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About

The company was incorporated as ‘Indian Railway Construction Company Private Limited’ on April 28, 1976 in Delhi, as a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the then Registrar of Companies, Delhi and Haryana. The company became a public limited company with effect from November 20, 1976 and a certificate of incorporation consequent upon conversion to public limited company was issued by the then Registrar of Companies, Delhi and Haryana in the name of ‘Indian Railway Construction Company Limited’. Subsequently, the name of company was changed to its present name ‘IRCON International Limited’ and a fresh certificate of incorporation consequent upon change of name dated October 17, 1995 was issued by the Registrar of Companies, N.C.T. of Delhi and Haryana.

Ircon International is an integrated Indian engineering and construction company. It provides EPC services on a fixed-sum turnkey basis as well as on an item-rate basis for various infrastructure projects. It also executes on build, operate and transfer mode in various projects in order to meet the requirements of its bids. In 2016, it was ranked number 248 in the list of the top 250 international contractors by Engineering News Record (ENR) of the United States.

Business area of the Company:

The company specializes in major infrastructure projects, including, railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. In its railway construction business, the company is a turnkey construction company that specializes in new railway lines, rehabilitation/conversion of existing lines, station buildings and facilities, bridges, tunnels, signaling and telecommunication, and railway electrification. Projects are usually awarded to it directly or where applicable, the Ministry of Railways awards projects to it indirectly through nomination. In electrical business, the company carries out railway electrification and railway siding as turnkey projects. It also leverages its in-house design capacity to carry out projects on EPC basis.

Major Events & Milestones

  • 1976: The company converted from a private limited company into a public limited company.
  • 1992: Pursuant to disinvestment of 13,400 Equity Shares of Rs 10 each by GoI, the company was listed on the BSE and the Delhi Stock Exchange.
  • 1998: The company was granted the status of ‘Mini Ratna – Category – 1’ by the Ministry of Railways.
  • 2011: Voluntarily delisted from the BSE .
  • 2012: Voluntarily delisted from the Delhi Stock Exchange.

Awards and Accreditations

  • 2018: Governance Now 5th PSU Award for consistent growth.
  • 2018: Dainik Bhaskar India Pride Award for excellence in Miniratna- 1 Category.
  • 2017: CIDC Vishwakarma Award for Railways (Coach Factory), Raebareli.
    2017: Dun & Bradstreet Infra Awards in the category of “Construction and Infrastructure Development (Railways)”.
  • 2016: Dainik Bhaskar India Pride Award for excellence in CSR/Environment protection and conservation.
  • 2016: CIDC Vishwakarma Award for “Rail cum Road Bridge across River Ganga, Patna” in the category of best construction projects.
  • 2015: Dun & Bradstreet PSU award for contract and construction.
  • 2015: Dainik Bhaskar India Pride Award for Excellence in Infrastructure Development.
  • 2014: India Today PSU award for Mini Ratna – best in CSR and Sustainability.
  • 2013: Dun & Bradstreet Infra Award for Construction Infrastructure Development Mid.
  • 2013: Dun & Bradstreet Infra Award for Railways Quazigund Banihal section of USBRL.
  • 2013: Certificate certifying the publication of name of the Company in Dun & Bradstreet’s India’s Leading Infrastructure Companies 2013 publication.

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