Rapid Controls P. Ltd.

Manufactures and supplies industrial valves, switches, thermostats, and butterfly valves since 1988.

1988 | Delhi (India) | Active
Last Updated:

Rapid Controls P. Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.96 Cr
  • Revenue Growth -18.58%
  • Profit Growth 65.04%
  • Ebitda -32.29%
  • Net Worth 2.02%
  • Total Assets 4.37%

About Rapid Controls P.

Rapid Controls P. Ltd. (RCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 April 1988 and has a history of 36 years and ten months. Its registered office is in Delhi, India.

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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹5.96 Cr.

Narinder Riyat, Paramjit Riyat, and Hitesh Riyat serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rapidcontrols.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36999DL1988PTC031192

  • Company No.

    031192

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment
Energy and Power

What products or services does Rapid Controls P. Ltd. offer?

Rapid Controls P. Ltd. offers a wide range of products and services, including Industrial Valves & Valve Fittings, Motorized Valve, Switches & Switch Boxes, Flow Switches, Pressure Switches.

Who are the key members and board of directors at Rapid Controls P.?

Board Members (3)

NameDesignationAppointment DateStatus
Narinder Riyat Country flag representing In Director 05-Apr-1988Current
Paramjit Riyat Country flag representing In Director 05-Apr-1988Current
Hitesh Riyat Country flag representing In Director 25-Apr-2016Current

Financial Performance of Rapid Controls P..

Rapid Controls P. Ltd., for the financial year ended 2022, experienced significant reduction in revenue, with a 18.58% decrease. The company also saw a substantial improvement in profitability, with a 65.04% increase in profit. The company's net worth moved up by a moderate rise of 2.02%.

Rapid Controls P. revenue growth over time
Rapid Controls P. 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
-18.58%
Revenue from Operations
-19.40%
Total Assets
4.37%
Profit or Loss
65.04%
Net Worth
2.02%
EBITDA
-32.29%

What is the Ownership and Shareholding Structure of Rapid Controls P.?

In 2023, Rapid Controls P. had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.64 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.62 Cr
  • Others : 2.30 Cr
  • Hdfc Bank Limited : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2024Hdfc Bank Limited₹0.44 MOpen
29 May 2024Others₹2.30 CrOpen
12 Jun 2020Canara Bank₹0.70 MOpen
15 Jul 2014Canara Bank₹1.20 MOpen
23 Nov 2010Canara Bank₹1.80 MOpen

How Many Employees Work at Rapid Controls P.?

Rapid Controls P. has a workforce of 54 employees as of Apr 05, 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 Controls P. Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapid Controls P., 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 Controls P.'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 Controls P.

Recent activity within the organization

  • Annual General Meeting

    Rapid Controls P. Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.44 M with Charge ID 100991177 was registered on 26 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 23.00 M with Charge ID 100934408 was registered on 29 May 2024.

  • Balance Sheet

    Rapid Controls P. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Canara Bank of Rs. 23.00 M registered on 20 Oct 2003 with Charge ID 80043767 was modified on 05 Mar 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.70 M with Charge ID 100376682 was registered on 12 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Rapid Controls P. Ltd.?

    Rapid Controls P. Ltd. was incorporated on 05 Apr 1988.

  • What is authorized share capital and paid-up capital of Rapid Controls P. Ltd.?

    The authorized share capital of Rapid Controls P. Ltd. is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Rapid Controls P. Ltd.?

    Currently 3 directors are associated with Rapid Controls P. Ltd..

    • Narinder Singh Riyat
    • Paramjit Kaur Riyat
    • Hitesh Riyat

  • What is the registered address of Rapid Controls P. Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Controls P. Ltd. is B-47 Mayapuri Industrial Areaphase I India, New Delhi, 110064.

  • What is the corporate identification number (CIN) and company number of Rapid Controls P. Ltd.?

    The corporate identification number (CIN) of Rapid Controls P. Ltd. is U36999DL1988PTC031192 and the company number is 031192 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rapid Controls P. Ltd.?

    The Official website of Rapid Controls P. Ltd. is https://www.rapidcontrols.in

  • What has been the recent revenue trend for Rapid Controls P. Ltd.?

    According to the financial reports for the fiscal year 2022, the revenue trend for Rapid Controls P. Ltd. has fallen by -18.58%.

  • How many employees does Rapid Controls P. Ltd. currently have?

    As Per 2022 financial reports, 54 employees are currently employed by Rapid Controls P. Ltd..

  • What change has been observed in the net worth of Rapid Controls P. Ltd., and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Rapid Controls P. Ltd. has experienced an upsurge of 2.02%.

  • What are the total open charges for Rapid Controls P. Ltd.?

    As per the financial statements for fiscal Year 2022, The total open charges for Rapid Controls P. Ltd. amount to ₹ 5.96 Cr.

  • When was the last Balance Sheet of Rapid Controls P. Ltd. filed with the ROC?

    The most recent Balance Sheet for Rapid Controls P. Ltd. was filed with the ROC on 31 Mar 2024.

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