Riddhi Corporate Services Limited (RCSL): A Journey of Growth and Excellence
2010-2019: Early Years
Riddhi Corporate Services Limited (RCSL) was founded in 2010 as a private limited company under the Companies Act 1956, marking the beginning of its ambitious journey. During its early years, RCSL focused on establishing a strong foundation and making its presence felt in the market.
In a significant move in 2017, RCSL underwent a transformation by reconstituting itself as a public limited company and got listed on the Bombay Stock Exchange. This strategic decision demonstrated the company's readiness for growth and expansion, and also aimed to attract potential investors. The successful listing on the stock exchange not only provided RCSL with increased visibility but also bolstered its credibility in the financial market, setting the stage for future endeavors. This milestone showcased RCSL's commitment to progress and its potential as a reputable player in the industry.
The years from 2010 to 2019 were critical in shaping RCSL's future trajectory. The transition from a private limited company to a public limited company, along with the listing on the stock exchange, reflected RCSL's dedication to growth and its ability to attract investors. These achievements not only strengthened the company's financial standing but also positioned RCSL as a rising star in the Indian business landscape.
2023-Present: Growth and Expansion
Fast forward to 2023, and RCSL has experienced remarkable growth and expansion in its operations and market reach. The company's projected turnover of INR 200 crores bears testament to its substantial progress and increased business activities. RCSL has achieved this growth by offering a comprehensive range of services, including Document Management, Contact Centre services, Data Entry, Software Development, Verification Services, and Recruitment Services.
The diverse array of solutions provided by RCSL has enabled it to cater to the needs of various sectors, such as Telecom, Banking, NBFC, IT, and more, solidifying its position as a reliable service provider. Notably, RCSL has strategically positioned itself as a trustworthy entity for credit score and address verification services, a pivotal support for Telecom, Banking, NBFC, and IT sectors.
With over 100 clients across India, including large corporates, RCSL has successfully established a wide customer base. The company prudently maintains a balanced customer portfolio, ensuring that no single customer contributes to more than 25% of its total sales, thereby mitigating concentration risks.
RCSL's management team boasts extensive industry knowledge and experience, with directors possessing over two decades of expertise in digitalization, verification, data entry, and call centre services. This wealth of experience has endowed the company with a keen understanding of market trends and the ability to navigate business cycles with finesse. Further enhancing its reputation and reliability, RCSL holds esteemed certifications such as ISO 9001:2015, ISO 27001:2013, and CMMI level 3.
Operating within the IT/ITeS and BPO services industry, RCSL serves a diverse clientele in sectors like Telecommunications, E-commerce, Logistics, Banking, NBFC, IT, and government authorities. The company's adaptability, customer-centric approach, utilization of cutting-edge technology, and a dedicated in-house software development team have been instrumental in driving its impressive growth and expansion.
Conclusion: The history of Riddhi Corporate Services Limited (RCSL) narrates a compelling tale of perseverance, strategic decisions, and a relentless pursuit of excellence. From its early years of establishment to its current stature as a dynamic and diverse service provider, RCSL has charted a remarkable journey. As it continues to grow and expand its horizons, RCSL remains dedicated to delivering high-quality solutions, forging strong client relationships, and contributing significantly to the Indian business landscape.Copy to Clipboard
