MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0012418
Rapid Transpay Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.68 Lakh
▲ 68% YoY
Net loss · FY 2024
₹80.3 Lakh
Net margin -481.4%
EBITDA · FY 2024
-₹26.17 Lakh
EBITDA margin -156.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.85 Cr
Issued & subscribed
Open charges
₹2.68 Cr
Satisfied ₹16.8 Cr
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings
About Rapid Transpay Private Limited
Data last updated:
Rapid Transpay Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2010PTC200340. Its GSTIN is 27AAOCS0890F2Z1 (Maharashtra). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.85 Cr. It was formerly known as Transpay Solutions Private Limited and Sv Transpay Solutions Private Limited. It is led by directors including Chander Bhan Parasar and Vivek Anand.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Farm House Opp V Vill Kapashera, New Delhi, Delhi, India – 110061.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.68 Lakh, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹80.3 Lakh (net margin -481.4%) and EBITDA of -₹26.17 Lakh (EBITDA margin -156.9%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 56% over five years.
The company is associated with 1 brand: Rapid Transpay. As per MCA filings, the company has open charges of ₹2.68 Cr and satisfied charges of ₹16.8 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 5 cases are pending.
Rapid Transpay Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0012418). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tpay.in.
Company details
CIN U72300DL2010PTC200340
Registration Number 200340
Incorporation Date 17 March 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0012418
Name history
Rapid Transpay has undergone 2 name changes throughout its history. The company was previously known as Transpay Solutions Private Limited, and Sv Transpay Solutions Private Limited. The current legal name is Rapid Transpay Private Limited.
| Company Name | Status |
|---|---|
| Rapid Transpay Private Limited | Current |
| Transpay Solutions Private Limited | Previous |
| Sv Transpay Solutions Private Limited | Previous |
Recognitions & Rankings of Rapid Transpay
Contact details
Rapid Transpay Private Limited's registered office is in New Delhi, Delhi. Its website is tpay.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFarm House Opp V Vill Kapashera, New Delhi, Delhi, India – 110061
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Rapid Transpay Private Limited, buy the company report.
Comprehensive company report
Rapid Transpay 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
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Brands
Rapid Transpay operates one associated brand: Rapid Transpay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers software development and IT consulting services. | tpay.in |
Business activity
The main business activity of Rapid Transpay is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
Financials of Rapid Transpay Private Limited
FY 2025 filings availableRapid Transpay Private Limited reported revenue of ₹16.68 Lakh (up 68% YoY) for FY 2024.
Revenue · FY 2024
₹16.68 Lakh ▲ 68%
Net loss · FY 2024
₹80.3 Lakh margin -481.4%
EBITDA · FY 2024
-₹26.17 Lakh margin -156.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▼ 58%
5 years · compounded
▼ 56%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 30%
5 years · compounded
▼ 16%
Revenue rose 68% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 56%. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.68 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹26.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹80.3 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -156.9% | ||||
| Net Profit Margin | -481.4% | ||||
| 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 Transpay Private Limited, buy the company report.
Board of directors of Rapid Transpay Private Limited
Rapid Transpay has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chander Bhan Parasar Also directs: Tradeon Technologies LLP, Natures Organic Products (Sariska) Private Limited, Moonstar Tracon Pvt Ltd and 5 more | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Vivek Anand | Director | 03 Dec 2018 | 7 Years 10 Months | Current |
| Rambharose Sharma Also directs: Rajdarbar Overseas Squire Private Limited, Vertical Vyapaar Private Limited, Nageshwar Investment Ltd and 5 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Rapid Transpay Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jag Fininvest Limited | ₹16.83 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Oxley Financial Services Private Limited | ₹16.75 Lakh (FY 2025) | -36.0% | Thane, Maharashtra, India | |||
| Indurekha Enterprises Private Limited | ₹16.74 Lakh (FY 2025) | 10.0% | Thane, Maharashtra, India | |||
| DNK Securities Private Limited | ₹16.71 Lakh (FY 2025) | -84.0% | New Delhi, Delhi, India | |||
| Bliss Life Financial Services Imf Private Limited | ₹16.71 Lakh (FY 2025) | 32.0% | Pune, Maharashtra, India | |||
| Rapid Transpay Private Limitedthis company | ₹16.68 Lakh (FY 2024) | -₹80.3 Lakh | -481.4% | 68.0% | New Delhi, Delhi, India | |
| Vighanharta Consultancy Private Limited | ₹16.67 Lakh (FY 2025) | 26.0% | Delhi, India | |||
| Excellent Investment Services Private Limited | ₹16.66 Lakh (FY 2024) | -4.0% | New Delhi, Delhi, India | |||
| Pragash Universal Private Limited | ₹16.66 Lakh (FY 2025) | 39.0% | Navi-Mumbai, Maharashtra, India | |||
| Global Solutions (India) Private Limited | ₹16.64 Lakh (FY 2025) | 181.0% | Bangalore, Karnataka, India | |||
| Mudalagi Chits Private Limited | ₹16.61 Lakh (FY 2024) | -9.0% | Gokak, Karnataka, India |
To see the full peer comparison of Rapid Transpay Private Limited, buy the company report.
Auditor
Rapid Transpay Private Limited is audited by SANJEEV GAURAV & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJEEV GAURAV & ASSOCIATES | FY 2024 | 017483C |
Shareholding
The shareholding of Rapid Transpay Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rapid Transpay Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.68 Cr
Satisfied charges
₹16.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2015 | 10595227 | Central Bank of India | ₹2.68 Cr | Open | |
| 10 Sep 2017 | 100123715 | Hdfc Bank Limited | ₹8.8 Cr | Satisfied | |
| 16 Apr 2016 | 100021231 | Others | ₹8 Cr | Satisfied |
To see the full charge records of Rapid Transpay Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rapid Transpay Private Limited has 12 court cases on record: 3 filed by Rapid Transpay, 9 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
3
Filed against the company
9
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 4 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed against the company by M/S Efkon India Pvt. Ltd. | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed by the company against Efkon India Pvt. Ltd. | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed by the company against Efkon India Pvt. Ltd. | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by M/S Efkon India Pvt. Ltd. | Pending |
| High Court | Court case (CSTAY) | Filed against the company by M/S Efkon India Pvt. Ltd. | Disposed |
To see the full case history of Rapid Transpay 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.
Credit ratings & regulatory alerts
Rapid Transpay Private Limited was last rated by Crisil on 20 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Aug 2020 |
To see the full credit ratings and regulatory alerts of Rapid Transpay Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rapid Transpay Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rapid Transpay has 7 GST registrations: 1 active and 6 cancelled or inactive.
Total GSTINs
7
Active
1
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS0890F2Z1 | Maharashtra | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Rapid Transpay Private Limited, buy the company report.
Recent activity
Rapid Transpay Private Limited has 12 board changes on record since 2017: 3 appointments and 9 cessations. The latest: Rambharose Sharma ceased to be Additional Director on 24 Sep 2025.
AGM
Rapid Transpay Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Rambharose Sharma ceased to be Additional Director.
Filing
Rapid Transpay Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Rambharose Sharma was appointed as Director.
Ceased
Chander Bhan Parasar ceased to be Additional Director.
Appointed
Chander Bhan Parasar was appointed as Director.
Ceased
Inder Goel ceased to be Additional Director.
Charges
A charge registered on 10 Sep 2017 via Charge ID 100123715 with Hdfc Bank Limited was fully satisfied on 01 Jan 2020.
Ceased
Arun Gaur Kumar ceased to be Additional Director.
Ceased
Vivek Anand ceased to be Additional Director.
Ceased
Vasudev Garg ceased to be Director.
Ceased
Chaitanya Garg ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Rapid Transpay is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 March 2010 (16+ years old) and is registered under CIN U72300DL2010PTC200340.
Rapid Transpay has 3 current directors:
- Chander Bhan Parasar - Director
- Vivek Anand - Director
- Rambharose Sharma - Director
The latest financial statements of Rapid Transpay on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rapid Transpay is 27AAOCS0890F2Z1, registered in Maharashtra. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rapid Transpay is U72300DL2010PTC200340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid Transpay has 12 court cases on record: 3 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Rapid Transpay was incorporated on 17 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Rapid Transpay by revenue are Jag Fininvest Limited, Oxley Financial Services Private Limited, Indurekha Enterprises Private Limited, DNK Securities Private Limited, Bliss Life Financial Services Imf Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Rambharose Sharma ceased to be Additional Director on 24 Sep 2025. Rambharose Sharma was appointed as Director on 01 Oct 2024. Chander Bhan Parasar ceased to be Additional Director on 19 Sep 2024. Rapid Transpay has 12 board changes on record in total.
Yes, Rapid Transpay is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0012418).
Rapid Transpay can be reached through the website tpay.in. Its registered office is in New Delhi, Delhi, India.