Rapid Cure Systems Private Limited

Industrial coating and surface treatment franchisee, specializing in dyes, pigments, writing, printing, and inks.

1991 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 28, 2024

Rapid Cure Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.07 Cr
  • Satisfied Charges ₹ 3.91 M
  • Revenue Growth -18.05%
  • Profit Growth -58.57%
  • Ebitda -37.83%
  • Net Worth 8.14%
  • Total Assets 5.43%

About Rapid Cure Systems

Rapid Cure Systems Private Limited (RCSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 November 1991 and has a history of 33 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Engineering 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 2.00 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹6.07 Cr. The company has closed loans amounting to ₹3.91 M, as per Ministry of Corporate Affairs (MCA) records.

Prasanna Gurumurthy, Gurumurthy Arjun, and Sundararaman Gurumurthy serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24114TZ1991PTC003517

  • Company No.

    003517

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Engineering

What products or services does Rapid Cure Systems Private Limited offer?

Rapid Cure Systems Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, PU Paints and Coatings.

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

Executive Team (1)

Name Designation Appointment Date Status
Sundararaman Gurumurthy Country flag representing In Managing Director 25-Nov-1991 Current

Board Members (2)

Name Designation Appointment Date Status
Prasanna Gurumurthy Country flag representing In Director 29-Aug-1994 Current
Gurumurthy Arjun Country flag representing In Director 14-Feb-2020 Current

Financial Performance of Rapid Cure Systems.

Rapid Cure Systems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.05% decrease. The company also saw a substantial fall in profitability, with a 58.57% decrease in profit. The company's net worth moved up by a moderate rise of 8.14%.

Graph illustrating revenue growth over time
Graph showing 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
-18.05%
Revenue from Operations
-17.30%
Total Assets
5.43%
Profit or Loss
-58.57%
Net Worth
8.14%
EBITDA
-37.83%

What is the Ownership and Shareholding Structure of Rapid Cure Systems?

In 2021, Rapid Cure Systems 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

₹60.66 M

Satisfied Charges

₹3.91 M

Charges Breakdown by Lending Institutions

  • Others : 6.04 Cr
  • Anz Grindlays Bank : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
07 Aug 2024 Others ₹3.13 Cr Open
07 Jun 2017 Others ₹4.10 M Open
22 Nov 1995 Anz Grindlays Bank ₹0.26 M Open
24 Jan 1992 Others ₹2.51 Cr Open
27 Apr 2011 Bank Of Baroda ₹0.31 M Satisfied

How Many Employees Work at Rapid Cure Systems?

Rapid Cure Systems has a workforce of 44 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 31.25 M with Charge ID 101008821 was registered on 07 Aug 2024.

    07 Aug 2024

  • Balance Sheet

    Rapid Cure Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 25.05 M registered on 24 Jan 1992 with Charge ID 90008042 was modified on 17 Apr 2022.

    17 Apr 2022

  • Director Appointment

    Gurumurthy Arjun was appointed as a Director was appointed as a Director on 14 Feb 2020 & has been associated with this company since 5 years 2 days .

    14 Feb 2020

  • Charges

    A charge with Others amounted to Rs. 4.10 M with Charge ID 100114258 was registered on 07 Jun 2017.

    07 Jun 2017

Frequently asked questions

  • Rapid Cure Systems Private Limited was incorporated on 25 Nov 1991.

  • The authorized share capital of Rapid Cure Systems Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Rapid Cure Systems Private Limited.

    • Prasanna Gurumurthy
    • Gurumurthy Arjun
    • Sundararaman Gurumurthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Cure Systems Private Limited is 89 Iii Street Tatabad India, Coimbatore, Tamil Nadu, 641012.

  • The corporate identification number (CIN) of Rapid Cure Systems Private Limited is U24114TZ1991PTC003517 and the company number is 003517 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Rapid Cure Systems Private Limited has fallen by -18.05%.

  • As Per 2021 financial reports, 44 employees are currently employed by Rapid Cure Systems Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Rapid Cure Systems Private Limited has experienced an upsurge of 8.14%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Rapid Cure Systems Private Limited amount to ₹ 6.07 Cr.

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