When was IVRCL founded?

IVRCL was founded in 1987 and raised its 1st funding round 16 years after it was founded.

Where is IVRCL located?

IVRCL is headquartered in Hyderabad, India. It is registered at MIHIR, #8-2-350/5/A/24/1B&2 , PANCHAVATI COLONY,ROAD NO. 2, BANJARA HILLS, HYDERABAD, Telangana, India, 500034.

Which legal entities is IVRCL associated with?

IVRCL is associated with IVRCL CHENGAPALLI TOLLWAYS LIMITED and 5 others.

How many employees does IVRCL have?

As of Oct 31, 2024, the latest employee count at IVRCL is 1.

Is IVRCL a funded company?

IVRCL is a funded company, having raised a total of $51.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 2003.

When was the latest funding round of IVRCL?

IVRCL's latest funding was a $***** PE round on Oct 04, 2010, with participation from 1 investor.

What is the annual revenue of IVRCL?

Annual revenue of IVRCL is between ₹50 Cr and ₹100 Cr as on Mar 31, 2024

Where does IVRCL rank among its competitors?

IVRCL ranks 43rd amongst 386 active competitors, of which 10 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Vinci, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of IVRCL?

IVRCL's top competitors include Granite Construction, KMC Construction and Daewoo Engineering & Construction. Among them, Vinci secured the most recent funding round in April, 2025.

IVRCL - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Website: ivrcl.com
Social
Registered Address: MIHIR, #8-2-350/5/A/24/1B&2 , PANCHAVATI COLONY,ROAD NO. 2, BANJARA HILLS, HYDERABAD, Telangana, India, 500034

Key Metrics

Founded Year

1987

Location

Hyderabad, India

Stage

Public

Total Funding

$51.8M in 3 rounds

Latest Funding Round

PE, Oct 04, 2010, $*****

Investors

ChrysCapital & 3 more

Ranked

43^rd among 386 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2024

Employee Count

1 as on Oct 31, 2024

Similar Companies

Granite Construction & 399 more

Exit Details

Public

View IVRCL's full profile

IVRCL is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
BHILANGANA HYDRO POWER LIMITED CIN: U40102UR2006PLC032491 , India, Active	Jan 31, 2006	₹50 - ₹100 Cr (As on Mar 31, 2025)	30 (As on Feb 28, 2025)
IVRCL TLT PRIVATE LIMITED CIN: U40300TG2008PTC059517 , India, Active	Jun 04, 2008	0 - ₹10 Cr (As on Mar 31, 2023)	7 (As on Apr 30, 2024)
IVRCL CHANDRAPUR TOLLWAYS LIMITED CIN: U45203TG2010PLC070923 , India, Active	Oct 21, 2010	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
IVRCL LIMITED CIN: L45201TG1987PLC007959 , India, Under liquidation	Nov 16, 1987	₹50 - ₹100 Cr (As on Mar 31, 2024)	416 (As on Jan 31, 2025)
IVRCL CHENGAPALLI TOLLWAYS LIMITED CIN: U45203TG2010PLC066886 , India, Active	Feb 03, 2010	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
IVRCL-CADAGUA HOGENAKKAL WATER TREATMENT COMPANY PRIVATE LIMITED CIN: U41000TG2010PTC067081 , India, Active	Feb 19, 2010	0 - ₹10 Cr (As on Mar 31, 2025)	-

IVRCL got listed on Mar 08, 2000.

Click here to take a look at IVRCL's IPO in detail

IVRCL has raised a total funding of $51.8M over 3 rounds. Its first funding round was on 2003. Its latest funding round was a PE round on Oct 04, 2010 for $*****. 1 investor participated in its latest round. IVRCL has 4 institutional investors.

Here is the list of recent funding rounds of IVRCL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 04, 2010	6390908	PE	8872874	1392321	7984885	7335348
Apr 02, 2004	7651693	Series B	4370841	2058003	3451199	ChrysCapital & 1 more
2003	8452	Conventional Debt	3245	9918	3445	Trustcap

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View details of IVRCL's funding rounds and investors

IVRCL's employee count trend

IVRCL has 1 employees as of Oct 24. The total employee count is 93.0% lower than what it was in Oct 23. Here is IVRCL's employee count trend over the years:

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Top competitors of IVRCL include Granite Construction, KMC Construction and Daewoo Engineering & Construction. Here is the list of Top 10 competitors of IVRCL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Granite Construction 1922, Watsonville (United States), Public	Diversified infrastructure solutions provider specializing in construction and construction materials	-	-	67/100
2nd	KMC Construction 1970, Cressona (United States), Late Stage	Manufacturer and supplier of concrete and pipes	$35M	WestBridge Capital, India Resurgence Fund ... & 1 others	62/100
3rd	Daewoo Engineering & Construction 1973, Seoul (South Korea), Acquired	Provider of tunnel, tidal plants, and other hard infrastructure development services	-	QIB Group, Keistone Partners	61/100
4th	Vinci 1899, France, Acquired	Provider of concessions, energy services, and construction for public infrastructure	-	MOVING ESTACIONAMENTOS, Matters & 3 others	59/100
5th	Jaypee Infratech 2007, Noida (India), Acquired	Developer of power & other infrastructure	-	IndusInd Bank	58/100
6th	Reliance Infrastructure 1929, Mumbai (India), Public	Enterprise, power, utility and construction solution provider in India	-	Varde Partners, Nylim-jb Asset Management ... & 3 others	58/100
7th	Aecon 1877, Toronto (Canada), Acquired	Provider of factories, roads, power plants, mine sites, arts centres, and infrastructure development services	-	Engine Capital	58/100
8th	KEC International 1945, Mumbai (India), Public	Manufacturer of electric power transmission towers and infrastructure projects	-	-	56/100
9th	HCC 1926, Mumbai (India), Public	Provider of engineering and construction services	-	Samsung Family Office, BNP Paribas & 4 others	56/100
10th	Colas 1929, Paris (France), Public	Provider of construction and maintenance services for transport infrastructure and sustainable developments	-	Europa	55/100
43rd	IVRCL 1987, Hyderabad (India), Public	Provider of industrial and environmental project management services	$51.8M	ChrysCapital, Ascent Capital & 2 others	45/100