Rapid Engineering Co Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.10 M
- Company Age 53 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.78 Cr
- Satisfied Charges ₹ 29.45 Cr
- Revenue Growth 25.11%
- Profit Growth 79.41%
- Ebitda 125.99%
- Net Worth 24.13%
- Total Assets 26.81%
About Rapid Engineering Co
Rapid Engineering Co Pvt Ltd (RECPL) was founded in India on 13 March 1972 and has a glorious history of 53 years and one month. Its registered office is in Delhi, India.
The Company is engaged in the Chemicals And Materials 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 Cr and a paid-up capital of Rs 9.10 M.
The company currently has active open charges totaling ₹25.78 Cr. The company has closed loans amounting to ₹29.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajit Gupta, Saroj Gupta, and Anuj 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
U74899DL1972PTC006026
- Company No.
006026
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1972
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Chemicals and Materials
What products or services does Rapid Engineering Co Pvt Ltd offer?
Rapid Engineering Co Pvt Ltd offers a wide range of products and services, including Resistors & Other Passive Devices, Film Resistors, FRP Lining, PU & Powder Coatings, Special Coating, Epoxy Paints and Coatings, Epoxy Coatings, Additive Masterbatches, Antimicrobial Masterbatch, Powder Coatings, Powder Coating.
Rapid Engineering Co Pvt Ltd
Explore comprehensive data for Rapid Engineering Co Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Rapid Engineering Co?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajit Gupta  | Managing Director | 13-Mar-1972 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saroj Gupta | Director | 28-Feb-1974 | Current |
| Anuj Gupta | Director | 28-Apr-2010 | Current |
Financial Performance of Rapid Engineering Co.
Rapid Engineering Co Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 25.11% increase. The company also saw a substantial improvement in profitability, with a 79.41% increase in profit. The company's net worth Soared by an impressive increase of 24.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rapid Engineering Co?
In 2023, Rapid Engineering Co 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)
Sofritek Private LimitedAnuj Gupta is a mutual person
Charges (Loans)
Open Charges
₹25.78 Cr
Satisfied Charges
₹29.45 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 13.28 Cr
- Citi Bank N.A. : 12.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2021 | Citi Bank N.A. | ₹2.50 Cr | Open |
| 16 Oct 2017 | Citi Bank N.A. | ₹10.00 Cr | Open |
| 29 Sep 2014 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.28 Cr | Open |
| 23 Apr 2014 | The Hongkong And Shanghai Banking Corporation Limited | ₹12.00 Cr | Open |
| 17 Jun 2013 | Citibank N.A | ₹10.00 Cr | Satisfied |
How Many Employees Work at Rapid Engineering Co?
Unlock and access historical data on people associated with Rapid Engineering Co, 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 Engineering Co, 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 Engineering Co'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 Engineering Co
Recent activity within the organization
- Annual General Meeting
Rapid Engineering Co Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Rapid Engineering Co Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 2.50 Cr with Charge ID 100538457 was registered on 31 Dec 2021.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 10.00 Cr with Charge ID 100133117 was registered on 16 Oct 2017.
- Charges
A charge registered on 17 Jun 2013 via Charge ID 10440880 with Citibank N.A was fully satisfied on 13 Nov 2014.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.28 Cr with Charge ID 10523139 was registered on 29 Sep 2014.
Frequently asked questions
What is the Incorporation or founding date of Rapid Engineering Co Pvt Ltd?
Rapid Engineering Co Pvt Ltd was incorporated on 13 Mar 1972.
What is authorized share capital and paid-up capital of Rapid Engineering Co Pvt Ltd?
The authorized share capital of Rapid Engineering Co Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.10 M.
Who are the current board members & directors of Rapid Engineering Co Pvt Ltd?
Currently 3 directors are associated with Rapid Engineering Co Pvt Ltd.
- Ajit Gupta
- Saroj Gupta
- Anuj Gupta
What is the registered address of Rapid Engineering Co Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Engineering Co Pvt Ltd is 111-112Dsidc Okhla Industrial Area Phase I India, Delhi, 110020.
What is the corporate identification number (CIN) and company number of Rapid Engineering Co Pvt Ltd?
The corporate identification number (CIN) of Rapid Engineering Co Pvt Ltd is U74899DL1972PTC006026 and the company number is 006026 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rapid Engineering Co Pvt Ltd?
The Official website of Rapid Engineering Co Pvt Ltd is https://www.rapidcoat.com
What has been the recent revenue trend for Rapid Engineering Co Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Rapid Engineering Co Pvt Ltd has risen by 25.11%.
What change has been observed in the net worth of Rapid Engineering Co Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rapid Engineering Co Pvt Ltd has experienced an upsurge of 24.13%.
What are the total open charges for Rapid Engineering Co Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Rapid Engineering Co Pvt Ltd amount to ₹ 25.78 Cr.
When was the last Balance Sheet of Rapid Engineering Co Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Rapid Engineering Co Pvt Ltd was filed with the ROC on 31 Mar 2024.
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