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IVRCL Ltd
M22/3Rt, Vijaynagar Colony
Phone: +91 4023343678p:+91 4023343678 HYDERABAD, 500034  India Ticker: IVRCLINFRAIVRCLINFRA
Filed for Bankruptcy on 7/26/2019
On 2/23/2018, The National Company Law Tribunal (NCLT), Hyderabad Branch, admitted the Insolvency Petition filed against IVRCL Ltd. by the State Bank of India pursuant to the Insolvency and Bankruptcy Code. The NCLT appointed Sutanu Sinha as the Interim Resolution Professional. The powers of the Board of Directors of IVRCL have been suspended.
On 7/26/2019, the National Company Law Tribunal, Hyderabad Bench, admitted the Resolution Professional's application seeking the Liquidation of the Company as a going concern. Sutanu Sinha was appointed as the official Liquidator by the NCLT.
Business Summary
IVRCL Limited is an India-based company engaged in the business of development and execution of engineering, procurement, and construction (EPC) facilities in various infrastructure projects. The Company provides construction and civil engineering services. The Company's business units include water and environmental projects, transportation, buildings and industrial structures, power transmission projects, mining, overseas forays, and technical services and solutions. The Company’s water and environmental projects include drinking water supply schemes, irrigation projects, hydropower, industrial water, desalination and sewage systems. Its buildings and industrial structures include townships, commercial buildings, institutional buildings, hospital buildings and metros. The Company's power transmission projects include transmission lines, substations, distribution lines and rural electrification.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20233/31/2023Yes----

Industries
SIC Code Description
6531 Real estate agents and managers
4941 Water supply
1623 Water, sewer, pipeline, and communications and power line construction
1611 Highway and street construction, except elevated highways
1629 Heavy construction, not elsewhere classified
1311 Crude petroleum and natural gas
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Financial Officer Lelia R.Reddy 7/1/2019 7/1/2019
Compliance Officer, Company Secretary B.Subrahmanyam 5/28/2008 5/28/2008
Joint Managing Director K. AshokReddy 58 7/1/2014 11/25/1997
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
IVRCL Assets & Holdings Limited M-22/3Rt HYDERABAD India

Business Names
Business Name
530773
Aavisa
Alkor Petroo Ltd
27 additional Business Names available in full report.

General Information
Number of Employees: 2,313 (As of 3/31/2016)
Outstanding Shares: 782,897,692 (As of 9/30/2023)
Shareholders: 198,486
Stock Exchange: NSE
Fax Number: +91 4023345004


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Wednesday, April 3, 2024