Maharashtra Rail Infrastructure Development Corporation Limited

Joint venture developing rail infrastructure projects in Maharashtra, including Pune-Nasik and Nagpur-Neighbor.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: December 31, 2024

Maharashtra Rail Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 7,076.00 Cr
  • Paid Up Capital ₹ 661.56 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 940.00 Cr
  • Revenue Growth 215.24%
  • Profit Growth 659.53%
  • Ebitda 1220.87%
  • Net Worth 220.69%
  • Total Assets 88.07%

About Maharashtra Rail Infrastructure Development Corporation

Maharashtra Rail Infrastructure Development Corporation Limited (MRIDCL) is a Private Limited State Government Company incorporated in India on 08 August 2017 (Seven years and six months 16 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Maharashtra Rail Infrastructure Development Limited. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7,076.00 Cr and a paid-up capital of Rs 661.56 Cr.

The company currently has active open charges totaling ₹940.00 Cr.

The Key Managerial Personnel (KMP) at Maharashtra Rail Infrastructure Development Corporation Limited India is Abhijeet Singh as COMPANY SECRETARY. Sanjay Sethi, Om Gupta, Sujata Saunik, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maharail.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2017SGC298367

  • Company No.

    298367

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    08 Aug 2017

  • Date of AGM

    19 Mar 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Maharashtra Rail Infrastructure Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajesh Jaiswal Country flag representing In Managing Director13-Aug-2018Current
Abhijeet Singh Company Secretary12-May-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sujata Saunik Country flag representing In Nominee Director 30-Jun-2024Current
Sanjay Sethi Country flag representing In Nominee Director 23-Feb-2024Current
Om Gupta Country flag representing In Nominee Director 23-Feb-2024Current
Rajesh Garg Country flag representing In Nominee Director 20-Apr-2023Current
Sanjay Jha Country flag representing In Nominee Director 07-Mar-2024Current

Financial Performance of Maharashtra Rail Infrastructure Development Corporation.

Maharashtra Rail Infrastructure Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 215.24% increase. The company also saw a substantial improvement in profitability, with a 659.53% increase in profit. The company's net worth Soared by an impressive increase of 220.69%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
215.24%
Revenue from Operations
370.03%
Total Assets
88.07%
Profit or Loss
659.53%
Net Worth
220.69%
EBITDA
1220.87%

What is the Ownership and Shareholding Structure of Maharashtra Rail Infrastructure Development Corporation?

In 2023, Maharashtra Rail Infrastructure Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹940.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 940.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2024Others₹100.00 CrOpen
28 Jun 2021Others₹840.00 CrOpen

How Many Employees Work at Maharashtra Rail Infrastructure Development Corporation?

Maharashtra Rail Infrastructure Development Corporation has a workforce of 237 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maharashtra Rail Infrastructure Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maharashtra Rail Infrastructure Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maharashtra Rail Infrastructure Development Corporation

Recent activity within the organization

  • Director Appointment

    Sujata Manoj Saunik was appointed as a Nominee Director was appointed as a Nominee Director on 30 Jun 2024 & has been associated with this company since 7 months 24 days .

    30 Jun 2024

  • Annual General Meeting

    Maharashtra Rail Infrastructure Development Corporation Limited last Annual general meeting of members was held on 19 Mar 2024 as per latest MCA records.

    19 Mar 2024

  • Director Appointment

    Sanjay Kumar Jha was appointed as a Nominee Director was appointed as a Nominee Director on 07 Mar 2024 & has been associated with this company since 11 months 17 days .

    07 Mar 2024

  • Director Appointment

    Sanjay Jagdishchandra Sethi was appointed as a Nominee Director was appointed as a Nominee Director on 23 Feb 2024 & has been associated with this company since 11 months 30 days .

    23 Feb 2024

  • Director Appointment

    Om Prakash Gupta was appointed as a Nominee Director was appointed as a Nominee Director on 23 Feb 2024 & has been associated with this company since 11 months 30 days .

    23 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100850086 was registered on 16 Jan 2024.

    16 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Maharashtra Rail Infrastructure Development Corporation Limited was incorporated on 08 Aug 2017.

  • The authorized share capital of Maharashtra Rail Infrastructure Development Corporation Limited is ₹ 7,076.00 Cr and paid-up capital is ₹ 661.56 Cr.

  • Currently 7 directors are associated with Maharashtra Rail Infrastructure Development Corporation Limited.

    • Sanjay Jagdishchandra Sethi
    • Om Prakash Gupta
    • Sujata Manoj Saunik
    • Rajesh Kumar Jaiswal
    • Rajesh Kumar Garg
    • Sanjay Kumar Jha
    • Abhijeet Shivprakash Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharashtra Rail Infrastructure Development Corporation Limited is 2Nd Floor, Hoechst House Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Maharashtra Rail Infrastructure Development Corporation Limited is U74999MH2017SGC298367 and the company number is 298367 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharashtra Rail Infrastructure Development Corporation Limited is https://www.maharail.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maharashtra Rail Infrastructure Development Corporation Limited has risen by 215.24%.

  • As Per 2023 financial reports, 237 employees are currently employed by Maharashtra Rail Infrastructure Development Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maharashtra Rail Infrastructure Development Corporation Limited has experienced an upsurge of 220.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maharashtra Rail Infrastructure Development Corporation Limited amount to ₹ 940.00 Cr.

  • The most recent Balance Sheet for Maharashtra Rail Infrastructure Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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