Rapicut Carbides Limited

Manufacturer of tungsten carbide products for various industries, with ISO certification.

1977 | Vadodara, Gujarat (India) | Active
Last Updated:

Rapicut Carbides Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 5.37 Cr
  • Company Age 47 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.84 Cr
  • Satisfied Charges ₹ 9.75 Cr
  • Revenue Growth 9.42%
  • Profit Growth -28.11%
  • Ebitda -290.07%
  • Net Worth -4.64%
  • Total Assets 5.63%

About Rapicut Carbides

Rapicut Carbides Limited (RCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 1977 and has a history of 47 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500360.

The Company is engaged in the Machinery And Equipment 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 8.00 Cr and a paid-up capital of Rs 5.37 Cr.

The company currently has active open charges totaling ₹14.84 Cr. The company has closed loans amounting to ₹9.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rapicut Carbides Limited India are Chetankumar Nayak as CFO and Kamlesh Shinde as Company Secretary. Atul Garg, Abhishek Gami, Shruti Gami, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L28910GJ1977PLC002998

  • Company No.

    002998

  • Stock Symbol

    BSE : 500360

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1977

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Rapicut Carbides Limited offer?

Rapicut Carbides Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Cutting Tool Inserts, Drilling & Boring Equipment, Mining Equipment Accessories, Carbide Cutting Tools, Metal & Metal Made Products, Metal Rods, Turning Tool, Seals, Oil Seals & Industrial Seals, Seal Rings.

Who are the key members and board of directors at Rapicut Carbides?

Executive Team (3)

NameDesignationAppointment DateStatus
Abhishek Gami Country flag representing In Managing Director01-Jul-2020Current
Chetankumar Nayak CFO07-Jun-2024Current
Kamlesh Shinde Country flag representing In Company Secretary17-Feb-2025Current

Board Members (5)

NameDesignationAppointment DateStatus
Kishore Sharma Country flag representing In Director 01-Jul-2020Current
Atul Garg Country flag representing In Director 07-Feb-2022Current
Shruti Gami Country flag representing In Director 01-Jul-2020Current
Nrupang Dholakia Country flag representing In Director 01-Jun-2023Current
Dhananjay Kanitkar Country flag representing In Director 15-Jun-2011Current

Financial Performance of Rapicut Carbides.

Rapicut Carbides Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.42% increase. The company also saw a substantial fall in profitability, with a 28.11% decrease in profit. The company's net worth dipped by a decrease of 4.64%.

Rapicut Carbides revenue growth over time
Rapicut Carbides 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
9.42%
Revenue from Operations
9.51%
Total Assets
5.63%
Profit or Loss
-28.11%
Net Worth
-4.64%
EBITDA
-290.07%

What is the Ownership and Shareholding Structure of Rapicut Carbides?

In 2022, Rapicut Carbides had a promoter holding of 37.79% and a public holding of 62.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.84 Cr

Satisfied Charges

₹9.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 14.75 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2019Hdfc Bank Limited₹0.85 MOpen
20 May 2011State Bank Of India₹14.75 CrOpen
17 Oct 2018State Bank Of India₹1.45 MSatisfied
13 Feb 1998State Bank Of India₹6.80 MSatisfied
15 Oct 1994State Bank Of India₹8.93 CrSatisfied

How Many Employees Work at Rapicut Carbides?

Rapicut Carbides has a workforce of 101 employees as of Apr 09, 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.

Employee growth trends for Rapicut Carbides Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapicut Carbides, 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 Rapicut Carbides'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 Rapicut Carbides

Recent activity within the organization

  • Director Appointment

    Kamlesh Mansingrao Shinde was appointed as a Company Secretary was appointed as a Company Secretary on 17 Feb 2025 & has been associated with this company since 1 month 7 days .

  • Annual General Meeting

    Rapicut Carbides Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 14.75 Cr registered on 20 May 2011 with Charge ID 10294180 was modified on 28 Aug 2024.

  • Director Appointment

    Chetankumar Narandas Nayak was appointed as a Cfo was appointed as a Cfo on 07 Jun 2024 & has been associated with this company since 9 months 20 days .

  • Balance Sheet

    Rapicut Carbides Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Nrupang Bhumitra Dholakia was appointed as a Director was appointed as a Director on 01 Jun 2023 & has been associated with this company since 1 year 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Rapicut Carbides Limited?

    Rapicut Carbides Limited was incorporated on 05 Apr 1977.

  • What is authorized share capital and paid-up capital of Rapicut Carbides Limited?

    The authorized share capital of Rapicut Carbides Limited is ₹ 8.00 Cr and paid-up capital is ₹ 5.37 Cr.

  • Who are the current board members & directors of Rapicut Carbides Limited?

    Currently 8 directors are associated with Rapicut Carbides Limited.

    • Atul Ravindra Garg
    • Abhishek Vipinchandra Gami
    • Chetankumar Narandas Nayak
    • Kamlesh Mansingrao Shinde
    • Shruti Abhishek Gami
    • Kishore Dindayal Sharma
    • Nrupang Bhumitra Dholakia
    • Dhananjay Digambar Kanitkar

  • What is the registered address of Rapicut Carbides Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapicut Carbides Limited is 119 Gidc Industrial Area, India, Ankleshwar, Gujarat, 393002.

  • What is the corporate identification number (CIN) and company number of Rapicut Carbides Limited?

    The corporate identification number (CIN) of Rapicut Carbides Limited is L28910GJ1977PLC002998 and the company number is 002998 as per Ministry of Corporate Affairs (MCA).

  • Is Rapicut Carbides Limited registered with any stock exchange in India?

    Yes, Rapicut Carbides Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Rapicut Carbides Limited?

    The Official website of Rapicut Carbides Limited is https://www.rapicutcarbides.com

  • What has been the recent revenue trend for Rapicut Carbides Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rapicut Carbides Limited has risen by 9.42%.

  • How many employees does Rapicut Carbides Limited currently have?

    As Per 2023 financial reports, 101 employees are currently employed by Rapicut Carbides Limited.

  • What change has been observed in the net worth of Rapicut Carbides Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Rapicut Carbides Limited has experienced an downturn of -4.64%.

  • What are the total open charges for Rapicut Carbides Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rapicut Carbides Limited amount to ₹ 14.84 Cr.

  • When was the last Balance Sheet of Rapicut Carbides Limited filed with the ROC?

    The most recent Balance Sheet for Rapicut Carbides Limited was filed with the ROC on 31 Mar 2024.

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