Rapid Power Logistics Private Limited
About Rapid Power Logistics Private Limited
Data last updated:
Rapid Power Logistics Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 27 April 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2011PTC065157. Its GSTIN is 09AAFCR2519B1ZO (Uttar Pradesh). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mandan Awadesh Mishra and Anita Mandan Mishra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 110 Infinity Tower Nr. Ramada Hotel Corporate Road Prahaladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.28 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Lakh (net margin 1.5%) and EBITDA of ₹2.68 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Company details
Contact details
Rapid Power Logistics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 110 Infinity Tower Nr. Ramada Hotel Corporate Road Prahaladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Rapid Power Logistics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Rapid Power Logistics is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Rapid Power Logistics Private Limited, buy the company report.
Financials of Rapid Power Logistics Private Limited
FY 2018 filings availableRapid Power Logistics Private Limited reported revenue of ₹1.28 Cr (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 70% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.28 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.87 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.1% | |||
| Net Profit Margin | 1.5% | |||
| 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 Power Logistics Private Limited, buy the company report.
Board of directors of Rapid Power Logistics Private Limited
Rapid Power Logistics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandan Awadesh Mishra | Director | 27 Apr 2011 | 15 Years 6 Months | As last reported |
| Anita Mandan Mishra | Director | 27 Apr 2011 | 15 Years 6 Months | As last reported |
| Nitesh Sharma Also directs: Cemindia Projects Limited | Director | 17 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Rapid Power Logistics Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Overnight Logistics India Private Limited | ₹1.28 Cr (FY 2024) | -28.0% | New Delhi, Delhi, India | |||
| Rapid Power Logistics Private Limitedthis company | ₹1.28 Cr (FY 2018) | ₹1.87 Lakh | 1.5% | -58.0% | Ahmedabad, Gujarat, India | |
| Mik International Cargo Private Limited | ₹1.28 Cr (FY 2025) | 9.0% | Murshidabad, West Bengal, India | |||
| Sai Cargo Freight Forwarders Private Limited | ₹1.28 Cr (FY 2025) | 56.0% | Delhi, India |
To see the full peer comparison of Rapid Power Logistics Private Limited, buy the company report.
Auditor
Rapid Power Logistics Private Limited is audited by KHERADA & COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHERADA & COMPANY | FY 2018 | 128268W |
Shareholding
The shareholding of Rapid Power Logistics Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rapid Power Logistics Private Limited, buy the company report.
Legal cases
Rapid Power Logistics Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S New Eagle Transport Company | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S New Eagle Transport Company Through Its Proprietor SH. Ashok Kumar Thakur | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S New Eagle Transport Company | Disposed |
To see the full case history of Rapid Power Logistics 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 Power Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rapid Power Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCR2519B1ZO | Uttar Pradesh | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of Rapid Power Logistics Private Limited, buy the company report.
Recent activity
Rapid Power Logistics Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Nitesh Sharma was appointed as Director on 17 Aug 2015.
Frequently asked questions
Rapid Power Logistics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Rapid Power Logistics was a private limited company based in Ahmedabad, Gujarat, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 27 April 2011 and is registered under CIN U63090GJ2011PTC065157. The company has been struck off by the Registrar of Companies and is no longer operational.
Rapid Power Logistics had 3 directors:
- Mandan Awadesh Mishra - Director
- Anita Mandan Mishra - Director
- Nitesh Sharma - Director
The CIN (Corporate Identification Number) of Rapid Power Logistics is U63090GJ2011PTC065157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rapid Power Logistics is at A – 110 Infinity Tower Nr. Ramada Hotel Corporate Road Prahaladnagar, Ahmedabad, Gujarat, India – 380015.
Rapid Power Logistics was incorporated on 27 April 2011. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Rapid Power Logistics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Rapid Power Logistics is 09AAFCR2519B1ZO, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Rapid Power Logistics operated in the transport and logistics industry, in the integrated and diversified logistics services segment. It worked in this industry before it was struck off.
The peers of Rapid Power Logistics by revenue are Overnight Logistics India Private Limited, Mik International Cargo Private Limited, Sai Cargo Freight Forwarders Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (land transport via road).
Rapid Power Logistics has 3 court cases on record: 3 filed against it. 2 are pending.