SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IRB Infrastructure’s arm ties-up for Project finance of Rs 1,756 crore

17 Mar 2015 Evaluate

IRB Infrastructure Developers’ wholly-owned subsidiary - Yedeshi Aurangabad Tollway, has achieved financial closure in terms of the Concession Agreement executed with NHAI, by tying up of Project finance of Rs 1,756 crore.

The total cost of this project is Rs 3,177 crore, out of which Viability Gap Funding from NHAI will be Rs 558 crore, equity contribution by the company will be approximately Rs 863 crore and remaining will be funded through Project finance of Rs 1,756 crore. The average cost of debt of this Project finance is approximately 11.75% per annum. The concession period for the project is 26 years.

A consortium of lenders comprising of IDBI Bank - Lead Institution, India Infrastructure Finance Company (IIFCL), IDFC, Indian Overseas Bank, Union Bank of India and Andhra 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

21.90 -0.10 (-0.45%)
21-Apr-2026 13:07 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4081.30
Rail Vikas Nigam 299.20
NCC 159.80
KEC International 575.20
Kalpataru Projects 1250.50
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:

×