Rapid Investments Ltd. Company History and Annual Growth Details

Rapid Investments Limited was incorporated on 02.06.1978 as a Limited Company under the Companies Act, 1956. The Company is also registered as a Non-Banking Finance Company (Non-Deposit taking- Asset Financing Company) under Reserve Bank of India vide registration No.13.00783 on 25 May 1998. It is a BSE Listed Publicly Traded Company.

Company is a leading player in Mortgage Loans since 2017-18 and enriching the lives of the people primarily in the un-served and unreached Semi urban & rural markets. Presently the Company is operating in the state of Rajasthan, having over 10 branches and has chalked out ambitious branch expansion and loan growth plans in the State. The Company is planning to open more branches and also focusing on strengthening the existing branches to improve and achieve the targeted loan growth.

2024
-The company issued rights shares of Rs. 10 in the ratio of 25:39 at a premium of Rs. 90 per share.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article