IRB Infrastructure Developers Ltd Company Profile: Products, Promoters and Client
Question 1: What are the products and services of IRB Infrastructure Developers Ltd?
IRB Infrastructure Developers Limited builds infrastructure in India. The company mainly focuses on two areas: Built, Operated, and transferred (BOT) and toll operated and transferred (TOT), along with construction work. It specializes in developing, operating, and maintaining roads. IRB also provides services in real estate, hospitality, and airport development and acts as an investment manager. The company was founded in 1998 and is based in Mumbai, India.
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1. Operation and Maintenance (O&M):Highways and Road Construction:
- Build-Operate-Transfer (BOT) Projects: IRB develops and manages highways under the BOT model, where they finance, construct, and operate the highways for a specified period before transferring them back to the government. Key projects include the Ahmedabad-Vadodara expressway and the Mumbai-Pune expressway.
- Hybrid Annuity Model (HAM) Projects: These projects combine aspects of both EPC (Engineering, Procurement, and Construction) and BOT models, reducing the financial burden on the developer. IRB is active in several HAM projects.
- Toll-Operate-Transfer (TOT) Projects: IRB also participates in TOT projects where existing highway projects are operated and maintained under a long-term lease agreement. Notable projects include the Nehru Outer Ring Road in Hyderabad and the Kishangarh-Gulabpura six-lane project in Rajasthan.
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2. Operation and Maintenance (O&M):
- IRB manages the operation and maintenance of completed highways, ensuring they remain in optimal condition for safe and efficient transport. This includes routine maintenance, toll collection, and traffic management.
3. Airport Infrastructure:
- The company has expanded its operations to include airport infrastructure development. A notable project is the Sindhudurg Airport in Maharashtra, enhancing connectivity in the region.
4. Real Estate Development:
- Apart from infrastructure, IRB is also involved in real estate development, leveraging its construction expertise to develop commercial and residential properties.
Question 2: Who are the promoters of IRB Infrastructure Developers Ltd?
The promoters of IRB Infrastructure Developers Ltd are Virendra D Mhaiskar, Deepali V Mhaiskar, Jose Angel Tamariz Martel Goncer, Ravindra Dhariwal, Chandrashekhar S Kaptan, Sunil H Talati, Sandeep J Shah, Priti Savla.
Question 3. Who are the clients of IRB Infrastructure Developers Ltd?
IRB Infrastructure Developers Ltd.'s clients include the National Highways Authority of India (NHAI), Maharashtra State Road Development Corporation (MSRDC), Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), and Hyderabad Metropolitan Development Authority (HMDA), having worked on projects such as the Mumbai-Pune Expressway, Yamuna Expressway, and various other highway and toll projects across India.
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