
IRB Infrastructure Developers Ltd, founded in 1998 and headquartered in Mumbai, India, is a prominent infrastructure development company focused on building and managing infrastructure projects across various sectors. The company specializes in the development of roads, highways, and urban infrastructure, playing a crucial role in enabling transportation and connectivity within the country.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IRBIN 7.11% 2032-03-11 USDIRB Infrastructure Developers Ltd | India | 2032-03-11 | 7.110 | 6.64 |
IRBIN 7.11% 2032-03-11 USDIRB Infrastructure Developers Ltd | India | 2032-03-11 | 7.110 | 6.64 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
IRB has been active in the bond market since 2004, issuing bonds to fund its expansive infrastructure projects. Notably, in 2020, the company raised ₹1,000 crores through a non-convertible debenture issuance, which saw robust demand and impressive oversubscription. As of 2023, IRB's bonds yield competitive rates compared to industry averages, with certain issuances offering unique features such as step-up coupon rates. The company maintains a strong track record of bond performance, underpinned by its strategic project pipeline and sustained operational growth.