pocketful logo light
pocketful logo light
K&R Rail Engineering Ltd logo

K&R Rail Engineering Ltd

NSE: BSE: 514360

₹21.90

(0.05%)

Mon, 14 Sept 2026, 10:35 pm

Company History

1977

  • M/s. Gupta Carpets International started export of hand made carpets and druggets as a partnership firm.

1983

  • The company was incorporated as a Private Limited company on 30.8.83.
  • The company took over the running business of M/s. Gupta Carpets International.
  • The company acquired assets and liabilities of M/s. Gupta Carpets International at book value for a net consideration of Rs.33.42 lacs.

1993

  • The company was converted into Public Limited w.e.f. 7.7.93.

1994

  • The company made its maiden public issue of 25,00,000 equity shares of Rs. 10/-each for cash at par aggregating to Rs.250 lacs.
  • The company installed 300 additional looms at Amritsar and Agra in April.
  • The company's shares were listed at Delhi, Bombay and Ludhiana Stock Exchanges.

1995

  • The company started trading and export of Readymade Garments and Hoisery.

1996

  • The company diversified its activities by starting trading and export of Readymade Garments and Hoisery.
  • The company made payment of advance of Rs.12.81 lacs towards imported plant and machinery.
  • The company made expenditure of Rs.21.36 lacs on construction of building.
  • The company raised share application money of Rs.62.80 lacs from the promoters.

2012

  • The company changed its name from Gupta Carpets International Ltd. to Axis Rail India Ltd.

2018

  • The company changed its name from Axis Rail India Ltd. to K&R Rail Engineering Ltd.

2023

  • The company signed the MOU with Muktinath Darshan Private Ltd. for execution of the Cable Car Project in Gandaki province of Nepal valued at 500 million US Dollar.

Open Your Free Demat Account

Enter your phone number