About Rapid Metrorail Gurgaon South Limited
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Rapid Metrorail Gurgaon South Limited is a public limited company based in Gurgaon, Haryana, India, a subsidiary of Infrastructure Leasing And Financial Services Limited. It operates in the railway infrastructure development segment of the infrastructure and utilities sector. It was incorporated on 24 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U35990HR2012PLC046882. Its GSTIN is 06AAGCR0450E1ZT (Haryana).
The company has an authorised share capital of ₹800 Cr and a paid-up capital of ₹658 Cr. 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 ₹2.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 64.4%) and EBITDA of ₹74.02 Lakh (EBITDA margin 31.7%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 36% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,500 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹657.95 Cr; the latest was in May 2016. The company has 17 MSME Form 1 returns on record between 2019 and 2023, listing 275 overdue payments to 10 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 itnlindia.com.
Company details
Contact details
Rapid Metrorail Gurgaon South Limited's registered office is in Gurgaon, Haryana. Its website is itnlindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O India Accelerator P Ltd C17 1st, Floor Mgf Metropolis Mall Sec – 28, Gurgaon, Haryana, India – 122002
- IndustryInfrastructure and Utilities, Railway Infrastructure Development
To see the full contact details of Rapid Metrorail Gurgaon South 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 South 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 South Limited
FY 2025 filings availableRapid Metrorail Gurgaon South Limited reported revenue of ₹2.34 Cr (up 715% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 715% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 36%. EBITDA rose 144% 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 | ₹74.02 Lakh | ||||
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| Net Profit (PAT) | ₹1.51 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 | 31.7% | ||||
| Net Profit Margin | 64.4% | ||||
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To see the full financial statements and ratios of Rapid Metrorail Gurgaon South Limited, buy the company report.
Board of directors and KMP of Rapid Metrorail Gurgaon South Limited
Rapid Metrorail Gurgaon South Limited currently reports 3 directors and 1 key managerial person. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dheeraj Kumar Also directs: Noida Toll Bridge Company Limited, Rapid Metrorail Gurgaon Limited, Il&Fs Rail Limited and 2 more | Director | 11 Mar 2024 | 2 Years 7 Months | Current |
| Rakesh Chatterjee Also directs: Noida Toll Bridge Company Limited, Roadstar Infra Private Limited, Rapid Metrorail Gurgaon Limited and 1 more | Director | 29 Aug 2022 | 4 Years 2 Months | Current |
| Milind Ramesh Gandhi Also directs: Rapid Metrorail Gurgaon Limited, Il&Fs Rail Limited, Gricl Rail Bridge Development Company Limited and 4 more | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Anushi Gupta Also directs: Veda Herbs Engineering Private Limited | Company Secretary | 27 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Rapid Metrorail Gurgaon South Limited is audited by S. N. Dhawan & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. Dhawan & CO. LLP | FY 2023 | 000050N |
Shareholding
The shareholding of Rapid Metrorail Gurgaon South 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 Rapid Metrorail Gurgaon South Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2013 | 10421335 | Il & Fs Trust Company Limited | ₹1,500 Cr | Open |
To see the full charge records of Rapid Metrorail Gurgaon South Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Rapid Metrorail Gurgaon South Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹657.95 Cr; the latest was in May 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Funding round | ₹212.35 Cr | Investors: Il&Fs Rail Limited , Il&Fs Transportation Networks Limited |
| Apr 2015 | Funding round | ₹194.6 Cr | Investors: Il&Fs Rail Limited , Il&Fs Transportation Networks Limited |
| Jun 2014 | Funding round | ₹89 Cr | Investors: Il&Fs Rail Limited , Il&Fs Transportation Networks Limited |
| Jun 2013 | Funding round | ₹162 Cr | Investors: Il&Fs Rail Limited , 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 South Limited has 12 court cases on record: 7 filed by Rapid Metrorail Gurgaon South, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| Supreme Court | 3 | 1 | 0 |
| NCLAT | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by 1. Haryana Mass Rapid Transport Corporation Limited and 1 other | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Tower Vision India 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, HARYANA | Writ petition | Filed against the company by Haryana Mass Rapid Transport Corporation Ltd and Another and 1 other | Disposed |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed against the company by Haryana Mass Rapid Trasport Corporation Ltd. (Hmrtc) Managing Director Plot No. C-3, Huda Complex, Sector -6, Panchkula ,Panchkula * , Haryana and 1 other | Disposed |
To see the full case history of Rapid Metrorail Gurgaon South 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 South 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 South Limited, buy the company report.
MSME payment delays
Rapid Metrorail Gurgaon South Limited has 17 MSME Form 1 returns on record between 2019 and 2023, listing 275 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Astrazure Legal Services Private Limited | |||
| Svam Power Plants Private Limited | |||
| an individual supplier | |||
| SLV Security Services Private Ltd | |||
| an individual supplier |
To see the full MSME payment records of Rapid Metrorail Gurgaon South Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rapid Metrorail Gurgaon South Limited has a workforce of 3 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Rapid Metrorail Gurgaon South has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCR0450E1ZT | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rapid Metrorail Gurgaon South Limited, buy the company report.
Recent activity
Rapid Metrorail Gurgaon South Limited has 26 board changes on record since 2013: 4 appointments and 22 cessations. The latest: Dheeraj Kumar ceased to be Additional Director on 29 Sep 2024.
19 earlier events are in the company report.
Frequently asked questions
Rapid Metrorail Gurgaon South is an active public limited company based in Gurgaon, Haryana, India. The company works in railway infrastructure development, within the infrastructure and utilities industry. It was incorporated on 24 August 2012 (14+ years old) and is registered under CIN U35990HR2012PLC046882.
Rapid Metrorail Gurgaon South has 4 current directors and KMP:
- Dheeraj Kumar - Director
- Rakesh Chatterjee - Director
- Milind Ramesh Gandhi - Director
- Anushi Gupta - Company Secretary
The latest financial statements of Rapid Metrorail Gurgaon South 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.
The GSTIN of Rapid Metrorail Gurgaon South is 06AAGCR0450E1ZT, registered in Haryana.
The CIN (Corporate Identification Number) of Rapid Metrorail Gurgaon South is U35990HR2012PLC046882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rapid Metrorail Gurgaon South has 12 court cases on record: 7 filed by the company and 5 filed against it. Most are in the high courts.
Rapid Metrorail Gurgaon South was incorporated on 24 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Rapid Metrorail Gurgaon South has 4 deals on record (4 funding rounds), with disclosed funding of ₹657.95 Cr; the latest was in May 2016.
Dheeraj Kumar ceased to be Additional Director on 29 Sep 2024. Dheeraj Kumar was appointed as Director on 11 Mar 2024. Ajay Swaminathan Vaidyanath ceased to be Nominee Director on 29 Feb 2024. Rapid Metrorail Gurgaon South has 26 board changes on record in total.
Rapid Metrorail Gurgaon South has 17 MSME Form 1 returns on record between 2019 and 2023, listing 275 overdue payments to 10 micro and small suppliers. The latest return was filed on 11 Nov 2023.
Rapid Metrorail Gurgaon South can be reached through the website itnlindia.com. Its registered office is in Gurgaon, Haryana, India.
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