About Riversand Global Technologies Private Limited
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Riversand Global Technologies 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 16 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC034349. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Anil D Kini and Upendranath Varanasi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Floor Tower D Ibc Knowledge Park 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.59 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹16.39 Lakh (net margin 64.1%) and EBITDA of ₹22.7 Lakh (EBITDA margin 88.7%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 48% over five years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Riversand Technologies. As per MCA filings, the company has open charges of ₹45 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website riversand.com.
Company details
Contact details
Riversand Global Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is riversand.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Tower D Ibc Knowledge Park 4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Riversand Global Technologies Private Limited, 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
Brands
Riversand Global Technologies operates one associated brand: Riversand Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platform for data management | riversand.com |
Financials of Riversand Global Technologies Private Limited
FY 2024 filings availableRiversand Global Technologies Private Limited reported revenue of ₹25.59 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 15% fall in the latest year. EBITDA fell 10% 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 | ₹22.7 Lakh | ||||
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| Net Profit (PAT) | ₹16.39 Lakh | ||||
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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 | 88.7% | ||||
| Net Profit Margin | 64.1% | ||||
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To see the full financial statements and ratios of Riversand Global Technologies Private Limited, buy the company report.
Board of directors of Riversand Global Technologies Private Limited
Riversand Global Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil D Kini | Director | 16 Jul 2004 | 22 Years 3 Months | Current |
| Upendranath Varanasi | Director | 16 Jul 2004 | 22 Years 3 Months | Current |
Auditor
Riversand Global Technologies Private Limited is audited by MANJUNATHA S. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANJUNATHA S. | FY 2023 | 221936 |
Shareholding
The shareholding of Riversand Global Technologies Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Riversand Global Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2005 | 90195901 | Union Bank of India | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Riversand Global Technologies Private Limited 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 Riversand Global Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Riversand Global Technologies Private Limited has a workforce of 140 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Riversand Global Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Riversand Global Technologies Private Limited, buy the company report.
Recent activity
Riversand Global Technologies Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Anil D Kini was appointed as Director on 16 Jul 2004.
News
Frequently asked questions
Riversand Global Technologies 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 16 July 2004 (22+ years old) and is registered under CIN U72200KA2004PTC034349.
Riversand Global Technologies has 2 current directors:
- Anil D Kini - Director
- Upendranath Varanasi - Director
The latest financial statements of Riversand Global Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Riversand Global Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Riversand Global Technologies is U72200KA2004PTC034349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riversand Global Technologies was incorporated on 16 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil D Kini was appointed as Director on 16 Jul 2004. Upendranath Varanasi was appointed as Director on 16 Jul 2004.
Riversand Global Technologies can be reached through the website riversand.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Riversand Global Technologies is at 8th Floor Tower D Ibc Knowledge Park 41 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
Riversand Global Technologies operates in the information technology industry, in the IT consulting and support services segment.
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