Iron Triangle Limited - infrastructure and utilities in Rajkot, Gujarat, India. FY 2026 financials and compliance.
CIN U45203GJ2002PLC040988 Incorporated 23 July 2002 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹719.82 Cr
▼ 33.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6.62 Cr
Issued & subscribed
Open charges
₹944.63 Cr
Satisfied ₹697.5 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
102
Latest available

About Iron Triangle Limited

Data last updated: 18 February 2026

Iron Triangle Limited is a public limited company based in Rajkot, Gujarat, India. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 23 July 2002, the company has been in operation for over 24 years.

Registered with ROC Ahmedabad under CIN U45203GJ2002PLC040988.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.62 Cr. Formerly known as Backbone Enterprises Limited. It is led by directors including Abhijeet Prafulbhai Javia and Bhovan Parshottam Rangani.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Backbone House M – 43 Gujarat Housing Board Kalavad Road, Rajkot, Gujarat, India – 360002.

As per the financials filed for FY 2025, the company reported a revenue of ₹719.82 Cr, a decline of 33% compared to the previous year.

The company has a workforce of approximately 102 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Iron Triangle. As per MCA filings, the company has open charges of ₹944.63 Cr and satisfied charges of ₹697.5 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irontriangle.in.

Company Details of Iron Triangle Limited
CIN U45203GJ2002PLC040988
Registration Number 040988
Incorporation Date 23 July 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Backbone House M – 43 Gujarat Housing Board Kalavad Road, Rajkot, Gujarat, India – 360002
  • Industry
    Infrastructure and Utilities, General Construction Services
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Financials, compliance, directors, charges, ownership and filings for Iron Triangle Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Iron Triangle Limited

Iron Triangle Limited operates one associated brand: Iron Triangle. These brands represent Iron Triangle Limited's diversified market presence and brand portfolio.

Brand Description Website
Creates innovative technologies for residential and commercial properties. irontriangle.in

Competitors & Alternatives of Iron Triangle Limited

Brands and companies operating in the same space as Iron Triangle Limited include Godrej Properties, Vingroup, Nagarjuna Construction Company and 7 more.

Competitor Description Location Founded
Godrej Properties Godrej Properties Residential and commercial properties are developed by Godrej Properties. Mumbai, India, India 1990
Vingroup Vingroup Real estate development and management services are offered by Vingroup. Hanoi, Vietnam, Vietnam 1993
Nagarjuna Construction Company Nagarjuna Construction Company Commercial property development services are provided in India. Hyderabad, India, India 1978
Howard Hughes Howard Hughes Residential and commercial properties are developed across the United States. Dallas, United States, United States 2010
DLF India DLF India Provider of property and real estate development services Gurugram, India, India 1947
Lendlease Lendlease Sustainable project development and maintenance services are provided worldwide. Melbourne, Australia, Australia 1958
Frasers Property Frasers Property Residential and commercial properties are developed and managed across regions. Singapore, Singapore, Singapore 1924
Sunac Sunac Residential and commercial real estate development is conducted by Sunac. Shanghai, China, China 2003
STRABAG STRABAG Provider of construction management services Vienna, Austria, Austria 1835
Vanke Vanke Real estate properties are developed in over 50 cities. Shenzhen, China, China 1984

Business Activity of Iron Triangle Limited

Iron Triangle Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F2 Roads, railways, Utility projects Locked
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Business activity turnover details for Iron Triangle Limited

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Auditor Details of Iron Triangle Limited

Iron Triangle Limited is audited by R. JAVIYA & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
R. JAVIYA & CO. Locked Locked Locked
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Complete auditor history for Iron Triangle Limited

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Board of Directors of Iron Triangle Limited

Iron Triangle Limited is currently managed by 6 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Abhijeet Prafulbhai Javia Director 20 Jan 2024 2 Years 6 Months Current
Bhovan Parshottam Rangani Whole-Time Director 23 Jul 2002 24 Years 0 Months Current
Ankur Bhupendrakumar Pachani Whole-Time Director 15 Oct 2019 6 Years 9 Months Current
Kishorkumar Virji Viramgama Managing Director 23 Jul 2002 24 Years 0 Months Current
Megha Kamal Samdani Director 01 Apr 2022 4 Years 4 Months Current
Trupalkumar Jayantibhai Patel Director 13 Jul 2018 8 Years 0 Months Current

Financials of Iron Triangle Limited FY 2025 filings available

Iron Triangle Limited reported revenue of ₹719.82 Cr (down 33.00% YoY) for FY 2025.

Revenue · FY 2025
₹719.82 Cr ▼ 33.00%
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Ten-year financial statements for Iron Triangle Limited

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Ownership and Shareholding of Iron Triangle Limited

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Shareholding and ownership data for Iron Triangle Limited

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Group Structure of Iron Triangle Limited

Iron Triangle Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Iron Triangle Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
1
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Backbone Mnmp Highway Private Limited U45203GJ2011PTC067159 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Iron Triangle Limited

Open charges
₹944.63 Cr
Satisfied charges
₹697.5 Cr
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
G E Capital Tfs Ltd₹0.33 Cr
Latest charge details
DateLenderAmountStatus
25 Jun 2024 Others ₹75 Cr Open
30 Jun 2021 Hdfc Bank Limited ₹18.18 Lakh Open
26 Nov 2018 Hdfc Bank Limited ₹60 Cr Open
26 Jul 2018 Others ₹75 Cr Open
28 Mar 2018 Others ₹1.08 Cr Open

Total charge records: 159 View all charges

Employees and EPFO Compliance at Iron Triangle Limited

Iron Triangle Limited has a workforce of 102 employees as of Oct 10, 2025.

Employee count
102
Active EPFO establishments
1
Employee growth
-32.45%
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Employee and EPFO history for Iron Triangle Limited

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GST Compliance of Iron Triangle Limited

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GST registrations and filing compliance for Iron Triangle Limited

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Credit Ratings, Litigation & Regulatory Alerts for Iron Triangle Limited

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Credit ratings, litigation, and regulatory alerts for Iron Triangle Limited

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MSME Payment Delays by Iron Triangle Limited

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MSME payment history for Iron Triangle Limited

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Subsidiaries & Group Companies of Iron Triangle Limited

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Corporate group structure for Iron Triangle Limited

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MCA Filings & Documents of Iron Triangle Limited

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MCA filings and documents for Iron Triangle Limited

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Recent Activity on Iron Triangle Limited

Charges
13 Jan 2026
A charge registered on 30 Mar 2016 via Charge ID 100022503 with State Bank Of India was fully satisfied on 13 Jan 2026.
Activity
30 Sep 2025
Iron Triangle Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
25 Jul 2025
A charge with Others of Rs. 75.00 Cr registered on 25 Jun 2024 with Charge ID 100947486 was modified on 25 Jul 2025.
Charges
12 May 2025
A charge with Others of Rs. 100.00 Cr registered on 06 Mar 2013 with Charge ID 10409924 was modified on 12 May 2025.
Charges
24 Apr 2025
A charge registered on 27 Mar 2019 via Charge ID 100251134 with Hdfc Bank Limited was fully satisfied on 24 Apr 2025.
Activity
31 Mar 2025
Iron Triangle Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.

Frequently Asked Questions about Iron Triangle Limited

Iron Triangle Limited is an active public limited company in the infrastructure and utilities sector based in Rajkot, Gujarat, India. It was incorporated on 23 July 2002 (24+ years old) and is registered under CIN U45203GJ2002PLC040988. The company has 102 employees.

Iron Triangle Limited reported revenue of ₹719.82 Cr for FY 2025 (down 33.00% YoY).

The current directors of Iron Triangle Limited are:

The primary industry of Iron Triangle Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.

Iron Triangle Limited can be reached at the registered office: Backbone House M – 43 Gujarat Housing Board Kalavad Road, Rajkot, Gujarat, India – 360002, or through the website irontriangle.in.

The authorised capital is ₹10 Cr, and the paid-up capital is ₹6.62 Cr.

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