About R & B Infra Project Limited
Data last updated:
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 95 cases involving the company, including 67 filed by the company and 17 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 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 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.
Name History of R & B Infra Project Limited
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 of R & B Infra Project Limited
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 |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 1 Neela Apartments.V. Road Opp Mandpeshwar Ind Estate Borivali (W), Mumbai, Maharashtra, India – 400092
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of R & B Infra Project Limited
The main business activity of R & B Infra Project is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of R & B Infra Project Limited FY 2024 filings available
R & B Infra Project Limited reported revenue of ₹451.15 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of R & B Infra Project Limited
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 of R & B Infra Project Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹37.95 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.23 Cr | •••• | •••• | •••• | •••• |
| 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 of R & B Infra Project Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of R & B Infra Project are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 0 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 of R & B Infra Project Limited
R & B Infra Project Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| 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 |
| Eversendai Construction Private Limited | ₹465.28 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, 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 Limited this company | ₹451.15 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Som Projects Private Limited | ₹445.93 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Gurugram, Haryana, India |
| Himachal Infracon Private Limited | ₹444.05 Cr (FY 2025) | •••• | •••• | 200.0% | •••• | Hyderabad, Telangana, India |
| Darwin Platform Infrastructure Limited | ₹441.81 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| SPD Constructions Limited | ₹440.37 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| BPC Infraprojects Private Limited | ₹440.17 Cr (FY 2025) | •••• | •••• | 1905410.0% | •••• | Ranchi, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below R & B Infra Project by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of R & B Infra Project Limited
R & B Infra Project Limited is audited by DGMS & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DGMS & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of R & B Infra Project Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of R & B Infra Project Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2025 | Others | ₹1.42 Cr | Open |
| 18 Apr 2024 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹1.72 Cr | Open |
| 18 Apr 2024 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹1.41 Cr | Open |
| 25 Sep 2023 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹15 Lakh | Open |
| 11 Jul 2023 | Axis Bank Limited | ₹40 Cr | Open |
Total charge records: 26 View all charges
Deals & Funding of R & B Infra Project Limited
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 |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of R & B Infra Project Limited
R & B Infra Project Limited has 95 court cases on record: 67 filed by R & B Infra Project, 17 filed against it, 11 where it is another party. 46 cases are pending and 49 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 0 | 19 |
| District courts | 37 | 15 | 27 |
| Supreme Court | 4 | 2 | 0 |
Cases on record (5 of 95)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against NBCC (India) Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed by the company against NBCC (India) Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Empacus Infrastructure Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Appeal) | Filed against the company by Mainak Advisory Services Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Se Freight and Logistics India Private Limited | Pending |
Full case history
All 95 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by R & B Infra Project Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at R & B Infra Project Limited
R & B Infra Project Limited has a workforce of 1,058 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on R & B Infra Project Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for R & B Infra Project Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of R & B Infra Project Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of R & B Infra Project Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of R & B Infra Project Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about R & B Infra Project Limited
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 reported revenue of ₹451.15 Cr for FY 2025 (up 28% YoY).
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
R & B Infra Project reported a net profit of ₹21.23 Cr (net margin 4.7%) and EBITDA of ₹37.95 Cr (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of R & B Infra Project is 28% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
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 95 court cases on record: 67 filed by the company and 17 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, Eversendai Construction Private Limited, G.S. Express Private Limited, KCP Infra Limited, Nikhil Constructiongroup Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
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.