Rapid Care Transcription Private Limited

Provides BPO and KPO services, including transcription, billing, medical record review, and IT services.

1999 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Rapid Care Transcription Profile

Key Indicators

  • Authorised Capital ₹ 95.00 Cr
  • Paid Up Capital ₹ 80.38 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 116.14 Cr
  • Satisfied Charges ₹ 12.14 Cr
  • Revenue Growth 45.53%
  • Profit Growth 119.39%
  • Ebitda 62.73%
  • Net Worth 286.14%
  • Total Assets 82.07%

About Rapid Care Transcription

Rapid Care Transcription Private Limited (RCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 November 1999 and has a history of 25 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 95.00 Cr and a paid-up capital of Rs 80.38 Cr.

The company currently has active open charges totaling ₹116.14 Cr. The company has closed loans amounting to ₹12.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rapid Care Transcription Private Limited India is Arunsreenivas as COMPANY SECRETARY. Vellore Venkatasubramaniam and Vellore Laxman serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rapidcare.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TN1999PTC043478

  • Company No.

    043478

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Rapid Care Transcription?

Executive Team (2)

NameDesignationAppointment DateStatus
Vellore Venkatasubramaniam Country flag representing In Managing Director06-Jun-2005Current
Arunsreenivas Company Secretary21-Feb-2023Current

Board Members (1)

NameDesignationAppointment DateStatus
Vellore Laxman Country flag representing In Director 06-Jun-2005Current

Financial Performance of Rapid Care Transcription.

Rapid Care Transcription Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.53% increase. The company also saw a substantial improvement in profitability, with a 119.39% increase in profit. The company's net worth Soared by an impressive increase of 286.14%.

Rapid Care Transcription revenue growth over time
Rapid Care Transcription 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
45.53%
Revenue from Operations
49.40%
Total Assets
82.07%
Profit or Loss
119.39%
Net Worth
286.14%
EBITDA
62.73%

What is the Ownership and Shareholding Structure of Rapid Care Transcription?

In 2023, Rapid Care Transcription 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

₹116.14 Cr

Satisfied Charges

₹12.14 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 111.39 Cr
  • Others : 3.85 Cr
  • Axis Bank Limited : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 2024Hdfc Bank Limited₹3.76 MOpen
29 Aug 2023Others₹3.85 CrOpen
16 Apr 2022Hdfc Bank Limited₹1.00 MOpen
25 Mar 2021Hdfc Bank Limited₹3.07 CrOpen
27 Aug 2019Axis Bank Limited₹9.00 MOpen

How Many Employees Work at Rapid Care Transcription?

Rapid Care Transcription has a workforce of 1170 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.

Employee growth trends for Rapid Care Transcription Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapid Care Transcription, 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 Rapid Care Transcription'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 Rapid Care Transcription

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 100929010 was registered on 22 May 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 107.84 Cr registered on 02 Mar 2017 with Charge ID 100095361 was modified on 04 Apr 2024.

  • Annual General Meeting

    Rapid Care Transcription Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 3.85 Cr with Charge ID 100824418 was registered on 29 Aug 2023.

  • Balance Sheet

    Rapid Care Transcription Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Director Appointment

    Arunsreenivas was appointed as a Company Secretary was appointed as a Company Secretary on 21 Feb 2023 & has been associated with this company since 2 years 11 days .

Frequently asked questions

  • What is the Incorporation or founding date of Rapid Care Transcription Private Limited?

    Rapid Care Transcription Private Limited was incorporated on 03 Nov 1999.

  • What is authorized share capital and paid-up capital of Rapid Care Transcription Private Limited?

    The authorized share capital of Rapid Care Transcription Private Limited is ₹ 95.00 Cr and paid-up capital is ₹ 80.38 Cr.

  • Who are the current board members & directors of Rapid Care Transcription Private Limited?

    Currently 3 directors are associated with Rapid Care Transcription Private Limited.

    • Vellore Laxman Venkatasubramaniam
    • Arunsreenivas
    • Vellore Vilvanathan Laxman

  • What is the registered address of Rapid Care Transcription Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Care Transcription Private Limited is 2Nd Floor Vlv Complex Old No.21 New No.41 Mount Road Little Mount, Saidapet India, Chennai, Tamil Nadu, 600015.

  • What is the corporate identification number (CIN) and company number of Rapid Care Transcription Private Limited?

    The corporate identification number (CIN) of Rapid Care Transcription Private Limited is U72300TN1999PTC043478 and the company number is 043478 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rapid Care Transcription Private Limited?

    The Official website of Rapid Care Transcription Private Limited is https://www.rapidcare.net

  • What has been the recent revenue trend for Rapid Care Transcription Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Rapid Care Transcription Private Limited has risen by 45.53%.

  • How many employees does Rapid Care Transcription Private Limited currently have?

    As Per 2022 financial reports, 1170 employees are currently employed by Rapid Care Transcription Private Limited.

  • What change has been observed in the net worth of Rapid Care Transcription Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Rapid Care Transcription Private Limited has experienced an upsurge of 286.14%.

  • What are the total open charges for Rapid Care Transcription Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Rapid Care Transcription Private Limited amount to ₹ 116.14 Cr.

  • When was the last Balance Sheet of Rapid Care Transcription Private Limited filed with the ROC?

    The most recent Balance Sheet for Rapid Care Transcription Private Limited was filed with the ROC on 31 Mar 2023.

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