Maharashtra Rail Infrastructure Development Corporation Limited - Company Profile

It is a infrastructure and utilities private limited state government company based in Mumbai, Maharashtra, India, established in 2017.

2017 Mumbai, Maharashtra, India Active

Last Updated: February 12, 2026

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About Maharashtra Rail Infrastructure Development Corporation Limited

Maharashtra Rail Infrastructure Development Corporation Limited, a active private limited state government company, was established on 08 August 2017 in Mumbai, Maharashtra, India. Engaging in railway infrastructure development within the construction sector, it holds CIN: U74999MH2017SGC298367. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7,076.00 Cr and a paid-up capital of ₹661.56 Cr.

Formerly known as Maharashtra Rail Infrastructure Development Limited. It upholds a compliant status. Employing 237 professional, Its leadership includes Rajesh Kumar Jaiswal (Managing Director), Rajesh Kumar (Nominee Director), Sanjay Kumar Jha (Nominee Director). Past directors included Manukumar Umashankar Srivastava, Manoj Saunik, Sitaram Kunte. It holds ₹1,090.00 Cr open charges and no settled loans. Its latest AGM occurred on 02 April 2025, with the balance sheet filed on 31 March 2024. It is based at 2Nd Floor, Hoechst House Nariman Point, Mumbai, Maharashtra, 400021.

Company Details

CIN/LLPIN
U74999MH2017SGC298367
Registration Number
298367
Incorporation Date
08 August 2017
Authorized Capital
₹7,076.00 Cr
Paid-Up Capital
₹661.56 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 7,076.00 Cr as on 12-02-2026
Paid Up Capital ₹ 661.56 Cr as on 12-02-2026
Company Age 8 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 1,090.00 Cr as on 12-02-2026
Revenue Growth **** 215.24% (FY 2023)
Profit Growth **** 659.53% (FY 2023)
Ebitda **** 1220.87% (FY 2023)
Net Worth 220.69% (FY 2023)
Total Assets **** 88.07% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Maharashtra Rail Infrastructure Development Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maharashtra Rail Infrastructure Development Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajesh Kumar Jaiswal	Managing Director	13 Aug 2018	Current
Rajesh Kumar	Nominee Director	30 Jun 2025	Current
Sanjay Kumar Jha	Nominee Director	07 Mar 2024	Current
Rajesh Kumar Garg	Nominee Director	20 Apr 2023	Current
Sanjay Jagdishchandra Sethi	Nominee Director	23 Feb 2024	Current
Om Prakash Gupta	Nominee Director	23 Feb 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	30 Apr 2023	Past
Pramod Abcsdd	Director	06 Aug 2018	Past
Pramod Abcsdd	Nominee Director	30 Nov 2021	Past
Pramod Abcsdd	Nominee Director	23 Feb 2024	Past
Pramod Abcsdd	Nominee Director	07 Mar 2024	Past
Pramod Abcsdd	Nominee Director	20 Apr 2023	Past

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Financial Performance of Maharashtra Rail Infrastructure Development Corporation.

Maharashtra Rail Infrastructure Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 215.24% increase. The company also saw a substantial improvement in profitability, with a 659.53% increase in profit. The company's net worth Soared by an impressive increase of 220.69%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

215.24%

*******

Revenue from Operations

*******

370.03%

*******

Total Assets

*******

88.07%

*******

Profit or Loss

*******

659.53%

*******

Net Worth

*******

220.69%

*******

EBITDA

*******

1220.87%

*******

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What is the Ownership and Shareholding Structure of Maharashtra Rail Infrastructure Development Corporation?

In 2023, Maharashtra Rail Infrastructure Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹10,900,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 940.00 Cr
State Bank Of India : 150.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Dec 2025	State Bank Of India	₹150.00 Cr	Open
16 Jan 2024	Others	₹100.00 Cr	Open
28 Jun 2021	Others	₹840.00 Cr	Open

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How Many Employees Work at Maharashtra Rail Infrastructure Development Corporation?

Maharashtra Rail Infrastructure Development Corporation has a workforce of 237 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Rail Infrastructure Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maharashtra Rail Infrastructure Development Corporation's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maharashtra Rail Infrastructure Development Corporation

Recent Activity within the Organization

Charges

A charge with State Bank Of India amounted to Rs. 150.00 Cr with Charge ID 101205684 was registered on 01 Dec 2025. was recorded as a recent event.
01 Dec 2025
Director Appointment

Progress on Rajesh Kumar was appointed as a Nominee Director was appointed as a Nominee Director on 30 Jun 2025 & has been associated with this company since 7 months 27 days . was documented.
30 Jun 2025
Annual General Meeting

Maharashtra Rail Infrastructure Development Corporation Limited last Annual general meeting of members was held on 02 Apr 2025 as per latest MCA records. was recorded as a recent event.
02 Apr 2025
Director Appointment

Progress on Yogesh Bhanwarlal Dave was appointed as a Company Secretary was appointed as a Company Secretary on 13 Jan 2025 & has been associated with this company since 1 year 1 month . was documented.
13 Jan 2025
Balance Sheet

Maharashtra Rail Infrastructure Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

Sanjay Kumar Jha was appointed as a Nominee Director was appointed as a Nominee Director on 07 Mar 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.
07 Mar 2024

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