
About Riders India Technologies Private Limited
Data last updated:
Riders India Technologies Private Limited is a private limited company based in Karnal, Haryana, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 22 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2021PTC098672.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meenu Verma and Minti Verma.
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 H No. 203 Tower 2 Royal Residency Sec 32 Near Noor Mahal, Karnal, Haryana, India – 132001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.84 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4,731 (net margin -0.8%) and EBITDA of ₹2,882 (EBITDA margin 0.5%).
Riders India Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-10-0014767). For more details, the company can be reached via its website rapyd.co.in.
Company details
Recognitions & Rankings of Riders India Technologies
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-HR-10-0014767
Contact details
Riders India Technologies Private Limited's registered office is in Karnal, Haryana.
- Apps
- Registered AddressH No. 203 Tower 2 Royal Residency Sec 32 Near Noor Mahal, Karnal, Haryana, India – 132001
- IndustryBusiness Services, Other Services, Miscellaneous Business 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 Riders India Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Riders India Technologies Private Limited, buy the company report.
Financials of Riders India Technologies Private Limited
FY 2024 filings availableRiders India Technologies Private Limited reported revenue of ₹5.84 Lakh (up 80716% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹2,882 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4,731 | ||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.5% | ||
| Net Profit Margin | -0.8% | ||
| 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 Riders India Technologies Private Limited, buy the company report.
Board of directors of Riders India Technologies Private Limited
Riders India Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenu Verma | Director | 19 May 2022 | 4 Years 5 Months | Current |
| Minti Verma | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Riders India Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phalanx Infotech Private Limited | ₹5.85 Lakh (FY 2019) | -67.0% | Bhubaneswar, Odisha, India | |||
| Abighna IT and Services (OPC) Private Limited | ₹5.85 Lakh (FY 2020) | -54.0% | Ranchi, Jharkhand, India | |||
| Svapmatrix Private Limited | ₹5.85 Lakh (FY 2025) | 5698.0% | Tirupati, Andhra Pradesh, India | |||
| Dust Buddies Private Limited | ₹5.85 Lakh (FY 2025) | 64.0% | Gurugram, Haryana, India | |||
| Aptckline (OPC) Private Limited | ₹5.84 Lakh (FY 2025) | -42.0% | Ghaziabad, Uttar Pradesh, India | |||
| Riders India Technologies Private Limitedthis company | ₹5.84 Lakh (FY 2024) | -₹4,731 | -0.8% | 80716.0% | Karnal, Haryana, India | |
| Little Light Pedagogy Private Limited | ₹5.84 Lakh (FY 2024) | -33.0% | Jaipur, Rajasthan, India | |||
| Touchwood Enterprises Private Limited | ₹5.84 Lakh (FY 2024) | 162030.0% | Ranchi, Jharkhand, India | |||
| Manosheel Fine Chem Private Limited | ₹5.83 Lakh (FY 2025) | 49.0% | Delhi, India | |||
| Progressive Manpower Private Limited | ₹5.83 Lakh (FY 2024) | -36.0% | New Delhi, Delhi, India | |||
| Birbhum Institute of Rural Development Foundation | ₹5.83 Lakh (FY 2024) | 201.0% | Birbhum, West Bengal, India |
To see the full peer comparison of Riders India Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Riders India Technologies 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 Riders India Technologies 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 Riders India Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Riders India Technologies Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Manish Soni ceased to be Director on 19 May 2022.
Frequently asked questions
Riders India Technologies is an active private limited company based in Karnal, Haryana, India. The company works in other services, within the business services industry. It was incorporated on 22 October 2021 (5+ years old) and is registered under CIN U74999HR2021PTC098672.
Riders India Technologies has 2 current directors:
- Meenu Verma - Director
- Minti Verma - Director
The latest financial statements of Riders India Technologies 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Riders India Technologies is U74999HR2021PTC098672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riders India Technologies was incorporated on 22 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Riders India Technologies by revenue are Phalanx Infotech Private Limited, Abighna IT and Services (OPC) Private Limited, Svapmatrix Private Limited, Dust Buddies Private Limited, Aptckline (OPC) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Manish Soni ceased to be Director on 19 May 2022. Meenu Verma was appointed as Director on 19 May 2022. Minti Verma was appointed as Director on 22 Oct 2021.
Yes, Riders India Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Riders India Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-10-0014767).
Riders India Technologies can be reached through the website rapyd.co.in. Its registered office is in Karnal, Haryana, India.
The registered office of Riders India Technologies is at H No. 203 Tower 2 Royal Residency Sec 32 Near Noor Mahal, Karnal, Haryana, India – 132001.

