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IRB Infrastructure gains as arm receives Provisional Certificate for Jaipur Deoli BOT Project

07 Oct 2013 Evaluate

IRB Infrastructure Developers is currently trading at Rs. 79.85, up by 0.75 points or 0.95% from its previous closing of Rs. 79.10 on the BSE.

The scrip opened at Rs. 79.15 and has touched a high and low of Rs. 80.20 and Rs. 79.10 respectively. So far 54,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.90 on 05-Oct-2012 and a 52 week low of Rs. 51.90 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 81.70 and Rs. 74.25 respectively. The current market cap of the company is Rs. 2,653.00 crore.

The promoters holding in the company stood at 62.97% while Institutions and Non-Institutions held 26.55% and 10.49% respectively.

IRB Infrastructure Developers’ Jaipur Deoli BOT Project implemented by wholly-owned SPV of the company, IRB Jaipur Deoli Tollways, has been issued a Provisional Certificate by the competent authority effective September 27, 2013. The project has been commissioned in stipulated time. Consequently, the SPV has started partial toll collection on this project effective from September 27, 2013.

The Jaipur Deoli BOT project involves four-Lanning of Jaipur Deoli Section of NH 12 from Kms 18.700 to Kms 165.000 in the state of Rajasthan on DBFOT (toll) basis. The concession period is 25 years and the estimated cost of the project is Rs 1,733 crore. The company had bagged this project on Viability Gap Funding (VGF) basis and sought VGF of Rs 306 crore from NHAI.

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

IRB Infra.&Developer Share Price

22.00 -0.26 (-1.17%)
20-Apr-2026 16:59 View Price Chart
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