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.
Company details
Contact details
Rynas Infotech Private Limited's registered office is in Bangalore, Karnataka. Its website is rynasinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 59 2nd Cross Balaji Nagar Ittimadu Bsk 3rd Stage, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rynas Infotech 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 Rynas Infotech 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 Rynas Infotech Private Limited, buy the company report.
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
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| EBITDA | ₹14.82 Lakh | ||||
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| Net Profit (PAT) | ₹12.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of Rynas Infotech Private Limited, buy 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 |
Shareholding
The shareholding of Rynas Infotech Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rynas Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2024 | 100886406 | Karnataka Bank Ltd. | ₹20 Lakh | Open | |
| 26 Jun 2023 | 100745664 | Karnataka Bank Ltd. | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Rynas Infotech 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 Rynas Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rynas Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECR6024N1ZY | Karnataka | Active | 16 Jul 2021 |
To see the full GST registrations and return filing status of Rynas Infotech Private Limited, buy 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.
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.