- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GJ-24-0074651

About Rishabh Software Private Limited
Data last updated:
Rishabh Software Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 06 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1997PTC031450. Its GSTIN is 24AAACR9028G1ZH (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.9 Cr and a paid-up capital of ₹1.87 Cr. It is led by directors Swati Rajendra Shah (Managing Director) and Arpita Saumil Shah.
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 Plot No.66 Beside Sigil India Padra Road Atladara, Vadodara, Gujarat, India – 390012.
As per the financials filed for FY 2025, the company reported a revenue of ₹194.48 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹24.01 Cr (net margin 12.3%) and EBITDA of ₹36.83 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 24% over five years.
The company has about 607 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rishabh Software. As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹56.69 Cr on record. Court records list 29 cases involving the company, including 26 filed by the company and 3 filed against it; 1 case is pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹4.83 Cr; the latest was in December 2018. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 9 micro and small suppliers.
Rishabh Software Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0074651). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rishabhsoft.com.
Company details
Recognitions & Rankings of Rishabh Software
Contact details
Rishabh Software Private Limited's registered office is in Vadodara, Gujarat. Its website is rishabhsoft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.66 Beside Sigil India Padra Road Atladara, Vadodara, Gujarat, India – 390012
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Rishabh Software Private 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
Brands
Rishabh Software operates one associated brand: Rishabh Software. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in mobile and web application development services. | rishabhsoft.com |
Business activity
The main business activity of Rishabh Software 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 Rishabh Software Private Limited, buy the company report.
Financials of Rishabh Software Private Limited
FY 2025 filings availableRishabh Software Private Limited reported revenue of ₹194.48 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 1% growth in the latest year. EBITDA fell 5% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹36.83 Cr | ||||
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| Net Profit (PAT) | ₹24.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 12.3% | ||||
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To see the full financial statements and ratios of Rishabh Software Private Limited, buy the company report.
Board of directors of Rishabh Software Private Limited
Rishabh Software has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpita Saumil Shah Also directs: Rishabh Techfin Ifsc LLP, Rishabh Pro Engineering Services Private Limited, Fivealive Productivity Private Limited and 1 more | Director | 28 Apr 2021 | 5 Years 6 Months | Current |
| Swati Rajendra Shah Also directs: Rishabh Techfin Ifsc LLP, Rishabh Pro Engineering Services Private Limited, Fivealive Productivity Private Limited and 1 more | Managing Director | 06 Jan 1997 | 29 Years 10 Months | Current |
Auditor
Rishabh Software Private Limited is audited by MUKUND & ROHIT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND & ROHIT | FY 2023 | 113375W |
Shareholding
The shareholding of Rishabh Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rishabh Software Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101132613 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 09 Aug 2024 | 100968862 | Others | ₹18 Cr | Open | |
| 24 May 2016 | 100029498 | Others | ₹18.56 Cr | Satisfied | |
| 23 Sep 2011 | 10310048 | Others | ₹16.67 Cr | Satisfied | |
| 16 Jun 2006 | 10006361 | State Bank of Saurashtra | ₹2.15 Cr | Satisfied |
To see the full charge records of Rishabh Software Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Rishabh Software Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹4.83 Cr; the latest was in December 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: Rishi Informatics Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Sep 2011 | Funding round | ₹51 Lakh | Investors: an individual |
To see the full deal history of Rishabh Software Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rishabh Software Private Limited has 29 court cases on record: 26 filed by Rishabh Software, 3 filed against it. 1 case is pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 1 | 1 |
| High courts | 7 | 2 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by an individual | Disposed |
To see the full case history of Rishabh Software Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Rishabh Software Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Lobel Solar Power System | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rishabh Software Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rishabh Software Private Limited has a workforce of 607 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 607 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rishabh Software Private Limited, buy the company report.
GST
Rishabh Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9028G1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rishabh Software Private Limited, buy the company report.
Recent activity
Rishabh Software Private Limited has 8 board changes on record since 1997: 2 appointments and 6 cessations. The latest: Arpita Saumil Shah ceased to be Additional Director on 30 Sep 2021.
16 earlier events are in the company report.
Frequently asked questions
Rishabh Software is an active private limited company based in Vadodara, Gujarat, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 06 January 1997 (29+ years old) and is registered under CIN U72200GJ1997PTC031450.
Rishabh Software has 2 current directors:
- Swati Rajendra Shah - Managing Director
- Arpita Saumil Shah - Director
The latest financial statements of Rishabh Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rishabh Software is 24AAACR9028G1ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rishabh Software is U72200GJ1997PTC031450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishabh Software has 29 court cases on record: 26 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Rishabh Software was incorporated on 06 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rishabh Software has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹4.83 Cr; the latest was in December 2018.
Arpita Saumil Shah ceased to be Additional Director on 30 Sep 2021. Arpita Saumil Shah was appointed as Director on 28 Apr 2021. Manoranjan Prabhulal Shah ceased to be Director on 28 Apr 2021. Rishabh Software has 8 board changes on record in total.
Yes, Rishabh Software is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0074651).
Rishabh Software has 5 MSME Form 1 returns on record between 2019 and 2023, listing 25 overdue payments to 9 micro and small suppliers. The latest return was filed on 03 Jan 2024.

