Ritesource Infosystems Private Limited - Company Profile

It is a information technology private limited company based in Ahmedabad, Gujarat, India, established in 2008.
2008 Ahmedabad, Gujarat, India Converted to LLP
Last Updated:
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About Ritesource Infosystems Private Limited

Ritesource Infosystems Private Limited, a converted to llp private limited company, was established on 25 August 2008 in Ahmedabad, Gujarat, India. Engaging in database management & solutions within the information and communication sector, it holds CIN: U31900GJ2008PTC054856. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.10 M.

Its leadership includes Mital Ranjitrai Desai (Additional Director), Hetalkumar Gautamkumar Khandwala (Director). Past directors included Vipul Amritlal Naik, Amritlal Prahladbhai Naik. It holds no open charges and ₹2.69 M settled loans. Its latest AGM occurred on 29 July 2016, with the balance sheet filed on 31 March 2016. It is based at E-811, Titanium City Center, On 100 Ft.Road, Satellite,, Ahmedabad, Gujarat, 380015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U31900GJ2008PTC054856

  • Registration Number

    054856

  • Incorporation Date

    25 August 2008

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 2.69 M
  • Revenue Growth **** 6.63%
  • Profit Growth **** -23.09%
  • Ebitda **** -25.54%
  • Net Worth 20.39%
  • Total Assets -12.04%
Company report

Ritesource Infosystems Private Limited

Company Report FY 2026-2027

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Explore comprehensive insights into Ritesource Infosystems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Ritesource Infosystems Private Limited?
Current Directors
Name Designation Appointment Date Status
Mital Ranjitrai Desai Additional Director 07 Feb 2009 Current
Hetalkumar Gautamkumar Khandwala Director 25 Aug 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Oct 2011 Past
Pramod Abcsdd Director 15 Mar 2010 Past

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Financial Performance of Ritesource Infosystems.

Ritesource Infosystems Private Limited, for the financial year ended 2016, experienced modest growth in revenue, with a 6.63% increase. The company also saw a substantial fall in profitability, with a 23.09% decrease in profit. The company's net worth Soared by an impressive increase of 20.39%.

Ritesource Infosystems revenue growth over time
Ritesource Infosystems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 6.63%
*******
*******
*******
*******
Revenue from Operations
*******
 5.75%
*******
*******
*******
*******
Total Assets
*******
 -12.04%
*******
*******
*******
*******
Profit or Loss
*******
 -23.09%
*******
*******
*******
*******
Net Worth
*******
 20.39%
*******
*******
*******
*******
EBITDA
*******
 -25.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ritesource Infosystems?

In 2016, Ritesource Infosystems had a promoter holding of 48.00% and a public holding of 52.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹2,688,434.00

Charges Breakdown by Lending Institutions
  • Icici Bank Limited : 0.27 Cr
Latest Charge Details
Date Lender Amount Status
03 Dec 2013 Icici Bank Limited ₹2.69 M Satisfied

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How Many Employees Work at Ritesource Infosystems?

Unlock and access historical data on people associated with Ritesource Infosystems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ritesource Infosystems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ritesource Infosystems's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Ritesource Infosystems
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Ritesource Infosystems Private Limited last Annual general meeting of members was held on 29 Jul 2016 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Ritesource Infosystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge registered on 03 Dec 2013 via Charge ID 10464041 with Icici Bank Limited was fully satisfied on 24 Nov 2015. was documented.

  • Charges

    Progress on A charge with Icici Bank Limited amounted to Rs. 2.69 M with Charge ID 10464041 was registered on 03 Dec 2013. was documented.

  • Director Appointment

    The activity Mital Ranjitrai Desai was appointed as a Additional Director was appointed as a Additional Director on 07 Feb 2009 & has been associated with this company since 17 years 4 months . was completed.

  • Director Appointment

    The activity Hetalkumar Gautamkumar Khandwala was appointed as a Director was appointed as a Director on 25 Aug 2008 & has been associated with this company since 17 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Ritesource Infosystems Private Limited?

The CIN of Ritesource Infosystems Private Limited is U31900GJ2008PTC054856.

Where is Ritesource Infosystems Private Limited headquartered?

Ritesource Infosystems Private Limited is headquartered at E-811, Titanium City Center, On 100 Ft.Road, Satellite,, Ahmedabad, Gujarat, 380015.

When was Ritesource Infosystems Private Limited incorporated?

Ritesource Infosystems Private Limited was incorporated on 25 August 2008.

Who are the current directors of Ritesource Infosystems Private Limited?

The current directors of Ritesource Infosystems Private Limited are

What is the primary industry of Ritesource Infosystems Private Limited?

The primary industry of Ritesource Infosystems Private Limited is Information And Communication.

Is Ritesource Infosystems Private Limited a listed company?

Ritesource Infosystems Private Limited is unlisted.

What is the capital structure of Ritesource Infosystems Private Limited?

The authorized capital of Ritesource Infosystems Private Limited is ₹0.20 M, and the paid-up capital is ₹0.10 M.

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