Rapid Cutting Technologies India Private Limited

Founded in 2006 and headquartered in Tamil Nadu, India.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 29, 2024

Rapid Cutting Technologies India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.93 M
  • Satisfied Charges ₹ 4.80 M
  • Revenue Growth -64.44%
  • Profit Growth -81.87%
  • Ebitda -41.00%
  • Net Worth 2.85%
  • Total Assets -5.33%

About Rapid Cutting Technologies India

Rapid Cutting Technologies India Private Limited (RCTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2006 and has a history of 18 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Travel And Hospitality 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 2.00 M.

The company currently has active open charges totaling ₹3.93 M. The company has closed loans amounting to ₹4.80 M, as per Ministry of Corporate Affairs (MCA) records.

Paulraj Padma and Subramaniam Mohanraj serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rapidcutting.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28939TN2006PTC059817

  • Company No.

    059817

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality
Infrastructure and Utilities

What products or services does Rapid Cutting Technologies India Private Limited offer?

Rapid Cutting Technologies India Private Limited offers a wide range of products and services, including Material Cutting Services, Core Cutting Services, Cutting Tools & Milling Cutter, Cutting Tools, Power Saw, Wall Saw, Saw Cutting Services.

Who are the key members and board of directors at Rapid Cutting Technologies India?

Executive Team (1)

Name Designation Appointment Date Status
Subramaniam Mohanraj Country flag representing In Managing Director 12-May-2006 Current

Board Members (1)

Name Designation Appointment Date Status
Paulraj Padma Country flag representing In Director 12-May-2006 Current

Financial Performance of Rapid Cutting Technologies India.

Rapid Cutting Technologies India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 64.44% decrease. The company also saw a substantial fall in profitability, with a 81.87% decrease in profit. The company's net worth moved up by a moderate rise of 2.85%.

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
-64.44%
Revenue from Operations
-64.46%
Total Assets
-5.33%
Profit or Loss
-81.87%
Net Worth
2.85%
EBITDA
-41.00%

What is the Ownership and Shareholding Structure of Rapid Cutting Technologies India?

In 2021, Rapid Cutting Technologies India 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

₹3.93 M

Satisfied Charges

₹4.80 M

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 0.30 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
17 Aug 2024 Hdfc Bank Limited ₹0.93 M Open
15 Jul 2011 Tamilnad Mercantile Bank Limited ₹3.00 M Open
01 Sep 2012 Tamilnad Mercantile Bank Limited ₹4.80 M Satisfied

How Many Employees Work at Rapid Cutting Technologies India?

Unlock and access historical data on people associated with Rapid Cutting Technologies India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapid Cutting Technologies India, 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 Cutting Technologies India'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 Cutting Technologies India

Recent activity within the organization

  • Annual General Meeting

    Rapid Cutting Technologies India 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 Hdfc Bank Limited amounted to Rs. 0.93 M with Charge ID 100978430 was registered on 17 Aug 2024.

    17 Aug 2024

  • Balance Sheet

    Rapid Cutting Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 01 Sep 2012 via Charge ID 10377633 with Tamilnad Mercantile Bank Limited was fully satisfied on 23 Mar 2014.

    23 Mar 2014

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.80 M with Charge ID 10377633 was registered on 01 Sep 2012.

    01 Sep 2012

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 3.00 M with Charge ID 10301927 was registered on 15 Jul 2011.

    15 Jul 2011

Frequently asked questions

  • Rapid Cutting Technologies India Private Limited was incorporated on 12 May 2006.

  • The authorized share capital of Rapid Cutting Technologies India Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Rapid Cutting Technologies India Private Limited.

    • Paulraj Padma
    • Subramaniam Mohanraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Cutting Technologies India Private Limited is No.7/3, Nama Naicken Streetroyapuram India, Chennai, Tamil Nadu, 600013.

  • The corporate identification number (CIN) of Rapid Cutting Technologies India Private Limited is U28939TN2006PTC059817 and the company number is 059817 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rapid Cutting Technologies India Private Limited is https://www.rapidcutting.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Rapid Cutting Technologies India Private Limited has fallen by -64.44%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Rapid Cutting Technologies India Private Limited has experienced an upsurge of 2.85%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Rapid Cutting Technologies India Private Limited amount to ₹ 3.93 M.

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

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