Ridelane Services Private Limited

Provides transportation services for passengers, including car rentals, airport cabs, and corporate rentals.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: January 24, 2025

Ridelane Services Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.71 Cr
  • Revenue Growth -28.60%
  • Profit Growth 63.99%
  • Ebitda 38.49%
  • Net Worth 43.50%
  • Total Assets -13.76%

About Ridelane Services

Ridelane Services Private Limited (RSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 September 2019 (Five years and five months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transport And Logistics 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 2.50 M and a paid-up capital of Rs 0.15 M.

The company currently has active open charges totaling ₹4.71 Cr.

Ashok Kanodia, Arun Khetan, and Manan Bansal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bus2work.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040KA2019PTC127889

  • Company No.

    127889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

Who are the key members and board of directors at Ridelane Services?

Financial Performance of Ridelane Services.

Ridelane Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.6% decrease. The company also saw a substantial improvement in profitability, with a 63.99% increase in profit. The company's net worth Soared by an impressive increase of 43.5%.

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
-28.60%
Revenue from Operations
-28.86%
Total Assets
-13.76%
Profit or Loss
63.99%
Net Worth
43.50%
EBITDA
38.49%

What is the Ownership and Shareholding Structure of Ridelane Services?

In 2021, Ridelane Services had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.11 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.26 Cr
  • Others : 1.45 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2024Hdfc Bank Limited₹1.57 CrOpen
26 Feb 2024Hdfc Bank Limited₹1.29 CrOpen
19 Feb 2024Others₹1.45 CrOpen
25 Aug 2021Hdfc Bank Limited₹1.12 MOpen
13 Jul 2021Hdfc Bank Limited₹2.90 MOpen

How Many Employees Work at Ridelane Services?

Ridelane Services has a workforce of 10 employees as of Apr 07, 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 Ridelane Services, 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 Ridelane Services'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 Ridelane Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.71 M with Charge ID 100961309 was registered on 16 Jul 2024.

    16 Jul 2024

  • Balance Sheet

    Ridelane Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.88 M with Charge ID 100926915 was registered on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 14.49 M with Charge ID 100906377 was registered on 19 Feb 2024.

    19 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.12 M with Charge ID 100479119 was registered on 25 Aug 2021.

    25 Aug 2021

Frequently asked questions

  • What is the Incorporation or founding date of Ridelane Services Private Limited?

    Ridelane Services Private Limited was incorporated on 12 Sep 2019.

  • What is authorized share capital and paid-up capital of Ridelane Services Private Limited?

    The authorized share capital of Ridelane Services Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.15 M.

  • Who are the current board members & directors of Ridelane Services Private Limited?

    Currently 3 directors are associated with Ridelane Services Private Limited.

    • Ashok Kumar Kanodia
    • Arun Khetan
    • Manan Bansal
  • What is the registered address of Ridelane Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ridelane Services Private Limited is No C - 507 Gopalan Jewels 7Th Mile Konankunte Cross, Kanakapura Main Road India, Bangalore, Karnataka, 560002.

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

    The corporate identification number (CIN) of Ridelane Services Private Limited is U63040KA2019PTC127889 and the company number is 127889 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ridelane Services Private Limited?

    The Official website of Ridelane Services Private Limited is https://www.bus2work.in

  • What has been the recent revenue trend for Ridelane Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ridelane Services Private Limited has fallen by -28.60%.

  • How many employees does Ridelane Services Private Limited currently have?

    As Per 2023 financial reports, 10 employees are currently employed by Ridelane Services Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Ridelane Services Private Limited has experienced an upsurge of 43.50%.

  • What are the total open charges for Ridelane Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ridelane Services Private Limited amount to ₹ 4.71 Cr.

  • When was the last Balance Sheet of Ridelane Services Private Limited filed with the ROC?

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