Rapid Loans Private Limited
About Rapid Loans Private Limited
Data last updated:
Rapid Loans Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2017PTC098878. Its GSTIN is 24AAICR4945C1ZH (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.64 Cr. It is led by directors Mahesh Tolaram Ahuja and Hemendrasinh Dilipsinh Solanki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Raja Complex Nr.Vijay Char Rasta Naranpuragam, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.13 Cr. For the same year it recorded a net loss of ₹2.65 Cr (net margin -37.2%) and EBITDA of -₹2.74 Cr (EBITDA margin -38.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Rapid Loans Private Limited
Rapid Loans has one previous CIN (Corporate Identification Number): U65999GJ2017PTC098878. The current CIN is U74110GJ2017PTC098878, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2017PTC098878 | Current |
| U65999GJ2017PTC098878 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRaja Complex Nr.Vijay Char Rasta Naranpuragam, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Diversified Financial 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 Loans Private Limited
The main business activity of Rapid Loans is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Loans Private Limited FY 2025 filings available
Rapid Loans Private Limited reported revenue of ₹7.13 Cr for FY 2025.
Financial Statement Summary of Rapid Loans 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 | -₹2.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.65 Cr | •••• | •••• | •••• | •••• |
| 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 Loans Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -38.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -37.2% | •••• | •••• | •••• | •••• |
| 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 Loans are in the company report.
Financial statements from FY 2018
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 Loans Private Limited
Rapid Loans has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Tolaram Ahuja Also directs: Modern's Milk & Agro Products (I) Private Limited, Money2abroad Private Limited, Study Circle Hub Private Limited and 2 more | Director | 30 Aug 2017 | 9 Years 1 Months | Current |
| Hemendrasinh Dilipsinh Solanki Also directs: Modern's Milk & Agro Products (I) Private Limited, Money2abroad Private Limited, Study Circle Hub Private Limited and 5 more | Director | 30 Aug 2017 | 9 Years 1 Months | Current |
Peer Comparison of Rapid Loans Private Limited
Rapid Loans Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meenakshi Cerebrum Properties Limited | ₹7.15 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Ganesh Stockinvest Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Gurgaon, Haryana, India |
| Saibala BPO Solutions Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Palbro Trading and Investment Private Limited | ₹7.14 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Bhavah Enterprise Private Limited | ₹7.13 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Kolkata, West Bengal, India |
| Rapid Loans Private Limited this company | ₹7.13 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Mariners Forex Private Limited | ₹7.12 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chandigarh, India |
| Mayapur Distributors Private Limited | ₹7.12 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Ravi Auto Ltd | ₹7.11 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Kolkata, West Bengal, India |
| Quantizer Research Private Limited | ₹7.11 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | New Delhi, Delhi, India |
| Art Business & Consumer Finance (India) Private Limited | ₹7.1 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Rapid Loans by revenue in the BFSI industry (Other Financial Services), 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 Loans Private Limited
Rapid Loans Private Limited is audited by JPPS and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JPPS and 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 Loans 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 Loans Private Limited
Rapid Loans Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rapid Loans Private Limited
Employment history and EPFO contributions of people linked to Rapid Loans.
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 Loans Private Limited
Rapid Loans Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Hemendrasinh Dilipsinh Solanki was appointed as Director on 30 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Rapid Loans 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.
MSME Payment Delays by Rapid Loans Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rapid Loans 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 Loans Private Limited
Rapid Loans has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICR4945C1ZH | Gujarat | Active | 21 Aug 2024 |
| 29AAICR4945C1Z7 | Karnataka | Active | 03 Dec 2024 |
| 32AAICR4945C1ZK | Kerala | Active | 13 Dec 2024 |
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 Loans 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 Loans Private Limited
Rapid Loans is an active private limited company based in Ahmedabad, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 August 2017 (9+ years old) and is registered under CIN U74110GJ2017PTC098878.
Rapid Loans reported revenue of ₹7.13 Cr for FY 2025.
Rapid Loans has 2 current directors:
- Mahesh Tolaram Ahuja - Director
- Hemendrasinh Dilipsinh Solanki - Director
Rapid Loans reported a net loss of ₹2.65 Cr (net margin -37.2%) and EBITDA of -₹2.74 Cr (EBITDA margin -38.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Rapid Loans is 24AAICR4945C1ZH, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAICR4945C1Z7 (Karnataka), 32AAICR4945C1ZK (Kerala).
The CIN (Corporate Identification Number) of Rapid Loans is U74110GJ2017PTC098878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid Loans was incorporated on 30 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rapid Loans by revenue are Meenakshi Cerebrum Properties Limited, Ganesh Stockinvest Private Limited, Saibala BPO Solutions Private Limited, Palbro Trading and Investment Private Limited, Bhavah Enterprise Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Hemendrasinh Dilipsinh Solanki was appointed as Director on 30 Aug 2017. Mahesh Tolaram Ahuja was appointed as Director on 30 Aug 2017.
The registered office of Rapid Loans is at Raja Complex Nr.Vijay Char Rasta Naranpuragam, Ahmedabad, Gujarat, India – 380009.
Rapid Loans has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.64 Cr.