Rip-It Solutions Private Limited - Company Profile

It is a information technology foreign private limited company based in Chennai City Corporation, Tamil Nadu, India, established in 2012.
2012 Chennai City Corporation, Tamil Nadu, India Active
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About Rip-It Solutions Private Limited

Rip-It Solutions Private Limited, a active foreign private limited company, was established on 11 April 2012 in Chennai City Corporation, Tamil Nadu, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72900TN2012FTC085378. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.11 M.

It upholds a compliant status. Employing 40 professional, Its leadership includes Aiylam Natarajan Sridhar (Director), Sriram Sridhar (Director), Jason Michael Polstein (Director). It holds ₹1.16 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 373-376 1St Flr West Wing 1St Cross St, Nehru Ngr Omr Kottivakkam, Chennai City Corporation, Tamil Nadu, 600041.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900TN2012FTC085378

  • Registration Number

    085378

  • Incorporation Date

    11 April 2012

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.11 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.16 Cr
  • Revenue Growth **** 3.88%
  • Profit Growth **** 10.57%
  • Ebitda **** 25.85%
  • Net Worth 33.16%
  • Total Assets **** 45.99%
Company report

Rip-It Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rip-It Solutions 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 Rip-It Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Aiylam Natarajan Sridhar Director 11 Apr 2012 Current
Sriram Sridhar Director 11 Apr 2012 Current
Jason Michael Polstein Director 11 Apr 2012 Current
Matthew Evan Polstein Director 11 Apr 2012 Current
Michael Allan Polstein Director 11 Apr 2012 Current

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Financial Performance of Rip-It Solutions.

Rip-It Solutions Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 3.88% increase. The company also saw a substantial improvement in profitability, with a 10.57% increase in profit. The company's net worth Soared by an impressive increase of 33.16%.

Rip-It Solutions revenue growth over time
Rip-It Solutions 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
********
 3.88%
*******
*******
*******
*******
Revenue from Operations
*******
 3.88%
*******
*******
*******
*******
Total Assets
*******
 45.99%
*******
*******
*******
*******
Profit or Loss
*******
 10.57%
*******
*******
*******
*******
Net Worth
*******
 33.16%
*******
*******
*******
*******
EBITDA
*******
 25.85%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rip-It Solutions?

In 2020, Rip-It Solutions had a promoter holding of 100.00%. 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

₹11,648,530.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 0.65 Cr
  • Axis Bank Limited : 0.52 Cr
Latest Charge Details
Date Lender Amount Status
30 Nov 2024 Hdfc Bank Limited ₹4.85 M Open
11 May 2023 Hdfc Bank Limited ₹1.60 M Open
03 Mar 2022 Axis Bank Limited ₹1.20 M Open
30 Oct 2020 Axis Bank Limited ₹4.00 M Open

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How Many Employees Work at Rip-It Solutions?

Rip-It Solutions has a workforce of 40 employees as of Apr 09, 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 Rip-It Solutions, 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 Rip-It Solutions'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 Rip-It Solutions
Recent Activity within the Organization
  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.85 M with Charge ID 101049432 was registered on 30 Nov 2024. was recorded as a recent event.

  • Annual General Meeting

    Progress on Rip-It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Rip-It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.60 M with Charge ID 100773254 was registered on 11 May 2023. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.20 M with Charge ID 100548209 was registered on 03 Mar 2022. was recorded as a recent event.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 4.00 M with Charge ID 100385922 was registered on 30 Oct 2020. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Rip-It Solutions Private Limited?

The CIN of Rip-It Solutions Private Limited is U72900TN2012FTC085378.

Where is Rip-It Solutions Private Limited headquartered?

Rip-It Solutions Private Limited is headquartered at 373-376 1St Flr West Wing 1St Cross St, Nehru Ngr Omr Kottivakkam, Chennai City Corporation, Tamil Nadu, 600041.

When was Rip-It Solutions Private Limited incorporated?

Rip-It Solutions Private Limited was incorporated on 11 April 2012.

Who are the current directors of Rip-It Solutions Private Limited?

The current directors of Rip-It Solutions Private Limited are

What is the primary industry of Rip-It Solutions Private Limited?

The primary industry of Rip-It Solutions Private Limited is Information And Communication.

Is Rip-It Solutions Private Limited a listed company?

Rip-It Solutions Private Limited is unlisted.

What is the capital structure of Rip-It Solutions Private Limited?

The authorized capital of Rip-It Solutions Private Limited is ₹0.20 M, and the paid-up capital is ₹0.11 M.

What is the compliance status of Rip-It Solutions Private Limited?

The compliance status of Rip-It Solutions Private Limited is Compliant.

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