Our journey till the stage that we have reached today has been exciting. What makes it even more treasured is the manner in which we covered the journey so far.
Treading through land acquisition challenges, environment clearances, tough terrains, global economic meltdown, rising interest rates and rising raw material prices, the journey to reach here was not easy. It was our persistent, untiring efforts and unwavering focus that enabled us to continuously emerge as a bigger, stronger and better organisation.
FY 2007-08
Cumulative lane Kms
2,104
Key highlights
Initial Public Offering (IPO) oversubscribed and ₹944.6 Crs raised at an issue price of ₹185 per share
FY 2008-09
Cumulative lane Kms
3,506
Key highlights
Awarded:
Greenfield Airport Project in Sindhudurg, Maharashtra, IRB’s first-ever Airport Project through a Project Development Agreement with MIDC
Surat-Dahisar Project, India’s first mega highway project
Integrated Road Development (IRD) programme, Kolhapur
FY 2009-10
Cumulative lane Kms
4,768
Key highlights
Awarded three projects from NHAI:
Amritsar-Pathankot, Punjab
Talegaon-Amravati, Maharashtra
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Jaipur-Deoli, Rajasthan
FY 2010-11
Cumulative lane Kms
5,452
Key highlights
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Achieved financial closure for Amritsar-Pathankot, Talegaon-Amravati and Jaipur-Deoli projects
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Awarded and achieved financial closure of NHAI’s Tumkur-Chitradurga project, Karnataka
FY 2011-12
Cumulative lane Kms
6,439
Key highlights
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Awarded and achieved financial closure of the Ahmedabad-Vadodara Project, NHAI’s first-ever Ultra Mega highway project in Gujarat
FY 2012-13
Cumulative lane Kms
7,472
Key highlights
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Awarded Goa / Karnataka border to Kundapur Project NH-17 in Karnataka
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Acquired MVR Infrastructure and Tollways Pvt. Ltd.
FY 2013-14
Cumulative lane Kms
7,867
Key highlights
Awarded Solapur-Yedeshi Project, Maharashtra
Achieved financial closure for Goa-Kundapur Project
FY 2014-15
Cumulative lane Kms
9,846
Key highlights
Awarded:
Mumbai-Pune Phase II Project by MSRDC
Yedeshi-Aurangabad Project, Maharashtra by NHAI
Kaithal-Rajasthan Border Project, Haryana by NHAI
Agra-Etawah six laning project on NH-2
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Achieved financial closure for Solapur-Yedeshi and Yedeshi-Aurangabad Projects
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Successfully raised ₹440 Crs by way of QIP
FY 2015-16
Cumulative lane Kms
9,846
Key highlights
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Received registration for India’s first Infrastructure Investment Trust – IRB InvIT Fund
Awarded Agra-Etawah Project, Uttar Pradesh
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Commenced toll collection on NH-8 arm of Ahmedabad-Vadodara Project
FY 2016-17
Cumulative lane Kms
11,828
Key highlights
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Commenced construction and tolling operation at the Agra-Etawah project
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Awarded three projects in Rajasthan from NHAI for which financial closure is underway:
Udaipur-Gujarat Border project
Gulabpura-Chittorgarh project
Kishangarh-Gulabpura project
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Launched IRB InvIT Fund, first Infrastructure Investment Trust in India, in May 2017
