Riaxe Systems Private Limited

IT company providing web and mobile app development, e-commerce platforms, and software applications.

2009 | Khorda, Odisha (India) | Active
Last Updated: January 09, 2025

Riaxe Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.70 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.30 M
  • Revenue Growth -78.79%
  • Profit Growth -82.05%
  • Ebitda 106.02%
  • Net Worth 0.45%
  • Total Assets 10.34%

About Riaxe Systems

Riaxe Systems Private Limited (RSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 October 2009 and has a history of 15 years and four months. Its registered office is in Khorda, Odisha, 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 2.00 M and a paid-up capital of Rs 1.70 M.

The company currently has active open charges totaling ₹5.30 M.

Subrat Acharya and Sarita Acharya serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    riaxe.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200OR2009PTC011261

  • Company No.

    011261

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Information Technology

What products or services does Riaxe Systems Private Limited offer?

Riaxe Systems Private Limited offers a wide range of products and services, including Computer & Mobile Apps Development, Open Source Development, Mobile Application Development, Website Development Services, CMS Web Development, Metal Ingots, Titanium, Application Development Service, Website Designing, ASP.Net Development.

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

Financial Performance of Riaxe Systems.

Riaxe Systems Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 78.79% decrease. The company also saw a substantial fall in profitability, with a 82.05% decrease in profit. The company's net worth moved up by a moderate rise of 0.45%.

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
-78.79%
Revenue from Operations
-73.23%
Total Assets
10.34%
Profit or Loss
-82.05%
Net Worth
0.45%
EBITDA
106.02%

What is the Ownership and Shareholding Structure of Riaxe Systems?

In 2022, Riaxe 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

₹5.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2014Idbi Bank Limited₹1.30 MOpen
04 Jul 2014Idbi Bank Limited₹4.00 MOpen

How Many Employees Work at Riaxe Systems?

Riaxe Systems has a workforce of 38 employees as of Mar 28, 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 Riaxe 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 Riaxe 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 Riaxe Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Riaxe Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Sarita Acharya was appointed as a Director was appointed as a Director on 15 Feb 2021 & has been associated with this company since 4 years 12 days .

    15 Feb 2021

  • Charges

    A charge with Idbi Bank Limited of Rs. 4.00 M registered on 04 Jul 2014 with Charge ID 10511262 was modified on 11 Jun 2019.

    11 Jun 2019

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 1.30 M with Charge ID 10521623 was registered on 27 Aug 2014.

    27 Aug 2014

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 4.00 M with Charge ID 10511262 was registered on 04 Jul 2014.

    04 Jul 2014

Frequently asked questions

  • What is the Incorporation or founding date of Riaxe Systems Private Limited?

    Riaxe Systems Private Limited was incorporated on 26 Oct 2009.

  • What is authorized share capital and paid-up capital of Riaxe Systems Private Limited?

    The authorized share capital of Riaxe Systems Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.70 M.

  • Who are the current board members & directors of Riaxe Systems Private Limited?

    Currently 2 directors are associated with Riaxe Systems Private Limited.

    • Subrat Acharya
    • Sarita Acharya
  • What is the registered address of Riaxe Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Riaxe Systems Private Limited is Flat No-Dcb 506 Dlf Cybercity India, Bhubaneswar, Orissa, 751024.

  • What is the corporate identification number (CIN) and company number of Riaxe Systems Private Limited?

    The corporate identification number (CIN) of Riaxe Systems Private Limited is U72200OR2009PTC011261 and the company number is 011261 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Riaxe Systems Private Limited?

    The Official website of Riaxe Systems Private Limited is https://www.riaxe.com

  • What has been the recent revenue trend for Riaxe Systems Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Riaxe Systems Private Limited has fallen by -78.79%.

  • How many employees does Riaxe Systems Private Limited currently have?

    As Per 2022 financial reports, 38 employees are currently employed by Riaxe Systems Private Limited.

  • What change has been observed in the net worth of Riaxe Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Riaxe Systems Private Limited has experienced an upsurge of 0.45%.

  • What are the total open charges for Riaxe Systems Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Riaxe Systems Private Limited amount to ₹ 5.30 M.

  • When was the last Balance Sheet of Riaxe Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Riaxe Systems Private Limited was filed with the ROC on 31 Mar 2024.

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