DPIIT recognised startup Government of India
Startup India
Rnit Solutions and Services Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
Revenue · FY 2023
₹12.23 Cr
▼ 29% YoY
Net profit · FY 2023
₹1.75 Cr
Net margin 14.3%
EBITDA · FY 2023
₹2.9 Cr
EBITDA margin 23.7%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹14.27 Cr
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
80
Provident fund records
About Rnit Solutions and Services Limited
Data last updated:
Rnit Solutions and Services Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 April 2019.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2019PLC132226. Its GSTIN is 36AAJCR5573R1ZE (Telangana). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹18 Cr and a paid-up capital of ₹14.27 Cr. It was formerly known as Rnit Solutions and Services Private Limited. It was led by directors including Raja Srinivas Nandigam (Whole-Time Director) and Neelima Nandigam.
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 was at Plot No. 92 93 & 94 Sy No. 40 & 41 1st Floor Guttala Begumpet Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.23 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 14.3%) and EBITDA of ₹2.9 Cr (EBITDA margin 23.7%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company had about 80 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: RNIT Solutions & Services. As per MCA filings, the company had open charges of ₹50 Lakh on record. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.76 Cr; the latest was in March 2023. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 4 smaller; the largest is Vicisoft Technologies Private Limited with revenue of ₹12.26 Cr. The company has 2 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 1 micro and small supplier.
The last known website on record is rnitss.com.
Company details
CIN U72900TG2019PLC132226
Registration Number 132226
Incorporation Date 23 April 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Amalgamated
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Rnit Solutions and Services has one previous CIN (Corporate Identification Number): U72900TG2019PTC132226. The current CIN is U72900TG2019PLC132226, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2019PLC132226 | Current |
| U72900TG2019PTC132226 | Previous |
Key People
Raja Srinivas Nandigam Whole-Time Director Neelima Nandigam Director Sumithradevi Lanka Director Recognitions & Rankings of Rnit Solutions and Services
Contact details
Rnit Solutions and Services Limited's registered office is in Hyderabad, Telangana. Its website is rnitss.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 92 93 & 94 Sy No. 40 & 41 1st Floor Guttala Begumpet Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500034
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rnit Solutions and Services Limited, buy the company report.
Comprehensive company report
Rnit Solutions and Services Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Rnit Solutions and Services operates one associated brand: RNIT Solutions & Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of horizontal application development services | rnitss.com |
Business activity
The main business activity of Rnit Solutions and Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Rnit Solutions and Services Limited, buy the company report.
Financials of Rnit Solutions and Services Limited
FY 2024 filings availableRnit Solutions and Services Limited reported revenue of ₹12.23 Cr (down 29% YoY) for FY 2023.
Revenue · FY 2023
₹12.23 Cr ▼ 29%
Net profit · FY 2023
₹1.75 Cr margin 14.3%
EBITDA · FY 2023
₹2.9 Cr margin 23.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 224%
Revenue fell 29% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 105%. EBITDA rose 1% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹12.23 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.9 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.75 Cr | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 23.7% | |||
| Net Profit Margin | 14.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Rnit Solutions and Services Limited, buy the company report.
Board of directors of Rnit Solutions and Services Limited
Rnit Solutions and Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raja Srinivas Nandigam | Whole-Time Director | 29 May 2019 | 7 Years 5 Months | As last reported |
| Neelima Nandigam Also directs: Rnit AI Solutions Limited | Director | 23 Apr 2019 | 7 Years 6 Months | As last reported |
| Sumithradevi Lanka Also directs: Saisaranya Properties(Opc) Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | As last reported |
Peer comparison
Rnit Solutions and Services Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vicisoft Technologies Private Limited | ₹12.26 Cr (FY 2025) | 24.0% | Hyderabad, Telangana, India | |||
| Infotech Global (India) Limited | ₹12.25 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Y Y Systems Private Limited | ₹12.25 Cr (FY 2024) | 633.0% | Chandigarh, India | |||
| Logisoft IT Services Private Limited | ₹12.24 Cr (FY 2024) | 9.0% | Hyderabad, Telangana, India | |||
| Samarth Softech Solutions Private Limited | ₹12.23 Cr (FY 2024) | -28.0% | Thane, Maharashtra, India | |||
| Rnit Solutions and Services Limitedthis company | ₹12.23 Cr (FY 2023) | ₹1.75 Cr | 14.3% | -29.0% | 80 | Hyderabad, Telangana, India |
| Gten Technologies Private Limited | ₹12.23 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Keloid India Private Limited | ₹12.23 Cr (FY 2023) | -56.0% | New Delhi, Delhi, India | |||
| Cortera Software Private Limited | ₹12.22 Cr (FY 2024) | 26.0% | New Delhi, Delhi, India | |||
| Affixious Consulting Private Limited | ₹12.22 Cr (FY 2024) | 34.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Rnit Solutions and Services Limited, buy the company report.
Auditor
Rnit Solutions and Services Limited is audited by K R A Y & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R A Y & Associates | FY 2023 | 018331S |
Shareholding
The shareholding of Rnit Solutions and Services Limited 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 Rnit Solutions and Services Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2024 | 100904531 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Rnit Solutions and Services Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.76 Cr; the latest was in March 2023.
Total deals
3
Rights issue
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2.76 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: G.A. Capital Management Private Limited , an individual |
| Feb 2023 | Funding round | ₹2.76 Cr | Investors: G.A. Capital Management Private Limited |
| Dec 2022 | Rights issue | ₹9 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Rnit Solutions and Services 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
Rnit Solutions and Services Limited has 2 MSME Form 1 returns on record between 2020 and 2021, listing 5 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Info System Solutions Private Limited |
To see the full MSME payment records of Rnit Solutions and Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rnit Solutions and Services Limited has a workforce of 80 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
27%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 80 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Rnit Solutions and Services Limited, buy the company report.
GST
Rnit Solutions and Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCR5573R1ZE | Telangana | Active | 30 Apr 2019 |
| 37AAJCR5573R1ZC | Andhra Pradesh | Active | 21 Jun 2021 |
To see the full GST registrations and return filing status of Rnit Solutions and Services Limited, buy the company report.
Recent activity
Rnit Solutions and Services Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Naga Venkata Subbarao Kesavarapu ceased to be Additional Director on 29 Sep 2024.
AGM
Rnit Solutions And Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Naga Venkata Subbarao Kesavarapu ceased to be Additional Director.
Ceased
Vijendra Palavalasa ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100904531 was registered on 08 Apr 2024.
Filing
Rnit Solutions And Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Raja Srinivas Nandigam was appointed as Whole-Time Director.
Appointed
Neelima Nandigam was appointed as Director.
Appointed
Sumithradevi Lanka was appointed as Director.
Incorporation
23 Apr 2019
Rnit Solutions And Services Limited was registered on 23 Apr 2019 with Roc Hyderabad & aged 7 years 6 months as per MCA records.
Frequently asked questions
Rnit Solutions and Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Rnit Solutions and Services was a public limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 23 April 2019 and is registered under CIN U72900TG2019PLC132226. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rnit Solutions and Services was incorporated on 23 April 2019. It is registered with the Registrar of Companies, Hyderabad.
Rnit Solutions and Services had 3 directors:
- Raja Srinivas Nandigam - Whole-Time Director
- Neelima Nandigam - Director
- Sumithradevi Lanka - Director
The CIN (Corporate Identification Number) of Rnit Solutions and Services is U72900TG2019PLC132226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rnit Solutions and Services is at Plot No. 92 93 & 94 Sy No. 40 & 41 1st Floor Guttala Begumpet Kavuri Hills Madhapur, Hyderabad, Telangana, India – 500034.
Yes, Rnit Solutions and Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Rnit Solutions and Services can be reached through the website rnitss.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Rnit Solutions and Services 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 FY 2020 are in the company report.
The GSTIN of Rnit Solutions and Services is 36AAJCR5573R1ZE, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAJCR5573R1ZC (Andhra Pradesh).
Rnit Solutions and Services operated in the information technology industry, in the IT consulting and support services segment.
Rnit Solutions and Services has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.76 Cr; the latest was in March 2023.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages