About Rynas Infotech Private Limited
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Rynas Infotech 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 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2010PTC052239. Its GSTIN is 29AAECR6024N1ZY (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gopi Challam and Vedagnani Challam.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 59 2nd Cross Balaji Nagar Ittimadu Bsk 3rd Stage, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.8 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹12.71 Lakh (net margin 4.5%) and EBITDA of ₹14.82 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹1.2 Cr 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 rynasinfotech.com.
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- Registered AddressNo 59 2nd Cross Balaji Nagar Ittimadu Bsk 3rd Stage, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Rynas Infotech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Rynas Infotech Private Limited
FY 2022 filings availableRynas Infotech Private Limited reported revenue of ₹2.8 Cr (up 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 44% growth in the latest year. EBITDA rose 45% 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 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| 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 | ₹14.82 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹12.71 Lakh | |
| 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 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.3% | |
| Net Profit Margin | 4.5% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2017-18 to FY 2020-21, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rynas Infotech are in the company report.
: available in the company report
Board of Directors of Rynas Infotech Private Limited
Rynas Infotech 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 |
|---|---|---|---|---|
| Vedagnani Challam | Additional Director | 05 Feb 2015 | 11 Years 8 Months | Current |
| Gopi Challam | Director | 21 Jan 2010 | 16 Years 9 Months | Current |
Auditor Details
Auditor information for Rynas Infotech Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Karnataka Bank Ltd. | ₹20 Lakh | Open |
| 26 Jun 2023 | Karnataka Bank Ltd. | ₹1 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Rynas Infotech.
: available in the company report
Recent Activity
Rynas Infotech Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Doraiswamy Srinivas ceased to be Director on 05 Feb 2015.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Rynas Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECR6024N1ZY | Karnataka | Active | 16 Jul 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Rynas Infotech 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 21 January 2010 (16+ years old) and is registered under CIN U72200KA2010PTC052239.
Rynas Infotech has 2 current directors:
- Vedagnani Challam - Additional Director
- Gopi Challam - Director
The latest financial statements of Rynas Infotech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Rynas Infotech is 29AAECR6024N1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Rynas Infotech is U72200KA2010PTC052239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rynas Infotech was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Doraiswamy Srinivas ceased to be Director on 05 Feb 2015. Pothaganti Prabhakar ceased to be Additional Director on 05 Feb 2015. Vedagnani Challam was appointed as Additional Director on 05 Feb 2015. Rynas Infotech has 4 board changes on record in total.
Rynas Infotech can be reached through the website rynasinfotech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Rynas Infotech is at No 59 2nd Cross Balaji Nagar Ittimadu Bsk 3rd Stage, Bangalore, Karnataka, India – 560085.
Rynas Infotech operates in the information technology industry, in the IT consulting and support services segment.