Ircon Vadodara Kim Expressway Limited

Newly incorporated company focused on building highways and roads in Vadodara, India.

2018 | Delhi (India) | Active
Last Updated: October 24, 2024

Ircon Vadodara Kim Expressway Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 724.12 Cr
  • Satisfied Charges ₹ 769.38 Cr
  • Revenue Growth -39.53%
  • Profit Growth 121.30%
  • Ebitda -84.81%
  • Net Worth 16.70%
  • Total Assets -0.85%

About Ircon Vadodara Kim Expressway

Ircon Vadodara Kim Expressway Limited (IVKEL) is a Public Limited Union Government Company incorporated in India on 16 May 2018 (Six years and nine months 9 days old ). Its registered office is in Delhi, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹724.12 Cr. The company has closed loans amounting to ₹769.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ircon Vadodara Kim Expressway Limited India are Nitesh Kumar as Ceo, Raj Kumar as Cfo, and Shashwat Chaudhary as Company Secretary. Parag Verma, Masood Ahmad, Aradhana Garg, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ircon.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2018GOI334028

  • Company No.

    334028

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    16 May 2018

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Ircon Vadodara Kim Expressway?

Executive Team (3)

NameDesignationAppointment DateStatus
Nitesh Kumar Country flag representing In CEO22-Dec-2020Current
Raj Kumar CFO20-Nov-2018Current
Shashwat Chaudhary Company Secretary09-Oct-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Parag Verma Country flag representing In Nominee Director 29-Dec-2021Current
Masood Ahmad Country flag representing In Nominee Director 02-Aug-2021Current
Aradhana Garg Country flag representing In Nominee Director 05-Feb-2024Current
Rabindra Jaiswal Country flag representing In Nominee Director 06-May-2024Current

Financial Performance of Ircon Vadodara Kim Expressway.

Ircon Vadodara Kim Expressway Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 39.53% decrease. The company also saw a substantial improvement in profitability, with a 121.3% increase in profit. The company's net worth Soared by an impressive increase of 16.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-39.53%
Revenue from Operations
-79.07%
Total Assets
-0.85%
Profit or Loss
121.30%
Net Worth
16.70%
EBITDA
-84.81%

What is the Ownership and Shareholding Structure of Ircon Vadodara Kim Expressway?

In 2024, Ircon Vadodara Kim Expressway had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹724.12 Cr

Satisfied Charges

₹769.38 Cr

Charges Breakdown by Lending Institutions

  • Others : 724.12 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2021Others₹724.12 CrOpen
19 Nov 2018Others₹769.38 CrSatisfied

How Many Employees Work at Ircon Vadodara Kim Expressway?

Ircon Vadodara Kim Expressway has a workforce of 2 employees as of Oct 15, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ircon Vadodara Kim Expressway, 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 Ircon Vadodara Kim Expressway's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Ircon Vadodara Kim Expressway

Recent activity within the organization

  • Annual General Meeting

    Ircon Vadodara Kim Expressway Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Director Appointment

    Rabindra Kumar Jaiswal was appointed as a Nominee Director was appointed as a Nominee Director on 06 May 2024 & has been associated with this company since 9 months 18 days .

    06 May 2024

  • Balance Sheet

    Ircon Vadodara Kim Expressway Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Aradhana Garg was appointed as a Nominee Director was appointed as a Nominee Director on 05 Feb 2024 & has been associated with this company since 1 year 17 days .

    05 Feb 2024

  • Director Appointment

    Parag Verma was appointed as a Nominee Director was appointed as a Nominee Director on 29 Dec 2021 & has been associated with this company since 3 years 1 month .

    29 Dec 2021

  • Director Appointment

    Masood Ahmad was appointed as a Nominee Director was appointed as a Nominee Director on 02 Aug 2021 & has been associated with this company since 3 years 6 months .

    02 Aug 2021

Frequently asked questions

  • Ircon Vadodara Kim Expressway Limited was incorporated on 16 May 2018.

  • The authorized share capital of Ircon Vadodara Kim Expressway Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 7 directors are associated with Ircon Vadodara Kim Expressway Limited.

    • Parag Verma
    • Masood Ahmad
    • Aradhana Garg
    • Rabindra Kumar Jaiswal
    • Nitesh Kumar
    • Raj Kumar
    • Shashwat Chaudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ircon Vadodara Kim Expressway Limited is C-4, District Centre Saket India, New Delhi, 110017.

  • The corporate identification number (CIN) of Ircon Vadodara Kim Expressway Limited is U74999DL2018GOI334028 and the company number is 334028 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ircon Vadodara Kim Expressway Limited is https://www.ircon.org

  • According to the financial reports for the fiscal year 2024, the revenue trend for Ircon Vadodara Kim Expressway Limited has fallen by -39.53%.

  • As Per 2024 financial reports, 2 employees are currently employed by Ircon Vadodara Kim Expressway Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Ircon Vadodara Kim Expressway Limited has experienced an upsurge of 16.70%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Ircon Vadodara Kim Expressway Limited amount to ₹ 724.12 Cr.

  • The most recent Balance Sheet for Ircon Vadodara Kim Expressway Limited was filed with the ROC on 31 Mar 2024.

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