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
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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 2025, with the balance sheet filed on 31 March 2025. It is based at Backbone House, M-43 Gujarat Housing Board, Kalavad Road,, Rajkot, Gujarat, 360002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.62 Cr
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Abhijeet Prafulbhai Javia Director 20 Jan 2024 Current
Bhovan Parshottam Rangani Whole-Time Director 23 Jul 2002 Current
Ankur Bhupendrakumar Pachani Whole-Time Director 15 Oct 2019 Current
Kishorkumar Virji Viramgama Managing Director 23 Jul 2002 Current
Megha Kamal Samdani Director 01 Apr 2022 Current
Trupalkumar Jayantibhai Patel Director 13 Jul 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 21 Mar 2024 Past
Pramod Abcsdd Whole-Time Director 25 Sep 2019 Past
Pramod Abcsdd Company Secretary 31 May 2021 Past
Pramod Abcsdd Director 25 Feb 2022 Past
Pramod Abcsdd Director 01 Apr 2010 Past
Pramod Abcsdd Director 30 Sep 2022 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
25 Jun 2024 Others ₹75.00 Cr Open
30 Jun 2021 Hdfc Bank Limited ₹1.82 M Open
26 Nov 2018 Hdfc Bank Limited ₹60.00 Cr Open
26 Jul 2018 Others ₹75.00 Cr Open
28 Mar 2018 Others ₹1.08 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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Latest Updates, News, and FAQs on Iron Triangle
Recent Activity within the Organization
  • Annual General Meeting

    Iron Triangle Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • 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

    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 recorded as a recent event.

  • 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.

  • Balance Sheet

    Progress on Iron Triangle Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    A charge registered on 28 Jan 2016 via Charge ID 10617013 with Sbicap Trustee Company Limited was fully satisfied on 28 Nov 2024. was recorded as a recent event.

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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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