Jaipur Metro Rail Corporation Limited

What Jaipur Metro Rail Corporation Limited does

Jaipur Metro Rail Corporation Limited (JMRC) is a state-owned Public Sector Undertaking fully owned by the Government of Rajasthan, operating India's sixth metro rail system. Established in 2010 and headquartered in Jaipur, the corporation began commercial operations on Phase 1A in June 2015 and extended service with the underground Phase 1B in September 2020, bringing the operational network to roughly 12 km across 11 stations (two of which are underground at Chhoti Chaupar and Badi Chaupar). The system runs 202 passenger trains per day in four-coach formations and includes India's first double-storey elevated road-and-metro track design, combining rail and road infrastructure on a shared right-of-way.

JMRC's core product is rapid urban transit serving daily commuters across Jaipur, with adjunct services including metro feeder buses for last-mile connectivity, station parking, and reloadable smart cards. The company is migrating from a physical token system (which suffered losses exceeding 79,000 tokens) to a QR-code ticketing mechanism, initially on paper and later via WhatsApp and mobile apps.

JMRC generates revenue primarily through distance-based fare collection across its two phases, complemented by smart card recharges (a recurring subscription stream) and short-term licensing of station assets for photography, videography, events, and commercial tenancy. Marketing and passenger engagement run through the official government portal, citizen help-lines (Sampark Portal, CM Help Line, JanSoochna), and direct station channels. As a state PSU under the Urban Development Department, JMRC has no external private investors and operates within government-set fare structures and oversight.

Name

Jaipur Metro Rail Corporation Limited

Legal name

Jaipur Metro Rail Corporation Limited

Website

https://jaipurmetrorail.in

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Jaipur Metro Rail Corporation Limited is a Government of Rajasthan-owned PSU operating India's sixth metro rail system, running 202 daily trains across 11 stations and ~12 km of elevated and underground route, serving Jaipur's urban commuters with fare-based rapid transit, smart cards, QR ticketing, and station commercial space.

Ownership category

akta.pro rank

Product category

Urban Metro Rail Services

NAICS

Urban Transit Systems (4851), Commuter Rail Systems (485112), Rail Transportation (482)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Railroads, Line-Haul Operating (4011)

akta.pro primary industry

Metro/Subway Operators (THAIABAA)

akta.pro secondary industries

Metro/Urban Rail Operators (Integrated Multimodal Agencies) (TLAFAEAG), Metro/Subway Stations (THAIALAB), Urban Rail Accessibility & Passenger Assistance Services (THAIABAK), Urban Rail Replacement & Supplemental Bus Services (Rail Disruption/Planned Works) (THAIABAL)

Keywords

• Urban metro rail services
• Public transit operations
• Metro fare collection
• Smart card ticketing
• Last mile feeder transport

Headquarters

HQ city

JAIPUR

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Others, Technology or R&D

Revenue model

1. Metro Fare Collection: Revenue generated from passenger fares for metro travel across Phase 1A (Mansarovar to Chandpole Bazaar) and Phase 1B (Chandpole to Badi Chaupar)
2. Smart Card Sales: Sale and recharging of smart cards for metro travel
3. Licensing and Commercial Space: Revenue from short-term licenses for photography, videography, and events at metro stations; commercial spaces at stations

Pricing tiers

Distribution channels3 records

Marketing channels2 records

Core offering

Jaipur Metro Rail Corporation Limited operates a rapid transit metro rail service in Jaipur, Rajasthan, connecting Mansarovar to Badi Chaupar via Phase 1A (9.63 km elevated route) and Phase 1B (2.4 km underground route) across 11 stations. The company sells passenger transportation via tokens, QR-coded paper tickets, and reloadable Smart Cards, supplemented by metro feeder services, station parking, and licensing of station commercial space.

Product overview

Jaipur Metro Rail Corporation operates a rapid transit metro rail system in Jaipur, Rajasthan. The company offers core metro rail transportation services across two phases: Phase 1A (elevated 9.63 km route from Mansarovar to Chandpole Bazaar) and Phase 1B (2.4 km underground route from Chandpole to Badi Chaupar). The product portfolio includes ticketing solutions (Smart Cards, QR Code Ticketing), Metro Feeder Service for last-mile connectivity, and parking facilities at stations. The metro system comprises 11 stations with 4 coaches per train and operates 202 passenger trains per day.

Differentiator

Problem solved

Functional benefit

Products and services

• Jaipur Metro Rail Service Rapid transit metro rail service in Jaipur, Rajasthan, operating Phase 1A (9.63 km elevated route from Mansarovar to Chandpole Bazaar) and Phase 1B (2.4 km underground route from Chandpole to Badi Chaupar), serving general public commuters across 11 stations with 202 daily trains.
• Smart Card Reloadable smart card sold at metro stations and designated outlets as an alternative to single-use tokens for frequent metro commuters in Jaipur.
• Metro Feeder Service Connecting transport service providing last-mile connectivity between Jaipur Metro stations and surrounding residential/commercial areas for metro commuters.
• Parking at Metro Stations Parking facilities at Jaipur Metro stations for commuters using personal vehicles, supporting park-and-ride access to the metro network.
• QR Code Ticketing System New QR-code-based metro ticketing offering replacing the legacy token system, initially delivered as paper QR tickets and planned to migrate to a paperless online model via WhatsApp and mobile apps for Jaipur Metro commuters.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Chennai Metro Rail Limited (CMRL): Government-owned metro operator in Chennai running elevated and underground metro lines. Direct peer in operating model, governance structure and Indian urban transit context.
• Kochi Metro Rail Limited (KMRL): Government-owned metro operator in Kochi running an urban metro line with elevated sections. Comparable as a state-government-led Indian metro of similar scale and operational profile to JMRC.
• Bangalore Metro Rail Corporation (BMRCL / Namma Metro): Operates Namma Metro, a state-government-built urban metro in Bangalore with elevated and underground sections. Directly comparable in business model, customer base and operational structure as a government-owned Indian urban metro.
• Kolkata Metro Rail Corporation: India's oldest metro system, operated under Indian Railways with elevated and underground sections in Kolkata. Closely comparable as a legacy Indian urban metro with similar fare-based revenue and PSU-style governance.
• Mumbai Metro One (MMRDA / MMOPL): Operates metro Line 1 in Mumbai under a public-private model with Reliance Infrastructure. Comparable urban metro rail operator in an Indian Tier-1 city, focused on fare collection and station-area commercialization.
• Delhi Metro Rail Corporation: India's largest and most-established metro operator, running an extensive multi-line urban metro network in Delhi NCR. Directly comparable as an Indian urban metro rail operator serving daily commuters with fare-based and station-commerce revenue streams.
• Noida Metro Rail Corporation (NMRC): Operates the Aqua Line metro between Noida and Greater Noida under state-government ownership. Comparable as a smaller, government-led Indian urban metro operator serving commuter traffic on a single corridor.
• Nagpur Metro Rail Corporation (Maha Metro): Joint central-state PSU operating the Nagpur Metro with elevated sections. Comparable as a government-owned Indian urban metro operator with similar fare-collection and station-commerce revenue streams.
• Lucknow Metro Rail Corporation (UPMRC): Operates the Lucknow Metro, a state-government-owned urban metro in a Tier-2 Indian city. Comparable in governance, network scale and fare-based revenue model to JMRC.
• L&T Metro Rail (Hyderabad Metro): Privately built and operated metro in Hyderabad by L&T under a PPP concession. Comparable urban metro rail operator in India, sharing ridership, fare and station-revenue dynamics with JMRC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jaipur-metro-rail-corporation-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jaipur Metro Rail Corporation Limited