Home MarketIRB Infrastructure Developers Ltd.

IRB Infrastructure Developers Ltd. Stock Info: As on 2018-05-24 15:56:52

Nse

231.25

3.75(1.65%)
Change%
52 Week Range
193.50
13.00
286.20
30.00
Open230.00
Day's Range204.75 - 250.25
Value Traded (in ₹ Cr.) 41.36

Bse

231.70

4.10(1.80%)
Change %
52 Week Range
193.80
13.00
286.00
30.00
Open228.00
Day's Range204.84 - 250.36
Value Traded (in ₹ Cr.) 2.77

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 201,630,613.00 57.37%
Mutual Funds/UTI 29,418,535.00 8.37%
FII 83,899,246.00 23.87%
Employee 0.00 0.00%
Public 18,021,810.00 5.13%
Government 0.00 0.00%
Others 5,606,066.00 1.60%
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Key Statistics

Valuation Measures
Market Cap / Sales Ratio 2.43
Basic EPS (Rs.) 5.78
Cash EPS 5.78
BVPerShare Excl 71.29
Operating Revenue 97.10
PBDITPerShare 16.94
Dividend 5.00
NPPerShare 5.78
Current Ratio 0.78
Quick Ratio 0.78
PriceToBV 3.31
Earnings 0.02
PBDIT Margin 17.45
PBT Margin 8.55
NP Margin 5.95
Return On Assets 2.25
Retention Ratios 65.41
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 3,635.95
Total Expenses 3,344.02
EBITDA 595.52
PBT 291.93
PAT 203.24
Net Income 203.24
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Parameter Sep-17 (₹ Cr.) 6M % change
Total Income 1,622.86
Total Expenses 1,243.11
EBITDA 379.75
PBT 258.70
PAT 240.78
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 351.45
Net worth 2,505.36
Investments 1,964.85
Total Liability 9,012.48
Total debt 3,079.15
Net block 0.00
Total Assets 9,012.48
Parameter Mar-17 (₹ Cr.) 6M % change
Total share capital 351.45
Net worth 2,334.10
Investments 2,471.74
Total Liability 7,853.68
Total debt 2,497.15
Net block 0.00
Total Assets 7,853.68
Company Curr Price Prev. Close Change% W's Low/High

3P Land Holdings Ltd.

13.2 13.15 0.38
12.6514.3

Ahluwalia Contracts (India) Ltd.

386.95 366.4 5.61
364.55391

Ajmera Realty & Infra India Ltd.

239.45 236.4 1.29
235.15262

Alpine Housing Development Corporation Ltd.

19 20 -5
1920

AMJ Land Holdings Ltd.

24.45 25.05 -2.4
24.8529.5

Anant Raj Ltd.

40.75 41.65 -2.16
39.1542.6

Ansal Housing & Construction Ltd.

15.8 15.7 0.64
15.3517.65
Company Curr Price Prev. Close Change% W's Low/High

3P Land Holdings Ltd.

13.6 13.6 0
12.8114.39

Abhishek Infraventures Ltd.

3.25 3.25 0
3.253.25

Adhbhut Infrastructure Ltd.

81.6 81.6 0
81.681.6

AGI Infra Ltd.

104.6 110.1 -5
101.1122

Ahluwalia Contracts (India) Ltd.

385.1 368.95 4.38
360390

Ajmera Realty & Infra India Ltd.

239.55 236.2 1.42
235.55262

Alacrity Housing Ltd.

2.31 1.94 19.07
2.312.31
More
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities 619.83
Cash from investing activities -1,031.59
Cash from financing activities 382.37
Net change in cash -29.39

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Aditya Birla Sun Life Frontline Equity Fund 0.49%
Aditya Birla Sun Life Midcap Fund 2.13%
Aditya Birla Sun Life Small Cap Fund 1.85%
Reliance Arbitrage Fund 0.55%
Edelweiss Arbitrage Fund 0.64%
HDFC Arbitrage Fund - Regular Plan 0.74%

M Venkatesh appointed MRPL MD

M Venkatesh has been appointed as the Managing Director of Mangalore Refineries and Petrochemicals Limited (MRPL), an order issued by the Personnel Ministry said today. Vekatesh is at present Director (Refineries) in the MRPL, a subsidiary of the Oil and Natural Gas Corporation Limited (ONGC) He has been appointed to the post for a period of five years with effect from the date of his assumption of charge of the post on or after June 1, 2018, or till the date of his superannuation, the order said.

24-05-2018 11:42

TCS expands operations in Florida as part of Transamerica deal

India's largest IT services firm TCS today said it has expanded operations in Florida, US, with over 430 employees joining the company as part of its deal with Transamerica. In January, Tata Consultancy Services (TCS) had signed an over USD 2 billion deal with Transamerica to administer the latter's life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products. It covered managing administration of more than 10 million policies. More than 430 former Transamerica employees now work for TCS at this new St Petersburg facility (in Florida) as part of recruiting and investing in more than 2,200 Transamerica jobs across the US in multiple locations, the Indian software services giant said in a statement. TCS will occupy several floors of Transamerica's building at 570 Carillon Parkway in St Petersburg, as part of a multi-year agreement with Transamerica... The St Petersburg office is a new US business centre for TCS, adding to the over 1,000 employees already serving American businesses throughout the state, it added. TCS said it has invested nearly USD 3 billion in the US over the past three years and has been among the top two IT services job creators in the country. TCS is a leading industry employer in the US, striving to help American companies like Transamerica to digitally transform their business and capitalise on rapidly evolving customer demands, TCS President and Global Head (Banking, Financial Services and Insurance Platforms) Suresh Muthuswami said. We look forward to partnering with St Petersburg's city, state and local organizations to further build upon our business and community impact, he added. The company said it has made tremendous community impact in Florida over past several years.

24-05-2018 11:16

Kotak India Growth Fund Series 4 - Direct Plan: change in investment factsheets for April

Kotak India Growth Fund Series 4 - Direct Plan has announced change in investment factsheets and fund flash for the month ended April 30, 2018. As on Apr 30, 2018, the total size of the Fund was Rs 429.99 crores, compared with Rs 424.96 crores in the last month. The Fund's NAV per unit was Rs 9.89 for Growth, while 52-Week High and Low ranges were Rs 10.35 and Rs 9.51 respectively. The Equity - Diversified fund with Growth plan was launched on Jan 29, 2018 and managed by Fund Managers Harsha Upadhyaya, Devender Singhal. The top five companies based on a percentage of total holdings were ITC Ltd. (35.18 Cr.), HDFC Bank Ltd. (19.44 Cr.), Mahindra & Mahindra Ltd. (19.21 Cr.), Tata Motors Ltd. (17.02 Cr.) and Bata India Ltd. (16.05 Cr.). Kotak India Growth Fund Series 4 - Direct Plan is promoted by Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Ltd..

24-05-2018 11:00

Kotak India Growth Fund Series 4: change in investment factsheets for April

Kotak India Growth Fund Series 4 has announced change in investment factsheets and fund flash for the month ended April 30, 2018. As on Apr 30, 2018, the total size of the Fund was Rs 429.99 crores, compared with Rs 424.96 crores in the last month. The Fund's NAV per unit was Rs 9.88 for Growth, while 52-Week High and Low ranges were Rs 10.34 and Rs 9.51 respectively. The Equity - Diversified fund with Growth plan was launched on Jan 29, 2018 and managed by Fund Managers Harsha Upadhyaya, Devender Singhal. The top five companies based on a percentage of total holdings were ITC Ltd. (35.18 Cr.), HDFC Bank Ltd. (19.44 Cr.), Mahindra & Mahindra Ltd. (19.21 Cr.), Tata Motors Ltd. (17.02 Cr.) and Bata India Ltd. (16.05 Cr.). Kotak India Growth Fund Series 4 is promoted by Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Ltd..

24-05-2018 11:00

BLS International to assist Sopra Steria on UK visa renewals

Visa service provider BLS International today said theUnited Kingdom Visas and Immigration (UKVI) has awarded Sopra Steria a new contract to enable visa renewals for those individuals who are already in the UK. BLS International will support Sopra Steria and UKVI, a division of the UK Home Office responsible for deciding who can visit and stay within the UK, by establishing and delivering some of the key add value services under the contract, it said in a release. BLS International claims to handle about 12 million visa applications annually across the globe at present. Meanwhile, shares of the company were trading at Rs 172.55 apiece, up 1 per cent from the previous close at 10:50 hours on BSE.

24-05-2018 10:51

IRB Infrastructure - Updates

IRB Infrastructure Developers Limited has informed the Exchange regarding ''The Company has received Letter of Acceptance (LOA) from Hyderabad Growth Corridor Limited (HGCL) for the project of ?Collection of user fee through an agency purely on temporary daily basis for Hyderabad Outer Ring Road for a length of 158 km in the state of Telangana, India?.Key highlights of the Project are as under:1. This gives the Company User Fee collection rights on temporary basis at Hyderabad Outer Ring Road. 2. The Contractual amount for the said Project is Rs. 87 Lacs per day for such period as may be agreed between HGCL and the Company. 3. The toll operation will commence by May 23, 2018 subject to the compliance of statutory formalities viz. submission of performance security, signing of contract as per the LOA. ''.

23-May-2018 01:57 PM

IRB Infrastructure - Update

The Company has received Letter of Acceptance (LOA) from Hyderabad Growth Corridor Limited (HGCL) for the project of 'Collection of user fee through an agency purely on temporary daily basis for Hyderabad Outer Ring Road for a length of 158 km in the state of Telangana, India'.

Key highlights of the Project are as under:

1. This gives the Company User Fee collection rights on temporary basis at Hyderabad Outer Ring Road.
2. The Contractual amount for the said Project is Rs. 87 Lacs per day for such period as may be agreed between HGCL and the Company.
3. The toll operation will commence by May 23, 2018 subject to the compliance of statutory formalities viz. submission of performance security, signing of contract as per the LOA.

23-May-2018 01:52 PM

IRB Infra’s arm executes agreement with NHAI

IRB Infrastructure Developers Limited has said that IRB PS Highway Private Limited and IRB PP Project Private Limited - wholly-owned subsidiaries of the company have executed concession agreement with National Highways Authority of India (NHAI) for two Hybrid Annuity Projects under NHDP Phase IV in the state of Tamil Nadu. IRB Infrastructure Developers Ltd is an Indian highway construction company headed by Virender Mhaiskar which was incorporated in 1998, with its headquartered in Mumbai. It is part of the IRB Group. Meanwhile, shares of the company were trading at Rs 252.60 apiece, up 0.64 per cent from the previous close at 09:30 hours on BSE.

16-May-2018 09:34 AM

IRB Infrastructure - Updates

IRB Infrastructure Developers Limited has informed the Exchange regarding ''We are pleased to inform you that IRB PS Highway Private Limited and IRB PP Project Private Limited ? Wholly-owned Subsidiaries of the Company have now executed Concession Agreement with National Highways Authority of India (NHAI) for two Hybrid Annuity Projects under NHDP Phase IV in the state of Tamil Nadu. ''.

16-May-2018 08:41 AM

IRB Infrastructure - Update

We are pleased to inform you that IRB PS Highway Private Limited and IRB PP Project Private Limited - Wholly-owned Subsidiaries of the Company have now executed Concession Agreement with National Highways Authority of India (NHAI) for two Hybrid Annuity Projects under NHDP Phase IV in the state of Tamil Nadu.

16-May-2018 08:38 AM

IRB Infrastructure - Update

The Company has received Letter of Acceptance (LOA) from Hyderabad Growth Corridor Limited (HGCL) for the project of 'Collection of user fee through an agency purely on temporary daily basis for Hyderabad Outer Ring Road for a length of 158 km in the state of Telangana, India'.

Key highlights of the Project are as under:

1. This gives the Company User Fee collection rights on temporary basis at Hyderabad Outer Ring Road.
2. The Contractual amount for the said Project is Rs. 87 Lacs per day for such period as may be agreed between HGCL and the Company.
3. The toll operation will commence by May 23, 2018 subject to the compliance of statutory formalities viz. submission of performance security, signing of contract as per the LOA.

23-May-2018 01:52 PM

IRB Infrastructure - Update

We are pleased to inform you that IRB PS Highway Private Limited and IRB PP Project Private Limited - Wholly-owned Subsidiaries of the Company have now executed Concession Agreement with National Highways Authority of India (NHAI) for two Hybrid Annuity Projects under NHDP Phase IV in the state of Tamil Nadu.

16-May-2018 08:38 AM

IRB Infrastructure - Update

We are pleased to inform you that VK1 Expressway Private Limited - Wholly-owned Subsidiary of the Company, has now executed Concession Agreement with NHAI for the project of Eight lane Vadodara Kim Expressway from Km 355.00 to Km 378.740 (Padra to Vadodara Section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase- VI on Hybrid Annuity Mode (Phase IA- package I)

10-May-2018 08:43 AM

Corporate Details

About Management

The Company was incorporated as a private limited company,DVJ Leasing and Finance Private Limited on July 27,1998 under the Companies Act. The Company was primarily formed to fund the capital requirement of the IRB Group'sinitiatives in the infrastructure and construction sectors Although the Company was incorporated as a leasing and financing company, it did not undertake any leasing business. In the past, the Company has carried on certain maintenance operations for road projects constructed by other entities in the IRB Group. In 2005, the Company was granted the Bharuch Surat BOT project. Subsequently, pursuant to the restructuring of the IRB Group in the fiscal year 2007, the Company became the holding company of the IRB Group Following the restructuring of the IRB Group, the name of the Company was changed from DVJ Leasing and Finance Private Limited to IRB Infrastructure Developers Private Limited pursuant to a special resolution of the shareholders of the Company at an EGM held on October 30, 2006. The fresh certificate of incorporation consequent upon the change of name was granted by the RoC on November 8, 2006. Subsequently, pursuant to a special resolution of the shareholders of the Company at an EGM held on November 25, 2006, the Company became a public limited company and the word private was deleted from its name. The certificate of incorporation to reflect the new name was ssued by the RoC on November 27, 2006. IDAA become the subsidiary of the Company on June 21, 2006. The Company subsequently subscribed to 66% of the shareholding in Aryan on July 18, 2007. On September 8, 2007, the Company increased its shareholding in IRBPL, MIPL, TGTRPL, IRB Infra and NKT to further consolidate the Company's shareholding in the Subsidiaries. For further information on such reconstruction see Management's Discussion and Analysis of Financial Condition and Results of Operations as per the consolidated Financial Statements . The registered office of the Company was shifted with effect from July 1, 1999 from Manisha Safalya, Mahatma Gandhi Road, Dombivli, Mumbai 421 202, to 501, Dattashram,Hindu Colony, Lane No.1, Dadar Mumbai 400 014. Thereafter, the registered office of the Company was shifted to 3rd Floor, IRB Complex, Chandivli Farm, Chandivli Village, Andheri (East),Mumbai 400 072 with effect from November 28, 2006.Ideal Road Builders Private Limit 1977 IRBPL was incorporated as a private limited company. 1977 to 1995 Execution of various construction contracts in the roads sector including World Bank aided projects as an EPC contractor. September 1995 First venture in BOT Project being the signing of the Concession Agreement for Thane Bhiwandi Bypass Phase June 1997 Completion of the construction activities in the Thane Bhiwandi Bypass November 1997 Signing of the concession agreement for the Kharpada Project for construction of a bridge over river Patalganga on a BOT basis. January 1998 Signing of the concession agreement for the Bhiwandi Wada project on a BOT basis. July 1998 Incorporation of the Company as a private limited company. September 1998 Signing of the concession agreement for the Thane Bhiwandi Bypass Phase II on a BOT basis. November 1998 Signing of the concession agreement for the Khambatki Ghat project on a BOT basis. December 1998 Signing of concession agreement for the Kaman Paygaon project on a BOT basis. February 4, 1999 Completion of the Bhiwandi Wada project on a BOT basis. July 20, 1999 Completion of the Kharpada Project Bridge over River Patalganga on a BOT basis. March 25, 2000 Completion of the Kaman Paygaon project on a BOT basis . August 15, 2000 Completion of the Khambatki Ghat project on a BOT basis. January 2001 Signing of the joint venture agreement with Mudajaya Corporation of Malaysia for the execution of NHAI funded contract for the Ratanpur to Himmatnagar section of NH 8 for 54 kms. January 2001 Signing of a funded EPC contract for the Ratanpur to Himmatnagar section of NH 8 for 54 kms with the NHAI. November 2001 Signing of the concession agreement for the Ahmadnagar-Karmala-Temburni Road project on a BOT basis. May 2002 Signing of an O&M and rehabilitation works contract with the NHAI for the Chiloda Naroda Section, Ahmedabad Bypass and the Ahmedabad Vadodara Section of NH 8 inGujarat. May 2002 Signing of an O&M and rehabilitation works contract with the NHA I for Vadodara-Surat section of NH 8 in Gujarat. May 2002 Signing of the concession agreement for the Mohol-Kurul-Kamti-Mandrup road on a BOT basis. February 2003 Signing of the concession agreement for the Pune Sholapur Project on a BOT basis.August 25, 2003 Completion of construction activities i n the Ahmadnagar-Karmala-Temburni Road project on a BOT basis . August 2003 Signing of the concession agreement for the Pune Nashik project on a BOT basis. December 2003 Completion of the Thane Bhiwandi Bypass Phase II. December 2003 Completion of the construction activities in Thane Bhiwandi Bypass BOT project - Phase January 2004 Completion of the construction activities for the funded EPC Contract for the Ratanpur to Himmatnagar Section of NH 8 for 54 kms. May 2004 Emerged as the highest bidder for Mumbai-Pune Expressway project by making upfront payment of Rs. 918 crore to MSRDC for concession rights for a period of 15 years. August 2004 Signing of the concession agreement and financial closure of the Mumbai Pune Expressway project of Rs. 1,181.41 crore. August 2004 Commencement of construction activities of the NH 4 and commencement of toll collection on the Mumbai Pune Expressway. December 10, 2004 Completion of construction activities for the Pune Sholapur BOT project. April 2005 Commencement of construction activities on the O&M on Mumbai-Pune Expressway as BOT operator. July 2005 Signing of the concession agreement with the NHAI for the the four-laning of (a) km 64-000 to km 94-000 and (b) Km 123 to km 153 of the Nagpur-Hyderabad section of NH 7 in the State of Maharashtra. November 2005 Emerged as the highest bidder for the Thane Ghodbunder project by offering a negative grant of Rs. 140.40 crore to the MSRDC for concession rights for a period of 15 years. December 20, 2005 Completion of the construction activities for the Pune-Nashik Project. December 2005 Signing of the concession agreement and financial closure of the Thane Ghodbunder project with financing of Rs.216.60 crore and commencement of toll collection. July 2006 Signing of the concession agreement for the Bharuch Surat project on a BOT basis. September 2006 Commencement of toll collection on Mumbai- Pune NH 4. December 2006 Achieved financial closure of the Bharuch Surat project with financing of Rs. 1,210.95 crore. December 2006 Payment of a negative grant to NHAI of Rs. 504 crore in respect of the Bharuch Surat project. January 2007 Formed a consortium with Deutsche Bank AG, Singapore to jointly pre-qualify for eight packages of four to six laning under NHDP V. February 2007 Awarded the contract by the Ahmedabad Municipal Corporation for the construction of Janmarg (Bus Rapid Transport System Project) from Narol Circle to Naroda Patiya in Ahmedabad for a total project cost of Rs. 132.99 crore. April 2007 Balance work of construction of Tapi Bridge amount to Rs. 44.15 crore was awarded as an additional scope of work to Bharuch Surat BOT Project June 2007 Awarded the funded contract by the Ahmedabad Municipal Corporation for construction of Janmarg (Bus Rapid Transport System Project) from Pirana-Danilimada-Maninagar-Narol in Ahmedabad for a total project cost of Rs. 78.36 crore. July 2007 Successfully Completed the construction phase of the Thane-Ghodbunder project. September 2007 Granted "pre-qualified" status that entitled the IRB Group to submit request for proposals for certain NHDP Phase V road infrastructure projects; namely, the Chennai-Tada project on NH 5, the Gurgaon - Kotputli - Jaipur project on NH 8, the Surat - Dahisar project on NH 8, the Chilkaluripet - Vijayawada project on NH 5 and the Panipat - Jalandhar project on NH 1. September 2007 Acquisition of shares in IRBPL, IRB Infra, NKT, TGTRPL and MIPL making them wholly-owned Subsidiaries of the Company. November 2007 Submitted bids for the Gurgaon - Kotputli - Jaipur project on NH 8 and the Surat - Dahisar project on NH 8. For further information, see "Business-Our BOT Infrastructure Development Projects - Recent Developments" on page 83 of this Prospectus December 2007 Submitted a bid for a BOT project relating to the Integrated Road Development Program in Kolhapur. January 2008 Company has launch its Initial Public Issue duing 31st January 2008 to 5th February 2008. The issue was oversubscribed by 4.3 times. Issue price thereafter was fixed at Rs. 185/- per share February 2008 Declared as Successful Bidder for the Project of " Six Lanning of Surat - Dahisar section of NH-8 from Km 263.00 to Km 502.00 (Length - 239 Km ) in the state of Gujarat / Maharashtra to be executed as BOT (Toll) basis on DBFO Pattern under NHDP Phase - V" February 2008 Company was listed on Bombay Stock Exchange and National Stock Exchange on 25th February 2008 February 2008 Declared as Successful Bidder for the project of " Integrated Road Development Programme (IRDP) for Kolhapur City" April 2008 Concession Agreement for 6 - Laning of Surat - Dahisar BOT Project on DBFO pattern has been executed on 30th April 2008 Between National Highways Authority of India and IRB Surat Dahisar Tollway Private Limited at New Delhi 2009 -IRB has emerged as lowest bidder for a Jaipur Tonk Deoli BOT Project of NHAI -IRB wins the CNBC TV 18 Essar Steel Infrastructure Excellence Award -IRB hits a Four !!! emerged as lowest bidder for a Talegaon Amravati BOT Project of NHAI 2010 -The Company have received an official communication from the National Highways Authority of India (NHAI) by way of a Letter of Award whereby NHAI has accepted Company's Price Bid and has declared the Company as the "Selected Bidder" for the Project of Four Laning of Goal Karnataka Border to Panaji - Goa stretch of NH-4A from Km 84.000 to Km 153.070 in the State of Goa on BOT Toll Basis on DBFO pattern. -IRB Infrastructure Developers has bagged the six-laning of Tumkur-Chitradurga section of NH-4 in the state of Karnataka. 2011 -IRB Infra emerges preferred bidder for Ahmedabad to Vadodara highway project 2012 -IRB Infra has Acquired MVR Infrastructure & Tollways Pvt. Ltd 2013 -IRB Infrastructure Developers wins Rs. 1500 Cr project from Maharashtra Govt 2014 -IRB Infra receives letter of award for MSRDC project -IRB Infrastructure Developers Ltd has bagged Rs 2,300 crore road project in Haryana from National Highways Authority of India 2015 -IRB Infrastructure Developers Ltd Yedeshi Aurangabad Tollway Pvt. Ltd. wholly-owned Subsidiary of the Company -IRB Infra receives LOA for Agra -Etawah Bypass project -IRB executes agreement with NHAI for six laning project -AE Tollway Private Limited - Wholly-owned Subsidiary of the Company now executed Concession Agreement with NHAI 2016 - IRB Infra bags DBFOT road project in Rajasthan - IRB Infra bags road project from NHAI 2017 -IRB Infra the Company has completed the process of acquisition of remaining 26 per cent stake in M.V.R. Infrastructure And Tollways Pvt. Ltd. -IRB Infra received latter of award from National Highways Autority of india for Hybrid Annuity Project under Phase VI in Gujarat. -IRB Infra received latter of award from National Highways Autority of india for two Hybrid Annuity Project under NHDP Phase VI in Tamil Nadu.

Registered Office

3rd Floor, IRB Complex, Chandivali Farm, Chandivali Village, Andheri (E),

022-66404220,,,      022-66751024,

grievances@irb.co.in

http://www.irb.co.in

Registrar Details

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