Rapido Payments Private Limited

Payment and settlement services for individuals, groups, and organizations through various methods.

2016 | 24 Parganas, West Bengal (India) | Active
Last Updated: December 05, 2024

Rapido Payments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -52.61%
  • Profit Growth -48.87%
  • Ebitda -48.87%
  • Net Worth 15.76%
  • Total Assets -19.19%

About Rapido Payments

Rapido Payments Private Limited (RPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 27 May 2016 (Eight years and eight months 7 days old ). Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kishore Gupta and Nandini Nanjundaswamy serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999WB2016PTC215959

  • Company No.

    215959

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2016

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Rapido Payments?

Board Members (2)

Name Designation Appointment Date Status
Kishore Gupta Country flag representing In Director 27-May-2016 Current
Nandini Nanjundaswamy Country flag representing In Director 27-May-2016 Current

Financial Performance of Rapido Payments.

Rapido Payments Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 52.61% decrease. The company also saw a substantial fall in profitability, with a 48.87% decrease in profit. The company's net worth Soared by an impressive increase of 15.76%.

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
-52.61%
Revenue from Operations
-52.61%
Total Assets
-19.19%
Profit or Loss
-48.87%
Net Worth
15.76%
EBITDA
-48.87%

What is the Ownership and Shareholding Structure of Rapido Payments?

In 2020, Rapido Payments 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Rapido Payments?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapido Payments, 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 Rapido Payments'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 Rapido Payments

Recent activity within the organization

  • Annual General Meeting

    Rapido Payments Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Rapido Payments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata.

    31 Mar 2021

  • Director Appointment

    Kishore Kumar Gupta was appointed as a Director was appointed as a Director on 27 May 2016 & has been associated with this company since 8 years 8 months .

    27 May 2016

  • Director Appointment

    Nandini Bhradhaj Nanjundaswamy was appointed as a Director was appointed as a Director on 27 May 2016 & has been associated with this company since 8 years 8 months .

    27 May 2016

  • Company Incorporation

    Rapido Payments Private Limited was registered on 27 May 2016 with Roc Kolkata & aged 8 years 8 months as per MCA records.

    27 May 2016

Frequently asked questions

  • Rapido Payments Private Limited was incorporated on 27 May 2016.

  • The authorized share capital of Rapido Payments Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Rapido Payments Private Limited.

    • Kishore Kumar Gupta
    • Nandini Bhradhaj Nanjundaswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapido Payments Private Limited is Ecospace Esnt - 3A0501 Block 3A 5Th Floor, Plot No. Iif/11 India, Kolkata, West Bengal, 700160.

  • The corporate identification number (CIN) of Rapido Payments Private Limited is U74999WB2016PTC215959 and the company number is 215959 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rapido Payments Private Limited is https://www.rapidopayments.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Rapido Payments Private Limited has fallen by -52.61%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Rapido Payments Private Limited has experienced an upsurge of 15.76%.

  • The most recent Balance Sheet for Rapido Payments Private Limited was filed with the ROC on 31 Mar 2021.