Riversoft IT Solutions Private Limited
About Riversoft IT Solutions Private Limited
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Riversoft IT Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 01 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085099. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Selvaraj Shanthi Lourdu Mary and Neelima Gurugubelli.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No. 90/1 – B Outer Ring Road, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.24 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹80,046 (net margin -24.7%) and EBITDA of -₹69,890 (EBITDA margin -21.6%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Riversoft IT Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 90/1 – B Outer Ring Road, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Riversoft IT Solutions 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
Business activity
The main business activity of Riversoft IT Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Riversoft IT Solutions Private Limited, buy the company report.
Financials of Riversoft IT Solutions Private Limited
FY 2020 filings availableRiversoft IT Solutions Private Limited reported revenue of ₹3.24 Lakh (down 80% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 80% fall in the latest year. EBITDA fell 494% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.24 Lakh | ||||
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| EBITDA | -₹69,890 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹80,046 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.6% | ||||
| Net Profit Margin | -24.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Riversoft IT Solutions Private Limited, buy the company report.
Board of directors of Riversoft IT Solutions Private Limited
Riversoft IT Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvaraj Shanthi Lourdu Mary Also directs: Geek All Star Software Labs Private Limited | Additional Director | 19 Apr 2021 | 5 Years 6 Months | Current |
| Neelima Gurugubelli | Additional Director | 19 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Riversoft IT Solutions Private Limited is audited by P VENKOBI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P VENKOBI & ASSOCIATES | FY 2020 | 009159S |
Shareholding
The shareholding of Riversoft IT Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Riversoft IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Riversoft IT Solutions 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 Riversoft IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Riversoft IT Solutions 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 Riversoft IT Solutions Private Limited, buy the company report.
Recent activity
Riversoft IT Solutions Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Gopala Krishna Kumar Gurram ceased to be Director on 20 Apr 2021.
Frequently asked questions
Riversoft IT Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 01 January 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085099.
Riversoft IT Solutions has 2 current directors:
- Selvaraj Shanthi Lourdu Mary - Additional Director
- Neelima Gurugubelli - Additional Director
The latest financial statements of Riversoft IT Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
No. Riversoft IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Riversoft IT Solutions is U74900KA2016PTC085099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riversoft IT Solutions was incorporated on 01 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopala Krishna Kumar Gurram ceased to be Director on 20 Apr 2021. Swarnamanjari Cherukuri ceased to be Director on 20 Apr 2021. Neelima Gurugubelli was appointed as Additional Director on 19 Apr 2021. Riversoft IT Solutions has 4 board changes on record in total.
The registered office of Riversoft IT Solutions is at No. 901 – B Outer Ring Road, Bangalore, Karnataka, India – 560037.
Riversoft IT Solutions operates in the information technology industry, in the IT infrastructure management and services segment.
The compliance status of Riversoft IT Solutions is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.
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