Risingsun Welfare Foundation
About Risingsun Welfare Foundation
Data last updated:
Risingsun Welfare Foundation is a private not for profit company based in Jaipur, Rajasthan, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 11 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U85300RJ2019NPL063936.
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Raghav Mittal and Puneet Goyal.
Its last annual general meeting (AGM) was held on 18 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 94 Mezzanine Floor Fortune Heights Subhash Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2024, the company reported a revenue of ₹17,757, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,397 (net margin -7.9%) and EBITDA of -₹1,397 (EBITDA margin -7.9%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Risingsun Welfare Foundation's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 94 Mezzanine Floor Fortune Heights Subhash Marg C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryNon-Profit Organizations, Social Work
To see the full contact details of Risingsun Welfare Foundation, 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
Business activity
The main business activity of Risingsun Welfare Foundation is human health and social work activities. In detail, this covers social work activities without accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 88 | Social work activities without accommodation |
To see the full business activity and turnover split of Risingsun Welfare Foundation, buy the company report.
Financials of Risingsun Welfare Foundation
FY 2024 filings availableRisingsun Welfare Foundation reported revenue of ₹17,757 (up 271% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 76% over three years, including 271% growth in the latest year. EBITDA rose 95% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹1,397 | ||||
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| Net Profit (PAT) | -₹1,397 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -7.9% | ||||
| Net Profit Margin | -7.9% | ||||
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To see the full financial statements and ratios of Risingsun Welfare Foundation, buy the company report.
Board of directors of Risingsun Welfare Foundation
Risingsun Welfare Foundation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Mittal Also directs: Thysun Technologies Private Limited, Sunalpha Projects Private Limited, Sunalpha Energy Private Limited and 2 more | Director | 11 Feb 2019 | 7 Years 8 Months | Current |
| Puneet Goyal Also directs: Thysun Technologies Private Limited, Punar Ecotech Private Limited, Sunalpha Projects Private Limited and 3 more | Director | 11 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Risingsun Welfare Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (social work activities without accommodation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayu Women Foundation | ₹20,000 (FY 2024) | Namakkal, Tamil Nadu, India | ||||
| Momin Charitable Foundation | ₹18,652 (FY 2025) | Goalpokhar, West Bengal, India | ||||
| Hadkarshakti Voice Foundation | ₹18,630 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Shree Baba Balakram Charitable Foundation | ₹18,339 (FY 2025) | 374.0% | Porbandar, Gujarat, India | |||
| Auroveda Integral Foundation | ₹18,000 (FY 2025) | -84.0% | Jaipur, Rajasthan, India | |||
| Risingsun Welfare Foundationthis company | ₹17,757 (FY 2024) | -₹1,397 | -7.9% | 271.0% | Jaipur, Rajasthan, India | |
| Dashmudra Vedic Research Foundation | ₹17,100 (FY 2025) | 1055.0% | Sihora, Madhya Pradesh, India | |||
| Devsankalp Foundation for Social Excellence | ₹16,987 (FY 2025) | 4190.0% | Delhi, India | |||
| Dharmakshetra Foundation | ₹16,000 (FY 2025) | Jaipur, Rajasthan, India | ||||
| Ratanveer Foundation | ₹16,000 (FY 2025) | Surendranagar, Gujarat, India | ||||
| Bhavalben Dharamshi Savla Foundation | ₹15,936 (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Risingsun Welfare Foundation, buy the company report.
Auditor
Risingsun Welfare Foundation is audited by VIPIN K GARG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPIN K GARG & ASSOCIATES | FY 2023 | 021692C |
Shareholding
The shareholding of Risingsun Welfare Foundation is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Risingsun Welfare Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Risingsun Welfare Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Risingsun Welfare Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Risingsun Welfare Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Risingsun Welfare Foundation has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Vikas Jain ceased to be Director on 24 Jul 2021.
Frequently asked questions
Risingsun Welfare Foundation is an active private not for profit company based in Jaipur, Rajasthan, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 11 February 2019 (7+ years old) and is registered under CIN U85300RJ2019NPL063936.
Risingsun Welfare Foundation has 2 current directors:
- Raghav Mittal - Director
- Puneet Goyal - Director
The latest financial statements of Risingsun Welfare Foundation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 18 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Risingsun Welfare Foundation is U85300RJ2019NPL063936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Risingsun Welfare Foundation was incorporated on 11 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Risingsun Welfare Foundation by revenue are Mayu Women Foundation, Momin Charitable Foundation, Hadkarshakti Voice Foundation, Shree Baba Balakram Charitable Foundation, Auroveda Integral Foundation and 5 more, all in the same principal business activity (social work activities without accommodation).
Vikas Jain ceased to be Director on 24 Jul 2021. Puneet Goyal was appointed as Director on 11 Feb 2019. Raghav Mittal was appointed as Director on 11 Feb 2019.
The registered office of Risingsun Welfare Foundation is at C – 94 Mezzanine Floor Fortune Heights Subhash Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
Risingsun Welfare Foundation operates in the non-profit organizations industry, in the social work segment.
The compliance status of Risingsun Welfare Foundation is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.
Risingsun Welfare Foundation can be reached at its registered office: C – 94 Mezzanine Floor Fortune Heights Subhash Marg C – Scheme, Jaipur, Rajasthan, India – 302001.
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