- #403 Virendra Mhaiskar ₹9,200 Cr

About Irb Holding Private Limited
Data last updated:
Irb Holding Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 12 August 2005 and has been in existence for over 21 years.
Its director Virendra Mhaiskar is #403 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH2005PTC155334. Its GSTIN is 27AABCI5921J1ZI (Maharashtra).
The company has an authorised share capital of ₹5,446 Cr and a paid-up capital of ₹3,951.86 Cr. It was formerly known as Ideal Soft Tech Park Private Limited and Mhaiskar Ventures Private Limited. It is led by directors Deepali Virendra Mhaiskar and Virendra Dattatraya Mhaiskar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Irb Complex Chandivali Farmchandivali Village Andheri (East), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹149.47 Cr, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹2,708.57 Cr and EBITDA of ₹921.87 Cr.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹100 Cr on record. The company has 5 deals on record (3 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹3,963.65 Cr; the latest was in March 2017. Its 6 peer companies in the Infrastructure industry (Infrastructure Services), with the same principal business activity (roads, railways, utility projects) are compared by revenue, 3 larger and 3 smaller; the largest is Jyoti Buildtech Private Limited with revenue of ₹156.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irb.co.in.
Company details
Name history
Irb Holding has undergone 2 name changes throughout its history. The company was previously known as Ideal Soft Tech Park Private Limited, and Mhaiskar Ventures Private Limited. The current legal name is Irb Holding Private Limited.
| Company Name | Status |
|---|---|
| Irb Holding Private Limited | Current |
| Ideal Soft Tech Park Private Limited | Previous |
| Mhaiskar Ventures Private Limited | Previous |
CIN history
Irb Holding has one previous CIN (Corporate Identification Number): U72200MH2005PTC155334. The current CIN is U45100MH2005PTC155334, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH2005PTC155334 | Current |
| U72200MH2005PTC155334 | Previous |
Recognitions & Rankings of Irb Holding
Contact details
Irb Holding Private Limited's registered office is in Mumbai, Maharashtra. Its website is irb.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIrb Complex Chandivali Farmchandivali Village Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Irb Holding Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Irb Holding Private Limited
FY 2024 filings availableIrb Holding Private Limited reported revenue of ₹149.47 Cr (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. EBITDA fell 78% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹921.87 Cr | ||||
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| Net Profit (PAT) | ₹2,708.57 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Irb Holding Private Limited, buy the company report.
Board of directors of Irb Holding Private Limited
Irb Holding has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepali Virendra Mhaiskar Also directs: Irb Infrastructure Developers Limited, VDM Ventures Private Limited, Ideal Road Builders Private Limited and 3 more | Director | 13 Aug 2005 | 21 Years 2 Months | Current |
| Virendra Dattatraya Mhaiskar Also directs: Irb Infrastructure Developers Limited, MMK Toll Road Private Limited, Irb MP Expressway Private Limited and 2 more | Director | 13 Aug 2005 | 21 Years 2 Months | Current |
Peer comparison
Irb Holding Private Limited is compared with the 6 companies closest to it by revenue in the Infrastructure industry (Infrastructure Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jyoti Buildtech Private Limited | ₹156.73 Cr (FY 2017) | -3.0% | New Delhi, Delhi, India | |||
| Intelliro Infratech Private Limited | ₹156.49 Cr (FY 2024) | -27.0% | Hyderabad, Telangana, India | |||
| Incor Lake City Projects Private Limited | ₹150.56 Cr (FY 2024) | 77.0% | Hyderabad, Telangana, India | |||
| Irb Holding Private Limitedthis company | ₹149.47 Cr (FY 2025) | ₹2,708.57 Cr | -98.0% | 3 | Mumbai, Maharashtra, India | |
| K2 Infragen Limited | ₹148.72 Cr (FY 2025) | 36.0% | Gurugram, Haryana, India | |||
| DK Infrastructure Private Limited | ₹146.99 Cr (FY 2017) | 41.0% | Mumbai, Maharashtra, India | |||
| Singla Constructions Limited | ₹143.33 Cr (FY 2025) | 4.0% | Chandigarh, India |
To see the full peer comparison of Irb Holding Private Limited, buy the company report.
Auditor
Irb Holding Private Limited is audited by Pawar Kuvadia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pawar Kuvadia & Associates | FY 2023 | 144574W |
Shareholding
The shareholding of Irb Holding Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Irb Holding Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2025 | 101130807 | Others | ₹100 Cr | Open | |
| 25 Nov 2024 | 101015963 | Others | ₹100 Cr | Satisfied |
To see the full charge records of Irb Holding Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Irb Holding Private Limited has 5 deals on record (3 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹3,963.65 Cr; the latest was in March 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Funding round | ₹3,950.86 Cr | Investors: Virendra Dattatraya Mhaiskar HUF, an individual |
| Mar 2016 | Acquisition | ₹18.22 Cr | Buyer: an individual |
| Mar 2015 | Rights issue | ₹4.38 Cr | Investors: Virendra Dattatraya Mhaiskar HUF |
| Sep 2010 | Funding round | ₹3 Cr | Investors: Virendra Dattatraya Mhaiskar HUF |
| Mar 2010 | Funding round | ₹9.79 Cr | Investors: Virendra Dattatraya Mhaiskar HUF, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Irb Holding Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Irb Holding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Irb Holding has 34 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Irb Holding Private Limited has a workforce of 3 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Irb Holding has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI5921J1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Irb Holding Private Limited, buy the company report.
Recent activity
Irb Holding Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Deepali Virendra Mhaiskar was appointed as Director on 13 Aug 2005.
News
Frequently asked questions
Irb Holding is an active private limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 12 August 2005 (21+ years old) and is registered under CIN U45100MH2005PTC155334.
Irb Holding has 2 current directors:
- Deepali Virendra Mhaiskar - Director
- Virendra Dattatraya Mhaiskar - Director
The latest financial statements of Irb Holding on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Irb Holding is 27AABCI5921J1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Irb Holding is U45100MH2005PTC155334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Irb Holding was incorporated on 12 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Irb Holding has 5 deals on record (3 funding rounds, 1 acquisition, 1 rights issue), with disclosed funding of ₹3,963.65 Cr; the latest was in March 2017.
The peers of Irb Holding by revenue are Jyoti Buildtech Private Limited, Intelliro Infratech Private Limited, Incor Lake City Projects Private Limited, K2 Infragen Limited, DK Infrastructure Private Limited and 1 more, all in the Infrastructure industry (Infrastructure Services), with the same principal business activity (roads, railways, utility projects).
Deepali Virendra Mhaiskar was appointed as Director on 13 Aug 2005. Virendra Dattatraya Mhaiskar was appointed as Director on 13 Aug 2005.
Irb Holding can be reached through the website irb.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Irb Holding is at Irb Complex Chandivali Farmchandivali Village Andheri East, Mumbai, Maharashtra, India – 400072.

