About Riaxe Systems Private Limited
Data last updated:
Riaxe Systems Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 26 October 2009, the company has been in operation for over 17 years.
Registered with ROC Cuttack under CIN U72200OR2009PTC011261.
Capital: an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17 Lakh. It is led by directors Sarita Acharya and Subrat Acharya.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Flat No – Dcb 506 Dlf Cybercity, Bhubaneswar, Orissa, India – 751024.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.37 Lakh, a decline of 10% compared to the previous year.
The company has a workforce of approximately 38 employees as per the latest available data.
The company is associated with 2 brands - Oigenie, Riaxe. As per MCA filings, the company has open charges of ₹53 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riaxe.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No – Dcb 506 Dlf Cybercity, Bhubaneswar, Orissa, India – 751024
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Riaxe Systems
Riaxe Systems operates two associated brands: OiGenie and Riaxe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An AI-powered tool for trading, integrating technical patterns and option chains. | oigenie.com | |
| Offers custom software development, IT consulting, and digital transformation services. | riaxe.com |
Competitors & Alternatives of Riaxe Systems
Brands and companies operating in the same space as Riaxe Systems Private Limited include Angel One, Upstox, Groww and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Angel One | App-based brokerage stock trading platform | Mumbai, India, India | 1996 |
 Upstox | Tech-driven trading platform is offered for low-cost brokerage services. | Mumbai, India, India | 2009 |
 Groww | An online platform for investments and trading services is offered. | Bengaluru, India, India | 2016 |
 Samco | Online trading platforms and investment tools are provided by Samco. | Mumbai, India, India | 2015 |
 Fisdom | Online investment and wealth management services are provided digitally. | Bengaluru, India, India | 2015 |
 Tiger Brokers | Online trading of stocks, securities, and options is enabled. | Beijing, China, China | 2014 |
 Interactive Brokers | Provider of online brokerage services and trading platforms | Greenwich, United States, United States | 1977 |
 Kotak Securities | Online platform for stock trading, mutual funds, and investment tools. | Mumbai, India, India | 1994 |
 5paisa Capital | Broker-based online platform for trading and investments is provided. | Thane, India, India | 2007 |
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
Business Activity of Riaxe Systems
The main business activity of Riaxe Systems is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Riaxe Systems Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Riaxe Systems
Riaxe Systems Private Limited is audited by S P P ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P P ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Riaxe Systems Private Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Riaxe Systems Private Limited
Riaxe Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarita Acharya Also directs: Neuromesh Technologies Private Limited, Oigenie Technologies Private Limited, Canvaskite Solution Private Limited and 1 more | Director | 15 Feb 2021 | 5 Years 7 Months | Current |
| Subrat Acharya Also directs: Neuromesh Technologies Private Limited, Oigenie Technologies Private Limited, Canvaskite Solution Private Limited and 2 more | Director | 26 Oct 2009 | 16 Years 11 Months | Current |
Financials of Riaxe Systems Private Limited FY 2025 filings available
Riaxe Systems Private Limited reported revenue of ₹41.37 Lakh (down 10.00% YoY) for FY 2024.
Ten-year financial statements for Riaxe Systems Private Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Riaxe Systems
Shareholding and ownership data for Riaxe Systems Private Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Riaxe Systems
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2014 | Idbi Bank Limited | ₹13 Lakh | Open |
| 04 Jul 2014 | Idbi Bank Limited | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Riaxe Systems
Riaxe Systems Private Limited has a workforce of 38 employees as of Mar 28, 2024.
Employee and EPFO history for Riaxe Systems Private Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Riaxe Systems
GST registrations and filing compliance for Riaxe Systems Private Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Riaxe Systems
Credit ratings, litigation, and regulatory alerts for Riaxe Systems Private Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Riaxe Systems
MSME payment history for Riaxe Systems Private Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Riaxe Systems
Corporate group structure for Riaxe Systems Private Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Riaxe Systems
MCA filings and documents for Riaxe Systems Private Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Riaxe Systems
Frequently Asked Questions about Riaxe Systems Private Limited
Riaxe Systems is an active private limited company in the information technology sector based in Bhubaneswar, Orissa, India. It was incorporated on 26 October 2009 (17+ years old) and is registered under CIN U72200OR2009PTC011261. The company has 38 employees.
Riaxe Systems reported revenue of ₹41.37 Lakh for FY 2024 (down 10.00% YoY).
The current directors of Riaxe Systems are:
- Sarita Acharya - Director
- Subrat Acharya - Director
The primary industry of Riaxe Systems is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Riaxe Systems can be reached at the registered office: Flat No – Dcb 506 Dlf Cybercity, Bhubaneswar, Orissa, India – 751024, or through the website riaxe.com.
The authorised capital is ₹20 Lakh, and the paid-up capital is ₹17 Lakh.