Rapid Enterprises Private Limited

Manufacturer of plastic switches and home automation products, established in 1997 in Mumbai.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Rapid Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.30 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.49 Cr
  • Revenue Growth -21.73%
  • Profit Growth 20.68%
  • Ebitda 89.91%
  • Net Worth 4.91%
  • Total Assets 4.85%

About Rapid Enterprises

Rapid Enterprises Private Limited (REPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 July 1997 and has a history of 27 years and seven months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.30 M.

The company has closed loans amounting to ₹2.49 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kishore Nandu and Vinay Chheda serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1997PTC109293

  • Company No.

    109293

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

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

Board Members (2)

Name Designation Appointment Date Status
Kishore Nandu Country flag representing In Director 08-Jul-1997 Current
Vinay Chheda Country flag representing In Director 08-Jul-1997 Current

Financial Performance of Rapid Enterprises.

Rapid Enterprises Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 21.73% decrease. The company also saw a substantial improvement in profitability, with a 20.68% increase in profit. The company's net worth moved up by a moderate rise of 4.91%.

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
-21.73%
Revenue from Operations
Total Assets
4.85%
Profit or Loss
20.68%
Net Worth
4.91%
EBITDA
89.91%

What is the Ownership and Shareholding Structure of Rapid Enterprises?

In 2020, Rapid Enterprises 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

₹0

Satisfied Charges

₹24.86 M

Charges Breakdown by Lending Institutions

  • Sbi Factors And Commercial Services Ltd : 1.50 Cr
  • The Saraswal Co-Operative Bank Ltd : 0.40 Cr
  • The Saraswat Co-Op Bank Ltd : 0.39 Cr
  • The Saraswat Co-Operative Bank Ltd : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2007 The Saraswat Co-Op Bank Ltd ₹3.90 M Satisfied
28 Aug 2001 Sbi Factors And Commercial Services Ltd ₹1.50 Cr Satisfied
11 Jul 2001 The Saraswal Co-Operative Bank Ltd ₹0.32 M Satisfied
14 Dec 2000 The Saraswal Co-Operative Bank Ltd ₹0.29 M Satisfied
26 Mar 1999 The Saraswal Co-Operative Bank Ltd ₹0.28 M Satisfied

How Many Employees Work at Rapid Enterprises?

Unlock and access historical data on people associated with Rapid Enterprises, 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 Enterprises, 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 Enterprises'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 Enterprises

Recent activity within the organization

  • Annual General Meeting

    Rapid Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rapid Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 21 Jan 1999 via Charge ID 90142304 with The Saraswal Co-Operative Bank Ltd was fully satisfied on 26 Jun 2018.

    26 Jun 2018

  • Charges

    A charge registered on 28 Aug 2001 via Charge ID 90143544 with Sbi Factors And Commercial Services Ltd was fully satisfied on 20 Jun 2018.

    20 Jun 2018

  • Charges

    A charge registered on 30 Mar 2007 via Charge ID 10048794 with The Saraswat Co-Op Bank Ltd was fully satisfied on 22 Jan 2015.

    22 Jan 2015

  • Charges

    A charge registered on 11 Jul 2001 via Charge ID 90143484 with The Saraswal Co-Operative Bank Ltd was fully satisfied on 22 Jan 2015.

    22 Jan 2015

Frequently asked questions

  • Rapid Enterprises Private Limited was incorporated on 08 Jul 1997.

  • The authorized share capital of Rapid Enterprises Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.30 M.

  • Currently 2 directors are associated with Rapid Enterprises Private Limited.

    • Kishore Kunverji Nandu
    • Vinay Asoo Chheda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Enterprises Private Limited is A/7-8 Shakti Indl Premisespiramal Nagar Rsv Road Goregaon West India, Mumbai, Maharashtra, 400062.

  • The corporate identification number (CIN) of Rapid Enterprises Private Limited is U51900MH1997PTC109293 and the company number is 109293 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rapid Enterprises Private Limited is https://www.vinayelectricals.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Rapid Enterprises Private Limited has fallen by -21.73%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Rapid Enterprises Private Limited has experienced an upsurge of 4.91%.

  • The most recent Balance Sheet for Rapid Enterprises Private Limited was filed with the ROC on 31 Mar 2023.