About Rishi Systems Private Limited.
Data last updated:
Rishi Systems Private Limited. is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC026263. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.3 Lakh. It is led by directors including Sathya Shankar Marakini and Vidyagowri Marakini.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.5 Ground Floor 'Balaji Enclave' 13th 'A' Cross 2nd Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.62 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹2,700 (net margin 0.1%) and EBITDA of ₹5.21 Lakh (EBITDA margin 19.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
The company is associated with 1 brand: Rishisys Tech Solutions. As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rishisys.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.5 Ground Floor 'Balaji Enclave' 13th 'A' Cross 2nd Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Rishi Systems Private Limited.
The main business activity of Rishi Systems Private Limited 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rishi Systems Private Limited. FY 2019 filings available
Rishi Systems Private Limited. reported revenue of ₹26.62 Lakh (down 24% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Rishi Systems Private Limited.
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 24% fall in the latest year. EBITDA rose 14% 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 Rishi Systems Private Limited.
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹5.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2,700 | •••• | •••• | •••• | •••• |
| 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 Rishi Systems Private Limited.
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Rishi Systems Private Limited are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rishi Systems Private Limited.
Rishi Systems Private Limited. is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scrabble Technologies Private Limited | ₹26.67 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Baner, Maharashtra, India |
| GD Bikes Private Limited | ₹26.67 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Pune, Maharashtra, India |
| Hvhope IT Hub Private Limited | ₹26.66 Lakh (FY 2023) | •••• | •••• | 1843.0% | •••• | Petlad, Gujarat, India |
| Rigene Ventures Private Limited | ₹26.65 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | Ernakulam, Kerala, India |
| Solotech Services Private Limited | ₹26.63 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
| Rishi Systems Private Limited. this company | ₹26.62 Lakh (FY 2019) | •••• | •••• | -24.0% | •••• | Bangalore, Karnataka, India |
| Varnika Software Private Limited | ₹26.61 Lakh (FY 2024) | •••• | •••• | 36.0% | •••• | Delhi, India |
| Porus Software Consultants Private Limited | ₹26.6 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Codeit Softwares Limited | ₹26.58 Lakh (FY 2025) | •••• | •••• | 82.0% | •••• | Gurgaon, Haryana, India |
| Shakuntalam Softwares Private Limited | ₹26.57 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Microbitz Solutions Private Limited | ₹26.54 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Rishi Systems Private Limited by revenue in the Information Technology industry (Application Development, IT Consulting and Services), 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 Rishi Systems Private Limited.
Rishi Systems Private Limited. is audited by VENUGOPAL BHAT AND CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENUGOPAL BHAT AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rishi Systems Private Limited.
Rishi Systems Private Limited has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitra Rao Venkatagiri | Additional Director | 21 May 2010 | 16 Years 4 Months | Current |
| Sathya Shankar Marakini | Director | 06 Feb 2001 | 25 Years 8 Months | Current |
| Vidyagowri Marakini | Director | 26 Jan 2000 | 26 Years 8 Months | Current |
Ownership and Shareholding of Rishi Systems Private Limited.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rishi Systems Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2009 | Syndicate Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Rishi Systems Private Limited.
Rishi Systems Private Limited. has 1 court case on record: 1 filed by Rishi Systems Private Limited. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Rishi Systems Private Limited.
Rishi Systems Private Limited operates one associated brand: Rishisys Tech Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web development, software, app development, and IT consulting services. | rishisys.com |
Employees and EPFO Compliance at Rishi Systems Private Limited.
Rishi Systems Private Limited. has a workforce of 0 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rishi Systems Private Limited.
Rishi Systems Private Limited. has 6 board changes on record since 2000: 3 appointments and 3 cessations. The latest: Neerkaje Girish Mahabaleshwara ceased to be Director on 23 Jul 2019.
Credit Ratings, Litigation & Regulatory Alerts for Rishi Systems Private Limited.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rishi Systems Private Limited.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rishi Systems Private Limited.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rishi Systems Private Limited.
Rishi Systems Private Limited has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rishi Systems Private Limited.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rishi Systems Private Limited.
Rishi Systems Private Limited is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 January 2000 (26+ years old) and is registered under CIN U72200KA2000PTC026263.
Rishi Systems Private Limited reported revenue of ₹26.62 Lakh for FY 2019 (down 24% YoY).
Rishi Systems Private Limited has 3 current directors:
- Chaitra Rao Venkatagiri - Additional Director
- Sathya Shankar Marakini - Director
- Vidyagowri Marakini - Director
Rishi Systems Private Limited reported a net profit of ₹2,700 (net margin 0.1%) and EBITDA of ₹5.21 Lakh (EBITDA margin 19.6%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rishi Systems Private Limited is -19% over three years and -8% over five years. In the latest year (FY 2019) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
No. Rishi Systems Private Limited has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rishi Systems Private Limited is U72200KA2000PTC026263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishi Systems Private Limited has 1 court case on record: 1 filed by the company.
Rishi Systems Private Limited was incorporated on 24 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rishi Systems Private Limited by revenue are Scrabble Technologies Private Limited, GD Bikes Private Limited, Hvhope IT Hub Private Limited, Rigene Ventures Private Limited, Solotech Services Private Limited and 5 more, all in the Information Technology industry (Application Development, IT Consulting and Services).
Neerkaje Girish Mahabaleshwara ceased to be Director on 23 Jul 2019. Mahabaleshwara Bhat ceased to be Director on 30 Mar 2018. Umeshchand Sripathi ceased to be Director on 11 Jul 2016. Rishi Systems Private Limited has 6 board changes on record in total.