Rapidloops Logistics Private Limited

Tech-driven logistics company offering road transportation services, load placement, and freight management.

2019 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Rapidloops Logistics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 5.04 M
  • Company Age 6 Year, 3 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.10 Cr
  • Revenue Growth 86.48%
  • Profit Growth -26.17%
  • Ebitda -50.55%
  • Net Worth 2.35%
  • Total Assets 44.03%

About Rapidloops Logistics

Rapidloops Logistics Private Limited (RLPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 31 January 2019 (Six years 3 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Transport And Logistics 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 5.04 M.

The company currently has active open charges totaling ₹5.10 Cr.

Anbazhagan Arun and Vijay Jeyaseelan serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U01100TN2019PTC127219

  • Company No.

    127219

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Transport and Logistics

Who are the key members and board of directors at Rapidloops Logistics?

Board Members (2)

Name Designation Appointment Date Status
Vijay Jeyaseelan Country flag representing In Director 31-Jan-2019 Current
Anbazhagan Arun Country flag representing In Additional Director 01-Mar-2024 Current

Financial Performance of Rapidloops Logistics.

Rapidloops Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.48% increase. The company also saw a substantial fall in profitability, with a 26.17% decrease in profit. The company's net worth moved up by a moderate rise of 2.35%.

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
86.48%
Revenue from Operations
86.06%
Total Assets
44.03%
Profit or Loss
-26.17%
Net Worth
2.35%
EBITDA
-50.55%

What is the Ownership and Shareholding Structure of Rapidloops Logistics?

In 2023, Rapidloops Logistics had a promoter holding of 70.23% and a public holding of 29.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.00 Cr
  • Axis Bank Limited : 0.60 Cr
  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
10 Apr 2024 Hdfc Bank Limited ₹2.00 Cr Open
29 Mar 2024 Hdfc Bank Limited ₹2.00 Cr Open
18 Jan 2024 Others ₹5.00 M Open
05 May 2023 Axis Bank Limited ₹6.00 M Open

How Many Employees Work at Rapidloops Logistics?

Rapidloops Logistics has a workforce of 14 employees as of Mar 22, 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 Rapidloops Logistics, 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 Rapidloops Logistics'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 Rapidloops Logistics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100936931 was registered on 10 Apr 2024.

    10 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100936883 was registered on 29 Mar 2024.

    29 Mar 2024

  • Director Appointment

    Anbazhagan Arun was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2024 & has been associated with this company since 11 months 4 days .

    01 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100871803 was registered on 18 Jan 2024.

    18 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100748002 was registered on 05 May 2023.

    05 May 2023

Frequently asked questions

  • Rapidloops Logistics Private Limited was incorporated on 31 Jan 2019.

  • The authorized share capital of Rapidloops Logistics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 5.04 M.

  • Currently 2 directors are associated with Rapidloops Logistics Private Limited.

    • Anbazhagan Arun
    • Vijay Prakash Jeyaseelan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapidloops Logistics Private Limited is No.19 Thazhamkuppam Main Road Voc Nagar Ennore, India, Chennai, Tamil Nadu, 600057.

  • The corporate identification number (CIN) of Rapidloops Logistics Private Limited is U01100TN2019PTC127219 and the company number is 127219 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rapidloops Logistics Private Limited is https://www.rapidloops.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rapidloops Logistics Private Limited has risen by 86.48%.

  • As Per 2023 financial reports, 14 employees are currently employed by Rapidloops Logistics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rapidloops Logistics Private Limited has experienced an upsurge of 2.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rapidloops Logistics Private Limited amount to ₹ 5.10 Cr.

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

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