Rapidue Technologies Private Limited

IT company providing software development, customization, and internet-based solutions since 2015 in Hyderabad.

2015 | Rangareddy, Telangana (India) | Active
Last Updated:

Rapidue Technologies Profile

Key Indicators

  • Authorised Capital ₹ 26.60 Cr
  • Paid Up Capital ₹ 19.17 Cr
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 100.00 Cr
  • Satisfied Charges ₹ 12.33 Cr
  • Revenue Growth 291.92%
  • Profit Growth -1827.37%
  • Ebitda -1187.46%
  • Net Worth 30.70%
  • Total Assets 49.48%

About Rapidue Technologies

Rapidue Technologies Private Limited (RTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 November 2015 (Nine years and four months 1 days old ). Its registered office is in Rangareddy, Telangana, 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 2024. It's a company limited by shares with an authorized capital of Rs 26.60 Cr and a paid-up capital of Rs 19.17 Cr.

The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹12.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rapidue Technologies Private Limited India are Vijay Vanparthi as Cfo, Abhay Raosaheb as Ceo, and Ishant Baranwal as Company Secretary. Shailesh Haribhakti, Pradyumna Dalmia, Raja Parthasarathy, and Six other members serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TG2015PTC101913

  • Company No.

    101913

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 2015

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Rapidue Technologies Private Limited offer?

Rapidue Technologies Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Computer and Mobile Softwares & Apps, HR Management Software.

Who are the key members and board of directors at Rapidue Technologies?

Executive Team (3)

NameDesignationAppointment DateStatus
Vijay Vanparthi CFO23-Jan-2020Current
Abhay Raosaheb CEO11-Jan-2022Current
Ishant Baranwal Country flag representing In Company Secretary01-Aug-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Shailesh Haribhakti Country flag representing In Director 05-Jul-2023Current
Anirudha Jalan Country flag representing In Whole-Time Director 28-Nov-2019Current
Pradyumna Dalmia Country flag representing In Nominee Director 28-Apr-2021Current
Raja Parthasarathy Country flag representing In Nominee Director 11-Jan-2022Current
Bhasmang Mankodi Country flag representing In Nominee Director 24-Nov-2022Current
Robert Kaplan Country flag representing Sg Nominee Director 24-Nov-2020Current

Financial Performance of Rapidue Technologies.

Rapidue Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 291.92% increase. The company also saw a substantial fall in profitability, with a 1827.37% decrease in profit. The company's net worth Soared by an impressive increase of 30.7%.

Rapidue Technologies revenue growth over time
Rapidue Technologies 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
291.92%
Revenue from Operations
291.21%
Total Assets
49.48%
Profit or Loss
-1827.37%
Net Worth
30.70%
EBITDA
-1187.46%

What is the Ownership and Shareholding Structure of Rapidue Technologies?

In 2023, Rapidue Technologies had a promoter holding of 65.45% and a public holding of 34.55%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 Cr

Satisfied Charges

₹12.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.00 Cr
  • Standard Chartered Bank : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2022Others₹60.00 CrOpen
11 Mar 2022Standard Chartered Bank₹40.00 CrOpen
24 Jun 2021Others₹0.81 MSatisfied
04 Jun 2021Others₹2.50 MSatisfied
17 Mar 2021Others₹12.00 CrSatisfied

How Many Employees Work at Rapidue Technologies?

Rapidue Technologies has a workforce of 258 employees as of Apr 05, 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.

Employee growth trends for Rapidue Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rapidue Technologies, 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 Rapidue Technologies'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 Rapidue Technologies

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Standard Chartered Bank of Rs. 40.00 Cr registered on 11 Mar 2022 with Charge ID 100554281 was modified on 05 Aug 2024.

  • Balance Sheet

    Rapidue Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Shyam Powar was appointed as a Nominee Director was appointed as a Nominee Director on 18 Mar 2024 & has been associated with this company since 1 year 8 days .

  • Charges

    A charge registered on 06 Jan 2021 via Charge ID 100409857 with Others was fully satisfied on 04 Oct 2023.

  • Director Appointment

    Shailesh Vishnubhai Haribhakti was appointed as a Director was appointed as a Director on 05 Jul 2023 & has been associated with this company since 1 year 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Rapidue Technologies Private Limited?

    Rapidue Technologies Private Limited was incorporated on 26 Nov 2015.

  • What is authorized share capital and paid-up capital of Rapidue Technologies Private Limited?

    The authorized share capital of Rapidue Technologies Private Limited is ₹ 26.60 Cr and paid-up capital is ₹ 19.17 Cr.

  • Who are the current board members & directors of Rapidue Technologies Private Limited?

    Currently 12 directors are associated with Rapidue Technologies Private Limited.

    • Shailesh Vishnubhai Haribhakti
    • Pradyumna Dalmia
    • Raja Parthasarathy
    • Anirudha Jalan
    • Bhasmang Vidyutrai Mankodi
    • Robert Ira Kaplan
    • Vijay Kumar Vanparthi
    • Abhay Deshpande Raosaheb
    • Ishant Baranwal
    • Abhishek Deshpande Arvind
    • Abhay Deshpande Raosaheb
    • Shyam Powar

  • What is the registered address of Rapidue Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rapidue Technologies Private Limited is Flat No. 401 Janardhana Plaza Lumbini Enclave Gachibowli, India, Hyderabad, Telangana, 500032.

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

    The corporate identification number (CIN) of Rapidue Technologies Private Limited is U72300TG2015PTC101913 and the company number is 101913 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rapidue Technologies Private Limited?

    The Official website of Rapidue Technologies Private Limited is https://www.rapidue.com

  • What has been the recent revenue trend for Rapidue Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Rapidue Technologies Private Limited has risen by 291.92%.

  • How many employees does Rapidue Technologies Private Limited currently have?

    As Per 2023 financial reports, 258 employees are currently employed by Rapidue Technologies Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Rapidue Technologies Private Limited has experienced an upsurge of 30.70%.

  • What are the total open charges for Rapidue Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rapidue Technologies Private Limited amount to ₹ 100.00 Cr.

  • When was the last Balance Sheet of Rapidue Technologies Private Limited filed with the ROC?

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

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