Rapid Machining Technologies Pvt Ltd

Manufacturer of precision components for power generation, marine, and automotive industries.

1993 | Kolhapur, Maharashtra (India) | Active
Last Updated: July 02, 2024

Rapid Machining Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.55 Cr
  • Paid Up Capital ₹ 4.49 M
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 K
  • Satisfied Charges ₹ 13.60 Cr
  • Revenue Growth 34.92%
  • Profit Growth 88.09%
  • Ebitda 83.10%
  • Net Worth 48.43%
  • Total Assets -9.45%

About Rapid Machining Technologies

Rapid Machining Technologies Pvt Ltd (RMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 1993 and has a history of 31 years and six months. Its registered office is in Kolhapur, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.55 Cr and a paid-up capital of Rs 4.49 M.

The company currently has active open charges totaling ₹4,000.00. The company has closed loans amounting to ₹13.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Menon, Sharanya Menon, Devika Menon, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    menonindia.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28920MH1993PTC073630

  • Company No.

    073630

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 1993

  • Date of AGM

    30 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Rapid Machining Technologies Pvt Ltd offer?

Rapid Machining Technologies Pvt Ltd offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Industrial Bearings.

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

Board Members (4)

NameDesignationAppointment DateStatus
Sachin Menon Country flag representing In Director 06-Jul-2021Current
Sharanya Menon Country flag representing In Director 06-Jul-2021Current
Devika Menon Country flag representing In Director 05-Aug-2022Current
Ramesh Dixit Country flag representing In Director 06-Jul-2021Current

Financial Performance of Rapid Machining Technologies.

Rapid Machining Technologies Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 34.92% increase. The company also saw a substantial improvement in profitability, with a 88.09% increase in profit. The company's net worth Soared by an impressive increase of 48.43%.

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
34.92%
Revenue from Operations
35.72%
Total Assets
-9.45%
Profit or Loss
88.09%
Net Worth
48.43%
EBITDA
83.10%

What is the Ownership and Shareholding Structure of Rapid Machining Technologies?

In 2023, Rapid Machining Technologies 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

₹0.00 Cr

Satisfied Charges

₹13.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2008Others₹4,000.00Open
17 Jan 2022Idbi Bank Limited₹5.00 CrSatisfied
19 Mar 2008Bank Of Maharashtra₹5.00 CrSatisfied
24 Jan 2007Bank Of Maharashtra₹6.30 MSatisfied
12 Jun 2006Concord Marketing And Financiers Private Limited₹6.50 MSatisfied

How Many Employees Work at Rapid Machining Technologies?

Rapid Machining Technologies has a workforce of 0 employees as of Apr 02, 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 Machining Technologies, 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 Machining Technologies'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 Machining Technologies

Recent activity within the organization

  • Annual General Meeting

    Rapid Machining Technologies Pvt Ltd last Annual general meeting of members was held on 30 Aug 2023 as per latest MCA records.

    30 Aug 2023

  • Charges

    A charge registered on 17 Jan 2022 via Charge ID 100530591 with Idbi Bank Limited was fully satisfied on 08 Jun 2023.

    08 Jun 2023

  • Balance Sheet

    Rapid Machining Technologies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Devika Sachin Menon was appointed as a Director was appointed as a Director on 05 Aug 2022 & has been associated with this company since 2 years 6 months .

    05 Aug 2022

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100530591 was registered on 17 Jan 2022.

    17 Jan 2022

  • Director Appointment

    Sachin Ram Menon was appointed as a Director was appointed as a Director on 06 Jul 2021 & has been associated with this company since 3 years 7 months .

    06 Jul 2021

Frequently asked questions

  • Rapid Machining Technologies Pvt Ltd was incorporated on 25 Aug 1993.

  • The authorized share capital of Rapid Machining Technologies Pvt Ltd is ₹ 1.55 Cr and paid-up capital is ₹ 4.49 M.

  • Currently 4 directors are associated with Rapid Machining Technologies Pvt Ltd.

    • Sachin Ram Menon
    • Sharanya Sachin Menon
    • Devika Sachin Menon
    • Ramesh Dattatraya Dixit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Machining Technologies Pvt Ltd is 182 Midc Taluka Hatkangale Shiroli, Kolhapur, Maharashtra, India, 416122.

  • The corporate identification number (CIN) of Rapid Machining Technologies Pvt Ltd is U28920MH1993PTC073630 and the company number is 073630 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rapid Machining Technologies Pvt Ltd is https://www.menonindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rapid Machining Technologies Pvt Ltd has risen by 34.92%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rapid Machining Technologies Pvt Ltd has experienced an upsurge of 48.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rapid Machining Technologies Pvt Ltd amount to ₹ 4.00 K .

  • The most recent Balance Sheet for Rapid Machining Technologies Pvt Ltd was filed with the ROC on 31 Mar 2023.

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