Rapid Metrorail Gurgaon Limited
About Rapid Metrorail Gurgaon Limited
Data last updated:
Rapid Metrorail Gurgaon Limited is a public limited company based in Gurgaon, Haryana, India, a subsidiary of Il&Fs Rail Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 21 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U60200HR2009PLC039116. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹760 Cr and a paid-up capital of ₹631 Cr. It was formerly known as Itnl Enso Rail Systems Limited. It is led by directors including Dheeraj Kumar and Rakesh Chatterjee.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.87 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.73 Cr (net margin -247.7%) and EBITDA of -₹99.74 Lakh (EBITDA margin -142.8%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 50% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹761.6 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in February 2016.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rapid Metrorail Gurgaon Limited's registered office is in Gurgaon, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressC/O India Accelerator P Ltd C17 1st, Floor Mgf Metropolis Mall Sec – 28, Gurgaon, Haryana, India – 122002
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Rapid Metrorail Gurgaon 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 Rapid Metrorail Gurgaon is transport and storage. In detail, this covers land transport via railways & pipelines and services incidental to land, water & air transportation. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H2 | Land transport via Railways & Pipelines | |
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
Financials of Rapid Metrorail Gurgaon Limited
FY 2025 filings availableRapid Metrorail Gurgaon Limited reported revenue of ₹69.87 Lakh (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 15% fall in the latest year. EBITDA rose 17% 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 | -₹99.74 Lakh | ||||
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| Net Profit (PAT) | -₹1.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -142.8% | ||||
| Net Profit Margin | -247.7% | ||||
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To see the full financial statements and ratios of Rapid Metrorail Gurgaon Limited, buy the company report.
Board of directors of Rapid Metrorail Gurgaon Limited
Rapid Metrorail Gurgaon has 3 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dheeraj Kumar Also directs: Noida Toll Bridge Company Limited, Rapid Metrorail Gurgaon South Limited, Il&Fs Rail Limited and 2 more | Director | 16 May 2019 | 7 Years 5 Months | Current |
| Rakesh Chatterjee Also directs: Noida Toll Bridge Company Limited, Rapid Metrorail Gurgaon South Limited, Roadstar Infra Private Limited and 1 more | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
| Milind Ramesh Gandhi Also directs: Rapid Metrorail Gurgaon South Limited, Il&Fs Rail Limited, Gricl Rail Bridge Development Company Limited and 4 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Auditor
Rapid Metrorail Gurgaon Limited is audited by S. N. Dhawan & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. Dhawan & Co. LLP | FY 2021 | 000050N/N500045 |
Shareholding
The shareholding of Rapid Metrorail Gurgaon Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rapid Metrorail Gurgaon Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2010 | 10232128 | Il & Fs Trust Company Limited | ₹761.6 Cr | Open |
To see the full charge records of Rapid Metrorail Gurgaon Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Rapid Metrorail Gurgaon Limited has 1 deal on record (1 acquisition); the latest was in February 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Acquisition | ₹510.46 Cr | Seller: Il&Fs Transportation Networks Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rapid Metrorail Gurgaon Limited has 17 court cases on record: 7 filed by Rapid Metrorail Gurgaon, 10 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 6 | 2 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 2 | 0 | 0 |
| NCLAT | 2 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Writ petition | Filed against the company by Icons Projects India Pvt Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by 1. Haryana Mass Rapid Transport Corporation Limited and 1 other | Disposed |
| High Court, HARYANA | Writ petition | Filed against the company by Top Technologies Pvt Ltd | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Haryana Mass Rapid Transport Corporation Limited Through Its Managing Director Vinay Singh O/At C-3, Sector 6 ,Panchkula * , Haryana and 1 other | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Interactive Communication Service (I) Private Limited | Pending |
To see the full case history of Rapid Metrorail Gurgaon 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
Rapid Metrorail Gurgaon Limited was last rated by Icra on 29 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Oct 2021 |
To see the full credit ratings and regulatory alerts of Rapid Metrorail Gurgaon Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rapid Metrorail Gurgaon Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rapid Metrorail Gurgaon Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Rapid Metrorail Gurgaon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rapid Metrorail Gurgaon Limited, buy the company report.
Recent activity
Rapid Metrorail Gurgaon Limited has 27 board changes on record since 2010: 3 appointments and 24 cessations. The latest: Milind Ramesh Gandhi ceased to be Additional Director on 29 Sep 2023.
20 earlier events are in the company report.
Frequently asked questions
Rapid Metrorail Gurgaon is an active public limited company based in Gurgaon, Haryana, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 21 May 2009 (17+ years old) and is registered under CIN U60200HR2009PLC039116.
Rapid Metrorail Gurgaon has 3 current directors:
- Dheeraj Kumar - Director
- Rakesh Chatterjee - Director
- Milind Ramesh Gandhi - Director
The latest financial statements of Rapid Metrorail Gurgaon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Rapid Metrorail Gurgaon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rapid Metrorail Gurgaon is U60200HR2009PLC039116. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid Metrorail Gurgaon has 17 court cases on record: 7 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Rapid Metrorail Gurgaon was incorporated on 21 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Haryana.
Rapid Metrorail Gurgaon has 1 deal on record (1 acquisition); the latest was in February 2016.
Milind Ramesh Gandhi ceased to be Additional Director on 29 Sep 2023. Milind Ramesh Gandhi was appointed as Director on 30 Sep 2022. Rakesh Chatterjee ceased to be Additional Director on 30 Sep 2022. Rapid Metrorail Gurgaon has 27 board changes on record in total.
The registered office of Rapid Metrorail Gurgaon is at CO India Accelerator P Ltd C17 1st, Floor Mgf Metropolis Mall Sec – 28, Gurgaon, Haryana, India – 122002.