Rapid Commotrade Pvt Ltd
Imports and exports various products such as jute, rope, and machine tools.
1995 | Kolkata, West Bengal (India) | Active
Rapid Commotrade Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 30 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.60 Cr
- Satisfied Charges ₹ 4.64 Cr
- Revenue Growth -16.56%
- Profit Growth -41.70%
- Ebitda 10.53%
- Net Worth 0.14%
- Total Assets -3.39%
About Rapid Commotrade
Rapid Commotrade Pvt Ltd (RCPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 1995 and has a history of 30 years. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Business 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹3.60 Cr. The company has closed loans amounting to ₹4.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vivek Newatia, Bal Newatia, Pranay Newatia, and One other member serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51109WB1995PTC070862
- Company No.
070862
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Apr 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Business Services
Rapid Commotrade Pvt Ltd
Explore comprehensive data for Rapid Commotrade Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rapid Commotrade?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Newatia  | Director | 07-Oct-2002 | Current |
| Pranay Newatia | Director | 07-Oct-2002 | Current |
| Bal Newatia | Director | 25-Feb-2003 | Current |
| Neelam Newatia | Director | 25-Feb-2003 | Current |
Financial Performance of Rapid Commotrade.
Rapid Commotrade Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.56% decrease. The company also saw a substantial fall in profitability, with a 41.7% decrease in profit. The company's net worth moved up by a moderate rise of 0.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rapid Commotrade?
In 2021, Rapid Commotrade had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Power Vision Private LimitedBal Newatia is a mutual person
Inex Collection Private LimitedPranay Newatia and Neelam Newatia are mutual person
- Srijay Properties Private Limited
Vivek Newatia is a mutual person
- S.J.Fincon Pvt.Ltd.
Vivek Newatia and Bal Newatia are mutual person
- Alpes Constructions Private Limited
Vivek Newatia and Neelam Newatia are mutual person
- S Jaykishan Consulting Private Limited
Vivek Newatia and Bal Newatia are mutual person
Charges (Loans)
Open Charges
₹36.00 M
Satisfied Charges
₹46.38 M
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 3.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2017 | Standard Chartered Bank | ₹3.60 Cr | Open |
| 21 Sep 2020 | Standard Chartered Bank | ₹5.48 M | Satisfied |
| 17 May 2019 | Standard Chartered Bank | ₹1.30 Cr | Satisfied |
| 30 May 2011 | Deutsche Bank Ag | ₹1.17 Cr | Satisfied |
| 26 Jun 2010 | Standard Chartered Bank | ₹1.62 Cr | Satisfied |
How Many Employees Work at Rapid Commotrade?
Unlock and access historical data on people associated with Rapid Commotrade, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Rapid Commotrade, 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 Commotrade's trajectory.
Rating
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
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 Commotrade
Recent activity within the organization
- Annual General Meeting
Rapid Commotrade Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rapid Commotrade Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge registered on 21 Sep 2020 via Charge ID 100377912 with Standard Chartered Bank was fully satisfied on 26 Feb 2024.
- Charges
A charge registered on 17 May 2019 via Charge ID 100263728 with Standard Chartered Bank was fully satisfied on 26 Feb 2024.
- Charges
A charge with Standard Chartered Bank of Rs. 36.00 M registered on 31 Jul 2017 with Charge ID 100118073 was modified on 02 Jan 2024.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 5.48 M with Charge ID 100377912 was registered on 21 Sep 2020.
Frequently asked questions
What is the Incorporation or founding date of Rapid Commotrade Pvt Ltd?
Rapid Commotrade Pvt Ltd was incorporated on 04 Apr 1995.
What is authorized share capital and paid-up capital of Rapid Commotrade Pvt Ltd?
The authorized share capital of Rapid Commotrade Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Rapid Commotrade Pvt Ltd?
Currently 4 directors are associated with Rapid Commotrade Pvt Ltd.
- Vivek Newatia
- Bal Kishan Newatia
- Pranay Newatia
- Neelam Newatia
What is the registered address of Rapid Commotrade Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Commotrade Pvt Ltd is 3C Dr. U. N. Bramhachari Street Flat No. 6B, 6Th Floor India, Kolkata, West Bengal, 700017.
What is the corporate identification number (CIN) and company number of Rapid Commotrade Pvt Ltd?
The corporate identification number (CIN) of Rapid Commotrade Pvt Ltd is U51109WB1995PTC070862 and the company number is 070862 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Rapid Commotrade Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Rapid Commotrade Pvt Ltd has fallen by -16.56%.
What change has been observed in the net worth of Rapid Commotrade Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Rapid Commotrade Pvt Ltd has experienced an upsurge of 0.14%.
What are the total open charges for Rapid Commotrade Pvt Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Rapid Commotrade Pvt Ltd amount to ₹ 3.60 Cr.
When was the last Balance Sheet of Rapid Commotrade Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Rapid Commotrade Pvt Ltd was filed with the ROC on 31 Mar 2024.
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