MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0009595
Rip-It Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.09 Cr
▲ 21% YoY
Net profit · FY 2025
₹42.32 Lakh
Net margin 7%
EBITDA · FY 2025
₹73.13 Lakh
EBITDA margin 12%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.1 Lakh
Issued & subscribed
Open charges
₹1.16 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
40
Provident fund records
About Rip-It Solutions Private Limited
Data last updated:
Rip-It Solutions Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Clear View Systems Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012FTC085378. Its GSTIN is 33AAFCR8317K1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Aiylam Natarajan Sridhar and Sriram Sridhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.09 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹42.32 Lakh (net margin 7%) and EBITDA of ₹73.13 Lakh (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.16 Cr on record.
Rip-It Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0009595). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ripitsolutions.com.
Company Details of Rip-It Solutions Private Limited
CIN U72900TN2012FTC085378
Registration Number 085378
Incorporation Date 11 April 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Clear View Systems Inc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0009595
Key People
Aiylam Natarajan Sridhar Director Sriram Sridhar Director Jason Michael Polstein Director Recognitions & Rankings of Rip-It Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address373 – 376 1st Flr West Wing 1st Cross St, Nehru Ngr Omr Kottivakkam, Chennai, Tamil Nadu, India – 600041
- IndustryInformation Technology, IT Consulting & Support Services, Software Development & Support Services
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Business Activity of Rip-It Solutions Private Limited
The main business activity of Rip-It Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Rip-It Solutions Private Limited FY 2025 filings available
Rip-It Solutions Private Limited reported revenue of ₹6.09 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹6.09 Cr ▲ 21%
Net profit · FY 2025
₹42.32 Lakh margin 7%
EBITDA · FY 2025
₹73.13 Lakh margin 12%
Compounded Annual Growth Rate (CAGR) of Rip-It Solutions Private Limited
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 25%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 22%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 21% growth in the latest year. EBITDA rose 20% 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 Rip-It Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹73.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.32 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 of Rip-It Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7% | •••• | •••• | •••• | •••• |
| 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 Rip-It Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Rip-It Solutions Private Limited
Rip-It Solutions has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aiylam Natarajan Sridhar | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Sriram Sridhar | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Jason Michael Polstein | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Matthew Evan Polstein | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Michael Allan Polstein | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
Peer Comparison of Rip-It Solutions Private Limited
Rip-It Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ccube Fintech Global Services Private Limited | ₹6.11 Cr (FY 2019) | •••• | •••• | -14.0% | •••• | Hyderabad, Telangana, India |
| Aark Infosoft Private Limited | ₹6.11 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Hvantage Tech Solutions Private Limited | ₹6.1 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Indore, Madhya Pradesh, India |
| Benefitone Engagement Technologies Private Limited | ₹6.1 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Bestit Software Solutions Private Limited | ₹6.1 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Haryana, India |
| Rip-It Solutions Private Limited this company | ₹6.09 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Ample Softwares Private Limited | ₹6.08 Cr (FY 2017) | •••• | •••• | 102.0% | •••• | Bangalore, Karnataka, India |
| Hexatic Tech Private Limited | ₹6.08 Cr (FY 2025) | •••• | •••• | 188.0% | •••• | Pune, Maharashtra, India |
| Lazy Geniouz Private Limited | ₹6.07 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | Thane, Maharashtra, India |
| Ascendia Technology Solutions (India) Private Limited | ₹6.06 Cr (FY 2016) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Veniso Solutions Private Limited | ₹6.06 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Rip-It Solutions by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rip-It Solutions Private Limited
Rip-It Solutions Private Limited is audited by M S P S & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S P S & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Rip-It Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Rip-It Solutions Private Limited
Open charges
₹1.16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2024 | Hdfc Bank Limited | ₹48.54 Lakh | Open |
| 11 May 2023 | Hdfc Bank Limited | ₹16 Lakh | Open |
| 03 Mar 2022 | Axis Bank Limited | ₹11.95 Lakh | Open |
| 30 Oct 2020 | Axis Bank Limited | ₹40 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Rip-It Solutions Private Limited
Rip-It Solutions Private Limited has a workforce of 40 employees as of Apr 09, 2024.
Employee count
40
Active EPFO establishments
1
Employee growth
11.11%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Rip-It Solutions Private Limited
Rip-It Solutions Private Limited has 5 board changes on record since 2012: 5 appointments. The latest: Aiylam Natarajan Sridhar was appointed as Director on 11 Apr 2012.
AGM
Rip-It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rip-It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 48.54 Lakh with Charge ID 101049432 was registered on 30 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Lakh with Charge ID 100773254 was registered on 11 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 11.95 Lakh with Charge ID 100548209 was registered on 03 Mar 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100385922 was registered on 30 Oct 2020.
Appointed
Aiylam Natarajan Sridhar was appointed as Director.
Appointed
Jason Michael Polstein was appointed as Director.
Appointed
Matthew Evan Polstein was appointed as Director.
Appointed
Michael Allan Polstein was appointed as Director.
Appointed
Sriram Sridhar was appointed as Director.
Incorporation
11 Apr 2012
Rip-It Solutions Private Limited was registered on 11 Apr 2012 with Roc Chennai & aged 14 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Rip-It Solutions Private Limited
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MSME Payment Delays by Rip-It Solutions Private Limited
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Subsidiaries & Group Companies of Rip-It Solutions Private Limited
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GST Compliance of Rip-It Solutions Private Limited
Rip-It Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR8317K1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Rip-It Solutions Private Limited
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Frequently Asked Questions about Rip-It Solutions Private Limited
Rip-It Solutions is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 April 2012 (14+ years old) and is registered under CIN U72900TN2012FTC085378.
Rip-It Solutions reported revenue of ₹6.09 Cr for FY 2025 (up 21% YoY).
Rip-It Solutions has 5 current directors:
- Aiylam Natarajan Sridhar - Director
- Sriram Sridhar - Director
- Jason Michael Polstein - Director
- Matthew Evan Polstein - Director
- Michael Allan Polstein - Director
Rip-It Solutions reported a net profit of ₹42.32 Lakh (net margin 7%) and EBITDA of ₹73.13 Lakh (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rip-It Solutions is 25% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rip-It Solutions is 33AAFCR8317K1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Rip-It Solutions is U72900TN2012FTC085378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rip-It Solutions was incorporated on 11 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Rip-It Solutions by revenue are Ccube Fintech Global Services Private Limited, Aark Infosoft Private Limited, Hvantage Tech Solutions Private Limited, Benefitone Engagement Technologies Private Limited, Bestit Software Solutions Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Aiylam Natarajan Sridhar was appointed as Director on 11 Apr 2012. Jason Michael Polstein was appointed as Director on 11 Apr 2012. Matthew Evan Polstein was appointed as Director on 11 Apr 2012. Rip-It Solutions has 5 board changes on record in total.
Yes, Rip-It Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0009595).