Rigs Business Solutions Private Limited
About Rigs Business Solutions Private Limited
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Rigs Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 04 March 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC158603.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chembil Suhas Anjali and Subin Dev Pottokaran Radhakrishnan.
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 No. 1 Hadosiddapura Carmelarama, Bangalore, Karnataka, India – 560035.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.19 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Lakh (net margin -19.1%) and EBITDA of -₹8,876 (EBITDA margin -1.4%).
Company details
Contact details
Rigs Business Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 1 Hadosiddapura Carmelarama, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, Database Management & Solutions
- 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 Rigs Business Solutions is professional, scientific and technical activities. 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 activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Rigs Business Solutions Private Limited, buy the company report.
Financials of Rigs Business Solutions Private Limited
FY 2024 filings availableRigs Business Solutions Private Limited reported revenue of ₹6.19 Lakh (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44% in the latest year. EBITDA fell 104% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹8,876 | ||
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| Net Profit (PAT) | -₹1.18 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | -1.4% | ||
| Net Profit Margin | -19.1% | ||
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To see the full financial statements and ratios of Rigs Business Solutions Private Limited, buy the company report.
Board of directors of Rigs Business Solutions Private Limited
Rigs Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chembil Suhas Anjali | Director | 04 Mar 2022 | 4 Years 7 Months | Current |
| Subin Dev Pottokaran Radhakrishnan | Director | 04 Mar 2022 | 4 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Rigs Business Solutions 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 Rigs Business Solutions 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 Rigs Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rigs Business Solutions Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Ivy Emmanuel ceased to be Director on 21 Apr 2024.
Frequently asked questions
Rigs Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 04 March 2022 (4+ years old) and is registered under CIN U72900KA2022PTC158603.
Rigs Business Solutions has 2 current directors:
- Chembil Suhas Anjali - Director
- Subin Dev Pottokaran Radhakrishnan - Director
The latest financial statements of Rigs Business Solutions 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 Rigs Business Solutions is U72900KA2022PTC158603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rigs Business Solutions was incorporated on 04 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Ivy Emmanuel ceased to be Director on 21 Apr 2024. Abishek Thavalathil Suresh ceased to be Director on 28 Jan 2023. Chembil Suhas Anjali was appointed as Director on 04 Mar 2022. Rigs Business Solutions has 4 board changes on record in total.
The registered office of Rigs Business Solutions is at No. 1 Hadosiddapura Carmelarama, Bangalore, Karnataka, India – 560035.
Rigs Business Solutions operates in the information technology industry, in the database management and solutions segment.
Rigs Business Solutions can be reached at its registered office: No. 1 Hadosiddapura Carmelarama, Bangalore, Karnataka, India – 560035.
Rigs Business Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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