Rapid Solutions (I) Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 15-06-2024
- Paid Up Capital ₹ 1.09 Cr
as on 15-06-2024
- Company Age 12 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.10 Cr
as on 15-06-2024
- Revenue 16.11%
(FY 2023)
- Profit -31.58%
(FY 2023)
- Ebitda -60.68%
(FY 2023)
- Net Worth 22.28%
(FY 2023)
- Total Assets -30.58%
(FY 2023)
About Rapid Solutions (I)
The Company is engaged in the Pharma 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 2.00 Cr and a paid-up capital of Rs 1.09 Cr.
The company currently has active open charges totaling ₹4.10 Cr.
Jain Narendrakumar, Chittibabu Sarathchandran, Siroya Rajeshkumar, and One other member serve as directors at the Company.
- CIN/LLPIN
U74900TN2011PTC083825
- Company No.
083825
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Rapid Solutions (I)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jain Narendrakumar  | Managing Director | 08-May-2015 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chittibabu Sarathchandran | Additional Director | Current | |
| Siroya Rajeshkumar | Director | Current | |
| Subramanian Murali | Whole-Time Director | 11-Oct-2021 | Current |
Financial Performance and Corporate Structure Insights of Rapid Solutions (I).
Rapid Solutions (I) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.11% increase. The company also saw a substantial fall in profitability, with a 31.58% decrease in profit. The company's net worth Soared by an impressive increase of 22.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rapid Solutions (I)?
In 2023, Rapid Solutions (I) had a promoter holding of 78.06% and a public holding of 21.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
29 years 2 months Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Feb 2021 | ₹4.10 Cr | Open |
How Many Employees Work at Rapid Solutions (I)?
Rapid Solutions (I) has a workforce of 4 employees as of Apr 04, 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.
Deals i
As of Mar 31, 2016, Rapid Solutions (I) has raised a total of ₹ 1.08 Cr, with the most recent deal valued at ₹ 0.75 M. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
