Riderwings Foundation - non-profit organizations in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U85300GJ2021NPL125633 Incorporated 15 September 2021 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Not For Profit Company non-profit organizations Startup India MSME · Micro
Data last updated
Revenue · FY 2025
₹21,030
▼ 62% YoY
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting

About Riderwings Foundation

Data last updated:

Riderwings Foundation is a private not for profit company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 15 September 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2021NPL125633.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors Ankita Arvindbhai Korlvala and Indiraben Arvindbhai Koralwala.

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 A 15 Krupasagar Society Nr Mansarovar Society Ioc Road Chandkheda, Ahmedabad, Gujarat, India – 382470.

As per the financials filed for FY 2025, the company reported a revenue of ₹21,030, a decline of 62% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.

The company is associated with 1 brand: Riderwings Foundation.

Riderwings Foundation is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0104801). For more details, the company can be reached via its website riderwings.org.

Company details

CIN U85300GJ2021NPL125633
Registration Number 125633
Incorporation Date 15 September 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0104801

Recognitions & Rankings of Riderwings Foundation

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-GJ-01-0104801

Contact details

Riderwings Foundation's registered office is in Ahmedabad, Gujarat. Its website is riderwings.org. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    A 15 Krupasagar Society Nr Mansarovar Society Ioc Road Chandkheda, Ahmedabad, Gujarat, India – 382470
  • Industry
    Non-Profit Organizations, Social Work

To see the full contact details of Riderwings Foundation, buy the company report.

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  • Legal cases, compliance and MCA filings
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Brands

Riderwings Foundation operates one associated brand: Riderwings Foundation. Each brand links to its own profile.

BrandDescriptionWebsite
Support for delivery riders in India through community and non-profit initiatives.riderwings.org

Business activity

The main business activity of Riderwings Foundation is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other Hospital and Medical Care Activities

To see the full business activity and turnover split of Riderwings Foundation, buy the company report.

Financials of Riderwings Foundation

FY 2025 filings available

Riderwings Foundation reported revenue of ₹21,030 (down 62% YoY) for FY 2025.

Revenue · FY 2025
₹21,030 ▼ 62%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 1%

Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. 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 2021-22
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2021-22
Profitability
EBITDA Margin
Net Profit Margin
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 Riderwings Foundation, buy the company report.

Board of directors of Riderwings Foundation

Riderwings Foundation has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankita Arvindbhai KorlvalaDirector15 Sep 20215 Years 1 MonthsCurrent
Indiraben Arvindbhai KoralwalaDirector15 Sep 20215 Years 1 MonthsCurrent

Peer comparison

Riderwings Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Galactic Pharmaceuticals Private Limited₹21,871 (FY 2019)Yavatmal, Maharashtra, India
Aethos Healthcare Private Limited₹21,558 (FY 2025)-95.0%Delhi, India
Ibv Foundation₹21,500 (FY 2021)Surat, Gujarat, India
Sonali Somaj Welfare Foundation₹21,280 (FY 2024)Bishnupur, West Bengal, India
Surgident India Private Limited₹21,100 (FY 2023)Delhi, India
Riderwings Foundationthis company₹21,030 (FY 2025)-62.0%Ahmedabad, Gujarat, India
One Stop Medicare Limited₹21,000 (FY 2019)2.0%Kolkata, West Bengal, India
Spinzer Pharmaceuticals Private Limited₹20,988 (FY 2024)-5.0%New Delhi, Delhi, India
Medimark Laboratories Private Limited₹20,834 (FY 2023)Thiruvananthapuram, Kerala, India
Accord Drugstore Private Limited₹20,725 (FY 2022)Pune, Maharashtra, India
VJM Life Sciences Private Limited₹20,705 (FY 2024)-36.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of Riderwings Foundation, buy the company report.

Auditor

Riderwings Foundation is audited by ACHG & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ACHG & ASSOCIATESFY 2022012705C

Shareholding

The shareholding of Riderwings Foundation is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Riderwings Foundation, buy the company report.

MSME payment delays

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

Employees & EPFO

Riderwings Foundation has 1 active EPFO establishment as of Apr 05, 2024.

Active EPFO establishments
1

GST

No GST registration is on our record for Riderwings Foundation; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Riderwings Foundation has 2 board changes on record since 2021: 2 appointments. The latest: Ankita Arvindbhai Korlvala was appointed as Director on 15 Sep 2021.

AGM
Riderwings Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Riderwings Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ankita Arvindbhai Korlvala was appointed as Director.
Appointed
Indiraben Arvindbhai Koralwala was appointed as Director.
Incorporation
15 Sep 2021
Riderwings Foundation was registered on 15 Sep 2021 with Roc Ahmedabad & aged 5 years 1 month as per MCA records.

Frequently asked questions

Riderwings Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 15 September 2021 (5+ years old) and is registered under CIN U85300GJ2021NPL125633.

Riderwings Foundation has 2 current directors:

The latest financial statements of Riderwings Foundation 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 2022 are in the company report.

The CIN (Corporate Identification Number) of Riderwings Foundation is U85300GJ2021NPL125633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Riderwings Foundation was incorporated on 15 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Riderwings Foundation by revenue are Galactic Pharmaceuticals Private Limited, Aethos Healthcare Private Limited, Ibv Foundation, Sonali Somaj Welfare Foundation, Surgident India Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).

Ankita Arvindbhai Korlvala was appointed as Director on 15 Sep 2021. Indiraben Arvindbhai Koralwala was appointed as Director on 15 Sep 2021.

Yes, Riderwings Foundation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Riderwings Foundation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0104801).

Riderwings Foundation can be reached through the website riderwings.org. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Riderwings Foundation is at A 15 Krupasagar Society Nr Mansarovar Society Ioc Road Chandkheda, Ahmedabad, Gujarat, India – 382470.