Ridenext Software Solutions Private Limited - Company overview

Ridenext Software Solutions Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74999…

2019-04-10 Bangalore, Karnataka Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
25.00 Lakh
PAID-UP CAPITAL
25.00 Lakh
COMPANY AGE
7 Years 1 Months
since 2019-04-10
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-25
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-02-23 09:58:24

About Ridenext Software Solutions Private Limited

Ridenext Software Solutions Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74999KA2019PTC123342). Business overview includes Information Technology (IT Consulting & Support Services), incorporated on April 10, 2019 (7+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2022, the company reported revenue of ₹6.46 Cr with a profit of ₹82.49 Lakh. It has 3 active directors. The company employs approximately 39 people.

IT Consulting & Support Services
  • Location No 174/A, 19Th Main, 4Th Sector 80 Feet Road H S R Layout, Bangalore, Karnataka - 560102
  • Website ridenext.co.in
CIN / LLPINU74999KA2019PTC123342
Company No.123342
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2019-04-10
Date of AGM2025-09-25
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Ridenext Software Solutions Private Limited

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

M
Director | Since 2020-03-20
M
Director | Since 2020-03-20
M
Director | Since 2020-03-20

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Ridenext Software Solutions Private Limited
What is CIN of Ridenext Software Solutions Private Limited?
The Corporate Identification Number (CIN) for Ridenext Software Solutions Private Limited is U74999KA2019PTC123342. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 123342 as per MCA.
When was Ridenext Software Solutions Private Limited incorporated?
Ridenext Software Solutions Private Limited was incorporated 7 years 1 month ago on 10 Apr 2019.
What is paid-up capital and authorised share capital of Ridenext Software Solutions Private Limited?
The paid-up capital of Ridenext Software Solutions Private Limited is ₹ 2,500,000.00 and authorised share capital is ₹ 2,500,000.00.
Who are the current board members and directors of Ridenext Software Solutions Private Limited?
Currently 3 directors are associated with Ridenext Software Solutions Private Limited: Manohar Reddy Palukuru, Mutte Nani Babu, Manish Tiwari.
  • Manohar Reddy Palukuru
  • Mutte Nani Babu
  • Manish Tiwari
What is the registered address of Ridenext Software Solutions Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Ridenext Software Solutions Private Limited is No 174/A, 19Th Main, 4Th Sector 80 Feet Road H S R Layout, Bangalore, Karnataka, 560102, India.
What is the official website of Ridenext Software Solutions Private Limited?
The official website of Ridenext Software Solutions Private Limited is https://ridenext.co.in.
What is the ROC code of Ridenext Software Solutions Private Limited?
Ridenext Software Solutions Private Limited ROC code is Roc Bangalore.
What is the company classification of Ridenext Software Solutions Private Limited?
Ridenext Software Solutions Private Limited is classified as Private Limited Indian Non-Government Company.
Ridenext Software Solutions Private Limited - is it listed or unlisted?
Ridenext Software Solutions Private Limited is a Unlisted company.
What is the current status of Ridenext Software Solutions Private Limited?
Ridenext Software Solutions Private Limited is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Ridenext Software Solutions Private Limited associated with?
Ridenext Software Solutions Private Limited lists activity aligned with: Information Technology - IT Consulting & Support Services - Information and communication. See the Overview and Competition sections for fuller industry context.
How many employees does Ridenext Software Solutions Private Limited have?
Available records indicate roughly 39 employees for Ridenext Software Solutions Private Limited. Confirm against filings and EPFO-related signals on the profile where shown.
Does Ridenext Software Solutions Private Limited have GST registrations on file?
Ridenext Software Solutions Private Limited shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
How do I contact Ridenext Software Solutions Private Limited?
Use the official website at https://ridenext.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Ridenext Software Solutions Private Limited?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Ridenext Software Solutions Private Limited?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Ridenext Software Solutions Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2022, net worth is about ₹ 1.49 Cr. Verify figures on the Financial tab and supporting filings.