Riba Business Solutions Private Limited
About Riba Business Solutions Private Limited
Data last updated:
Riba Business Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 29 March 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U32300TG1972PTC001486. Its GSTIN is 36AADCS2213H1ZP (Telangana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.81 Cr. It was formerly known as Riba Business Solutions Limited. It is led by directors Kalidindi Kumar Venkata Praveen and Vijaya Lakshmi Kalidindi.
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 4 – 102 Jeedimetla Medchal NH – 7 500055, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.63 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹32.59 Lakh (net margin 4.3%) and EBITDA of ₹1.57 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹73.15 Cr and satisfied charges of ₹3.3 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Riba Business Solutions has one previous CIN (Corporate Identification Number): U32300AP1972PTC001486. The current CIN is U32300TG1972PTC001486, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32300TG1972PTC001486 | Current |
| U32300AP1972PTC001486 | Previous |
Contact details
Riba Business Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 – 102 Jeedimetla Medchal NH – 7 500055, Hyderabad, Telangana, India – 500055
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Riba Business Solutions Private Limited, buy the company report.
- 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 Riba Business Solutions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Riba Business Solutions Private Limited, buy the company report.
Financials of Riba Business Solutions Private Limited
FY 2024 filings availableRiba Business Solutions Private Limited reported revenue of ₹7.63 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 8% growth 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.57 Cr | ||||
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| Net Profit (PAT) | ₹32.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Riba Business Solutions Private Limited, buy the company report.
Board of directors of Riba Business Solutions Private Limited
Riba Business Solutions 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 |
|---|---|---|---|---|
| Kalidindi Kumar Venkata Praveen Also directs: Symbiquest Education LLP, Venus Interiors Private Limited, Suchitra Electronic Components Private Limited and 5 more | Director | 15 Mar 2002 | 24 Years 7 Months | Current |
| Vijaya Lakshmi Kalidindi Also directs: Symbiquest Education LLP, Venus Interiors Private Limited, Suchitra Electronic Components Private Limited and 2 more | Director | 16 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Riba Business Solutions Private Limited is audited by N. VENKATESWARA RAO & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. VENKATESWARA RAO & ASSOCIATES | FY 2023 | 008558S |
Shareholding
The shareholding of Riba Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Riba Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2024 | 100934820 | Hdfc Bank Limited | ₹35.5 Cr | Open | |
| 31 Jan 2013 | 10410863 | Andhra Bank | ₹6.5 Cr | Open | |
| 18 Jul 2011 | 10299294 | Andhra Bank | ₹4 Cr | Open | |
| 25 May 2011 | 10296783 | Andhra Bank | ₹5.43 Cr | Open | |
| 25 May 2011 | 10296940 | Andhra Bank | ₹5.43 Cr | Open |
To see the full charge records of Riba Business Solutions Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Riba Business Solutions Private Limited has 6 court cases on record: 6 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Revision petition | Filed against the company by M/S. Raasi Software Corporation Private Limited | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Riba Business Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riba Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Riba Business Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Riba Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCS2213H1ZP | Telangana | Active | 17 Jan 2018 |
To see the full GST registrations and return filing status of Riba Business Solutions Private Limited, buy the company report.
Recent activity
Riba Business Solutions Private Limited has 4 board changes on record since 2002: 2 appointments and 2 cessations. The latest: Vijaya Lakshmi Kalidindi ceased to be Additional Director on 30 Sep 2016.
6 earlier events are in the company report.
Frequently asked questions
Riba Business Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 29 March 1972 (54+ years old) and is registered under CIN U32300TG1972PTC001486.
Riba Business Solutions has 2 current directors:
- Kalidindi Kumar Venkata Praveen - Director
- Vijaya Lakshmi Kalidindi - Director
The latest financial statements of Riba Business Solutions 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 2015 are in the company report.
The GSTIN of Riba Business Solutions is 36AADCS2213H1ZP, registered in Telangana.
The CIN (Corporate Identification Number) of Riba Business Solutions is U32300TG1972PTC001486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riba Business Solutions has 6 court cases on record: 6 filed against it. 3 are pending. Most are in the district courts.
Riba Business Solutions was incorporated on 29 March 1972, making it 54+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vijaya Lakshmi Kalidindi ceased to be Additional Director on 30 Sep 2016. Kalidindi Pradeep Raju ceased to be Managing Director on 17 Nov 2015. Vijaya Lakshmi Kalidindi was appointed as Director on 16 Nov 2015. Riba Business Solutions has 4 board changes on record in total.
The registered office of Riba Business Solutions is at 4 – 102 Jeedimetla Medchal NH – 7 500055, Hyderabad, Telangana, India – 500055.
Riba Business Solutions operates in the infrastructure and utilities industry, in the general construction services segment.
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