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About Rapid (India) Logistics Private Limited
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Rapid (India) Logistics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 30 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC231681. Its GSTIN is 27AAFCR9093L1ZM (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Jignesh Vinodchandra Panchal and Juli Jignesh Panchal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.03 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹16.95 Lakh (net margin 2.8%) and EBITDA of ₹66.62 Lakh (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 3% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.56 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rapidindialogistics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address7 Joanna House Cabral Estate Cargo Service Road Sahar Andheri (East, ), Mumbai, Maharashtra, India – 400099
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
- One PDF report, delivered after checkout
Business Activity of Rapid (India) Logistics Private Limited
The main business activity of Rapid (India) Logistics is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rapid (India) Logistics Private Limited FY 2024 filings available
Rapid (India) Logistics Private Limited reported revenue of ₹6.03 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rapid (India) Logistics Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 64% 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 of Rapid (India) Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹66.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.95 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 of Rapid (India) Logistics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rapid (India) Logistics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Rapid (India) Logistics Private Limited
Rapid (India) Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Vinodchandra Panchal | Director | 30 May 2012 | 14 Years 4 Months | Current |
| Juli Jignesh Panchal | Director | 30 May 2012 | 14 Years 4 Months | Current |
Peer Comparison of Rapid (India) Logistics Private Limited
Rapid (India) Logistics Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K. Shipping Solutions Private Limited | ₹6.05 Cr (FY 2023) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Asgo Logistics Private Limited | ₹6.05 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Gurgaon, Haryana, India |
| M.D. Logistics Private Limited | ₹6.04 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Shakuntlam Logistics Private Limited | ₹6.04 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| United Seair Private Limited | ₹6.04 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Delhi, India |
| Rapid (India) Logistics Private Limited this company | ₹6.03 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Safeshift Logistics Private Limited | ₹6.03 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Jamshedpur, Jharkhand, India |
| Kulswamini Logistics and Assembly Services Private Limited | ₹6.03 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Aurangabad, Maharashtra, India |
| Veena Trans Solutions India Private Limited | ₹6.03 Cr (FY 2017) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Marine Chariot Private Limited | ₹6.03 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Ahmedabad, Gujarat, India |
| Relay Logistics Private Limited | ₹6.02 Cr (FY 2025) | •••• | •••• | 177.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Rapid (India) Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rapid (India) Logistics Private Limited
Rapid (India) Logistics Private Limited is audited by Bharuka & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bharuka & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Rapid (India) Logistics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rapid (India) Logistics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2024 | Others | ₹1.25 Cr | Open |
| 30 Jul 2024 | Others | ₹1.56 Cr | Open |
| 10 Nov 2023 | Canara Bank | ₹1.5 Cr | Open |
| 18 Nov 2021 | Hdfc Bank Limited | ₹14.32 Lakh | Open |
| 15 Mar 2021 | Others | ₹10.7 Lakh | Open |
Total charge records: 5 View all charges
MSME Payment Delays by Rapid (India) Logistics Private Limited
Rapid (India) Logistics Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 32 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jet Freight Logistics Limited | •••• | •••• | •••• |
| Fame Global Logistics Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Rapid (India) Logistics Private Limited
Rapid (India) Logistics Private Limited has a workforce of 7 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rapid (India) Logistics Private Limited
Rapid (India) Logistics Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Jignesh Vinodchandra Panchal was appointed as Director on 30 May 2012.
Credit Ratings, Litigation & Regulatory Alerts for Rapid (India) Logistics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rapid (India) Logistics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rapid (India) Logistics Private Limited
Rapid (India) Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR9093L1ZM | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rapid (India) Logistics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rapid (India) Logistics Private Limited
Rapid (India) Logistics is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 30 May 2012 (14+ years old) and is registered under CIN U74120MH2012PTC231681.
Rapid (India) Logistics reported revenue of ₹6.03 Cr for FY 2025 (up 2% YoY).
Rapid (India) Logistics has 2 current directors:
- Jignesh Vinodchandra Panchal - Director
- Juli Jignesh Panchal - Director
Rapid (India) Logistics reported a net profit of ₹16.95 Lakh (net margin 2.8%) and EBITDA of ₹66.62 Lakh (EBITDA margin 11%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rapid (India) Logistics is 24% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rapid (India) Logistics is 27AAFCR9093L1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rapid (India) Logistics is U74120MH2012PTC231681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid (India) Logistics was incorporated on 30 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rapid (India) Logistics by revenue are K. Shipping Solutions Private Limited, Asgo Logistics Private Limited, M.D. Logistics Private Limited, Shakuntlam Logistics Private Limited, United Seair Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Jignesh Vinodchandra Panchal was appointed as Director on 30 May 2012. Juli Jignesh Panchal was appointed as Director on 30 May 2012.
Rapid (India) Logistics has 6 MSME Form 1 returns on record between 2019 and 2021, listing 32 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Oct 2021.
Rapid (India) Logistics can be reached through the website rapidindialogistics.com. Its registered office is in Mumbai, Maharashtra, India.