Ricon IT Solutions Private Limited
About Ricon IT Solutions Private Limited
Data last updated:
Ricon IT Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 20 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC162622.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gundala Srinu and Nagaraju Cheekati.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #9A/25//1 Ward No.7 Singa Sandra, Bengaluru, Karnataka, India – 560068.
As per the financials filed for FY 2025, the company reported a revenue of ₹15 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹6,028 (net margin -0.4%) and EBITDA of ₹12,652 (EBITDA margin 0.8%).
Company details
Contact details
Ricon IT Solutions Private Limited's registered office is in Bengaluru, Karnataka.
- Registered Address#9A/25//1 Ward No.7 Singa Sandra, Bengaluru, Karnataka, India – 560068
- IndustryInformation Technology, Other Computer Related Activities
- 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 Ricon IT Solutions 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 Ricon IT Solutions Private Limited, buy the company report.
Financials of Ricon IT Solutions Private Limited
FY 2025 filings availableRicon IT Solutions Private Limited reported revenue of ₹15 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year. EBITDA fell 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹12,652 | ||
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| Net Profit (PAT) | -₹6,028 | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 0.8% | ||
| Net Profit Margin | -0.4% | ||
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To see the full financial statements and ratios of Ricon IT Solutions Private Limited, buy the company report.
Board of directors of Ricon IT Solutions Private Limited
Ricon IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gundala Srinu Also directs: Ehitra Technologies Private Limited, Webmatics Solutions Private Limited, Oaken Softtech Private Limited and 3 more | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Nagaraju Cheekati Also directs: Ehitra Technologies Private Limited, Oaken Softtech Private Limited, Cranlom Technologies Private Limited and 4 more | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Ricon IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yellow Orchid IT Solution and Services Private Limited | ₹15.04 Lakh (FY 2025) | -21.0% | Haryana, India | |||
| Rashmika Info Technologies Private Limited | ₹15.03 Lakh (FY 2017) | 41.0% | Bangalore, Karnataka, India | |||
| Mind in Motion Software Private Limited | ₹15.03 Lakh (FY 2021) | -52.0% | Gurgaon, Haryana, India | |||
| Display and Signages Private Limited | ₹15.02 Lakh (FY 2024) | -19.0% | Patna, Bihar, India | |||
| Creators Creed Tech Private Limited | ₹15.01 Lakh (FY 2023) | Hyderabad, Telangana, India | ||||
| Ricon IT Solutions Private Limitedthis company | ₹15 Lakh (FY 2025) | -₹6,028 | -0.4% | 6.0% | Bengaluru, Karnataka, India | |
| Sadhna Infotech Limited | ₹15 Lakh (FY 2022) | 172.0% | Mumbai, Maharashtra, India | |||
| Global Infoserv Limited | ₹15 Lakh (FY 2024) | 18.0% | Thiruvanmiyur, Chennai-600 041, Tamil Nadu, India | |||
| Perceptron Analytics Private Limited | ₹15 Lakh (FY 2021) | 50.0% | Hyderabad, Telangana, India | |||
| Pixel Display India Private Limited | ₹15 Lakh (FY 2016) | Chennai, Tamil Nadu, India | ||||
| Raj Infra and Developers Private Limited | ₹15 Lakh (FY 2025) | Banjarahills, Telangana, India |
To see the full peer comparison of Ricon IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ricon IT Solutions 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 Ricon IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ricon IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ricon IT Solutions Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Gundala Srinu was appointed as Director on 20 Jun 2022.
Frequently asked questions
Ricon IT Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 20 June 2022 (4+ years old) and is registered under CIN U72900KA2022PTC162622.
Ricon IT Solutions has 2 current directors:
- Gundala Srinu - Director
- Nagaraju Cheekati - Director
The latest financial statements of Ricon IT Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Ricon IT Solutions is U72900KA2022PTC162622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ricon IT Solutions was incorporated on 20 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ricon IT Solutions by revenue are Yellow Orchid IT Solution and Services Private Limited, Rashmika Info Technologies Private Limited, Mind in Motion Software Private Limited, Display and Signages Private Limited, Creators Creed Tech Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Gundala Srinu was appointed as Director on 20 Jun 2022. Nagaraju Cheekati was appointed as Director on 20 Jun 2022.
The registered office of Ricon IT Solutions is at #9A251 Ward No.7 Singa Sandra, Bengaluru, Karnataka, India – 560068.
Ricon IT Solutions operates in the information technology industry, in the other computer related activities segment.
Ricon IT Solutions can be reached at its registered office: #9A251 Ward No.7 Singa Sandra, Bengaluru, Karnataka, India – 560068.
Ricon IT Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.