Risva Industries Private Limited
About Risva Industries Private Limited
Data last updated:
Risva Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2017PTC103134. Its GSTIN is 29AAICR3046C1ZH (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Risva Industries (Opc) Private Limited and Risva Technologies (Opc) Private Limited. It is led by directors Naga Rishita Abbavaram and Kaliamman Selvam Arun.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at # 669 Manjunath Arcade 3rd Floor 9th Main Hsr Layout 7th Sector, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.04 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Lakh (net margin 3%) and EBITDA of ₹10.43 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company is associated with 1 brand: Risva. As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address# 669 Manjunath Arcade 3rd Floor 9th Main Hsr Layout 7th Sector, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance 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 Risva Industries Private Limited
The main business activity of Risva Industries 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 Risva Industries Private Limited FY 2023 filings available
Risva Industries Private Limited reported revenue of ₹1.04 Cr (down 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Risva Industries Private Limited
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 24% 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 Risva Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹10.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.1 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 Risva Industries Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 Risva Industries are in the company report.
Financial statements from FY 2018
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 Risva Industries Private Limited
Risva Industries Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development, Website Design and Maintenance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cognisun Infotech Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Ahmedabad, Gujarat, India |
| Texolver Solutions Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bengaluru, Karnataka, India |
| Data Metricks Consulting Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Noida, Uttar Pradesh, India |
| Orangeskill Technologies Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Kanpur, Uttar Pradesh, India |
| Acensys Tech Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Risva Industries Private Limited this company | ₹1.04 Cr (FY 2023) | •••• | •••• | -10.0% | •••• | Bangalore, Karnataka, India |
| Blossom Publications India Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mira Road, Maharashtra, India |
| Datalogy Software Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Nagpur, Maharashtra, India |
| Growbean Technologies Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | 2475.0% | •••• | Nagpur, Maharashtra, India |
| Seg Technologies Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Hyderabad, Telangana, India |
| Systematix Web Solutions Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Risva Industries by revenue in the Information Technology industry (Application Development, Website Design and Maintenance), 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 Risva Industries Private Limited
Risva Industries Private Limited is audited by S V A & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V A & ASSOCIATES | 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 Risva Industries Private Limited
Risva Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naga Rishita Abbavaram Also directs: Freshyou Industries Private Limited | Director | 19 May 2017 | 9 Years 4 Months | Current |
| Kaliamman Selvam Arun | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Risva Industries 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 Risva Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2021 | Axis Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Risva Industries Private Limited
Risva Industries operates one associated brand: Risva. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web development, mobile apps, consulting, and security services to businesses. | risvatech.com |
Employees and EPFO Compliance at Risva Industries Private Limited
Employment history and EPFO contributions of people linked to Risva Industries.
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.
Name History of Risva Industries Private Limited
Risva Industries has undergone 2 name changes throughout its history. The company was previously known as Risva Industries (Opc) Private Limited, and Risva Technologies (Opc) Private Limited. The current legal name is Risva Industries Private Limited.
| Company Name | Status |
|---|---|
| Risva Industries Private Limited | Current |
| Risva Industries (Opc) Private Limited | Previous |
| Risva Technologies (Opc) Private Limited | Previous |
CIN History of Risva Industries Private Limited
Risva Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110KA2017PTC103134, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2017PTC103134 | Current |
| U74110KA2017OPC103134 | Previous |
| U72900KA2017OPC103134 | Previous |
Recent Activity on Risva Industries Private Limited
Risva Industries Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kaliamman Selvam Arun was appointed as Director on 11 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Risva Industries 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 Risva Industries 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 Risva Industries 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 Risva Industries Private Limited
Risva Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR3046C1ZH | Karnataka | Active | 08 Oct 2018 |
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 Risva Industries 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 Risva Industries Private Limited
Risva Industries 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 19 May 2017 (9+ years old) and is registered under CIN U74110KA2017PTC103134.
Risva Industries reported revenue of ₹1.04 Cr for FY 2023 (down 10% YoY).
Risva Industries has 2 current directors:
- Naga Rishita Abbavaram - Director
- Kaliamman Selvam Arun - Director
Risva Industries reported a net profit of ₹3.1 Lakh (net margin 3%) and EBITDA of ₹10.43 Lakh (EBITDA margin 10.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Risva Industries is 7% over three years. In the latest year (FY 2023) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Risva Industries is 29AAICR3046C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Risva Industries is U74110KA2017PTC103134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Risva Industries was incorporated on 19 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Risva Industries by revenue are Cognisun Infotech Private Limited, Texolver Solutions Private Limited, Data Metricks Consulting Private Limited, Orangeskill Technologies Private Limited, Acensys Tech Private Limited and 5 more, all in the Information Technology industry (Application Development, Website Design and Maintenance).
Kaliamman Selvam Arun was appointed as Director on 11 Dec 2020. Naga Rishita Abbavaram was appointed as Director on 19 May 2017.
The registered office of Risva Industries is at # 669 Manjunath Arcade 3rd Floor 9th Main Hsr Layout 7th Sector, Bangalore, Karnataka, India – 560102.