Rakam Credit Private Limited

Provides financial and related services since 2016, based in Jaipur, Rajasthan.

2016 | Jaipur, Rajasthan (India) | Active
Last Updated: December 26, 2024

Rakam Credit Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 7.18%
  • Profit Growth 48.00%
  • Ebitda 15.83%
  • Net Worth 3.17%
  • Total Assets -2.27%

About Rakam Credit

Rakam Credit Private Limited (RCPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 2016 (Eight years and seven months 3 days old ). Its registered office is in Jaipur, Rajasthan, India.

The Corporate was formerly known as Rakkam Fincorp Private Limited. The Company is engaged in the Financial Services 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 Cr and a paid-up capital of Rs 2.40 Cr.

The company has closed loans amounting to ₹10.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Raj Setia and Shivali Setia serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65929RJ2016PTC055375

  • Company No.

    055375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services

Who are the key members and board of directors at Rakam Credit?

Board Members (2)

Name Designation Appointment Date Status
Raj Setia Country flag representing In Director 30-Jun-2016 Current
Shivali Setia Country flag representing In Director 30-Jun-2016 Current

Financial Performance of Rakam Credit.

Rakam Credit Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 7.18% increase. The company also saw a substantial improvement in profitability, with a 48% increase in profit. The company's net worth moved up by a moderate rise of 3.17%.

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
7.18%
Revenue from Operations
6.86%
Total Assets
-2.27%
Profit or Loss
48.00%
Net Worth
3.17%
EBITDA
15.83%

What is the Ownership and Shareholding Structure of Rakam Credit?

In 2020, Rakam Credit 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

₹0

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
04 Apr 2020 Others ₹10.00 Cr Satisfied

How Many Employees Work at Rakam Credit?

Unlock and access historical data on people associated with Rakam Credit, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rakam Credit, 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 Rakam Credit'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 Rakam Credit

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Rakam Credit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge registered on 04 Apr 2020 via Charge ID 100333032 with Others was fully satisfied on 10 Jul 2020.

    10 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100333032 was registered on 04 Apr 2020.

    04 Apr 2020

  • Director Appointment

    Raj Kumar Setia was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 7 months .

    30 Jun 2016

  • Director Appointment

    Shivali Setia was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 7 months .

    30 Jun 2016

Frequently asked questions

  • Rakam Credit Private Limited was incorporated on 30 Jun 2016.

  • The authorized share capital of Rakam Credit Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.40 Cr.

  • Currently 2 directors are associated with Rakam Credit Private Limited.

    • Raj Kumar Setia
    • Shivali Setia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rakam Credit Private Limited is C-18 Shop No. 34 Upper Basement Floor Silver Square Mall Bhagwan Das Road M. I. Road Near Raj Mandir Cinema, C Scheme India, Jaipur, Rajasthan, 302001.

  • The corporate identification number (CIN) of Rakam Credit Private Limited is U65929RJ2016PTC055375 and the company number is 055375 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rakam Credit Private Limited is https://www.rakamcredit.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Rakam Credit Private Limited has risen by 7.18%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Rakam Credit Private Limited has experienced an upsurge of 3.17%.

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