Rapid Machining Technologies Pvt Ltd

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

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

Rapid Machining Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.55 Cr
  • Paid Up Capital ₹ 4.49 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 seven 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 2024. 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, Ramesh Dixit, Sharanya Menon, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    10 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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
Ramesh Dixit 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

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%.

Rapid Machining Technologies revenue growth over time
Rapid Machining Technologies 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.

Employee growth trends for Rapid Machining Technologies Pvt Ltd

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 10 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Rapid Machining Technologies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 17 Jan 2022 via Charge ID 100530591 with Idbi Bank Limited was fully satisfied on 08 Jun 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 7 months .

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100530591 was registered on 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 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Rapid Machining Technologies Pvt Ltd?

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

  • What is authorized share capital and paid-up capital of Rapid Machining Technologies Pvt Ltd?

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

  • Who are the current board members & directors of Rapid Machining Technologies Pvt Ltd?

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

    • Sachin Ram Menon
    • Ramesh Dattatraya Dixit
    • Sharanya Sachin Menon
    • Devika Sachin Menon
  • What is the registered address of Rapid Machining Technologies Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Machining Technologies Pvt Ltd is 182 Midc Taluka Hatkangale Shiroli India, Kolhapur, Maharashtra, 416122.

  • What is the corporate identification number (CIN) and company number of Rapid Machining Technologies Pvt Ltd?

    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).

  • What is the official website of Rapid Machining Technologies Pvt Ltd?

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

  • What has been the recent revenue trend for Rapid Machining Technologies Pvt Ltd?

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

  • What change has been observed in the net worth of Rapid Machining Technologies Pvt Ltd, and by what percentage?

    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%.

  • What are the total open charges for Rapid Machining Technologies Pvt Ltd?

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

  • When was the last Balance Sheet of Rapid Machining Technologies Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Rapid Machining Technologies Pvt Ltd was filed with the ROC on 31 Mar 2024.

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