- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0028719

About Reach Dredging Limited
Data last updated:
Reach Dredging Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the dredging and marine engineering services segment of the infrastructure and utilities sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U61200WB2010PLC141151. Its GSTIN is 19AAECR9181L1ZN (West Bengal). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹29 Cr and a paid-up capital of ₹27.78 Cr. It was formerly known as Rashmi Bulk Shipping Private Limited and Rashmi Bulk Shipping Limited. It is led by directors including Jaiprakash Rai (Whole-Time Director) and Binoy Ghosh.
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 1 Garstin Place Orbit Room No. 3B, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹141.7 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹39.62 Cr (net margin 28%) and EBITDA of ₹62.7 Cr (EBITDA margin 44.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 32% over five years.
The company has about 216 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Reach Dredging. As per MCA filings, the company has open charges of ₹105.97 Cr and satisfied charges of ₹28 Cr on record. Court records list 103 cases involving the company, including 79 filed by the company and 24 filed against it; 24 cases are pending.
Reach Dredging Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0028719). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reachdredging.com.
Company details
Name history
Reach Dredging has undergone 2 name changes throughout its history. The company was previously known as Rashmi Bulk Shipping Private Limited, and Rashmi Bulk Shipping Limited. The current legal name is Reach Dredging Limited.
| Company Name | Status |
|---|---|
| Reach Dredging Limited | Current |
| Rashmi Bulk Shipping Private Limited | Previous |
| Rashmi Bulk Shipping Limited | Previous |
CIN history
Reach Dredging has one previous CIN (Corporate Identification Number): U61200WB2010PTC141151. The current CIN is U61200WB2010PLC141151, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U61200WB2010PLC141151 | Current |
| U61200WB2010PTC141151 | Previous |
Recognitions & Rankings of Reach Dredging
Contact details
Reach Dredging Limited's registered office is in Kolkata, West Bengal. Its website is reachdredging.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Garstin Place Orbit Room No. 3B, Kolkata, West Bengal, India – 700001
- IndustryInfrastructure and Utilities, Dredging & Marine Engineering Services
To see the full contact details of Reach Dredging 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
Brands
Reach Dredging operates one associated brand: Reach Dredging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dredging and reclamation services for water bodies and infrastructure in India. | reachdredging.com |
Business activity
The main business activity of Reach Dredging is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Reach Dredging Limited, buy the company report.
Financials of Reach Dredging Limited
FY 2025 filings availableReach Dredging Limited reported revenue of ₹141.7 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 19% 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 | ₹62.7 Cr | ||||
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| Net Profit (PAT) | ₹39.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.2% | ||||
| Net Profit Margin | 28% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Reach Dredging Limited, buy the company report.
Board of directors of Reach Dredging Limited
Reach Dredging has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaiprakash Rai Also directs: Koove Green Hydrogen Private Limited, Rashmi Rare Earth Limited, Acloud Iot Private Limited and 4 more | Whole-Time Director | 30 Nov 2017 | 8 Years 11 Months | Current |
| Binoy Ghosh | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
| Surajit Pal | Director | 21 Dec 2023 | 2 Years 10 Months | Current |
| Bajrang Toshniwal Also directs: Rashmi Rare Earth Limited | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Priti Singrodia Also directs: Rashmi Rare Earth Limited, Accordink Solutions LLP, Maks Energy Solutions India Limited and 1 more | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Reach Dredging Limited is audited by D. K. CHHAJER & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. K. CHHAJER & CO | FY 2022 | 304138E |
Shareholding
The shareholding of Reach Dredging 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 Reach Dredging Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2023 | 100717264 | State Bank of India | ₹25 Cr | Open | |
| 01 Jul 2020 | 100348108 | Others | ₹29.82 Lakh | Open | |
| 26 Jun 2020 | 100345026 | Uco Bank | ₹1.75 Cr | Open | |
| 27 May 2019 | 100266677 | Uco Bank | ₹3 Cr | Open | |
| 04 Jan 2018 | 100145446 | Uco Bank | ₹3 Cr | Open |
To see the full charge records of Reach Dredging Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Reach Dredging Limited has 103 court cases on record: 79 filed by Reach Dredging, 24 filed against it. 24 cases are pending and 79 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 67 | 17 | 18 |
| District courts | 32 | 6 | 6 |
| Supreme Court | 4 | 1 | 0 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jammu and Kashmir and Ladakh | Revision petition | Filed against the company by Madhucon Projects Limited | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Original Suits (OS)) | Filed by the company against Madhucon Projects Limited and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Indian Stores Supplying Company Private Limited | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan Water Grid Corporation Limited | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Rajasthan Water Grid Corporation Limited | Disposed |
To see the full case history of Reach Dredging 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
Reach Dredging Limited was last rated by Care on 06 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Mar 2023 |
To see the full credit ratings and regulatory alerts of Reach Dredging Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reach Dredging Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reach Dredging has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|
Employees & EPFO
Reach Dredging Limited has a workforce of 216 employees on its EPFO records as of Dec 09, 2024, across 1 active EPFO establishment.
GST
Reach Dredging has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECR9181L1ZN | West Bengal | Active | 01 Jul 2017 |
| 21AAECR9181L1Z2 | Odisha | Active | 01 Jul 2017 |
| 18AAECR9181L1ZP | Assam | Active | 15 Sep 2017 |
| 29AAECR9181L1ZM | Karnataka | Active | 24 May 2021 |
To see the full GST registrations and return filing status of Reach Dredging Limited, buy the company report.
Recent activity
Reach Dredging Limited has 19 board changes on record since 2012: 5 appointments and 14 cessations. The latest: Bajrang Toshniwal was appointed as Director on 30 Sep 2024.
24 earlier events are in the company report.
Frequently asked questions
Reach Dredging is an active public limited company based in Kolkata, West Bengal, India. The company works in dredging and marine engineering services, within the infrastructure and utilities industry. It was incorporated on 21 January 2010 (16+ years old) and is registered under CIN U61200WB2010PLC141151.
Reach Dredging has 5 current directors:
- Jaiprakash Rai - Whole-Time Director
- Binoy Ghosh - Director
- Surajit Pal - Director
- Bajrang Toshniwal - Director
- Priti Singrodia - Director
The latest financial statements of Reach Dredging on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Reach Dredging is 19AAECR9181L1ZN, registered in West Bengal. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAECR9181L1Z2 (Odisha), 18AAECR9181L1ZP (Assam), 29AAECR9181L1ZM (Karnataka).
The CIN (Corporate Identification Number) of Reach Dredging is U61200WB2010PLC141151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reach Dredging has 103 court cases on record: 79 filed by the company and 24 filed against it. 24 are pending. Most are in the high courts.
Reach Dredging was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
Bajrang Toshniwal was appointed as Director on 30 Sep 2024. Priti Singrodia was appointed as Director on 30 Sep 2024. Surajit Pal ceased to be Additional Director on 29 Sep 2024. Reach Dredging has 19 board changes on record in total.
Yes, Reach Dredging is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0028719).
Reach Dredging can be reached through the website reachdredging.com. Its registered office is in Kolkata, West Bengal, India.

