Ridecell India Private Limited

Ridecell India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U63030PN2017FTC200420 Incorporated 06 December 2017 ROC Pune HQ Pune, Maharashtra, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹29.32 Cr
▲ 6% YoY
Net profit · FY 2025
₹2.94 Cr
Net margin 10%
EBITDA · FY 2025
₹4.97 Cr
EBITDA margin 17%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
77
Provident fund records
Directors on board
3
As per MCA filings

About Ridecell India Private Limited

Data last updated:

Ridecell India Private Limited is a foreign private limited company based in Pune, Maharashtra, India, a subsidiary of Ridecell Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 December 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U63030PN2017FTC200420. Its GSTIN is 27AAICR6535N1ZQ (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Rathinam Ganapati and Samyak Anil Pandya.

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 Panchshil Business Park – Phase 2 Tower B Balewadi Pune – 411045, Maharashtra, India – 411045.

As per the financials filed for FY 2025, the company reported a revenue of ₹29.32 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.94 Cr (net margin 10%) and EBITDA of ₹4.97 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.

The company has about 77 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Ridecell.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ridecell.com.

Company details

CIN U63030PN2017FTC200420
Registration Number 200420
Incorporation Date 06 December 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ridecell Inc
Compliance Status Active Compliant

CIN history

Ridecell India has one previous CIN (Corporate Identification Number): U63030MH2017FTC302501. The current CIN is U63030PN2017FTC200420, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U63030PN2017FTC200420Current
U63030MH2017FTC302501Previous

Contact details

Ridecell India Private Limited's registered office is in Pune, Maharashtra. Its website is ridecell.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    3rd Floor Panchshil Business Park – Phase 2 Tower B Balewadi Pune – 411045, Maharashtra, India – 411045
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Ridecell India Private Limited, buy the company report.

Comprehensive company report
Ridecell India Private Limited - one report that includes everything
  • 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
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Brands

Ridecell India operates one associated brand: Ridecell. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-enabled platforms for shared mobility and fleet management are provided.ridecell.com

Business activity

The main business activity of Ridecell India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communication62Computer programming, consultancy and related activities

To see the full business activity and turnover split of Ridecell India Private Limited, buy the company report.

Financials of Ridecell India Private Limited

FY 2024 filings available

Ridecell India Private Limited reported revenue of ₹29.32 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹29.32 Cr ▲ 6%
Net profit · FY 2025
₹2.94 Cr margin 10%
EBITDA · FY 2025
₹4.97 Cr margin 17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 16%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 65%
5 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 6% growth in the latest year. EBITDA rose 1% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.97 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.94 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17%
Net Profit Margin10%
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

To see the full financial statements and ratios of Ridecell India Private Limited, buy the company report.

Board of directors of Ridecell India Private Limited

Ridecell India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rathinam GanapatiDirector06 Dec 20178 Years 10 MonthsCurrent
Samyak Anil PandyaDirector06 Dec 20178 Years 10 MonthsCurrent
Tushar Chandrakant BankarDirector26 May 20206 Years 4 MonthsCurrent

Auditor

Ridecell India Private Limited is audited by Ambavat Jain & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ambavat Jain & Associates LLPFY 2023109681W

Shareholding

The shareholding of Ridecell India 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 categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ridecell India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ridecell India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ridecell India Private Limited has a workforce of 77 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
77
Active EPFO establishments
1
Employee growth
-2.53%

GST

Ridecell India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAICR6535N1ZQMaharashtraActive17 Apr 2018

To see the full GST registrations and return filing status of Ridecell India Private Limited, buy the company report.

Recent activity

Ridecell India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Tushar Chandrakant Bankar ceased to be Additional Director on 28 Dec 2020.

AGM
Ridecell India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ridecell India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Tushar Chandrakant Bankar ceased to be Additional Director.
Appointed
Tushar Chandrakant Bankar was appointed as Director.
Appointed
Rathinam Ganapati was appointed as Director.
Appointed
Samyak Anil Pandya was appointed as Director.
Incorporation
06 Dec 2017
Ridecell India Private Limited was registered on 06 Dec 2017 with Roc Pune & aged 8 years 10 months as per MCA records.

Frequently asked questions

Ridecell India is an active foreign private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 December 2017 (9+ years old) and is registered under CIN U63030PN2017FTC200420.

Ridecell India has 3 current directors:

The latest financial statements of Ridecell India 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 FY 2018 are in the company report.

The GSTIN of Ridecell India is 27AAICR6535N1ZQ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ridecell India is U63030PN2017FTC200420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ridecell India was incorporated on 06 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.

Tushar Chandrakant Bankar ceased to be Additional Director on 28 Dec 2020. Tushar Chandrakant Bankar was appointed as Director on 26 May 2020. Rathinam Ganapati was appointed as Director on 06 Dec 2017. Ridecell India has 4 board changes on record in total.

Ridecell India can be reached through the website ridecell.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Ridecell India is at 3rd Floor Panchshil Business Park – Phase 2 Tower B Balewadi Pune – 411045, Maharashtra, India – 411045.

Ridecell India operates in the information technology industry, in the application development and software solutions segment.