Rigel Networks Private Limited

IT company providing custom software development, remote infrastructure management, and IT services to various industries.

2006 | Vadodara, Gujarat (India) | Active
Last Updated: December 23, 2024

Rigel Networks Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.60 Cr
  • Revenue Growth -2.36%
  • Profit Growth -62.14%
  • Ebitda -46.74%
  • Net Worth 10.15%
  • Total Assets 27.36%

About Rigel Networks

Rigel Networks Private Limited (RNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 2006 and has a history of 18 years and four months. Its registered office is in Vadodara, Gujarat.

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 0.30 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.60 Cr.

Bhairav Patel, Vishal Dalsania, and Nischal Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2006PTC049188

  • Company No.

    049188

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology
Business Outsourcing

What products or services does Rigel Networks Private Limited offer?

Rigel Networks Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Testing Services, CRM Software, CRM Solutions, Call Centre & Customer Care Services, Help Desk Services, Business Planning and Management, Business Consultant, IT Facility Management Services, Technology Infrastructure Services.

Who are the key members and board of directors at Rigel Networks?

Board Members (3)

Name Designation Appointment Date Status
Bhairav Patel Country flag representing In Director 29-Sep-2006 Current
Vishal Dalsania Country flag representing In Director 29-Sep-2006 Current
Nischal Patel Country flag representing In Director 22-May-2014 Current

Financial Performance of Rigel Networks.

Rigel Networks Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.36% decrease. The company also saw a substantial fall in profitability, with a 62.14% decrease in profit. The company's net worth Soared by an impressive increase of 10.15%.

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
-2.36%
Revenue from Operations
-1.72%
Total Assets
27.36%
Profit or Loss
-62.14%
Net Worth
10.15%
EBITDA
-46.74%

What is the Ownership and Shareholding Structure of Rigel Networks?

In 2021, Rigel Networks 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

₹56.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.60 Cr

Latest Charge Details

Date Lender Amount Status
23 Oct 2015 Others ₹5.60 Cr Open

How Many Employees Work at Rigel Networks?

Rigel Networks has a workforce of 121 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 Rigel Networks, 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 Rigel Networks'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 Rigel Networks

Recent activity within the organization

  • Annual General Meeting

    Rigel Networks 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 Others of Rs. 56.00 M registered on 23 Oct 2015 with Charge ID 10601110 was modified on 29 May 2024.

    29 May 2024

  • Balance Sheet

    Rigel Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 56.00 M with Charge ID 10601110 was registered on 23 Oct 2015.

    23 Oct 2015

  • Director Appointment

    Nischal Jayant Patel was appointed as a Director was appointed as a Director on 22 May 2014 & has been associated with this company since 10 years 8 months .

    22 May 2014

  • Director Appointment

    Bhairav Jayant Patel was appointed as a Director was appointed as a Director on 29 Sep 2006 & has been associated with this company since 18 years 4 months .

    29 Sep 2006

Frequently asked questions

  • Rigel Networks Private Limited was incorporated on 29 Sep 2006.

  • The authorized share capital of Rigel Networks Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Rigel Networks Private Limited.

    • Bhairav Jayant Patel
    • Vishal Mansukhbhai Dalsania
    • Nischal Jayant Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rigel Networks Private Limited is 702/6/7 Dwarkesh Complex R.C. Dutt Road, Alkapuri India, Vadodara, Gujarat, 390005.

  • The corporate identification number (CIN) of Rigel Networks Private Limited is U72200GJ2006PTC049188 and the company number is 049188 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rigel Networks Private Limited is https://www.rigelnetworks.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Rigel Networks Private Limited has fallen by -2.36%.

  • As Per 2021 financial reports, 121 employees are currently employed by Rigel Networks Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Rigel Networks Private Limited has experienced an upsurge of 10.15%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Rigel Networks Private Limited amount to ₹ 5.60 Cr.

  • The most recent Balance Sheet for Rigel Networks Private Limited was filed with the ROC on 31 Mar 2024.

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