Rapid Engineering Co Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.10 M
- Company Age 52 Year, 11 Months
- 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 52 years and 11 months. 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
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.
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)
₹25.78 Cr
₹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
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Alerts
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