About Raima Toll Road Private Limited
Data last updated:
Raima Toll Road Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mep Infrastructure Developers Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 12 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2012PTC237838. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.47 Cr. It is led by directors Subramany Padmanabhan and Rajesh Manohar Powale.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B1 – 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri (E), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹47,000, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr and EBITDA of -₹1.35 Cr. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 75% over five years.
As per MCA filings, the company has satisfied charges of ₹118.5 Cr on record. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mepinfra.com.
Company details
Contact details
Raima Toll Road Private Limited's registered office is in Mumbai, Maharashtra. Its website is mepinfra.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB1 – 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Raima Toll Road Private 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 Raima Toll Road 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 |
Financials of Raima Toll Road Private Limited
FY 2023 filings availableRaima Toll Road Private Limited reported revenue of ₹47,000 (down 85% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 85% fall in the latest year. EBITDA rose 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.35 Cr | ||||
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| Net Profit (PAT) | -₹1.35 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Raima Toll Road Private Limited, buy the company report.
Board of directors of Raima Toll Road Private Limited
Raima Toll Road has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Manohar Powale Also directs: Mep Highway Solutions Private Limited, Nexa Global Private Limited, Mep Nagzari Toll Road Private Limited and 5 more | Additional Director | 03 Oct 2023 | 3 Years 0 Months | Current |
| Subramany Padmanabhan Also directs: Mep Roads & Bridges Private Limited, Mep Tormato Private Limited, Balaji Toll Road Private Limited and 2 more | Director | 11 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Raima Toll Road Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), 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 |
|---|---|---|---|---|---|---|
| Pushkaraksh Construction Private Limited | ₹50,010 (FY 2023) | Jodhpur, Rajasthan, India | ||||
| Raima Toll Road Private Limitedthis company | ₹47,000 (FY 2023) | -₹1.35 Cr | -85.0% | Mumbai, Maharashtra, India | ||
| Cyberabad Expressways Limited | ₹42,000 (FY 2025) | -97.0% | Hyderabad, Telangana, India | |||
| Cast G Infrastructure Private Limited | ₹41,690 (FY 2025) | -42.0% | Delhi, India |
To see the full peer comparison of Raima Toll Road Private Limited, buy the company report.
Auditor
Raima Toll Road Private Limited is audited by GOKHALE & SATHE for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOKHALE & SATHE | FY 2019 | 103264W |
Shareholding
The shareholding of Raima Toll Road Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
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| Others |
To see the full shareholding pattern of Raima Toll Road Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2014 | 10495883 | Suraksha Realty Limited | ₹38 Cr | Satisfied | |
| 05 Jun 2013 | 10435357 | Idbi Bank Limited | ₹80.5 Cr | Satisfied |
To see the full charge records of Raima Toll Road Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Raima Toll Road Private Limited has 15 court cases on record: 4 filed by Raima Toll Road, 11 filed against it. 10 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 10 | 10 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Municipal Corporation of Delhi | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| Madras High Court | Writ petition | Filed by the company against an individual | Pending |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Pending |
To see the full case history of Raima Toll Road Private 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
Raima Toll Road Private Limited was last rated by Care on 20 Aug 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Aug 2020 |
To see the full credit ratings and regulatory alerts of Raima Toll Road Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raima Toll Road Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raima Toll Road Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
Raima Toll Road has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Raima Toll Road Private Limited, buy the company report.
Recent activity
Raima Toll Road Private Limited has 12 board changes on record since 2013: 2 appointments and 10 cessations. The latest: Rajesh Manohar Powale was appointed as Additional Director on 03 Oct 2023.
8 earlier events are in the company report.
Frequently asked questions
Raima Toll Road is an active private limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 12 November 2012 (14+ years old) and is registered under CIN U45400MH2012PTC237838.
Raima Toll Road has 2 current directors:
- Rajesh Manohar Powale - Additional Director
- Subramany Padmanabhan - Director
The latest financial statements of Raima Toll Road on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Raima Toll Road has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Raima Toll Road is U45400MH2012PTC237838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raima Toll Road has 15 court cases on record: 4 filed by the company and 11 filed against it. 10 are pending. Most are in the high courts.
Raima Toll Road was incorporated on 12 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Raima Toll Road by revenue are Pushkaraksh Construction Private Limited, Cyberabad Expressways Limited, Cast G Infrastructure Private Limited, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Rajesh Manohar Powale was appointed as Additional Director on 03 Oct 2023. Subramany Padmanabhan ceased to be Additional Director on 29 Sep 2021. Subramany Padmanabhan was appointed as Director on 11 Feb 2021. Raima Toll Road has 12 board changes on record in total.
Raima Toll Road can be reached through the website mepinfra.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Raima Toll Road is at B1 – 406 Boomrang Chandivali Farm Road Nr Chandivali Studio Andheri E, Mumbai, Maharashtra, India – 400072.