Rightway Solution (India) Private Limited - Company Profile

It is a information technology private limited company based in Ahmedabad, Gujarat, India, established in 2006.
2006 Ahmedabad, Gujarat, India Active
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About Rightway Solution (India) Private Limited

Rightway Solution (India) Private Limited, a active private limited company, was established on 29 May 2006 in Ahmedabad, Gujarat, India. Engaging in web design & maintenance services within the information and communication sector, it holds CIN: U72200GJ2006PTC048330. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

Formerly known as Rightway Solutions (India) Private Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Abhishak Shyamsunder Agarwal (Director), Nidhi Agrawal (Director). Past directors included Rakesh Rameshchandra Jain, Nimesh Ajitbhai Mehta, Nidhi Agrawal. It holds ₹2.29 Cr open charges and ₹0.40 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 603, 6Th Floor, Parshwanath Esquare, Corporate Road, Near Prahalad Nagar Gard, En, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72200GJ2006PTC048330

  • Registration Number

    048330

  • Incorporation Date

    29 May 2006

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.29 Cr
  • Satisfied Charges ₹ 0.40 M
  • Revenue Growth **** -11.02%
  • Profit Growth **** 145.24%
  • Ebitda **** -50.78%
  • Net Worth 1.29%
  • Total Assets **** 7.28%
Company report

Rightway Solution (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rightway Solution (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rightway Solution (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Abhishak Shyamsunder Agarwal Director 29 May 2006 Current
Nidhi Agrawal Director 15 May 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Nov 2022 Past
Pramod Abcsdd Director 07 Nov 2022 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

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Financial Performance of Rightway Solution (India).

Rightway Solution (India) Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 11.02% decrease. The company also saw a substantial improvement in profitability, with a 145.24% increase in profit. The company's net worth moved up by a moderate rise of 1.29%.

Rightway Solution (India) revenue growth over time
Rightway Solution (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -11.02%
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*******
*******
Revenue from Operations
*******
 -16.07%
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*******
*******
Total Assets
*******
 7.28%
*******
*******
*******
*******
Profit or Loss
*******
 145.24%
*******
*******
*******
*******
Net Worth
*******
 1.29%
*******
*******
*******
*******
EBITDA
*******
 -50.78%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rightway Solution (India)?

In 2017, Rightway Solution (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹22,900,000.00

Satisfied Charges

₹400,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 1.30 Cr
  • Kotak Mahindra Bank Limited : 0.99 Cr
Latest Charge Details
Date Lender Amount Status
14 Dec 2023 Hdfc Bank Limited ₹1.30 Cr Open
11 Mar 2010 Kotak Mahindra Bank Limited ₹9.90 M Open
04 Jun 2007 State Bank Of India ₹0.40 M Satisfied

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How Many Employees Work at Rightway Solution (India)?

Rightway Solution (India) has a workforce of 1 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rightway Solution (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rightway Solution (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rightway Solution (India)
Recent Activity within the Organization
  • Annual General Meeting

    Rightway Solution (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Rightway Solution (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.00 M with Charge ID 100866118 was registered on 14 Dec 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Kotak Mahindra Bank Limited amounted to Rs. 9.90 M with Charge ID 10213908 was registered on 11 Mar 2010. was completed.

  • Charges

    The activity A charge registered on 04 Jun 2007 via Charge ID 10056064 with State Bank Of India was fully satisfied on 17 Nov 2009. was completed.

  • Director Appointment

    Progress on Nidhi Agrawal was appointed as a Director was appointed as a Director on 15 May 2008 & has been associated with this company since 17 years 9 months . was documented.

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Frequently Asked Questions
What is the CIN of Rightway Solution (India) Private Limited?

The CIN of Rightway Solution (India) Private Limited is U72200GJ2006PTC048330.

Where is Rightway Solution (India) Private Limited headquartered?

Rightway Solution (India) Private Limited is headquartered at 603, 6Th Floor, Parshwanath Esquare, Corporate Road, Near Prahalad Nagar Gard, En, Ahmedabad, Gujarat, 380015.

When was Rightway Solution (India) Private Limited incorporated?

Rightway Solution (India) Private Limited was incorporated on 29 May 2006.

Who are the current directors of Rightway Solution (India) Private Limited?

The current directors of Rightway Solution (India) Private Limited are

What is the primary industry of Rightway Solution (India) Private Limited?

The primary industry of Rightway Solution (India) Private Limited is Information And Communication.

Is Rightway Solution (India) Private Limited a listed company?

Rightway Solution (India) Private Limited is unlisted.

What is the capital structure of Rightway Solution (India) Private Limited?

The authorized capital of Rightway Solution (India) Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Rightway Solution (India) Private Limited?

The compliance status of Rightway Solution (India) Private Limited is Compliant.

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