Startup India Government of India
Rafs Engineers Private Limited - metals and minerals in Faridabad, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.84 Cr
▲ 9150% YoY
Net profit · FY 2024
₹50.53 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹85.27 Lakh
EBITDA margin 1.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹8.11 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
16
Provident fund records
About Rafs Engineers Private Limited
Data last updated:
Rafs Engineers Private Limited is a private limited company based in Faridabad, Haryana, India, recognised as a startup by DPIIT. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 12 December 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27205HR2022PTC108281. Its GSTIN is 06AAMCR3761L1ZW (Haryana).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Ashok Chaudhari and Madhav Kant Shandilya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 745 Sector – 69 Imt Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹50.53 Lakh (net margin 0.8%) and EBITDA of ₹85.27 Lakh (EBITDA margin 1.3%).
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rudraformwork. As per MCA filings, the company has open charges of ₹8.11 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in December 2023. Its 10 peer companies in the Metals and Minerals industry (Metal Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Ratan Mal Balak Ram Trading Co. Private Limited with revenue of ₹63.99 Cr.
Rafs Engineers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-HR-03-0057607). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rudraformwork.com.
Company Details of Rafs Engineers Private Limited
CIN U27205HR2022PTC108281
Registration Number 108281
Incorporation Date 12 December 2022
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-HR-03-0057607
Recognitions & Rankings of Rafs Engineers
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-HR-03-0057607
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 745 Sector – 69 Imt Faridabad, Haryana, India – 121001
- IndustryMetals and Minerals, Metal Retail & Distribution
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Associated Brands with Rafs Engineers Private Limited
Rafs Engineers operates one associated brand: Rudraformwork. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers aluminium formwork systems for speed and reliability in construction. | rudraformwork.com |
Business Activity of Rafs Engineers Private Limited
The main business activity of Rafs Engineers is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Rafs Engineers Private Limited FY 2025 filings available
Rafs Engineers Private Limited reported revenue of ₹63.84 Cr (up 9150% YoY) for FY 2024.
Revenue · FY 2024
₹63.84 Cr ▲ 9150%
Net profit · FY 2024
₹50.53 Lakh margin 0.8%
EBITDA · FY 2024
₹85.27 Lakh margin 1.3%
Financial Statement Summary of Rafs Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹85.27 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹50.53 Lakh | •••• |
| 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 Rafs Engineers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.3% | •••• |
| Net Profit Margin | 0.8% | •••• |
| 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 Rafs Engineers are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Rafs Engineers Private Limited
Rafs Engineers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Chaudhari | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
| Madhav Kant Shandilya | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
Peer Comparison of Rafs Engineers Private Limited
Rafs Engineers Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratan Mal Balak Ram Trading Co. Private Limited | ₹63.99 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Varanasi, Uttar Pradesh, India |
| Fatehpuria Ispat Private Limited | ₹63.93 Cr (FY 2025) | •••• | •••• | 60.0% | •••• | Delhi, India |
| Chetak Impex Private Limited | ₹63.92 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Panvel, Maharashtra, India |
| Elegant Casting Private Limited | ₹63.89 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Mumbai, Maharashtra, India |
| Raipur Trademart Private Limited | ₹63.86 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Raipur, Chhattisgarh, India |
| Rafs Engineers Private Limited this company | ₹63.84 Cr (FY 2024) | •••• | •••• | 9150.0% | •••• | Faridabad, Haryana, India |
| Suryakavach Ventures Private Limited | ₹63.56 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Chandigarh, India |
| Shri Narsingh Micro Alloys Private Limited | ₹63.45 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Ahmedabad, Gujarat, India |
| Khwahish Marketing Private Limited | ₹63.24 Cr (FY 2016) | •••• | •••• | 22.0% | •••• | Delhi, India |
| Shree Vishnovi Alloys Private Limited | ₹63.2 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Auspicioustmt Private Limited | ₹63.18 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Rafs Engineers by revenue in the Metals and Minerals industry (Metal Retail and Distribution), 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 Rafs Engineers Private Limited
Rafs Engineers Private Limited is audited by PMY & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PMY & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Rafs Engineers Private Limited
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Charges & Borrowings of Rafs Engineers Private Limited
Open charges
₹8.11 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2025 | Others | ₹2 Cr | Open |
| 09 Oct 2024 | Canara Bank | ₹16.49 Lakh | Open |
| 26 Feb 2024 | Bank of India | ₹5.5 Cr | Open |
| 02 Dec 2023 | Axis Bank Limited | ₹44.5 Lakh | Open |
Total charge records: 4 View all charges
Deals & Funding of Rafs Engineers Private Limited
Rafs Engineers Private Limited has 1 deal on record (1 rights issue); the latest was in December 2023.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Rights issue | ₹99 Lakh | Investors: 2 individuals |
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Employees and EPFO Compliance at Rafs Engineers Private Limited
Employment history and EPFO contributions of people linked to Rafs Engineers.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Rafs Engineers Private Limited
Rafs Engineers Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ashok Chaudhari was appointed as Director on 12 Dec 2022.
AGM
Rafs Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101096426 was registered on 30 Apr 2025.
Filing
Rafs Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Canara Bank amounted to Rs. 0.16 Cr with Charge ID 101006246 was registered on 09 Oct 2024.
Charges
A charge with Bank Of India amounted to Rs. 5.50 Cr with Charge ID 100870412 was registered on 26 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100839936 was registered on 02 Dec 2023.
Appointed
Ashok Chaudhari was appointed as Director.
Appointed
Madhav Kant Shandilya was appointed as Director.
Incorporation
12 Dec 2022
Rafs Engineers Private Limited was registered on 12 Dec 2022 with Roc Delhi & aged 3 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Rafs Engineers Private Limited
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MSME Payment Delays by Rafs Engineers Private Limited
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Subsidiaries & Group Companies of Rafs Engineers Private Limited
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Corporate group structure
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GST Compliance of Rafs Engineers Private Limited
Rafs Engineers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAMCR3761L1ZW | Haryana | Active | 09 Mar 2023 |
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MCA Filings & Documents of Rafs Engineers Private Limited
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Frequently Asked Questions about Rafs Engineers Private Limited
Rafs Engineers is an active private limited company based in Faridabad, Haryana, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 12 December 2022 (4+ years old) and is registered under CIN U27205HR2022PTC108281.
Rafs Engineers reported revenue of ₹63.84 Cr for FY 2024 (up 9150% YoY).
Rafs Engineers has 2 current directors:
- Ashok Chaudhari - Director
- Madhav Kant Shandilya - Director
Rafs Engineers reported a net profit of ₹50.53 Lakh (net margin 0.8%) and EBITDA of ₹85.27 Lakh (EBITDA margin 1.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Rafs Engineers is 06AAMCR3761L1ZW, registered in Haryana.
The CIN (Corporate Identification Number) of Rafs Engineers is U27205HR2022PTC108281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rafs Engineers was incorporated on 12 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
Rafs Engineers has 1 deal on record (1 rights issue); the latest was in December 2023.
The peers of Rafs Engineers by revenue are Ratan Mal Balak Ram Trading Co. Private Limited, Fatehpuria Ispat Private Limited, Chetak Impex Private Limited, Elegant Casting Private Limited, Raipur Trademart Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Ashok Chaudhari was appointed as Director on 12 Dec 2022. Madhav Kant Shandilya was appointed as Director on 12 Dec 2022.
Yes, Rafs Engineers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).