Iron Triangle Limited Company Logo

Iron Triangle Limited - Company Profile

It is a infrastructure and utilities public limited company based in Rajkot, Gujarat, India, established in 2002.

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

About Iron Triangle Limited

Iron Triangle Limited, a active public limited company, was established on 23 July 2002 in Rajkot, Gujarat, India. Engaging in general construction services within the construction sector, it holds CIN: U45203GJ2002PLC040988. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.62 Cr.

Formerly known as Backbone Enterprises Limited. It upholds a compliant status. Employing 102 professional, Its leadership includes Abhijeet Prafulbhai Javia (Director), Bhovan Parshottam Rangani (Whole-Time Director), Ankur Bhupendrakumar Pachani (Whole-Time Director). Past directors included Abhijeet Prafulbhai Javia, Bhupendrakumar Trikamji Pachani, Ashish Anilkumar Amdavadi. It holds ₹1,034.63 Cr open charges and ₹607.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Backbone House, M-43 Gujarat Housing Board, Kalavad Road,, Rajkot, Gujarat, 360002.

Company Details

  • CIN/LLPIN

    U45203GJ2002PLC040988

  • Registration Number

    040988

  • Incorporation Date

    23 July 2002

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹6.62 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.62 Cr
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,034.63 Cr
  • Satisfied Charges ₹ 607.50 Cr
  • Revenue Growth 14.96%
  • Profit Growth 11.82%
  • Ebitda 7.28%
  • Net Worth 9.32%
  • Total Assets -3.24%
Company report

Iron Triangle Limited

Company Report FY 2025-2026

Explore comprehensive insights into Iron Triangle Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Abhijeet Prafulbhai JaviaDirector20 Jan 2024Current
Bhovan Parshottam RanganiWhole-Time Director23 Jul 2002Current
Ankur Bhupendrakumar PachaniWhole-Time Director15 Oct 2019Current
Kishorkumar Virji ViramgamaManaging Director23 Jul 2002Current
Megha Kamal SamdaniDirector01 Apr 2022Current
Trupalkumar Jayantibhai PatelDirector13 Jul 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director21 Mar 2024Past
Pramod AbcsddWhole-Time Director25 Sep 2019Past
Pramod AbcsddCompany Secretary31 May 2021Past
Pramod AbcsddDirector25 Feb 2022Past
Pramod AbcsddDirector01 Apr 2010Past
Pramod AbcsddDirector30 Sep 2022Past

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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.

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Charges (Loans)

Open Charges

₹10,346,292,000.00

Satisfied Charges

₹6,074,981,834.00

Charges Breakdown by Lending Institutions

  • Others : 458.03 Cr
  • Oriental Bank Of Commerce : 225.00 Cr
  • Hdfc Bank Limited : 138.27 Cr
  • Standard Chartered Bank : 123.00 Cr
  • State Bank Of India : 90.00 Cr
  • Others : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jun 2024Others₹75.00 CrOpen
30 Jun 2021Hdfc Bank Limited₹1.82 MOpen
26 Nov 2018Hdfc Bank Limited₹60.00 CrOpen
26 Jul 2018Others₹75.00 CrOpen
28 Mar 2018Others₹1.08 CrOpen

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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

    The activity A charge with Others of Rs. 75.00 Cr registered on 25 Jun 2024 with Charge ID 100947486 was modified on 25 Jul 2025. was completed.

  • Charges

    Progress on A charge with Others of Rs. 100.00 Cr registered on 06 Mar 2013 with Charge ID 10409924 was modified on 12 May 2025. was documented.

  • Charges

    Progress on A charge registered on 27 Mar 2019 via Charge ID 100251134 with Hdfc Bank Limited was fully satisfied on 24 Apr 2025. was documented.

  • Charges

    The activity A charge registered on 28 Jan 2016 via Charge ID 10617013 with Sbicap Trustee Company Limited was fully satisfied on 28 Nov 2024. was completed.

  • Charges

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

  • Annual General Meeting

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

Frequently Asked Questions

  • What is the CIN of Iron Triangle Limited?

    The CIN of Iron Triangle Limited is U45203GJ2002PLC040988.

  • Where is Iron Triangle Limited headquartered?

    Iron Triangle Limited is headquartered at Backbone House, M-43 Gujarat Housing Board, Kalavad Road,, Rajkot, Gujarat, 360002.

  • When was Iron Triangle Limited incorporated?

    Iron Triangle Limited was incorporated on 23 July 2002.

  • Who are the current directors of Iron Triangle Limited?

    The current directors of Iron Triangle Limited are

  • What is the primary industry of Iron Triangle Limited?

    The primary industry of Iron Triangle Limited is Construction.

  • Is Iron Triangle Limited a listed company?

    Iron Triangle Limited is unlisted.

  • What is the capital structure of Iron Triangle Limited?

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

  • What is the compliance status of Iron Triangle Limited?

    The compliance status of Iron Triangle Limited is Compliant.

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