Rapidwallet Services Private Limited

Rapidwallet Services Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2018PTC116946 Incorporated 27 September 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business services MSME · Small
Data last updated
Revenue · FY 2023
₹6.96 Lakh
▲ 166% YoY
Net profit · FY 2023
₹26,758
Net margin 3.8%
EBITDA · FY 2023
₹39,252
EBITDA margin 5.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
3
of 4 registered

About Rapidwallet Services Private Limited

Data last updated:

Rapidwallet Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 27 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC116946. Its GSTIN is 10AAJCR1801N1ZL (Bihar). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1,000. It is led by directors including Ranjan Kumar and Arju Kumari.

Its last annual general meeting (AGM) was held on 31 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No 87/4 Ak Colony Mathikere, Bangalore, Karnataka, India – 560054.

As per the financials filed for FY 2023, the company reported a revenue of ₹6.96 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26,758 (net margin 3.8%) and EBITDA of ₹39,252 (EBITDA margin 5.6%).

Rapidwallet Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-23-0026095). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999KA2018PTC116946
Registration Number 116946
Incorporation Date 27 September 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-BR-23-0026095

Recognitions & Rankings of Rapidwallet Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-BR-23-0026095

Contact details

Rapidwallet Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No 87/4 Ak Colony Mathikere, Bangalore, Karnataka, India – 560054
  • Industry
    Business Services, Business Support Services

To see the full contact details of Rapidwallet Services Private Limited, buy the company report.

Comprehensive company report
Rapidwallet Services 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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Business activity

The main business activity of Rapidwallet Services is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Rapidwallet Services Private Limited, buy the company report.

Financials of Rapidwallet Services Private Limited

FY 2023 filings available

Rapidwallet Services Private Limited reported revenue of ₹6.96 Lakh (up 166% YoY) for FY 2023.

Revenue · FY 2023
₹6.96 Lakh ▲ 166%
Net profit · FY 2023
₹26,758 margin 3.8%
EBITDA · FY 2023
₹39,252 margin 5.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 166%
EBITDA CAGR growth
3 years · compounded
▲ 38%

Revenue rose 166% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹39,252
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26,758
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin5.6%
Net Profit Margin3.8%
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 Rapidwallet Services Private Limited, buy the company report.

Board of directors of Rapidwallet Services Private Limited

Rapidwallet Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ranjan KumarDirector27 Sep 20188 Years 1 MonthsCurrent
Arju KumariDirector22 Oct 20197 Years 0 MonthsCurrent
Dipaben Hasmukhlal RavalDirector05 Mar 20242 Years 8 MonthsCurrent

Auditor

Rapidwallet Services Private Limited is audited by H N AND ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
H N AND ASSOCIATESFY 2020024738N

Shareholding

The shareholding of Rapidwallet Services Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rapidwallet Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rapidwallet Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rapidwallet Services has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
10AAJCR1801N1ZLBiharActive29 Aug 2020
07AAJCR1801N1Z8DelhiActive21 Nov 2022
10AAJCR1801N2ZKBiharActive18 Jan 2023

To see the full GST registrations and return filing status of Rapidwallet Services Private Limited, buy the company report.

Recent activity

Rapidwallet Services Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Dipaben Hasmukhlal Raval was appointed as Director on 05 Mar 2024.

Appointed
Dipaben Hasmukhlal Raval was appointed as Director.
AGM
Rapidwallet Services Private Limited last Annual general meeting of members was held on 31 Dec 2023 as per latest MCA records.
Filing
Rapidwallet Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Vishwanath Chandrashekarappa Yalaburgi ceased to be Director.
Ceased
Deepak ceased to be Director.
Appointed
Arju Kumari was appointed as Director.
Appointed
Ranjan Kumar was appointed as Director.
Incorporation
27 Sep 2018
Rapidwallet Services Private Limited was registered on 27 Sep 2018 with Roc Bangalore & aged 8 years 1 month as per MCA records.

Frequently asked questions

Rapidwallet Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 27 September 2018 (8+ years old) and is registered under CIN U74999KA2018PTC116946.

Rapidwallet Services has 3 current directors:

The latest financial statements of Rapidwallet Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 December 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Rapidwallet Services is 10AAJCR1801N1ZL, registered in Bihar. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAJCR1801N1Z8 (Delhi), 10AAJCR1801N2ZK (Bihar).

The CIN (Corporate Identification Number) of Rapidwallet Services is U74999KA2018PTC116946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rapidwallet Services was incorporated on 27 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Dipaben Hasmukhlal Raval was appointed as Director on 05 Mar 2024. Vishwanath Chandrashekarappa Yalaburgi ceased to be Director on 19 May 2022. Deepak ceased to be Director on 23 Oct 2019. Rapidwallet Services has 5 board changes on record in total.

Yes, Rapidwallet Services is registered as a small enterprise under Udyam registration (number: UDYAM-BR-23-0026095).

The registered office of Rapidwallet Services is at Flat No 874 Ak Colony Mathikere, Bangalore, Karnataka, India – 560054.

Rapidwallet Services operates in the business services industry, in the business support services segment.