Rave Comtek Solutions Private Limited

Provides software development, IT consulting, and ERP services for various industries.

2013 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 06, 2024

Rave Comtek Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.80 M
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.09 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth 43.46%
  • Profit Growth -83.25%
  • Ebitda -77.36%
  • Net Worth 1.33%
  • Total Assets -5.64%

About Rave Comtek Solutions

Rave Comtek Solutions Private Limited (RCSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 June 2013 and has a history of 11 years and eight months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.80 M.

The company currently has active open charges totaling ₹3.09 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rave Comtek Solutions Private Limited India is Padmanabha Vegesna as CEO. Padmanabha Vegesna, Vegesna Lakshmi, and Vegesna Raju serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ravecs.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72400AP2013PTC088415

  • Company No.

    088415

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

What products or services does Rave Comtek Solutions Private Limited offer?

Rave Comtek Solutions Private Limited offers a wide range of products and services, including Software Development Services, IT Infrastructure Solution, IT Infrastructure Support, IT Consultancy.

Who are the key members and board of directors at Rave Comtek Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Padmanabha Vegesna Country flag representing In CEO30-Sep-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Padmanabha Vegesna Country flag representing In Director and Ceo 23-Jun-2015Current
Vegesna Lakshmi Country flag representing In Director 17-Jun-2013Current
Vegesna Raju Country flag representing In Director 17-Jun-2013Current

Financial Performance of Rave Comtek Solutions.

Rave Comtek Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.46% increase. The company also saw a substantial fall in profitability, with a 83.25% decrease in profit. The company's net worth moved up by a moderate rise of 1.33%.

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
43.46%
Revenue from Operations
43.00%
Total Assets
-5.64%
Profit or Loss
-83.25%
Net Worth
1.33%
EBITDA
-77.36%

What is the Ownership and Shareholding Structure of Rave Comtek Solutions?

In 2021, Rave Comtek Solutions 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

₹30.90 M

Satisfied Charges

₹23.03 M

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 3.09 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2016The South Indian Bank Limited₹3.09 CrOpen
06 Feb 2018Others₹2.30 CrSatisfied

How Many Employees Work at Rave Comtek Solutions?

Rave Comtek Solutions has a workforce of 18 employees as of Apr 06, 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 Rave Comtek Solutions, 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 Rave Comtek Solutions'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 Rave Comtek Solutions

Recent activity within the organization

  • Annual General Meeting

    Rave Comtek Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Rave Comtek Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with The South Indian Bank Limited of Rs. 30.90 M registered on 08 Sep 2016 with Charge ID 100057581 was modified on 24 Aug 2023.

    24 Aug 2023

  • Charges

    A charge registered on 06 Feb 2018 via Charge ID 100157231 with Others was fully satisfied on 10 Nov 2022.

    10 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 23.03 M with Charge ID 100157231 was registered on 06 Feb 2018.

    06 Feb 2018

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 30.90 M with Charge ID 100057581 was registered on 08 Sep 2016.

    08 Sep 2016

Frequently asked questions

  • Rave Comtek Solutions Private Limited was incorporated on 17 Jun 2013.

  • The authorized share capital of Rave Comtek Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.80 M.

  • Currently 4 directors are associated with Rave Comtek Solutions Private Limited.

    • Padmanabha Raju Vegesna
    • Vegesna Lakshmi
    • Vegesna Narayana Raju
    • Padmanabha Raju Vegesna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rave Comtek Solutions Private Limited is 48-13-8 Janakirama Street, Srinagar Old Siti Cable Builiding India, Visakapatnam, Andhra Pradesh, 530016.

  • The corporate identification number (CIN) of Rave Comtek Solutions Private Limited is U72400AP2013PTC088415 and the company number is 088415 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rave Comtek Solutions Private Limited is https://www.ravecs.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rave Comtek Solutions Private Limited has risen by 43.46%.

  • As Per 2022 financial reports, 18 employees are currently employed by Rave Comtek Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rave Comtek Solutions Private Limited has experienced an upsurge of 1.33%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rave Comtek Solutions Private Limited amount to ₹ 3.09 Cr.

  • The most recent Balance Sheet for Rave Comtek Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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