Ideal Road Builders Profile
Key Indicators
- Authorised Capital ₹ 61.00 Cr
- Paid Up Capital ₹ 61.00 Cr
- Company Age 47 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,741.95 Cr
- Satisfied Charges ₹ 514.06 Cr
- Revenue Growth -37.54%
- Profit Growth -26.09%
- Ebitda 297.31%
- Net Worth 6.79%
- Total Assets 8.65%
About Ideal Road Builders
Ideal Road Builders Private Limited (IRBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 1977 and has a history of 47 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Ideal Road Builders Limited. The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 61.00 Cr and a paid-up capital of Rs 61.00 Cr.
The company currently has active open charges totaling ₹1,741.95 Cr. The company has closed loans amounting to ₹514.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ideal Road Builders Private Limited India are Sudhir Hoshing as Ceo, Mehulkumar Patel as Company Secretary, and Tushar Kawedia as Cfo. Virendra Mhaiskar, Deepali Mhaiskar, Dhananjay Joshi, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101MH1977PTC019903
- Company No.
019903
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Oct 1977
- Date of AGM
18 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
What products or services does Ideal Road Builders Private Limited offer?
Ideal Road Builders Private Limited offers a wide range of products and services, including Building & Real Estate Developers, Road Construction.
Ideal Road Builders Private Limited
Explore comprehensive data for Ideal Road Builders Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ideal Road Builders?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushar Kawedia  | CFO | 26-Mar-2021 | Current |
| Sudhir Hoshing | CEO | 26-Mar-2021 | Current |
| Mehulkumar Patel | Company Secretary | 30-Sep-2014 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Virendra Mhaiskar | Director | 24-Oct-1993 | Current |
| Deepali Mhaiskar | Director | 31-Mar-2016 | Current |
| Dhananjay Joshi | Director | 31-Mar-2016 | Current |
| Omprakash Ashok | Director | 19-May-2020 | Current |
Financial Performance of Ideal Road Builders.
Ideal Road Builders Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.54% decrease. The company also saw a substantial fall in profitability, with a 26.09% decrease in profit. The company's net worth moved up by a moderate rise of 6.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ideal Road Builders?
In 2023, Ideal Road Builders had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Irb Infrastructure Developers Limited
Virendra Mhaiskar, Deepali Mhaiskar and 3 more are mutual person
- Irb Holding Private Limited
Virendra Mhaiskar and Deepali Mhaiskar are mutual person
- Mmk Toll Road Private Limited
Virendra Mhaiskar is a mutual person
- Irb Mp Expressway Private Limited
Virendra Mhaiskar, Dhananjay Joshi and 3 more are mutual person
- Irb Sindhudurg Airport Private Limited
Dhananjay Joshi is a mutual person
- Modern Road Makers P Ltd
Dhananjay Joshi, Sudhir Hoshing and 2 more are mutual person
Charges (Loans)
Open Charges
₹1,741.95 Cr
Satisfied Charges
₹514.06 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 1663.73 Cr
- Idbi Bank Ltd. : 40.00 Cr
- Sbi Bank : 31.25 Cr
- Bank Of India : 2.50 Cr
- Idbi Bank Limited : 1.67 Cr
- Others : 2.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2022 | Idbi Bank Limited | ₹1.67 Cr | Open |
| 27 Jun 2009 | Canara Bank | ₹1,100.00 Cr | Open |
| 22 Dec 2005 | Sbi Bank | ₹31.25 Cr | Open |
| 23 Aug 2005 | Canara Bank | ₹344.50 Cr | Open |
| 25 Oct 2004 | Canara Bank | ₹116.00 Cr | Open |
How Many Employees Work at Ideal Road Builders?
Ideal Road Builders has a workforce of 132 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ideal Road Builders, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ideal Road Builders's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Ideal Road Builders
Recent activity within the organization
- Annual General Meeting
Ideal Road Builders Private Limited last Annual general meeting of members was held on 18 Sep 2023 as per latest MCA records.
- Balance Sheet
Ideal Road Builders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Idbi Bank Limited amounted to Rs. 1.67 Cr with Charge ID 100581781 was registered on 23 May 2022.
- Director Appointment
Sudhir Rao Hoshing was appointed as a Ceo was appointed as a Ceo on 26 Mar 2021 & has been associated with this company since 3 years 11 months .
- Director Appointment
Omprakash Singh Ashok was appointed as a Director was appointed as a Director on 19 May 2020 & has been associated with this company since 4 years 10 months .
- Charges
A charge registered on 29 Nov 2012 via Charge ID 10391295 with L&T Infrastructure Finance Company Limited was fully satisfied on 06 Jan 2017.
Recent News, Updates & Announcement
- IRB Infra well-placed to ride NHAI’s monetization plan | Mint.
Investors are excited about the December toll collections where the road and highway developer saw nearly 26% year-on-year growth to ₹488 crore..
- Adani, Cube, IRB Infra, Canada’s CPPIB in race for 9 NHAI roads | Mint.
NHAI has put up the road stretches in UP, Jharkhand, Bihar and TN for toll-operate-transfer auctions.NHAI sets the initial estimated concession value (IECV) for the third TOT at ₹4,995.48 cr.
Frequently asked questions
What is the Incorporation or founding date of Ideal Road Builders Private Limited?
Ideal Road Builders Private Limited was incorporated on 07 Oct 1977.
What is authorized share capital and paid-up capital of Ideal Road Builders Private Limited?
The authorized share capital of Ideal Road Builders Private Limited is ₹ 61.00 Cr and paid-up capital is ₹ 61.00 Cr.
Who are the current board members & directors of Ideal Road Builders Private Limited?
Currently 7 directors are associated with Ideal Road Builders Private Limited.
- Virendra Dattatraya Mhaiskar
- Deepali Virendra Mhaiskar
- Dhananjay Krishnaji Joshi
- Omprakash Singh Ashok
- Sudhir Rao Hoshing
- Mehulkumar Natwarlal Patel
- Tushar Kantilal Kawedia
What is the registered address of Ideal Road Builders Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ideal Road Builders Private Limited is Off No-11Th Floor/1101 Hiranandani Knowledge Park Technology Street Hill Side Avenue, Powa I India, Mumbai, Maharashtra, 400076.
What is the corporate identification number (CIN) and company number of Ideal Road Builders Private Limited?
The corporate identification number (CIN) of Ideal Road Builders Private Limited is U70101MH1977PTC019903 and the company number is 019903 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ideal Road Builders Private Limited?
The Official website of Ideal Road Builders Private Limited is https://www.irb.co.in
What has been the recent revenue trend for Ideal Road Builders Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ideal Road Builders Private Limited has fallen by -37.54%.
How many employees does Ideal Road Builders Private Limited currently have?
As Per 2023 financial reports, 132 employees are currently employed by Ideal Road Builders Private Limited.
What change has been observed in the net worth of Ideal Road Builders Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ideal Road Builders Private Limited has experienced an upsurge of 6.79%.
What are the total open charges for Ideal Road Builders Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ideal Road Builders Private Limited amount to ₹ 1,741.95 Cr.
When was the last Balance Sheet of Ideal Road Builders Private Limited filed with the ROC?
The most recent Balance Sheet for Ideal Road Builders Private Limited was filed with the ROC on 31 Mar 2023.
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