primary industry of Riaxe Systems Private Limited?

The primary industry of Riaxe Systems Private Limited is Information And Communication.

Is Riaxe Systems Private Limited a listed company?

Riaxe Systems Private Limited is unlisted.

What is the capital structure of Riaxe Systems Private Limited?

The authorized capital of Riaxe Systems Private Limited is ₹2.00 M, and the paid-up capital is ₹1.70 M.

What is the compliance status of Riaxe Systems Private Limited?

The compliance status of Riaxe Systems Private Limited is Compliant.

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