Rsin Flexirentals Private Limited

Rsin Flexirentals Private Limited - financial services in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U75302KA2019FTC121417 Incorporated 13 February 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Pending Strike Off Foreign Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹9.66 Lakh
▼ 96% YoY
Net loss · FY 2024
₹1.24 Cr
Latest filing
EBITDA · FY 2024
-₹22.17 Lakh
EBITDA margin -229.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹50,000
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings

About Rsin Flexirentals Private Limited

Data last updated:

Rsin Flexirentals Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Ww Ventures Holding Ltd. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 13 February 2019.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U75302KA2019FTC121417. Its GSTIN is 29AAJCR4225N1ZU (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹50,000. It is led by directors Ashish Gandhi and Geeta Sethi.

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 #26 2nd & 3rd Floor Joel Mansion Opp. Kidzee 4th Cross Road Rj Gardens Marathahalli, Bengaluru, Karnataka, India – 560037.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.66 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr and EBITDA of -₹22.17 Lakh (EBITDA margin -229.5%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.

The company has about 1 employee on its provident fund (EPFO) records.

The company is associated with 1 brand: RentSher. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.91 Cr; the latest was in December 2021. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 10 overdue payments to 2 micro and small suppliers.

The last known website on record is rentsher.com.

Company details

CIN U75302KA2019FTC121417
Registration Number 121417
Incorporation Date 13 February 2019
ROC Bangalore
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ww Ventures Holding Ltd

Contact details

Rsin Flexirentals Private Limited's registered office is in Bengaluru, Karnataka. Its website is rentsher.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    #26 2nd & 3rd Floor Joel Mansion Opp. Kidzee 4th Cross Road Rj Gardens Marathahalli, Bengaluru, Karnataka, India – 560037
  • Industry
    Financial Services, Equipment Leasing & Financing

To see the full contact details of Rsin Flexirentals Private Limited, buy the company report.

Comprehensive company report
Rsin Flexirentals Private 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
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Brands

Rsin Flexirentals operates one associated brand: RentSher. Each brand links to its own profile.

BrandDescriptionWebsite
RentSher operates an online peer-to-peer marketplace for renting electronic products.rentsher.com

Business activity

The main business activity of Rsin Flexirentals is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities

To see the full business activity and turnover split of Rsin Flexirentals Private Limited, buy the company report.

Financials of Rsin Flexirentals Private Limited

FY 2024 filings available

Rsin Flexirentals Private Limited reported revenue of ₹9.66 Lakh (down 96% YoY) for FY 2024.

Revenue · FY 2024
₹9.66 Lakh ▼ 96%
Net loss · FY 2024
₹1.24 Cr
EBITDA · FY 2024
-₹22.17 Lakh margin -229.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 78%
EBITDA CAGR growth
1 year
▲ 84%
3 years · compounded
▼ 28%

Revenue has declined at a compounded annual rate (CAGR) of 78% over three years, including a 96% fall in the latest year. EBITDA rose 84% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹22.17 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.24 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-229.5%
Net Profit Margin
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 Rsin Flexirentals Private Limited, buy the company report.

Board of directors of Rsin Flexirentals Private Limited

Rsin Flexirentals has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Geeta SethiAdditional Director28 Mar 20233 Years 6 MonthsCurrent
Ashish GandhiDirector08 Jul 20251 Years 3 MonthsCurrent

Auditor

Rsin Flexirentals Private Limited is audited by Gaurav Chopra and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Gaurav Chopra and AssociatesFY 20230021372C

Shareholding

The shareholding of Rsin Flexirentals Private 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 categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rsin Flexirentals Private Limited, buy the company report.

Deals & funding

Rsin Flexirentals Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.91 Cr; the latest was in December 2021.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹6.91 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Dec 2021Secondary share transferUndisclosedBuyer: Ww Venture Holdings Limited & Manish Agarwal
Seller: Ww Venture Holdings Limited
Apr 2021Funding round₹6.91 CrInvestors: Ww Venture Holdings Limited
Dec 2020Secondary share transferUndisclosedBuyer: Ww Venture Holdings Limited
Seller: Inme Pte. Ltd

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Rsin Flexirentals Private Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 10 overdue payments to 2 micro and small suppliers. 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Spurge IT Services (OPC) Private Limited
an individual supplier

To see the full MSME payment records of Rsin Flexirentals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Rsin Flexirentals Private Limited has a workforce of 1 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
1
Active EPFO establishments
1
Employee growth
-90.91%

GST

Rsin Flexirentals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCR4225N1ZUKarnatakaActive01 Apr 2019

To see the full GST registrations and return filing status of Rsin Flexirentals Private Limited, buy the company report.

Recent activity

Rsin Flexirentals Private Limited has 12 board changes on record since 2019: 2 appointments and 10 cessations. The latest: Ashish Gandhi ceased to be Additional Director on 17 Aug 2025.

Ceased
Ashish Gandhi ceased to be Additional Director.
Ceased
Mandira Bhattacherjee ceased to be Additional Director.
Appointed
Ashish Gandhi was appointed as Director.
AGM
Rsin Flexirentals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rsin Flexirentals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Nehal Dilip Mehta ceased to be Additional Director.
Ceased
Mehul Dani ceased to be Additional Director.
Appointed
Geeta Sethi was appointed as Additional Director.
Ceased
Doshi Vaibhav ceased to be Director.
Ceased
Ashok Kumar Singhal ceased to be Additional Director.
Ceased
Anuj Midha ceased to be Additional Director.
Ceased
Harsh Dhand ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Rsin Flexirentals is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Rsin Flexirentals is a company pending strike off, currently registered as a foreign private limited company based in Bengaluru, Karnataka, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 13 February 2019 and is registered under CIN U75302KA2019FTC121417. The company may be struck off soon - caution is advised.

Rsin Flexirentals has 2 current directors:

The CIN (Corporate Identification Number) of Rsin Flexirentals is U75302KA2019FTC121417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rsin Flexirentals was incorporated on 13 February 2019. It is registered with the Registrar of Companies, Bangalore.

Rsin Flexirentals can be reached through the website rentsher.com. Its registered office is in Bengaluru, Karnataka, India.

The registered office of Rsin Flexirentals is at #26 2nd & 3rd Floor Joel Mansion Opp. Kidzee 4th Cross Road Rj Gardens Marathahalli, Bengaluru, Karnataka, India – 560037.

The latest financial statements of Rsin Flexirentals 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 2019 are in the company report.

The GSTIN of Rsin Flexirentals is 29AAJCR4225N1ZU, registered in Karnataka.

Rsin Flexirentals operates in the financial services industry, in the equipment leasing and financing segment.

Rsin Flexirentals has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹6.91 Cr; the latest was in December 2021.