Righturn Asset Solutions Limited
About Righturn Asset Solutions Limited
Data last updated:
Righturn Asset Solutions Limited is a public limited company based in Karwar, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 17 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PLC117684. Its GSTIN is 29ABBCS0162J1ZB (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 Divya Devidas Gaonkar (Whole-Time Director) and Safal Gaonkar.
Its last annual general meeting (AGM) was held on 01 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 938C/IV/4 4th Floor Shree Mangeshi Mahalasa, Vijaynagar Kuraswada K.H.B Colony Karwar, Karnataka, India – 581301.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.12 Lakh. For the same year it recorded a net profit of ₹1.5 Lakh (net margin 48%) and EBITDA of ₹1.53 Lakh (EBITDA margin 49%).
Company details
Contact details
Righturn Asset Solutions Limited's registered office is in Karwar, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 938C/IV/4 4th Floor Shree Mangeshi Mahalasa, Vijaynagar Kuraswada K.H.B Colony Karwar, Karnataka, India – 581301
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Righturn Asset Solutions 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
Business activity
The main business activity of Righturn Asset Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Righturn Asset Solutions Limited, buy the company report.
Financials of Righturn Asset Solutions Limited
FY 2024 filings availableRighturn Asset Solutions Limited reported revenue of ₹3.12 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.5 Lakh | ||||
| 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49% | ||||
| Net Profit Margin | 48% | ||||
| 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 Righturn Asset Solutions Limited, buy the company report.
Board of directors of Righturn Asset Solutions Limited
Righturn Asset Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Safal Gaonkar Also directs: Sunbio Greenhouse Private Limited, Sunbio Agritech Limited, Saiakshar Packaging Solutions Private Limited and 1 more | Director | 24 Dec 2022 | 3 Years 10 Months | Current |
| Divya Devidas Gaonkar Also directs: Sunbio Greenhouse Private Limited, Jini Alkaline Water Private Limited, Exomars Technologies Private Limited and 1 more | Whole-Time Director | 17 Oct 2018 | 8 Years 0 Months | Current |
| Vaishnavi K Gurav Also directs: Durgadevi Marketing Private Limited | Director | 16 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Righturn Asset Solutions Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Linkweb Technology Private Limited | ₹3.13 Lakh (FY 2022) | -33.0% | Mehsana, Gujarat, India | |||
| Enbose India Private Limited | ₹3.13 Lakh (FY 2024) | 19.0% | Bengaluru, Karnataka, India | |||
| Orbus Consulting Private Limited | ₹3.12 Lakh (FY 2022) | 8.0% | Hyderabad, Telangana, India | |||
| Entropy Info Private Limited | ₹3.12 Lakh (FY 2016) | -78.0% | Bhubaneswar, Odisha, India | |||
| Righturn Asset Solutions Limitedthis company | ₹3.12 Lakh (FY 2024) | ₹1.5 Lakh | 48% | Karwar, Karnataka, India | ||
| Axonaio Technologies Private Limited | ₹3.12 Lakh (FY 2024) | 837.0% | Bardhaman, West Bengal, India | |||
| Trailblazers Calibration and Testing Laboratory Private Limited | ₹3.12 Lakh (FY 2025) | 209.0% | New Delhi, Delhi, India | |||
| North South Marketing Private Limited | ₹3.12 Lakh (FY 2022) | -99.0% | Chandigarh, India |
To see the full peer comparison of Righturn Asset Solutions Limited, buy the company report.
Legal cases
No court or tribunal cases involving Righturn Asset Solutions 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 Righturn Asset Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Righturn Asset Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABBCS0162J1ZB | Karnataka | Active | 29 Jul 2019 |
To see the full GST registrations and return filing status of Righturn Asset Solutions Limited, buy the company report.
Recent activity
Righturn Asset Solutions Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Vaishnavi K Gurav was appointed as Director on 16 Sep 2025.
Frequently asked questions
Righturn Asset Solutions is an active public limited company based in Karwar, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 17 October 2018 (8+ years old) and is registered under CIN U74999KA2018PLC117684.
Righturn Asset Solutions has 3 current directors:
- Divya Devidas Gaonkar - Whole-Time Director
- Safal Gaonkar - Director
- Vaishnavi K Gurav - Director
The latest financial statements of Righturn Asset Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 01 May 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Righturn Asset Solutions is 29ABBCS0162J1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Righturn Asset Solutions is U74999KA2018PLC117684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Righturn Asset Solutions was incorporated on 17 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Righturn Asset Solutions by revenue are Linkweb Technology Private Limited, Enbose India Private Limited, Orbus Consulting Private Limited, Entropy Info Private Limited, Axonaio Technologies Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Vaishnavi K Gurav was appointed as Director on 16 Sep 2025. Safal Gaonkar was appointed as Director on 24 Dec 2022. Deekshith Gunda ceased to be Additional Director on 23 Dec 2022. Righturn Asset Solutions has 7 board changes on record in total.
The registered office of Righturn Asset Solutions is at Flat No. 938CIV4 4th Floor Shree Mangeshi Mahalasa, Vijaynagar Kuraswada K.H.B Colony Karwar, Karnataka, India – 581301.
Righturn Asset Solutions operates in the business services industry, in the other services segment.
Righturn Asset Solutions can be reached at its registered office: Flat No. 938CIV4 4th Floor Shree Mangeshi Mahalasa, Vijaynagar Kuraswada K.H.B Colony Karwar, Karnataka, India – 581301.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
