IRB Infrastructure Developers is primarily a holding company of the IRB group, engaged in infrastructure development and real estate. The assets of the IRB Group are held by and business operations conducted through the various subsidiaries of the company. It was incorporated as a private limited company on Jul. 27, 1998, and became a public limited company with the present name on Nov. 27, 2006. The business model involves construction, development and operation of infrastructure development projects; engineering, procurement and construction work for construction projects on a contractual basis.
It is one of the leading private developers in Western India having executed build-operate-transfer (BOT) projects like the Thane-Bhiwandi By-Pass Road, the prestigious Mumbai-Pune Expressway and NH 4 BOT project. It collects toll revenue of approximately Rs 10 million per day, manages approximately 5 Km of tunnels on the Mumbai-Pune Expressway and Khambatki Ghat, and has executed BOT/funded projects of around 1,200 Km of highways and roads for clients like MoRST&H, NHAI, MSRDC, PWD, World Bank, and others. The aggregate size of BOT projects executed/under execution is around Rs 33,000 million and the order book position is Rs 23,864.86 million as on Jun. 30, 2007. BOT projects under its fold include the four laning and improvement of Mumbai-Pune section NH-4 at a capitalized cost of Rs 13,016.40 million.
As part of its master plan for a mega township, the company obtained approximately 925 acres of land in the Pune district of Maharashtra and intends acquiring approximately 475 acres additionally. Subsidiaries include Ideal Road Builders, ATR Infrastructure, Aryan Toll Road, Mhaiskar Infrastructure, IDAA Infrastructure, NKT Road and Toll, IRB Infrastructure, MMK Toll Road, Modern Road Makers, Thane Ghodbunder Toll Road, Aryan Infrastructure Investments. The registered office is located at 3rd Floor, IRB Complex, Chandivli Farm, Chandivli Village, Andheri (East), Mumbai-400072.
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