Raad Systems Private Limited

Provides IT consulting services and develops intelligent digital workforce for automation of tasks.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Raad Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.80 M
  • Revenue Growth -3.79%
  • Profit Growth -84.67%
  • Ebitda -82.29%
  • Net Worth 8.65%
  • Total Assets -23.53%

About Raad Systems

Raad Systems Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2018 (Six years and seven months 6 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.80 M.

Satish Sundar and Priya Balakrishnan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29100KA2018PTC114526

  • Company No.

    114526

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Raad Systems?

Board Members (2)

Name Designation Appointment Date Status
Satish Sundar Country flag representing Us Director 05-Jul-2018 Current
Priya Balakrishnan Country flag representing In Director 05-Jul-2018 Current

Financial Performance of Raad Systems.

Raad Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.79% decrease. The company also saw a substantial fall in profitability, with a 84.67% decrease in profit. The company's net worth moved up by a moderate rise of 8.65%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-3.79%
Revenue from Operations
-3.79%
Total Assets
-23.53%
Profit or Loss
-84.67%
Net Worth
8.65%
EBITDA
-82.29%

What is the Ownership and Shareholding Structure of Raad Systems?

In 2023, Raad Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

Date Lender Amount Status
06 May 2024 Hdfc Bank Limited ₹1.80 M Open

How Many Employees Work at Raad Systems?

Raad Systems has a workforce of 61 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raad Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Raad Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Raad Systems

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.80 M with Charge ID 100920767 was registered on 06 May 2024.

    06 May 2024

  • Annual General Meeting

    Raad Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Raad Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Satish Sundar was appointed as a Director was appointed as a Director on 05 Jul 2018 & has been associated with this company since 6 years 7 months .

    05 Jul 2018

  • Director Appointment

    Priya Balakrishnan was appointed as a Director was appointed as a Director on 05 Jul 2018 & has been associated with this company since 6 years 7 months .

    05 Jul 2018

  • Company Incorporation

    Raad Systems Private Limited was registered on 05 Jul 2018 with Roc Bangalore & aged 6 years 7 months as per MCA records.

    05 Jul 2018

Frequently asked questions

  • Raad Systems Private Limited was incorporated on 05 Jul 2018.

  • The authorized share capital of Raad Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Raad Systems Private Limited.

    • Satish Sundar
    • Priya Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raad Systems Private Limited is No.2 M-132 2Nd Floor Main Road Kasturi Nagar, East Of Ngef India, Bangalore, Karnataka, 560043.

  • The corporate identification number (CIN) of Raad Systems Private Limited is U29100KA2018PTC114526 and the company number is 114526 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raad Systems Private Limited is https://www.raadsys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Raad Systems Private Limited has fallen by -3.79%.

  • As Per 2023 financial reports, 61 employees are currently employed by Raad Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Raad Systems Private Limited has experienced an upsurge of 8.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Raad Systems Private Limited amount to ₹ 1.80 M.

  • The most recent Balance Sheet for Raad Systems Private Limited was filed with the ROC on 31 Mar 2023.