MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0197734
Rapid Cabs India Private Limited - transport and logistics in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.44 Cr
▲ 218% YoY
Net profit · FY 2023
₹12.88 Lakh
Net margin 3.7%
EBITDA · FY 2023
₹52.03 Lakh
EBITDA margin 15.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.47 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
3
Provident fund records
About Rapid Cabs India Private Limited
Data last updated:
Rapid Cabs India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 06 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U63000DL2015PTC278778. Its GSTIN is 29AAHCR2836D2ZB (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jein Rajan and Asma Rahmani.
Its last annual general meeting (AGM) was held on 30 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7B/672 First Floor Govindpuri, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.44 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.88 Lakh (net margin 3.7%) and EBITDA of ₹52.03 Lakh (EBITDA margin 15.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.47 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Rapid Cabs India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0197734). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rapidcabs.org.
Company details
CIN U63000DL2015PTC278778
Registration Number 278778
Incorporation Date 06 April 2015
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0197734
Key People
Jein Rajan Director Asma Rahmani Director Recognitions & Rankings of Rapid Cabs India
Contact details
Rapid Cabs India Private Limited's registered office is in New Delhi, Delhi. Its website is rapidcabs.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7B/672 First Floor Govindpuri, New Delhi, Delhi, India – 110019
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Rapid Cabs India Private Limited, buy the company report.
Comprehensive company report
Rapid Cabs India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rapid Cabs India is support service to organizations. In detail, this covers travel agency and tour operators.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators |
To see the full business activity and turnover split of Rapid Cabs India Private Limited, buy the company report.
Financials of Rapid Cabs India Private Limited
FY 2023 filings availableRapid Cabs India Private Limited reported revenue of ₹3.44 Cr (up 218% YoY) for FY 2023.
Revenue · FY 2023
₹3.44 Cr ▲ 218%
Net profit · FY 2023
₹12.88 Lakh margin 3.7%
EBITDA · FY 2023
₹52.03 Lakh margin 15.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 218%
3 years · compounded
▼ 19%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 6%
5 years · compounded
▼ 2%
Revenue rose 218% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA fell 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rapid Cabs India Private Limited, buy the company report.
Board of directors of Rapid Cabs India Private Limited
Rapid Cabs India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jein Rajan | Director | 17 Jun 2015 | 11 Years 4 Months | Current |
| Asma Rahmani | Director | 06 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Rapid Cabs India Private Limited is audited by SUJIT KUMAR SINHA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUJIT KUMAR SINHA | FY 2023 | 533023 |
Shareholding
The shareholding of Rapid Cabs India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rapid Cabs India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2022 | 100606764 | Tamilnad Mercantile Bank Limited | ₹21.8 Lakh | Open | |
| 16 Mar 2020 | 100339580 | Tamilnad Mercantile Bank Limited | ₹11 Lakh | Open | |
| 06 Dec 2019 | 100312985 | Tamilnad Mercantile Bank Limited | ₹1.1 Cr | Open | |
| 13 Oct 2017 | 100202474 | Others | ₹4.5 Lakh | Open |
To see the full charge records of Rapid Cabs India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Rapid Cabs India Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Ltd. | Pending |
| High Court, West Bengal | Court case (EC) | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Rapid Cabs India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rapid Cabs India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rapid Cabs India Private Limited has a workforce of 3 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
50%
GST
Rapid Cabs India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR2836D2ZB | Karnataka | Active | 17 Nov 2021 |
To see the full GST registrations and return filing status of Rapid Cabs India Private Limited, buy the company report.
Recent activity
Rapid Cabs India Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Chowdareddy Anitha ceased to be Director on 03 Sep 2024.
Ceased
Chowdareddy Anitha ceased to be Director.
AGM
Rapid Cabs India Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.
Filing
Rapid Cabs India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 21.80 Lakh with Charge ID 100606764 was registered on 17 Sep 2022.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 11.00 Lakh with Charge ID 100339580 was registered on 16 Mar 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 110.00 Lakh registered on 06 Dec 2019 with Charge ID 100312985 was modified on 16 Mar 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 110.00 Lakh with Charge ID 100312985 was registered on 06 Dec 2019.
Charges
A charge with Others amounted to Rs. 4.50 Lakh with Charge ID 100202474 was registered on 13 Oct 2017.
Ceased
Syed Siddhiq ceased to be Director.
Ceased
Kanchan Devi ceased to be Director.
Appointed
Jein Rajan was appointed as Director.
Appointed
Asma Rahmani was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Rapid Cabs India is an active private limited company based in New Delhi, Delhi, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 06 April 2015 (11+ years old) and is registered under CIN U63000DL2015PTC278778.
Rapid Cabs India has 2 current directors:
- Jein Rajan - Director
- Asma Rahmani - Director
The latest financial statements of Rapid Cabs India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 November 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Rapid Cabs India is 29AAHCR2836D2ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rapid Cabs India is U63000DL2015PTC278778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid Cabs India has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Rapid Cabs India was incorporated on 06 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Chowdareddy Anitha ceased to be Director on 03 Sep 2024. Syed Siddhiq ceased to be Director on 06 Mar 2017. Kanchan Devi ceased to be Director on 22 Jun 2015. Rapid Cabs India has 5 board changes on record in total.
Yes, Rapid Cabs India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0197734).
Rapid Cabs India can be reached through the website rapidcabs.org. Its registered office is in New Delhi, Delhi, India.