IRB Infrastructure Developers Limited (IRB) is one of the leading infrastructure development companies in India in road and highway sector with presence in Build-Operate-Transfer (BOT) and HAM space. The company has a portfolio of 17 owned projects and 7 projects under O&M contracts as a project manager for IRB InvIT. Of the 17 owned projects 7 projects are under operational BOT space; 3 under HAM space; 4 projects under Tolling & Construction another 2 projects under advanced stages of construction and 1 project under development stage. The company has successfully completed 7 Concessions till date. IRB Infrastructure Developers Limited was incorporated in 27th July of the year 1998 to fund the capital requirements of the IRB Group initiatives in the infrastructure sector and to build up the capabilities in handling BOT (Build operate and Transfer) projects. The Company undertakes development of various infrastructure projects in the road sector through several Special Purpose Vehicles. IRB's work spans from building of roads highways bridges and tunnels recently the company diversified its business into real estate development sector also. The Company had signed concession agreements for Thane Bhiwandi Bypass Phase II Khambatki Ghat project and Kaman Paygaon project based on the BOT basis in inception year of 1998 itself. During 1999-2000 all of the above agreements had successfully completed. IRB made a joint venture agreement with Mudajaya Corporation of Malaysia to execute the NHAI (National Highways Authority India) funded contract for Ratanpur to Himmatnagar section of NH 8 for 54 kms in the year 2001 and in the same year the company had signed agreement for Ahmadnagar-Karmala-Temburni Road project on a BOT basis. In the year 2002 IRB had signed rehabilitation works contract with the NHAI for Vadodara-Surat section of NH 8 in Gujarat and also signed agreement for the Mohol-Kurul-Kamti-Mandrup road on a BOT basis both agreement signed in the month of May. Followed agreement where signed in the year of 2003 in the month of February concession agreement for the Pune Sholapur Project and in the month of August agreement for the Pune Nashik project the above agreement based on a BOT basis.The construction activities in the Ahmadnagar-Karmala-Temburni Road project and Thane Bhiwandi Bypass BOT project - Phase II were completed in the month of August and December respectively in the year 2003. During the year 2004 IRB emerged as the highest bidder for Mumbai-Pune Expressway project by making upfront payment of Rs. 918 crore to MSRDC (Maharashtra State Road Development Corporation) for concession rights for a period of 15 years in the month of August. The Company had signed concession agreement and financial closure of the Mumbai Pune Expressway project of Rs. 1181.41 crore. IRB completed construction activities of the NH 4 and commencement of toll collection on the Mumbai - Pune Expressway. During the year of 2005 the company had signed agreement with the NHAI for the four-laning of (a) km 64-000 to km 94-000 and (b) Km 123 to km 153 of the Nagpur-Hyderabad section of NH 7 in the State of Maharashtra in the same year one more concession agreement was signed and financial closure of the Thane Ghodbunder project with financing of Rs.216.60 crore. In December the construction activities for Pune- Nashik project were completed. In the year 2006 IRB achieved financial closure of the Bharuch Surat project with financing of Rs. 1210.95 crore. IRB formed a consortium with Deutsche Bank AG Singapore to jointly pre-qualify for eight packages of four to six laning under NHDP in the month of January of the year 2007. In the same year IRB awarded the contract by the Ahmedabad Municipal Corporation (AMC) for the construction of Janmarg (Bus Rapid Transport System Project) from Narol Circle to Naroda Patiya in Ahmedabad for a total project cost of Rs. 132.99 crore. In the month of June IRB awarded the funded contract from the same AMC for construction of Janmarg (Bus Rapid Transport System Project) from Pirana-Danilimada-Maninagar-Narol in Ahmedabad for a total project cost of Rs. 78.36 crore.In September of the year 2007 IRB granted 'pre-qualified' status that entitled the IRB Group to submit request for proposals for certain NHDP Phase V road infrastructure projects namely the Chennai-Tada project on NH 5 the Gurgaon - Kotputli - Jaipur project on NH 8 the Surat - Dahisar project on NH 8 the Chilkaluripet - Vijayawada project on NH 5 and the Panipat - Jalandhar project on NH 1 and also in the same period the company had acquired IRBPL IRB Infra NKT TGTRPL and MIPL. IRB declared as successful bidder for the Projects of ' Six Lanning of Surat - Dahisar section of NH-8 from Km 263.00 to Km 502.00 (Length - 239 Km) in the state of Gujarat / Maharashtra to be executed as BOT Pattern under NHDP Phase - V' and Integrated Road Development Programme (IRDP) for Kolhapur City' in February of the year 2008. As at April 2008 the project had executed between NHAI and IRB Surat Dahisar Tollway Private Limited at New Delhi. In 2008 IRB Infrastructure Developers successfully raised Rs 944.57 crore through an initial public offer (IPO) which was priced at Rs 185 per share. In 2009 IRB Infrastructure Developers won its maiden airport project to set up a Greenfield airport at Sindhudurg in Maharashtra. During the year the company won Surat - Dahisar Project the first mega highway project of the country. The company was also awarded Integrated Road Development (IRD) programme in Kolhapur city. During the year the company won 3 National Highways Authority of India (NHAI) Projects viz. Amritsar - Pathankot in Punjab Talegaon - Amravati in Maharashtra and Jaipur - Deoli in Rajasthan.In 2010 the company won Tumkur Chitradurga BOT Project of NHAI on DBFOT pattern in the state of Karnataka. In 2011 the company was awarded Ahmedabad Vadodara Project the First ever Ultra Mega project of NHAI on BOT basis & DBFOT pattern in the state of Gujarat. In 2013 the company was awarded Goa/Karnataka Border to Kundapur Project on NH-17 in the state of Karnataka.In 2014 IRB Infrastructure Developers acquired M.V.R. Infrastructure and Tollways Pvt. Ltd. During the year IRB Infrastructure Developers was awarded 3 NHAI Projects on DBFOT Pattern viz. Soalpur - Yedeshi (Maharashtra) Yedeshi - Aurangabad (Maharashtra) and Kaithal - Rajasthan Border (Rajasthan).In 2015 IRB Infrastructure Developers successfully raised Rs 440 crore by way of QIP. During the year the company won project of Six Laning of Agra - Etawah section of NH-2. In 2016 IRB Infrastructure Developers won 3 Six Laning Projects of NHAI on DBFOT Pattern in the state of Rajasthan viz. Udaipur to Gujarat Border section on NH-8 Gulabpura to Chittorgarh section on NH-79 and Kishangarh to Gulabpura section of NH-79.In 2017 IRB Infrastructure Developers achieved COD for Kaithal - Rajasthan Border four laning highway project. It also executed Concession Agreement with NHAI for Kishangarh - Gulabpura Section of NH-79 & NH-79A. During the year the company launched India's first ever Infrastructure Investment Trust Fund and raised Rs 5032 crore.In 2018 IRB Infrastructure Developers bagged Hapur - Moradabad Bypass Project of 99.867 Kms under BOT space in Uttar Pradesh with cost outlay of Rs 3400 crore. The company also bagged another project of 23.74 Kms stretch on Vadodara - Mumbai Expressway in Gujarat under Hybrid Annuity (HAM) with cost outlay of Rs 2043 crore. During the year the company bagged 2 projects aggregating 94.80 Kms in Tamil Nadu under Hybrid Annuity Model (HAM) with cost outlay of Rs 3492 crore. During the year the company achieved COD for Solapur - Yedeshi four laning highway project in Maharashtra.