IRB Infrastructure Developers Ltd - Company Profile
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IRB Infrastructure Developers Ltd (IRB) is a construction and development company. It undertakes the construction of various projects including BOT (build, operate and transfer) road, bridges and highway infrastructure projects. It performs operations through its subsidiaries spread across India and offers its services to government agencies including the National Highways Authority of India (NHAI), Maharashtra State Road Development Corporation Ltd (MSRDC), Ministry of Shipping, Road Transport and Highways (MoSRT&H) and Public Works Department (PWD). It carries out real estate development, the sale of electricity generated by windmills, hospitality and airport infrastructure. The company has projects in Gujarat, Maharashtra, Rajasthan, Haryana, Uttar Pradesh, Karnataka and Tamil Nadu. IRB is headquartered in Mumbai, Maharashtra, India.
IRB Infrastructure Developers Ltd premium industry data and analytics
Products and Services
Services |
---|
Real Estate Development |
Construction of Roads, Bridges, and Highways |
Built Operate Transfer (BOT) Projects |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In May, Samakhiyali Tollway Private Limited entered into a concession agreement with National Highway Authority of India for an upgradation of existing 4 lanes to 6 lanes of NH27 stretch of 90.90 Kms from Samakhiyali to Santalpur in the Gujarat on build-operate-transfer mode. |
2021 | Regulatory Approval | In December, the company received approval from Competition Commission of India to transfer 16.94% stake to Bricklayers Investment Pte. Ltd. |
2021 | Stake Sale | In December, the company sold its 24.90% to Cintra, a subsidiary of Ferrovial. |
Competitor Comparison
Key Parameters | IRB Infrastructure Developers Ltd | NCC Ltd | IL&FS Transportation Networks Ltd | Hindustan Construction Co Ltd | Jaiprakash Associates Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Mumbai | Hyderabad | Mumbai | Mumbai | New Delhi |
State/Province | Maharashtra | Telangana | Maharashtra | Maharashtra | Uttar Pradesh |
No. of Employees | 3,262 | 5,515 | 302 | 1,094 | 5,893 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Virendra D. Mhaiskar | Chairman; Managing Director | Executive Board | 2017 | - |
Rajpaul S. Sharma | Head - Project Monitoring and Evaluation; Deputy Chief Executive Officer | Senior Management | 2023 | - |
Amitabh Murarka | Deputy Chief Executive Officer; Chief Revenue Officer | Senior Management | 2023 | - |
Tushar Kawedia | Chief Financial Officer | Senior Management | - | - |
Ajay P. Deshmukh | Chief Executive Officer - Acquisitions & New Businesses | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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