Race2Cloud Technologies Private Limited

Provides business and IT consulting, software development, and related services.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Race2Cloud Technologies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 9.14%
  • Profit Growth -65.48%
  • Ebitda -144.02%
  • Net Worth 44.18%
  • Total Assets 10.47%

About Race2Cloud Technologies

Race2cloud Technologies Private Limited (RTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 July 2016 (Eight years and six months 4 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 2.00 M and a paid-up capital of Rs 0.90 M, as per Ministry of Corporate Affairs (MCA) records.

Gomathi Raju, Raju Kulathu, and Mitradutta Mohapatra serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2016PTC095367

  • Company No.

    095367

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Race2cloud Technologies Private Limited offer?

Race2Cloud Technologies Private Limited offers a wide range of products and services, including BPO Services, Backend Support Services, Contract Employment & Staffing Firms, Staffing Service, IT, Networking & Automation Solution, IT Solutions, Networking Solutions, Cloud Computing Service, CRM Implementation Services.

Who are the key members and board of directors at Race2Cloud Technologies?

Board Members (3)

NameDesignationAppointment DateStatus
Gomathi Raju Country flag representing In Director 28-Jul-2016Current
Raju Kulathu Country flag representing In Director 08-Apr-2019Current
Mitradutta Mohapatra Country flag representing In Director 28-Aug-2021Current

Financial Performance of Race2Cloud Technologies.

Race2Cloud Technologies Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 9.14% increase. The company also saw a substantial fall in profitability, with a 65.48% decrease in profit. The company's net worth Soared by an impressive increase of 44.18%.

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
9.14%
Revenue from Operations
-6.45%
Total Assets
10.47%
Profit or Loss
-65.48%
Net Worth
44.18%
EBITDA
-144.02%

What is the Ownership and Shareholding Structure of Race2Cloud Technologies?

In 2020, Race2Cloud Technologies 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Race2Cloud Technologies?

Race2Cloud Technologies has a workforce of 40 employees as of Apr 08, 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 Race2Cloud Technologies, 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 Race2Cloud Technologies'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 Race2Cloud Technologies

Recent activity within the organization

  • Annual General Meeting

    Race2Cloud Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Race2Cloud Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Mitradutta Mohapatra was appointed as a Director was appointed as a Director on 28 Aug 2021 & has been associated with this company since 3 years 5 months .

    28 Aug 2021

  • Director Appointment

    Raju Gangaikondan Kulathu was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 9 months .

    08 Apr 2019

  • Director Appointment

    Gomathi Raju was appointed as a Director was appointed as a Director on 28 Jul 2016 & has been associated with this company since 8 years 6 months .

    28 Jul 2016

  • Company Incorporation

    Race2Cloud Technologies Private Limited was registered on 28 Jul 2016 with Roc Bangalore & aged 8 years 6 months as per MCA records.

    28 Jul 2016

Frequently asked questions

  • Race2Cloud Technologies Private Limited was incorporated on 28 Jul 2016.

  • The authorized share capital of Race2Cloud Technologies Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 3 directors are associated with Race2Cloud Technologies Private Limited.

    • Gomathi Raju
    • Raju Gangaikondan Kulathu
    • Mitradutta Mohapatra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Race2Cloud Technologies Private Limited is Ginserv Site No. 1 Hal 3Rd Stage Behind Hotel Leela Palace, Kodihalli India, Bengaluru, Karnataka, 560008.

  • The corporate identification number (CIN) of Race2Cloud Technologies Private Limited is U72200KA2016PTC095367 and the company number is 095367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Race2Cloud Technologies Private Limited is https://www.race2cloudtech.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Race2Cloud Technologies Private Limited has risen by 9.14%.

  • As Per 2020 financial reports, 40 employees are currently employed by Race2Cloud Technologies Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Race2Cloud Technologies Private Limited has experienced an upsurge of 44.18%.

  • The most recent Balance Sheet for Race2Cloud Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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