Rising Edge Systems Private Limited
About Rising Edge Systems Private Limited
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Rising Edge Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 August 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30006KA1987PTC008526. Its GSTIN is 29AABCR8771P1ZF (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.72 Lakh. It is led by directors Amrit Narayan Perur (Managing Director) and Vinod Khadilkar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.52 Serpentine Road Kumarapark West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2022, the company reported a revenue of ₹42.88 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.05 Lakh (net margin -14.1%) and EBITDA of -₹6.05 Lakh (EBITDA margin -14.1%). Revenue has grown at a compounded annual rate (CAGR) of 535% over three years and 64% over five years.
As per MCA filings, the company has open charges of ₹31.07 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.52 Serpentine Road Kumarapark West, Bangalore, Karnataka, India – 560020
- IndustryInformation Technology, 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
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Business Activity of Rising Edge Systems Private Limited
The main business activity of Rising Edge Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Rising Edge Systems Private Limited FY 2022 filings available
Rising Edge Systems Private Limited reported revenue of ₹42.88 Lakh (up 12151% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Rising Edge Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years. 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 Rising Edge Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹6.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.05 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rising Edge Systems Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -14.1% | •••• | •••• | •••• | •••• |
| 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 Rising Edge Systems 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 Rising Edge Systems Private Limited
Rising Edge Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (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 |
|---|---|---|---|---|---|---|
| Eko Infomatics Solutions Private Limited | ₹43.21 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Bangalore, Karnataka, India |
| Technoinfoware India Private Limited | ₹43.19 Lakh (FY 2023) | •••• | •••• | -48.0% | •••• | Bangalore, Karnataka, India |
| Dynamic Erp Consultants Private Limited | ₹43.05 Lakh (FY 2022) | •••• | •••• | 261.0% | •••• | Selaiyur, Tamil Nadu, India |
| Tossup Global Solutions Private Limited | ₹42.9 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Rabil Infotech Solutions Private Limited | ₹42.88 Lakh (FY 2022) | •••• | •••• | 126.0% | •••• | Hyderabad, Telangana, India |
| Rising Edge Systems Private Limited this company | ₹42.88 Lakh (FY 2022) | •••• | •••• | 12151.0% | •••• | Bangalore, Karnataka, India |
| Primemove Technologies Private Limited | ₹42.83 Lakh (FY 2019) | •••• | •••• | 669.0% | •••• | Kakkanad, Kerala, India |
| Surebot Technology Solutions Private Limited | ₹42.81 Lakh (FY 2020) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Rewardpay Services Private Limited | ₹42.79 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Delhi, India |
| Neogencode Technologies Private Limited | ₹42.77 Lakh (FY 2024) | •••• | •••• | •••• | Loni, Uttar Pradesh, India | |
| Green Leaf Business Solutions Private Limited | ₹42.77 Lakh (FY 2023) | •••• | •••• | 20.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Rising Edge Systems by revenue in the Information Technology industry (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 Rising Edge Systems Private Limited
Rising Edge Systems Private Limited is audited by SWAMY & VISWANATHA for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SWAMY & VISWANATHA | 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 Rising Edge Systems Private Limited
Rising Edge Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Khadilkar | Director | 01 Feb 2007 | 19 Years 8 Months | Current |
| Amrit Narayan Perur | Managing Director | 01 Sep 2005 | 21 Years 1 Months | Current |
Ownership and Shareholding of Rising Edge 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 Rising Edge Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2006 | State Bank of India | ₹25 Lakh | Open |
| 10 Apr 1996 | State Bank of India | ₹5 Lakh | Open |
| 05 Dec 1981 | Canara Bank | ₹1.07 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Rising Edge Systems Private Limited
Employment history and EPFO contributions of people linked to Rising Edge Systems.
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 Rising Edge Systems Private Limited
Rising Edge Systems Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Vinod Khadilkar was appointed as Director on 01 Feb 2007.
Credit Ratings, Litigation & Regulatory Alerts for Rising Edge 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 Rising Edge 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 Rising Edge 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 Rising Edge Systems Private Limited
Rising Edge Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR8771P1ZF | Karnataka | Active | 01 Jul 2017 |
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 Rising Edge 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 Rising Edge Systems Private Limited
Rising Edge Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 August 1987 (39+ years old) and is registered under CIN U30006KA1987PTC008526.
Rising Edge Systems reported revenue of ₹42.88 Lakh for FY 2022 (up 12151% YoY).
Rising Edge Systems has 2 current directors:
- Amrit Narayan Perur - Managing Director
- Vinod Khadilkar - Director
Rising Edge Systems reported a net loss of ₹6.05 Lakh (net margin -14.1%) and EBITDA of -₹6.05 Lakh (EBITDA margin -14.1%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rising Edge Systems is 535% over three years and 64% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rising Edge Systems is 29AABCR8771P1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Rising Edge Systems is U30006KA1987PTC008526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rising Edge Systems was incorporated on 12 August 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rising Edge Systems by revenue are Eko Infomatics Solutions Private Limited, Technoinfoware India Private Limited, Dynamic Erp Consultants Private Limited, Tossup Global Solutions Private Limited, Rabil Infotech Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Vinod Khadilkar was appointed as Director on 01 Feb 2007. Amrit Narayan Perur was appointed as Managing Director on 01 Sep 2005.
The registered office of Rising Edge Systems is at No.52 Serpentine Road Kumarapark West, Bangalore, Karnataka, India – 560020.