About Ricoh Innovations Private Limited
Data last updated:
Ricoh Innovations Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Ricoh Innovations Corporation. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 November 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC061098. Its GSTIN is 29AAFCR5504G1ZD (Karnataka).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.82 Lakh. It was led by directors including Sridhar Kaip and Toshinori Arita.
Its last annual general meeting (AGM) was held on 15 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 207 Bindu Galaxy No.2 1st Main Chord Road Industrial Town Rajajinagar, Bangalore, Karnataka, India – 560044.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.52 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Cr (net margin 4.1%) and EBITDA of ₹8.67 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company had about 5 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is ric.ricoh.com.
Company details
Contact details
Ricoh Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is ric.ricoh.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address207 Bindu Galaxy No.2 1st Main Chord Road Industrial Town Rajajinagar, Bangalore, Karnataka, India – 560044
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ricoh Innovations 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 Ricoh Innovations is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ricoh Innovations Private Limited, buy the company report.
Financials of Ricoh Innovations Private Limited
FY 2020 filings availableRicoh Innovations Private Limited reported revenue of ₹40.52 Cr (up 11% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 11% growth in the latest year. EBITDA rose 8% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Revenue | ₹40.52 Cr | ||||
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| EBITDA | ₹8.67 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 21.4% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ricoh Innovations Private Limited, buy the company report.
Board of directors of Ricoh Innovations Private Limited
Ricoh Innovations has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Kaip Also directs: Semiconductor Future Accelerator Lab Foundation | Director | 11 Nov 2011 | 14 Years 11 Months | As last reported |
| Toshinori Arita | Director | 15 Jun 2018 | 8 Years 4 Months | As last reported |
| Wataru Otani | Director | 02 May 2013 | 13 Years 5 Months | As last reported |
Auditor
Ricoh Innovations Private Limited is audited by B S R & Co. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2020 | 101248W/W100022 |
Shareholding
The shareholding of Ricoh Innovations Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ricoh Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ricoh Innovations 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 Ricoh Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ricoh Innovations Private Limited has a workforce of 5 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Ricoh Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCR5504G1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ricoh Innovations Private Limited, buy the company report.
Recent activity
Ricoh Innovations Private Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Sridhar Kaip ceased to be Managing Director on 18 Apr 2020.
6 earlier events are in the company report.
Frequently asked questions
Ricoh Innovations has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Ricoh Innovations was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 08 November 2011 and is registered under CIN U72900KA2011PTC061098. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Ricoh Innovations was incorporated on 08 November 2011. It is registered with the Registrar of Companies, Bangalore.
Ricoh Innovations had 3 directors:
- Sridhar Kaip - Director
- Toshinori Arita - Director
- Wataru Otani - Director
The CIN (Corporate Identification Number) of Ricoh Innovations is U72900KA2011PTC061098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ricoh Innovations is at 207 Bindu Galaxy No.2 1st Main Chord Road Industrial Town Rajajinagar, Bangalore, Karnataka, India – 560044.
Ricoh Innovations can be reached through the website ric.ricoh.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Ricoh Innovations on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 June 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Ricoh Innovations is 29AAFCR5504G1ZD, registered in Karnataka.
Ricoh Innovations operated in the information technology industry, in the application development and software solutions segment.
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