About Ridemix Solutions Private Limited
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Ridemix Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the passenger transport segment of the transport and logistics sector. It was incorporated on 25 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC092486. Its GSTIN is 29AAHCR8281N1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sumanth Gopalarao Eluru and Kovuru Arunachalam.
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 #10/A 2nd Floor 16th Cross 18th Main Padmanabha Nagar, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.81 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹2.19 Lakh (net margin 6.7%) and EBITDA of ₹5.91 Lakh (EBITDA margin 18%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 34% over five years.
The company is associated with 1 brand: Ridemix.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ridemix.com.
Company details
Contact details
Ridemix Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ridemix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#10/A 2nd Floor 16th Cross 18th Main Padmanabha Nagar, Bangalore, Karnataka, India – 560070
- IndustryTransport and Logistics, Passenger Transport
To see the full contact details of Ridemix 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
Brands
Ridemix Solutions operates one associated brand: Ridemix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tech partnering for software applications and support services. | ridemix.com |
Business activity
The main business activity of Ridemix Solutions is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Ridemix Solutions Private Limited, buy the company report.
Financials of Ridemix Solutions Private Limited
FY 2025 filings availableRidemix Solutions Private Limited reported revenue of ₹32.81 Lakh (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 61% fall in the latest year. EBITDA rose 66% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.91 Lakh | ||||
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| Net Profit (PAT) | ₹2.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 18% | ||||
| Net Profit Margin | 6.7% | ||||
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To see the full financial statements and ratios of Ridemix Solutions Private Limited, buy the company report.
Board of directors of Ridemix Solutions Private Limited
Ridemix Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumanth Gopalarao Eluru Also directs: Velgro Reality Ventures Private Limited | Director | 25 Apr 2016 | 10 Years 6 Months | Current |
| Kovuru Arunachalam Also directs: Ascent Lifts & Escalators Private Limited, Aarve Lift Products Private Limited, Surya Elevators Private Limited and 1 more | Director | 25 Apr 2016 | 10 Years 6 Months | Current |
| Pathipati Rajani Also directs: Velgro Reality Ventures Private Limited | Director | 15 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Ridemix Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Passenger Transport Services), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Poorna Accelerat Private Limited | ₹33.66 Lakh (FY 2024) | 178.0% | Bangalore, Karnataka, India | |||
| Ridemix Solutions Private Limitedthis company | ₹32.81 Lakh (FY 2025) | ₹2.19 Lakh | 6.7% | -61.0% | Bangalore, Karnataka, India | |
| The Sheikhupura Transport Co Pvt Ltd | ₹32.09 Lakh (FY 2025) | -92.0% | Lajpat Nagar, Punjab, India | |||
| Deendayal Katni City Bus Services Limited | ₹31.68 Lakh (FY 2024) | 96.0% | Katni, Madhya Pradesh, India | |||
| Gauhar Enterprises Private Limited | ₹30.19 Lakh (FY 2025) | -24.0% | Baripal, Uttar Pradesh, India |
To see the full peer comparison of Ridemix Solutions Private Limited, buy the company report.
Auditor
Ridemix Solutions Private Limited is audited by TOTARENUKAPATHI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TOTARENUKAPATHI | FY 2023 | 240349 |
Shareholding
The shareholding of Ridemix 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 Ridemix Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ridemix 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 Ridemix Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ridemix Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR8281N1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ridemix Solutions Private Limited, buy the company report.
Recent activity
Ridemix Solutions Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Pathipati Rajani was appointed as Director on 15 Aug 2024.
Frequently asked questions
Ridemix Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in passenger transport, within the transport and logistics industry. It was incorporated on 25 April 2016 (10+ years old) and is registered under CIN U72900KA2016PTC092486.
Ridemix Solutions has 3 current directors:
- Sumanth Gopalarao Eluru - Director
- Kovuru Arunachalam - Director
- Pathipati Rajani - Director
The latest financial statements of Ridemix 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 2017 are in the company report.
The GSTIN of Ridemix Solutions is 29AAHCR8281N1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Ridemix Solutions is U72900KA2016PTC092486. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ridemix Solutions was incorporated on 25 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ridemix Solutions by revenue are Poorna Accelerat Private Limited, The Sheikhupura Transport Co Pvt Ltd, Deendayal Katni City Bus Services Limited, Gauhar Enterprises Private Limited, all in the Transport and Logistics industry (Passenger Transport Services), with the same principal business activity (land transport via road).
Pathipati Rajani was appointed as Director on 15 Aug 2024. Kovuru Arunachalam was appointed as Director on 25 Apr 2016. Sumanth Gopalarao Eluru was appointed as Director on 25 Apr 2016.
Ridemix Solutions can be reached through the website ridemix.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ridemix Solutions is at #10A 2nd Floor 16th Cross 18th Main Padmanabha Nagar, Bangalore, Karnataka, India – 560070.
Ridemix Solutions operates in the transport and logistics industry, in the passenger transport segment.
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