
About Rapidloops Logistics Private Limited
Data last updated:
Rapidloops Logistics Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 31 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U01100TN2019PTC127219. Its GSTIN is 33AAACZ7187J2ZU (Tamil Nadu). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹50.38 Lakh. It is led by directors Anbazhagan Arun and Vijay Prakash Jeyaseelan.
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 No.19 Thazhamkuppam Main Road Voc Nagar Ennore, Chennai, Tamil Nadu, India – 600057.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.47 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹16.59 Lakh (net margin 0.5%) and EBITDA of ₹66.77 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: RapidLoops and Waahan. As per MCA filings, the company has open charges of ₹8.7 Cr on record. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.95 Cr; the latest was in December 2021. Its 9 peer companies in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 5 larger and 4 smaller; the largest is Gyan Logistics Private Limited with revenue of ₹34.86 Cr.
Rapidloops Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0036517). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rapidloops.com.
Company details
Recognitions & Rankings of Rapidloops Logistics
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0036517
Contact details
Rapidloops Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is rapidloops.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressNo.19 Thazhamkuppam Main Road Voc Nagar Ennore, Chennai, Tamil Nadu, India – 600057
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of Rapidloops 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
Brands
Rapidloops Logistics operates two associated brands: RapidLoops and Waahan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-driven platform simplifies trucking logistics for shippers and truckers. | rapidloops.com | |
| Offers fleet assistant solutions for logistics businesses. | waahan.in |
Business activity
The main business activity of Rapidloops 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 Rapidloops Logistics Private Limited, buy the company report.
Financials of Rapidloops Logistics Private Limited
FY 2024 filings availableRapidloops Logistics Private Limited reported revenue of ₹33.47 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over three years, including 14% growth in the latest year. EBITDA rose 79% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹66.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.59 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 | 2% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Rapidloops Logistics Private Limited, buy the company report.
Board of directors of Rapidloops Logistics Private Limited
Rapidloops Logistics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anbazhagan Arun | Director | 31 Jan 2024 | 2 Years 8 Months | Current |
| Vijay Prakash Jeyaseelan | Director | 31 Jan 2019 | 7 Years 8 Months | Current |
Peer comparison
Rapidloops Logistics Private Limited is compared with the 9 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), 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 |
|---|---|---|---|---|---|---|
| Gyan Logistics Private Limited | ₹34.86 Cr (FY 2024) | 791.0% | Hisar, Haryana, India | |||
| VTC Transport Private Limited | ₹34.69 Cr (FY 2025) | 11.0% | Chandigarh, India | |||
| Uttam Roadways Private Limited | ₹34.49 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| JRW Transfreight Private Limited | ₹34.3 Cr (FY 2024) | -28.0% | Ranchi, Jharkhand, India | |||
| Ajanta Logistic Private Limited | ₹33.48 Cr (FY 2024) | -4.0% | Faridabad, Haryana, India | |||
| Rapidloops Logistics Private Limitedthis company | ₹33.47 Cr (FY 2024) | ₹16.59 Lakh | 0.5% | 14.0% | 14 | Chennai, Tamil Nadu, India |
| Q-Max Supply Chain India Private Limited | ₹33.26 Cr (FY 2024) | -50.0% | New Delhi, Delhi, India | |||
| Sainath Grain Traders Private Limited | ₹33.11 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Om Road Carriers Private Limited | ₹33.09 Cr (FY 2025) | 21.0% | Vadodara, Gujarat, India | |||
| Jai Ambey Express Private Limited | ₹33.02 Cr (FY 2024) | 33.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rapidloops Logistics Private Limited, buy the company report.
Auditor
Rapidloops Logistics Private Limited is audited by R.Mugunthan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.Mugunthan | FY 2023 | 021397 |
Shareholding
The shareholding of Rapidloops Logistics Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rapidloops Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2025 | 101034126 | Others | ₹3.6 Cr | Open | |
| 10 Apr 2024 | 100936931 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 29 Mar 2024 | 100936883 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 18 Jan 2024 | 100871803 | Others | ₹50 Lakh | Open | |
| 05 May 2023 | 100748002 | Axis Bank Limited | ₹60 Lakh | Open |
Total charge records: 5 View all charges
Deals & funding
Rapidloops Logistics Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.95 Cr; the latest was in December 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹90 Lakh | Investors: 4 individuals |
| Feb 2021 | Funding round | ₹1.05 Cr | Investors: 4 individuals |
| Oct 2020 | Rights issue | ₹42 Lakh | Investors: Sincere Syndication and Corporate Services LLP , 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sincere Syndication and Corporate Services LLP Seller: 3 individuals |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Rapidloops Logistics 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 Rapidloops Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rapidloops Logistics Private Limited has a workforce of 14 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Rapidloops Logistics has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACZ7187J2ZU | Tamil Nadu | Active | 10 Feb 2018 |
| 33AAJCR3939H1Z7 | Tamil Nadu | Active | 11 May 2019 |
| 21AAJCR3939H1ZC | Odisha | Active | 26 Jun 2023 |
To see the full GST registrations and return filing status of Rapidloops Logistics Private Limited, buy the company report.
Recent activity
Rapidloops Logistics Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Anbazhagan Arun was appointed as Director on 31 Jan 2024.
Frequently asked questions
Rapidloops Logistics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 31 January 2019 (7+ years old) and is registered under CIN U01100TN2019PTC127219.
Rapidloops Logistics has 2 current directors:
- Anbazhagan Arun - Director
- Vijay Prakash Jeyaseelan - Director
The latest financial statements of Rapidloops Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Rapidloops Logistics is 33AAACZ7187J2ZU, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAJCR3939H1Z7 (Tamil Nadu), 21AAJCR3939H1ZC (Odisha).
The CIN (Corporate Identification Number) of Rapidloops Logistics is U01100TN2019PTC127219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapidloops Logistics was incorporated on 31 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Rapidloops Logistics has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹1.95 Cr; the latest was in December 2021.
The peers of Rapidloops Logistics by revenue are Gyan Logistics Private Limited, VTC Transport Private Limited, Uttam Roadways Private Limited, JRW Transfreight Private Limited, Ajanta Logistic Private Limited and 4 more, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport via road).
Anbazhagan Arun was appointed as Director on 31 Jan 2024. Anbazhagan Arun ceased to be Director on 06 Jan 2020. Rajesh Krishnan ceased to be Director on 08 May 2019. Rapidloops Logistics has 4 board changes on record in total.
Yes, Rapidloops Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Rapidloops Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0036517).