Rapid Transpay Private Limited

Provides technology solutions for modernizing urban transport, including automatic fare collection and tracking systems.

2010 | Delhi (India) | Active
Last Updated:

Rapid Transpay Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.85 Cr
  • Company Age 15 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.68 Cr
  • Satisfied Charges ₹ 16.80 Cr
  • Revenue Growth -48.72%
  • Profit Growth 40.99%
  • Ebitda 37.58%
  • Net Worth -79.47%
  • Total Assets -60.12%

About Rapid Transpay

Rapid Transpay Private Limited (RTPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2010 and has a history of 15 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Transpay Solutions Private Limited. The Company is engaged in the Information Technology 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 4.00 Cr and a paid-up capital of Rs 3.85 Cr.

The company currently has active open charges totaling ₹2.68 Cr. The company has closed loans amounting to ₹16.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Anand, Chander Parasar, and Rambharose Sharma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300DL2010PTC200340

  • Company No.

    200340

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2010

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Rapid Transpay Private Limited offer?

Rapid Transpay Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Call Centre & Customer Care Services, Call Centers, Transportation Services, Payment Processing Service, Online Payment Solution, BPO Services, Business Support Service, Automobile Repairing and Maintenance.

Company report

Rapid Transpay Private Limited

Explore comprehensive data for Rapid Transpay Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Vivek Anand Country flag representing In Director 03-Dec-2018Current
Chander Parasar Country flag representing In Director 01-Aug-2024Current
Rambharose Sharma Country flag representing In Additional Director 01-Oct-2024Current

Financial Performance of Rapid Transpay.

Rapid Transpay Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.72% decrease. The company also saw a substantial improvement in profitability, with a 40.99% increase in profit. The company's net worth observed a substantial decline by a decrease of 79.47%.

Rapid Transpay revenue growth over time
Rapid Transpay 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
-48.72%
Revenue from Operations
-57.37%
Total Assets
-60.12%
Profit or Loss
40.99%
Net Worth
-79.47%
EBITDA
37.58%

What is the Ownership and Shareholding Structure of Rapid Transpay?

In 2019, Rapid Transpay 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

₹2.68 Cr

Satisfied Charges

₹16.80 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 2.68 Cr

Latest Charge Details

DateLenderAmountStatus
10 Sep 2015Central Bank Of India₹2.68 CrOpen
10 Sep 2017Hdfc Bank Limited₹8.80 CrSatisfied
16 Apr 2016Others₹8.00 CrSatisfied

How Many Employees Work at Rapid Transpay?

Unlock and access historical data on people associated with Rapid Transpay, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Rapid Transpay Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapid Transpay, 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 Transpay'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 Transpay

Recent activity within the organization

  • Director Appointment

    Rambharose Sharma was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2024 & has been associated with this company since 5 months 19 days .

  • Annual General Meeting

    Rapid Transpay Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Director Appointment

    Chander Bhan Parasar was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 7 months 19 days .

  • Balance Sheet

    Rapid Transpay Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 10 Sep 2017 via Charge ID 100123715 with Hdfc Bank Limited was fully satisfied on 01 Jan 2020.

  • Director Appointment

    Vivek Anand was appointed as a Director was appointed as a Director on 03 Dec 2018 & has been associated with this company since 6 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Rapid Transpay Private Limited?

    Rapid Transpay Private Limited was incorporated on 17 Mar 2010.

  • What is authorized share capital and paid-up capital of Rapid Transpay Private Limited?

    The authorized share capital of Rapid Transpay Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.85 Cr.

  • Who are the current board members & directors of Rapid Transpay Private Limited?

    Currently 3 directors are associated with Rapid Transpay Private Limited.

    • Vivek Anand
    • Chander Bhan Parasar
    • Rambharose Sharma

  • What is the registered address of Rapid Transpay Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapid Transpay Private Limited is Farm House Opp V Vill Kapashera India, New Delhi, 110061.

  • What is the corporate identification number (CIN) and company number of Rapid Transpay Private Limited?

    The corporate identification number (CIN) of Rapid Transpay Private Limited is U72300DL2010PTC200340 and the company number is 200340 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rapid Transpay Private Limited?

    The Official website of Rapid Transpay Private Limited is https://www.tpay.in

  • What has been the recent revenue trend for Rapid Transpay Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Rapid Transpay Private Limited has fallen by -48.72%.

  • What change has been observed in the net worth of Rapid Transpay Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Rapid Transpay Private Limited has experienced an downturn of -79.47%.

  • What are the total open charges for Rapid Transpay Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Rapid Transpay Private Limited amount to ₹ 2.68 Cr.

  • When was the last Balance Sheet of Rapid Transpay Private Limited filed with the ROC?

    The most recent Balance Sheet for Rapid Transpay Private Limited was filed with the ROC on 31 Mar 2024.

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