SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IRB’s arm achieves financial closure by tying up of project finance of Rs 910 crore

01 Sep 2014 Evaluate

IRB Infrastructure Developers’ wholly owned subsidiary - Solapur Yedeshi Tollway has achieved financial closure in terms of the Concession Agreement executed with NHAI, by tying up of Project finance of Rs 910 crore. The total cost of this project is Rs 1,492 crore, out of which viability gap funding from NHAI of Rs 189 crore, equity contribution by the company will be approximately Rs 393 crore and remaining will be funded through Project finance of Rs 910 crore. The average cost of this Project finance is approximately 11.75% per annum.

A Consortium of Lenders comprising of IDBI Bank - Lead Institution, India Infrastructure Finance Company (IIFCL), Canara Bank, Union Bank of India, Corporation Bank and Indian Overseas Bank have financed this project.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

20.31 0.06 (0.30%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3946.55
Kalpataru Projects 1351.30
Rail Vikas Nigam 232.80
NCC 146.20
KEC International 504.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: