About Rida Communication Private Limited
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Rida Communication Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the isp and broadband services segment of the telecommunications sector. It was incorporated on 04 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U72200UP1999PTC024476. Its GSTIN is 09AACCR0672E1ZJ (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Abdul Basit (Managing Director) and Shahista Basit.
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 3rd Floor Marris Towermarris Road Aligarh, Uttar Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹3.65 Lakh (net margin -3.6%) and EBITDA of -₹3.34 Lakh (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company is associated with 1 brand: Ridaonline. As per MCA filings, the company has open charges of ₹2.01 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ridaonline.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address3rd Floor Marris Towermarris Road Aligarh, Uttar Pradesh, India
- IndustryTelecom, ISP & Broadband Services
- 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
- One PDF report, delivered after checkout
Business Activity of Rida Communication Private Limited
The main business activity of Rida Communication 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
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.
Financials of Rida Communication Private Limited FY 2024 filings available
Rida Communication Private Limited reported revenue of ₹1.02 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rida Communication Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 165% 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 of Rida Communication Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.65 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rida Communication Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rida Communication are in the company report.
Financial statements from 2015
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.
Peer Comparison of Rida Communication Private Limited
Rida Communication Private Limited is compared with the companies closest to it by revenue in the Telecom industry (Landline ISP and Broadband). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blackbear Technologies Private Limited | ₹1.03 Cr (FY 2022) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| Bhandarkar PSV Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| Supersonic Isp Connectivity India Private Limited | ₹1.03 Cr (FY 2020) | •••• | •••• | 8.0% | •••• | Vijayapur, Karnataka, India |
| Axom Internet Services Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | •••• | Guwahati, Assam, India | |
| Kaaraj Business Solutions Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Rida Communication Private Limited this company | ₹1.02 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Uttar Pradesh, India |
| Graceway Infrastructure and Services Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Globetek Infoway Ventures Private Limited | ₹1 Cr (FY 2022) | •••• | •••• | 630.0% | •••• | Kolkata, West Bengal, India |
| Sasa Broadband Technologies Private Limited | ₹99.95 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Agra, Uttar Pradesh, India |
| Metawaves Private Limited | ₹99.53 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Nakhtrana, Gujarat, India |
| Daystar Broadcasting Network Private Limited | ₹99.47 Lakh (FY 2018) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Rida Communication by revenue in the Telecom industry (Landline ISP and Broadband), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rida Communication Private Limited
Rida Communication Private Limited is audited by SSY AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSY AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
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 Rida Communication Private Limited
Rida Communication has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Basit Also directs: Zenbright Future Energy Private Limited | Managing Director | 04 Jun 1999 | 27 Years 4 Months | Current |
| Shahista Basit Also directs: Healthforest Private Limited | Director | 04 Jun 1999 | 27 Years 4 Months | Current |
| Faisal Basit | Director | 04 Jun 1999 | 27 Years 4 Months | Current |
Ownership and Shareholding of Rida Communication Private Limited
Shareholding and ownership data
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 Rida Communication Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2018 | Canara Bank | ₹10 Lakh | Open |
| 31 Aug 2005 | Bank of India | ₹8 Lakh | Open |
| 15 Mar 2000 | Central Bank of India | ₹1.5 Cr | Open |
| 09 Mar 2000 | Bank of India | ₹11 Lakh | Open |
| 09 Mar 2000 | Bank of India | ₹22 Lakh | Open |
Total charge records: 5 View all charges
Legal Cases of Rida Communication Private Limited
Rida Communication Private Limited has 4 court cases on record: 1 filed by Rida Communication, 1 filed against it, 2 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Union of India | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against State of U.P | Disposed |
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
| Madras High Court | Writ petition | Company is another party | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Rida Communication Private Limited
Rida Communication operates one associated brand: Ridaonline. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet services including IPTV, broadband, leased lines, and WiFi in India. | ridaonline.com |
Employees and EPFO Compliance at Rida Communication Private Limited
Employment history and EPFO contributions of people linked to Rida Communication.
Employee and EPFO history
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.
Recent Activity on Rida Communication Private Limited
Rida Communication Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Abdul Basit was appointed as Managing Director on 04 Jun 1999.
Credit Ratings, Litigation & Regulatory Alerts for Rida Communication Private Limited
Credit ratings, litigation, and regulatory alerts
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 Rida Communication Private Limited
MSME payment history
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 Rida Communication Private Limited
Corporate group structure
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.
GST Compliance of Rida Communication Private Limited
Rida Communication has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCR0672E1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
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.
MCA Filings & Documents of Rida Communication Private Limited
MCA filings and documents
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.
Frequently Asked Questions about Rida Communication Private Limited
Rida Communication is an active private limited company based in Uttar Pradesh, India. The company works in isp and broadband services, within the telecom industry. It was incorporated on 04 June 1999 (27+ years old) and is registered under CIN U72200UP1999PTC024476.
Rida Communication reported revenue of ₹1.02 Cr for FY 2025 (down 5% YoY).
Rida Communication has 3 current directors:
- Abdul Basit - Managing Director
- Shahista Basit - Director
- Faisal Basit - Director
Rida Communication reported a net loss of ₹3.65 Lakh (net margin -3.6%) and EBITDA of -₹3.34 Lakh (EBITDA margin -3.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rida Communication is -8% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rida Communication is 09AACCR0672E1ZJ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Rida Communication is U72200UP1999PTC024476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rida Communication has 4 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Rida Communication was incorporated on 04 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Rida Communication by revenue are Blackbear Technologies Private Limited, Bhandarkar PSV Private Limited, Supersonic Isp Connectivity India Private Limited, Axom Internet Services Private Limited, Kaaraj Business Solutions Private Limited and 5 more, all in the Telecom industry (Landline ISP and Broadband).
Abdul Basit was appointed as Managing Director on 04 Jun 1999. Faisal Basit was appointed as Director on 04 Jun 1999. Shahista Basit was appointed as Director on 04 Jun 1999.