About R & B Infra Project Limited
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R & B Infra Project Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 15 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PLC154006. Its GSTIN is 27AAECM3616P1Z3 (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹14.75 Cr. It was formerly known as Mundara Developers Private Limited and R & B Infra Project Private Limited. It is led by directors including Ratansingh Motisingh Rathore (Managing Director) and Ajaypalsingh Ratansingh Rathore (Whole-Time Director).
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 B – 1 Neela Apartments.V. Road Opp Mandpeshwar Ind Estate Borivali (W), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹451.15 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹21.23 Cr (net margin 4.7%) and EBITDA of ₹37.95 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 25% over five years.
The company has about 1,058 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹189.16 Cr and satisfied charges of ₹27.36 Cr on record. Court records list 98 cases involving the company, including 69 filed by the company and 29 filed against it; 46 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹79.91 Cr; the latest was in March 2023. Its 5 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 4 larger and 1 smaller; the largest is Vijay Nirman Company Private Limited with revenue of ₹466.94 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2024, listing 66 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rathoregroup.co.in.
Company details
Name history
R & B Infra Project has undergone 3 name changes throughout its history. The company was previously known as Mundara Developers Private Limited, R & B Infra Project Private Limited, and Ratansingh & Bros Infrastructure Private Limited. The current legal name is R & B Infra Project Limited.
| Company Name | Status |
|---|---|
| R & B Infra Project Limited | Current |
| Mundara Developers Private Limited | Previous |
| R & B Infra Project Private Limited | Previous |
| Ratansingh & Bros Infrastructure Private Limited | Previous |
CIN history
R & B Infra Project has one previous CIN (Corporate Identification Number): U45200MH2005PTC154006. The current CIN is U45200MH2005PLC154006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH2005PLC154006 | Current |
| U45200MH2005PTC154006 | Previous |
Contact details
R & B Infra Project Limited's registered office is in Mumbai, Maharashtra. Its website is rathoregroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1 Neela Apartments.V. Road Opp Mandpeshwar Ind Estate Borivali (W), Mumbai, Maharashtra, India – 400092
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of R & B Infra Project 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
Business activity
The main business activity of R & B Infra Project is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of R & B Infra Project Limited, buy the company report.
Financials of R & B Infra Project Limited
FY 2024 filings availableR & B Infra Project Limited reported revenue of ₹451.15 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 28% growth in the latest year. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.95 Cr | ||||
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| Net Profit (PAT) | ₹21.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of R & B Infra Project Limited, buy the company report.
Board of directors of R & B Infra Project Limited
R & B Infra Project has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keshav Rathi Also directs: Achievers Quality Classes LLP, Priav Eduserve & Consultancy LLP | Director | 21 Sep 2021 | 5 Years 1 Months | Current |
| Ashima Chhatwal Also directs: Abans Financial Services Limited, Sanghvi Housing and Infrastructure Limited, Abans Finance Private Limited and 3 more | Director | 21 Sep 2021 | 5 Years 1 Months | Current |
| Ajaypalsingh Ratansingh Rathore Also directs: Rattansingh & Brothers LLP, Navimumbai Environment Projects Private Limited, R & B Greengas & Renewables Private Limited and 2 more | Whole-Time Director | 13 Jun 2023 | 3 Years 4 Months | Current |
| Roopkuwar Ratansingh Rathore | Whole-Time Director | 08 Apr 2022 | 4 Years 6 Months | Current |
| Mahipal Jayantilal Shethiya | Director | 24 Sep 2022 | 4 Years 1 Months | Current |
| Ratansingh Motisingh Rathore Also directs: Rattansingh & Brothers LLP, R & B Greentech LLP, Navimumbai Environment Projects Private Limited and 5 more | Managing Director | 04 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
R & B Infra Project Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijay Nirman Company Private Limited | ₹466.94 Cr (FY 2024) | -44.0% | Visakhapatnam, Andhra Pradesh, India | |||
| G.S. Express Private Limited | ₹461.5 Cr (FY 2025) | 9.0% | Lucknow, Uttar Pradesh, India | |||
| KCP Infra Limited | ₹458.46 Cr (FY 2025) | -28.0% | Chennai, Tamil Nadu, India | |||
| Nikhil Constructiongroup Private Limited | ₹454.33 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| R & B Infra Project Limitedthis company | ₹451.15 Cr (FY 2025) | ₹21.23 Cr | 4.7% | 28.0% | 1,058 | Mumbai, Maharashtra, India |
| Himachal Infracon Private Limited | ₹444.05 Cr (FY 2025) | 200.0% | Hyderabad, Telangana, India |
To see the full peer comparison of R & B Infra Project Limited, buy the company report.
Auditor
R & B Infra Project Limited is audited by DGMS & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DGMS & Co. | FY 2023 | 112187W |
Shareholding
The shareholding of R & B Infra Project Limited is on record for 5 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R & B Infra Project Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2025 | 101179839 | Others | ₹1.42 Cr | Open | |
| 18 Apr 2024 | 100911444 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹1.72 Cr | Open | |
| 18 Apr 2024 | 100911453 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹1.41 Cr | Open | |
| 25 Sep 2023 | 100796954 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹15 Lakh | Open | |
| 11 Jul 2023 | 100746981 | Axis Bank Limited | ₹40 Cr | Open |
To see the full charge records of R & B Infra Project Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
R & B Infra Project Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹79.91 Cr; the latest was in March 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹11.8 Cr | Investors: Coral Venture Private Limited , Aditya Financial Consultants Private Limited. , Sradha Vyapar Pvt.Ltd. , an individual |
| Nov 2011 | Funding round | ₹30.55 Cr | Investors: Coral Venture Private Limited , Aditya Financial Consultants Private Limited. , Sradha Vyapar Pvt.Ltd. |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: Ratansingh Kr Rajdeep Construction, 2 individuals Seller: Mangalsingh Motisingh Rathore Huf, Synopsis Financial Services Private Limited , S D M Vyapaar Private Limited , an individual |
| Apr 2011 | Funding round | ₹36.6 Cr | Investors: Aditya Financial Consultants Private Limited. , Coral Venture Private Limited , Mangalsingh Motisingh Rathore Huf, an individual |
| Aug 2009 | Funding round | ₹95.7 Lakh | Investors: Triangular Infocom Limited , Synopsis Financial Services Private Limited , S D M Vyapaar Private Limited |
To see the full deal history of R & B Infra Project Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
R & B Infra Project Limited has 98 court cases on record: 69 filed by R & B Infra Project, 29 filed against it. 46 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 5 | 19 |
| District courts | 38 | 22 | 27 |
| Supreme Court | 5 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed by the company against NBCC (India) Limited and 2 others | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against NBCC (India) Limited & Anr. | Pending |
| Bombay High Court | Writ petition | Filed against the company by Lion Services Ltd Throu. Devansh Bhalla | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Empacus Infrastructure Private Limited and Ors and 2 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed against the company by Mainak Advisory Services Ltd and Anr and 1 other | Pending |
To see the full case history of R & B Infra Project Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
R & B Infra Project Limited was last rated by Brickwork on 19 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 19 May 2022 |
To see the full credit ratings and regulatory alerts of R & B Infra Project Limited, buy the company report.
MSME payment delays
R & B Infra Project Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 66 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eastern Petroleum Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Bharti Infraconstructions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of R & B Infra Project Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
R & B Infra Project Limited has a workforce of 1,058 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
R & B Infra Project has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM3616P1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 24AAECM3616P1Z9 | Gujarat | Active | 29 Dec 2018 |
| 21AAECM3616P1ZF | Odisha | Active | 13 Mar 2019 |
| 12AAECM3616P1ZE | Arunachal Pradesh | Active | 20 Oct 2021 |
To see the full GST registrations and return filing status of R & B Infra Project Limited, buy the company report.
Recent activity
R & B Infra Project Limited has 10 board changes on record since 2005: 8 appointments and 2 cessations. The latest: Ajaypalsingh Ratansingh Rathore was appointed as Whole-Time Director on 13 Jun 2023.
48 earlier events are in the company report.
Frequently asked questions
R & B Infra Project is an active public limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 15 June 2005 (21+ years old) and is registered under CIN U45200MH2005PLC154006.
R & B Infra Project has 6 current directors:
- Ratansingh Motisingh Rathore - Managing Director
- Ajaypalsingh Ratansingh Rathore - Whole-Time Director
- Roopkuwar Ratansingh Rathore - Whole-Time Director
- Keshav Rathi - Director
- Ashima Chhatwal - Director
- Mahipal Jayantilal Shethiya - Director
The latest financial statements of R & B Infra Project 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 2015 are in the company report.
The GSTIN of R & B Infra Project is 27AAECM3616P1Z3, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAECM3616P1Z9 (Gujarat), 21AAECM3616P1ZF (Odisha), 12AAECM3616P1ZE (Arunachal Pradesh).
The CIN (Corporate Identification Number) of R & B Infra Project is U45200MH2005PLC154006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R & B Infra Project has 98 court cases on record: 69 filed by the company and 29 filed against it. 46 are pending. Most are in the high courts.
R & B Infra Project was incorporated on 15 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
R & B Infra Project has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹79.91 Cr; the latest was in March 2023.
The peers of R & B Infra Project by revenue are Vijay Nirman Company Private Limited, G.S. Express Private Limited, KCP Infra Limited, Nikhil Constructiongroup Private Limited, Himachal Infracon Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Ajaypalsingh Ratansingh Rathore was appointed as Whole-Time Director on 13 Jun 2023. Rajkumarsingh Ishwarsingh Deora ceased to be Whole-Time Director on 13 Jun 2023. Mahipal Jayantilal Shethiya was appointed as Director on 24 Sep 2022. R & B Infra Project has 10 board changes on record in total.
R & B Infra Project has 3 MSME Form 1 returns on record between 2019 and 2024, listing 66 overdue payments to 6 micro and small suppliers. The latest return was filed on 11 Jun 2024.
R & B Infra Project can be reached through the website rathoregroup.co.in. Its registered office is in Mumbai, Maharashtra, India.
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