Rapid Contracts Private Limited

Construction services for residential and commercial buildings, roads, and properties.

2013 | Delhi (India) | Active
Last Updated:

Rapid Contracts Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.44 Cr
  • Revenue Growth -74.33%
  • Profit Growth -24.92%
  • Ebitda -41.19%
  • Net Worth 1.42%
  • Total Assets -5.63%

About Rapid Contracts

Rapid Contracts Private Limited (RCPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 May 2013 and has a history of 11 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the Infrastructure And Utilities 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.44 Cr.

Yogesh Gupta and Alpna Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45400DL2013PTC251946

  • Company No.

    251946

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Infrastructure and Utilities

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

Board Members (2)

NameDesignationAppointment DateStatus
Yogesh Gupta Country flag representing In Director 10-May-2013Current
Alpna Gupta Country flag representing In Director 10-May-2013Current

Financial Performance of Rapid Contracts.

Rapid Contracts Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 74.33% decrease. The company also saw a substantial fall in profitability, with a 24.92% decrease in profit. The company's net worth moved up by a moderate rise of 1.42%.

Rapid Contracts revenue growth over time
Rapid Contracts 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
-74.33%
Revenue from Operations
-74.44%
Total Assets
-5.63%
Profit or Loss
-24.92%
Net Worth
1.42%
EBITDA
-41.19%

What is the Ownership and Shareholding Structure of Rapid Contracts?

In 2020, Rapid Contracts 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

₹24.37 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.15 Cr
  • Hdfc Bank Limited : 0.29 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2015Canara Bank₹5.50 MOpen
19 Aug 2015Canara Bank₹1.60 CrOpen
11 Mar 2015Hdfc Bank Limited₹0.60 MOpen
04 Dec 2014Hdfc Bank Limited₹2.27 MOpen

How Many Employees Work at Rapid Contracts?

Rapid Contracts has a workforce of 6 employees as of Mar 28, 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 Contracts Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Rapid Contracts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Canara Bank of Rs. 16.00 M registered on 19 Aug 2015 with Charge ID 10590903 was modified on 11 Feb 2016.

  • Charges

    A charge with Canara Bank amounted to Rs. 5.50 M with Charge ID 10594518 was registered on 15 Sep 2015.

  • Charges

    A charge with Canara Bank amounted to Rs. 16.00 M with Charge ID 10590903 was registered on 19 Aug 2015.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.60 M with Charge ID 10555660 was registered on 11 Mar 2015.

Frequently asked questions

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

    Rapid Contracts Private Limited was incorporated on 10 May 2013.

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

    The authorized share capital of Rapid Contracts Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    Currently 2 directors are associated with Rapid Contracts Private Limited.

    • Yogesh Gupta
    • Alpna Gupta

  • What is the registered address of Rapid Contracts Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Contracts Private Limited is C-128 Basement Defence Colony India, New Delhi, 110024.

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

    The corporate identification number (CIN) of Rapid Contracts Private Limited is U45400DL2013PTC251946 and the company number is 251946 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2021, the revenue trend for Rapid Contracts Private Limited has fallen by -74.33%.

  • How many employees does Rapid Contracts Private Limited currently have?

    As Per 2021 financial reports, 6 employees are currently employed by Rapid Contracts Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Rapid Contracts Private Limited has experienced an upsurge of 1.42%.

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

    As per the financial statements for fiscal Year 2021, The total open charges for Rapid Contracts Private Limited amount to ₹ 2.44 Cr.

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

    The most recent Balance Sheet for Rapid Contracts Private Limited was filed with the ROC on 31 Mar 2024.