Right IT Solutions Private Limited
About Right IT Solutions Private Limited
Data last updated:
Right IT Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the office equipment segment of the electronics sector. It was incorporated on 16 August 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U30003MH1999PTC121294. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹20.11 Lakh. It was led by directors Aditya Madhusudan Bajaj (Managing Director) and Prashant Bajaj.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at C – 601 Aditya Chsl Svp Nagar 4 Bunglow Mhada Opp. Telephone Exchange, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,283, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹10,000 (net margin 88.6%) and EBITDA of ₹10,000 (EBITDA margin 88.6%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 70% over five years.
As per MCA filings, the company had satisfied charges of ₹40 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
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- Registered AddressC – 601 Aditya Chsl Svp Nagar 4 Bunglow Mhada Opp. Telephone Exchange, Mumbai, Maharashtra, India – 400053
- IndustryElectrnoics, Office Equipment, Manufacturing
- 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
Financials of Right IT Solutions Private Limited FY 2020 filings available
Right IT Solutions Private Limited reported revenue of ₹11,283 (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Right IT Solutions Private Limited
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA rose 101% 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 Right IT Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10,000 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Right IT Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 88.6% | •••• | •••• | •••• | •••• |
| 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 Right IT Solutions 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.
Auditor Details of Right IT Solutions Private Limited
Right IT Solutions Private Limited is audited by DAKHERA & DAKHERA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DAKHERA & DAKHERA | 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 Right IT Solutions Private Limited
Right IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Madhusudan Bajaj | Managing Director | 08 Sep 2001 | 25 Years 1 Months | As last reported |
| Prashant Bajaj | Director | 08 Sep 2001 | 25 Years 1 Months | As last reported |
Ownership and Shareholding of Right IT Solutions 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 Right IT Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2003 | Allahabad Bank | ₹40 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Right IT Solutions Private Limited
Right IT Solutions Private Limited has 5 court cases on record: 4 filed by Right IT Solutions, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Citi Bank N.A | Disposed |
| Bombay High Court | Appeal | Filed by the company against Maytag Investment and Trading Co. Pvt. Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed by the company against Maytag Investment Trading Company Pvt.Ltd | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed by the company against an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed by the company against Ms.Maytag Investments Trading Co. Pvt. Ltd | Disposed |
Full case history
All 5 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.
Employees and EPFO Compliance at Right IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Right IT Solutions.
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 Right IT Solutions Private Limited
Right IT Solutions Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Aditya Madhusudan Bajaj was appointed as Managing Director on 08 Sep 2001.
Credit Ratings, Litigation & Regulatory Alerts for Right IT Solutions 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 Right IT Solutions 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 Right IT Solutions 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 Right IT Solutions Private Limited
Right IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Right IT Solutions 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 Right IT Solutions Private Limited
Right IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Right IT Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in office equipment, within the electronics industry. It was incorporated on 16 August 1999 and is registered under CIN U30003MH1999PTC121294. The company has been struck off by the Registrar of Companies and is no longer operational.
Right IT Solutions had 2 directors:
- Aditya Madhusudan Bajaj - Managing Director
- Prashant Bajaj - Director
The CIN (Corporate Identification Number) of Right IT Solutions is U30003MH1999PTC121294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Right IT Solutions is at C – 601 Aditya Chsl Svp Nagar 4 Bunglow Mhada Opp. Telephone Exchange, Mumbai, Maharashtra, India – 400053.
Right IT Solutions was incorporated on 16 August 1999. It is registered with the Registrar of Companies, Mumbai.
Right IT Solutions reported revenue of ₹11,283 for FY 2020 (down 95% YoY).
Right IT Solutions has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹20.11 Lakh.
Right IT Solutions reported a net profit of ₹10,000 (net margin 88.6%) and EBITDA of ₹10,000 (EBITDA margin 88.6%) for FY 2020, as per its filed financial statements.
No. Right IT Solutions has 1 GST registration on record and it is cancelled or inactive.