What we do Rapid Investments Ltd is a financial services company primarily engaged in extending mortgage loans in semi-urban and rural Rajasthan, alongside financial advisory and mutual investment services. |
Founded in 1,978 |
Market share Leading player in mortgage loans in semi-urban and rural Rajasthan since 2017-18 with over 10 branches. |
Problem solved Providing accessible loans and financial advisory services to underserved semi-urban and rural clients in Rajasthan. |
Top clients or who we serve Primarily serves individual borrowers in semi-urban and rural markets; operates on a B2C model. |
Key management Nina Ranka, Managing Director, leads the company with a focus on growth in financial services. |
Our journey and innovations Founded in 1978; registered as NBFC in 1998; NBFC license reinstated in 2018 after cancellation; expanding branch network and services. |
Where we operate State of Rajasthan, India with plans for regional expansion. |
Top products or what we offer Mortgage loans, financial advisory services, mutual investments, and loan against property products. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring loan interest and advisory service income. |
Our industry position Established regional player in Rajasthan mortgage lending with reviving NBFC status and growing foothold. |
Financial highlights Revenue of Rs.1.97 crore, net profit Rs.0.12 crore in latest fiscal; rights issue increased share capital to Rs.2.15 crore. |
Geographical revenue split Entire revenue currently derived from Rajasthan operations. |
Order book - |
Whats driving growth NBFC license revival, branch expansion, new financial services, and capital infusion via rights issue. |
Our future plans Expand branches and lending in Rajasthan; enhance financial advisory and property loan services; leverage increased capital base. |
Our green promise - |
Our people and values Focus on strong governance, transparency, and employee training aligned with company growth objectives. |
Key challenges ahead Regulatory compliance, market competition, and scaling operations in semi-urban/rural markets. |
Interesting facts Company overcame NBFC registration cancellation and successfully revitalized its lending operations and capital base. |
Risks and strategy Managing regulatory adherence, maintaining loan quality, and expanding cautiously to sustain growth and mitigate risks. |
