About Rapid Raise India Private Limited
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Rapid Raise India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 01 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15549TG2017PTC120364. Its GSTIN is 36AAICR5993C1Z2 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Chandrasekhar Meduri and Rajya Lakshmi Sirasanagandla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No. 209 B Block Environ Towers Mamata Nagar Nagole, Hyderabad, Telangana, India – 500068.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26,549 (net margin 1.6%) and EBITDA of ₹71,713 (EBITDA margin 4.3%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rapidraisegroup.com.
Company details
Contact details
Rapid Raise India Private Limited's registered office is in Hyderabad, Telangana. Its website is rapidraisegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 209 B Block Environ Towers Mamata Nagar Nagole, Hyderabad, Telangana, India – 500068
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Rapid Raise India 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 Raise India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rapid Raise India Private Limited, buy the company report.
Financials of Rapid Raise India Private Limited
FY 2019 filings availableRapid Raise India Private Limited reported revenue of ₹16.71 Lakh (up 333% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 333% in the latest year. EBITDA rose 204% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹16.71 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹71,713 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹26,549 | |
| 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 | ||
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| Total Assets | ||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.3% | |
| Net Profit Margin | 1.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
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| Receivable Days | ||
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| Revenue Growth | ||
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To see the full financial statements and ratios of Rapid Raise India Private Limited, buy the company report.
Board of directors of Rapid Raise India Private Limited
Rapid Raise India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekhar Meduri | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Rajya Lakshmi Sirasanagandla | Director | 01 Nov 2017 | 8 Years 11 Months | Current |
| Saikrishna Durgam Also directs: Teof Trueengineers Olympiads Foundation | Director | 01 Nov 2017 | 8 Years 11 Months | Current |
| Saibaba Durgam | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Rapid Raise India Private Limited is audited by D SAI PRASAD & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D SAI PRASAD & ASSOCIATES | FY 2019 | 018131S |
Shareholding
The shareholding of Rapid Raise India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rapid Raise India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rapid Raise India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rapid Raise India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rapid Raise India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICR5993C1Z2 | Telangana | Active | 27 Dec 2017 |
| 37AAICR5993C1Z0 | Andhra Pradesh | Active | 26 Apr 2020 |
To see the full GST registrations and return filing status of Rapid Raise India Private Limited, buy the company report.
Recent activity
Rapid Raise India Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Chandrasekhar Meduri was appointed as Director on 26 Oct 2020.
Frequently asked questions
Rapid Raise India is an active private limited company based in Hyderabad, Telangana, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 01 November 2017 (9+ years old) and is registered under CIN U15549TG2017PTC120364.
Rapid Raise India has 4 current directors:
- Chandrasekhar Meduri - Director
- Rajya Lakshmi Sirasanagandla - Director
- Saikrishna Durgam - Director
- Saibaba Durgam - Director
The latest financial statements of Rapid Raise India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Rapid Raise India is 36AAICR5993C1Z2, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAICR5993C1Z0 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Rapid Raise India is U15549TG2017PTC120364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid Raise India was incorporated on 01 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chandrasekhar Meduri was appointed as Director on 26 Oct 2020. Saibaba Durgam was appointed as Director on 26 Oct 2020. Rajya Lakshmi Sirasanagandla was appointed as Director on 01 Nov 2017. Rapid Raise India has 4 board changes on record in total.
Rapid Raise India can be reached through the website rapidraisegroup.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Rapid Raise India is at Flat No. 209 B Block Environ Towers Mamata Nagar Nagole, Hyderabad, Telangana, India – 500068.
Rapid Raise India operates in the food and beverages industry, in the food and beverage retail and distribution segment.