Iron Triangle Limited

Company executes infrastructure projects and offers design, planning, and construction management services for government and private clients.

2002 | Rajkot, Gujarat (India) | Active
Last Updated:

Iron Triangle Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.62 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,023.96 Cr
  • Satisfied Charges ₹ 568.17 Cr
  • Revenue Growth 14.96%
  • Profit Growth 11.82%
  • Ebitda 7.28%
  • Net Worth 9.32%
  • Total Assets -3.24%

About Iron Triangle

Iron Triangle Limited (ITL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 2002 and has a history of 22 years and seven months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Backbone Enterprises 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.62 Cr.

The company currently has active open charges totaling ₹1,023.96 Cr. The company has closed loans amounting to ₹568.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kishorkumar Viramgama, Bhovan Rangani, Trupalkumar Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    irontriangle.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45203GJ2002PLC040988

  • Company No.

    040988

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Iron Triangle?

Executive Team (1)

NameDesignationAppointment DateStatus
Kishorkumar Viramgama Country flag representing In Managing Director23-Jul-2002Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhovan Rangani Country flag representing In Whole-Time Director 23-Jul-2002Current
Trupalkumar Patel Country flag representing In Director 13-Jul-2018Current
Ankur Pachani Country flag representing In Whole-Time Director 15-Oct-2019Current
Megha Samdani Country flag representing In Director 01-Apr-2022Current
Abhijeet Javia Country flag representing In Director 15-Feb-2024Current

Financial Performance of Iron Triangle.

Iron Triangle Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.96% increase. The company also saw a substantial improvement in profitability, with a 11.82% increase in profit. The company's net worth moved up by a moderate rise of 9.32%.

Iron Triangle revenue growth over time
Iron Triangle 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
14.96%
Revenue from Operations
15.53%
Total Assets
-3.24%
Profit or Loss
11.82%
Net Worth
9.32%
EBITDA
7.28%

What is the Ownership and Shareholding Structure of Iron Triangle?

In 2023, Iron Triangle had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,023.96 Cr

Satisfied Charges

₹568.17 Cr

Charges Breakdown by Lending Institutions

  • Others : 408.03 Cr
  • Oriental Bank Of Commerce : 225.00 Cr
  • Hdfc Bank Limited : 167.70 Cr
  • Standard Chartered Bank : 123.00 Cr
  • State Bank Of India : 90.00 Cr
  • Others : 10.23 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2024Others₹50.00 CrOpen
30 Jun 2021Hdfc Bank Limited₹1.82 MOpen
27 Mar 2019Hdfc Bank Limited₹29.43 CrOpen
26 Nov 2018Hdfc Bank Limited₹60.00 CrOpen
26 Jul 2018Others₹75.00 CrOpen

How Many Employees Work at Iron Triangle?

Iron Triangle has a workforce of 102 employees as of Apr 07, 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.

Employee growth trends for Iron Triangle Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Iron Triangle, 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 Iron Triangle'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 Iron Triangle

Recent activity within the organization

  • Charges

    A charge registered on 08 May 2017 via Charge ID 100105248 with Yes Bank Limited was fully satisfied on 09 Oct 2024.

  • Annual General Meeting

    Iron Triangle Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100947486 was registered on 25 Jun 2024.

  • Charges

    A charge registered on 19 Feb 2015 via Charge ID 10556321 with Oriental Bank Of Commerce was fully satisfied on 06 Jun 2024.

  • Balance Sheet

    Iron Triangle Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 21 Dec 2013 with Charge ID 10467590 was modified on 26 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Iron Triangle Limited?

    Iron Triangle Limited was incorporated on 23 Jul 2002.

  • What is authorized share capital and paid-up capital of Iron Triangle Limited?

    The authorized share capital of Iron Triangle Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.62 Cr.

  • Who are the current board members & directors of Iron Triangle Limited?

    Currently 6 directors are associated with Iron Triangle Limited.

    • Kishorkumar Virji Viramgama
    • Bhovan Parshottam Rangani
    • Trupalkumar Jayantibhai Patel
    • Ankur Bhupendrakumar Pachani
    • Megha Kamal Samdani
    • Abhijeet Prafulbhai Javia

  • What is the registered address of Iron Triangle Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Iron Triangle Limited is Backbone House M-43 Housing Board Kalavad Road, India, Rajkot, Gujarat, 360002.

  • What is the corporate identification number (CIN) and company number of Iron Triangle Limited?

    The corporate identification number (CIN) of Iron Triangle Limited is U45203GJ2002PLC040988 and the company number is 040988 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Iron Triangle Limited?

    The Official website of Iron Triangle Limited is https://www.irontriangle.in

  • What has been the recent revenue trend for Iron Triangle Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Iron Triangle Limited has risen by 14.96%.

  • How many employees does Iron Triangle Limited currently have?

    As Per 2023 financial reports, 102 employees are currently employed by Iron Triangle Limited.

  • What change has been observed in the net worth of Iron Triangle Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Iron Triangle Limited has experienced an upsurge of 9.32%.

  • What are the total open charges for Iron Triangle Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Iron Triangle Limited amount to ₹ 1,023.96 Cr.

  • When was the last Balance Sheet of Iron Triangle Limited filed with the ROC?

    The most recent Balance Sheet for Iron Triangle Limited was filed with the ROC on 31 Mar 2024.

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