Rapidradio Solutions Private Limited

Designs, manufactures, and exports RFID devices for various industries, including access control and healthcare.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 16, 2024

Rapidradio Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.90 M
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 19.80%
  • Profit Growth 27.04%
  • Ebitda 34.20%
  • Net Worth 18.29%
  • Total Assets 26.63%

About Rapidradio Solutions

Rapidradio Solutions Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2006 and has a history of 18 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹4.90 M. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Nirav Prakashchandra, Dushyant Chandrahasbhai, Khodabhai Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2006PTC048130

  • Company No.

    048130

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Rapidradio Solutions Private Limited offer?

Rapidradio Solutions Private Limited offers a wide range of products and services, including Electric Circuit Components & Spares, RFID, Biometrics & Access Control Devices, Access Control Reader, Smart Cards, RFID Card, Tags, UHF Tag, UHF RFID Reader, Barcode, Stickers & Luggage Tags.

Who are the key members and board of directors at Rapidradio Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Dhaval Kotecha Country flag representing In Managing Director13-Apr-2006Current

Board Members (4)

NameDesignationAppointment DateStatus
Nirav Prakashchandra Country flag representing In Director 01-Mar-2013Current
Dushyant Chandrahasbhai Country flag representing In Director 16-May-2007Current
Khodabhai Patel Country flag representing Us Director 20-Sep-2008Current
Madhukumar Mehta Country flag representing In Director 20-Sep-2008Current

Financial Performance of Rapidradio Solutions.

Rapidradio Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.8% increase. The company also saw a substantial improvement in profitability, with a 27.04% increase in profit. The company's net worth Soared by an impressive increase of 18.29%.

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
19.80%
Revenue from Operations
20.07%
Total Assets
26.63%
Profit or Loss
27.04%
Net Worth
18.29%
EBITDA
34.20%

What is the Ownership and Shareholding Structure of Rapidradio Solutions?

In 2023, Rapidradio Solutions had a promoter holding of 17.93% and a public holding of 82.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.90 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
09 Feb 2023Hdfc Bank Limited₹4.90 MOpen
10 May 2007Gvfl Trustee Company Private Limited₹5.00 MSatisfied

How Many Employees Work at Rapidradio Solutions?

Rapidradio Solutions has a workforce of 4 employees as of Mar 27, 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 Rapidradio Solutions, 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 Rapidradio Solutions'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 Rapidradio Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Rapidradio Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.90 M with Charge ID 100688663 was registered on 09 Feb 2023.

    09 Feb 2023

  • Charges

    A charge registered on 10 May 2007 via Charge ID 10061020 with Gvfl Trustee Company Private Limited was fully satisfied on 14 Feb 2020.

    14 Feb 2020

  • Director Appointment

    Nirav Karia Prakashchandra was appointed as a Director was appointed as a Director on 01 Mar 2013 & has been associated with this company since 11 years 11 months .

    01 Mar 2013

  • Director Appointment

    Khodabhai Kalidas Patel was appointed as a Director was appointed as a Director on 20 Sep 2008 & has been associated with this company since 16 years 4 months .

    20 Sep 2008

Frequently asked questions

  • Rapidradio Solutions Private Limited was incorporated on 13 Apr 2006.

  • The authorized share capital of Rapidradio Solutions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 5 directors are associated with Rapidradio Solutions Private Limited.

    • Nirav Karia Prakashchandra
    • Dushyant Upadhyay Chandrahasbhai
    • Khodabhai Kalidas Patel
    • Dhaval Hasmukhlal Kotecha
    • Madhukumar Amritlal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rapidradio Solutions Private Limited is B-404Satyamev-IOpp.Gujarat High Court Sarkhej Gandhinagar Highway, Ahmedabad, India.

  • The corporate identification number (CIN) of Rapidradio Solutions Private Limited is U72200GJ2006PTC048130 and the company number is 048130 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rapidradio Solutions Private Limited is https://www.rapidradio.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rapidradio Solutions Private Limited has risen by 19.80%.

  • As Per 2023 financial reports, 4 employees are currently employed by Rapidradio Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rapidradio Solutions Private Limited has experienced an upsurge of 18.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rapidradio Solutions Private Limited amount to ₹ 4.90 M.

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

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