
About Ridcor Infra Projects Limited
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Ridcor Infra Projects Limited is a public limited company based in Jaipur, Rajasthan, India, a subsidiary of Road Infrastructure Development Company Of Rajasthan Limited. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 04 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ2013PLC042008. Its GSTIN is 08AAGCR4453B1ZK (Rajasthan).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹40 Cr. It is led by directors including Anoop Kulshreshtha and Tara Chand Gupta.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 706 7th Floor Arg Corporate Park, Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.18 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹34.9 Cr (net margin -79%) and EBITDA of ₹20.34 Cr (EBITDA margin 46%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹297.72 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 1 filed against it; 5 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 ridcor.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice Space No. 701 – 706 7th Floor Arg Corporate Park Near Ajmer Pulia Go, Pal Bari, Jaipur, Rajasthan, India – 302001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
- 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
- One PDF report, delivered after checkout
Business Activity of Ridcor Infra Projects Limited
The main business activity of Ridcor Infra Projects is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ridcor Infra Projects Limited FY 2025 filings available
Ridcor Infra Projects Limited reported revenue of ₹44.18 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ridcor Infra Projects Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 93% 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 of Ridcor Infra Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.9 Cr | •••• | •••• | •••• | •••• |
| 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 Ridcor Infra Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -79% | •••• | •••• | •••• | •••• |
| 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 Ridcor Infra Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Ridcor Infra Projects Limited
Ridcor Infra Projects has 4 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Kulshreshtha | Director | 22 Mar 2022 | 4 Years 6 Months | Current |
| Tara Chand Gupta | Director | 22 Jan 2025 | 1 Years 8 Months | Current |
| Prashant Agarwal Also directs: Twilight Lounge and Bars LLP, Rajasthan Land Holdings Limited, Chirayu Kath Real Estate Private Limited and 1 more | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Dungar Ram Meghwal | Director | 12 Apr 2024 | 2 Years 6 Months | Current |
Peer Comparison of Ridcor Infra Projects Limited
Ridcor Infra Projects Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Balaji Tollways (Madurai) Private Limited | ₹45.29 Cr (FY 2023) | •••• | •••• | 37.0% | •••• | Madurai, Tamil Nadu, India |
| Dibang Infra Projects Private Limited | ₹45.29 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Koleshwari Infracons Private Limited | ₹45.19 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | New Delhi, Delhi, India |
| Bhilwara-Rajsamand Tollway Private Limited | ₹44.86 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Rana Engineering Co.(India) Private Limited | ₹44.61 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Ridcor Infra Projects Limited this company | ₹44.18 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Jaipur, Rajasthan, India |
| Gorakhpur Infrastructure Company Private Limited | ₹44.16 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Bhagabati Build & Constructions Private Limited | ₹43.98 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Cuttack, Odisha, India |
| Ajr Infra and Tolling Limited Listed | ₹43.67 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| SB Engicon Private Limited | ₹43.48 Cr (FY 2023) | •••• | •••• | 29.0% | •••• | Patna, Bihar, India |
| Arcons-Neemdhana-Hirdagarh Projects Private Limited | ₹43.47 Cr (FY 2025) | •••• | •••• | 148071.0% | •••• | Chhindwara, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ridcor Infra Projects by revenue in the Infrastructure industry (Roads and Bridges), 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 Ridcor Infra Projects Limited
Ridcor Infra Projects Limited is audited by KG Somani & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KG Somani & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Ridcor Infra Projects Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ridcor Infra Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2015 | Il & Fs Trust Company Limited | ₹297.72 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Ridcor Infra Projects Limited
Ridcor Infra Projects Limited has 11 court cases on record: 9 filed by Ridcor Infra Projects, 1 filed against it, 1 where it is another party. 5 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 3 | 0 | 2 |
| NCLAT | 2 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Il&Fs Financial Services Limited and 6 others | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed by the company against S.P.C.Infrastructure Private Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed by the company against S.P.C.Infrastructure Private Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Il&Fs Financial Services Limited and 4 others | Disposed |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed against the company by Shree Ram Kripa Constructions | Pending |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Ridcor Infra Projects Limited
Ridcor Infra Projects Limited has 13 MSME Form 1 returns on record between 2018 and 2023, listing 81 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hi Tech Infra Energy | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Pinkcity Advertising Company Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Ridcor Infra Projects Limited
Employment history and EPFO contributions of people linked to Ridcor Infra Projects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ridcor Infra Projects Limited
Ridcor Infra Projects Limited has 46 board changes on record since 2013: 25 appointments and 21 cessations. The latest: Sourabh Gupta ceased to be Manager on 07 May 2025.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ridcor Infra Projects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ridcor Infra Projects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ridcor Infra Projects Limited
Ridcor Infra Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCR4453B1ZK | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ridcor Infra Projects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ridcor Infra Projects Limited
Ridcor Infra Projects is an active public limited company based in Jaipur, Rajasthan, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 04 April 2013 (13+ years old) and is registered under CIN U45201RJ2013PLC042008.
Ridcor Infra Projects reported revenue of ₹44.18 Cr for FY 2025 (down 9% YoY).
Ridcor Infra Projects has 4 current directors:
- Anoop Kulshreshtha - Director
- Tara Chand Gupta - Director
- Prashant Agarwal - Director
- Dungar Ram Meghwal - Director
Ridcor Infra Projects reported a net loss of ₹34.9 Cr (net margin -79%) and EBITDA of ₹20.34 Cr (EBITDA margin 46%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ridcor Infra Projects is 26% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ridcor Infra Projects is 08AAGCR4453B1ZK, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ridcor Infra Projects is U45201RJ2013PLC042008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ridcor Infra Projects has 11 court cases on record: 9 filed by the company and 1 filed against it. 5 are pending. Most are in the district courts.
Ridcor Infra Projects was incorporated on 04 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ridcor Infra Projects by revenue are Sri Balaji Tollways (Madurai) Private Limited, Dibang Infra Projects Private Limited, Koleshwari Infracons Private Limited, Bhilwara-Rajsamand Tollway Private Limited, Rana Engineering Co.(India) Private Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
Sourabh Gupta ceased to be Manager on 07 May 2025. Tara Chand Gupta was appointed as Director on 22 Jan 2025. Manish Kumar Agarwal ceased to be Director on 25 Dec 2024. Ridcor Infra Projects has 46 board changes on record in total.
Ridcor Infra Projects has 13 MSME Form 1 returns on record between 2018 and 2023, listing 81 overdue payments to 13 micro and small suppliers. The latest return was filed on 04 Nov 2023.