IJM (India) Infrastructure Limited

What IJM (India) Infrastructure Limited does

IJM (India) Infrastructure Limited is a privately-held Indian infrastructure and construction company incorporated in 1998 as a wholly-owned subsidiary of Malaysian conglomerate IJM Corporation Berhad. Headquartered in Hyderabad, the company executes highway construction under DBFOT (Design, Build, Finance, Operate, Transfer) and BOT (Build, Operate, Transfer) concession models, elevated metro rail viaduct construction, and integrated residential and commercial property development. Its primary customers are central and state government agencies — notably the National Highways Authority of India (NHAI), state road development corporations, Delhi Metro Rail Corporation (DMRC), and municipal bodies — alongside private enterprise clients such as Tata Consultancy Services and Prestige Estates for commercial build-outs.

The operational portfolio comprises over 5,500 lane kilometers of completed highway construction, 20 kilometers of urban rail work, and 20.2 million square feet of residential and commercial built-up area. Core technical assets include the proprietary IQSAS (IJM Quality and Safety Assessment System) quality framework, high-throughput bituminous road-laying capability (a 2021 national record of 25.54 lane km in 17 hours 45 minutes on the Solapur-Bijapur highway), and full EPC delivery on toll road concessions. Active tollway SPVs include Vijayapura Tollway (109 km Solapur-Vijayapura on NH-52), Dewas Bypass (19.8 km), Swarna Tollway (Vijayawada-Chilakaluripet, 68 km), and Jaipur-Mahua Tollway. Residential developments are concentrated in integrated townships — Raintree Park Dwaraka Krishna (Vijayawada, 100+ acres, ~1,600 apartments plus 115 villas), First City (Nagpur, MIHAN), and Raintree Park (Hyderabad, Kukatpally).

Revenue is generated through a hybrid model combining one-time construction contracts (EPC and DBFOT), recurring toll collection over multi-decade concession periods, and residential property sales in integrated townships. The company acquires work through competitive bidding on government tenders, with single-project values reaching the Rs 1,979 Crores range (Solapur-Vijayapura). The firm operates with 101–250 employees, holds ISO 9001:2015 certification, and is recognized via CIDC Vishwakarma Awards and entries in the Limca, India, and Asia Books of Records.

Name

IJM (India) Infrastructure Limited

Legal name

IJM (India) Infrastructure Limited

Website

https://ijmindia.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

IJM (India) Infrastructure Limited is a Hyderabad-based private subsidiary of Malaysia's IJM Corporation Berhad, executing highway construction on DBFOT/BOT concession models, metro rail viaducts, and integrated residential and commercial townships for central and state government agencies and select enterprise clients across India.

Ownership category

akta.pro rank

Product category

Infrastructure Construction

NAICS

Highway, Street, and Bridge Construction (237310)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro industry

PRIMARYIMAFAEAA

Highway & Roadway Construction (Highways, Arterials, Streets)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Civil Infrastructure (Roads, Bridges & Tunnels)

SECONDARYIMAFAEAD

Interchanges, Ramps & Flyovers Construction

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Civil Infrastructure (Roads, Bridges & Tunnels)

SECONDARYIMAFAFAD

Stations, Platforms & Depot/Yard Construction

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Rail & Transit Infrastructure Construction

SECONDARYIMAFAEAL

Road & Tunnel Operations/Construction Interfaces (Tolling Infrastructure, Ventilation/Fire-Life-Safety Civil Works)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Civil Infrastructure (Roads, Bridges & Tunnels)

Keywords

• Highway infrastructure construction
• Metro rail construction
• Residential township development
• Toll road operations
• Commercial building construction

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Infrastructure Construction Contracts: Revenue generated from construction contracts for highways, roads, bridges, metro rail projects, and commercial buildings. Contracts are awarded through competitive bidding processes with government agencies and private clients.
2. DBFOT/BOT Toll Road Operations: The company develops toll roads under Design, Build, Finance, Operate, Transfer (DBFOT) and Build, Operate, Transfer (BOT) models. Revenue is generated through toll collection during the concession period. Currently operates two tolled highways: 68km Chilakaluripet-Vijayawada Tollway and 19.8km Dewas Bypass Tollway.
3. Residential and Commercial Property Development: Development and sale of residential townships and commercial properties including integrated townships like Raintree Park and First City Nagpur, as well as commercial projects like TCS IT Park and Prestige Shantiniketan.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

IJM (India) Infrastructure Limited undertakes construction, development and operation of highway infrastructure under DBFOT and BOT concession models, executes metro rail viaduct and elevated structure construction contracts, and develops integrated residential townships and commercial buildings across India. It also operates and maintains its own toll-road assets, including the Solapur-Vijayapura tollway, while marketing residential products under the First City and Raintree Park brands.

Product overview

IJM (India) Infrastructure Limited operates as a multi-faceted infrastructure and construction company offering highway infrastructure construction (DBFOT basis), metro rail construction, residential township development, and commercial construction services. The company's core offerings include highway/tollway projects (Solapur-Vijayapura Tollway, Dewas Bypass), metro rail viaduct construction (Delhi Metro), integrated residential townships (Raintree Park Dwaraka Krishna in Vijayawada, First City in Nagpur, Raintree Park Malaysian Township in Kukatpally), and commercial projects (TCS IT Park, Prestige Shantiniketan, MCD Civic Centre). The company also provides highway operations and maintenance services for its toll road concessions. As of company profile, IJMII has built over 5,500 lane km of highways and 20.2 million sq.ft of residential/commercial space.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Reduced travel time and increased ride quality for high-density commercial vehicle corridor between Bengaluru and Gwalior
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Vijayapura Tollway Private LimitedcoreOthers · 1 November 2017Special Purpose Vehicle (SPV) company established as concessionaire for the Solapur-Vijayapura Road Project (NH-52). IJM India operates as EPC Contractor for this project.
• GayatriminorStrategic or Co-development Partner · 1 January 2001Joint venture partnership for Ongole-Chilakaluripet Road Project (AP-13) - IJM-Gayatri JV executed this project valued at Rs. 225.39 Crores.
• Gautami Power Pvt LtdcoreStrategic or Co-development PartnerJoint venture company promoted by IJM, Maytas, NCC, and GVK Power for a 464 MW Natural Gas based Combined Cycle Power Plant in IDA Peddapuram, Andhra Pradesh with total capital outlay of about Rs. 1,300 Crores.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Sadbhav Engineering: Indian infrastructure EPC company with a strong highway construction franchise and BOT/HAM toll road assets. Comparable to IJM India across NHAI highway EPC work and tollway operations, with a similar project-scale profile.
• IRB Infrastructure Developers: Indian highway developer and toll operator with a portfolio of BOT/DBFOT concessions and a construction arm. Closely comparable to IJM India on the DBFOT model and toll road operations, with a similar mix of NHAI project awards and toll collection SPVs.
• KNR Constructions: Indian highway and irrigation EPC contractor with a strong NHAI/state highway project portfolio. Comparable to IJM India on four/six-laning execution and emerging HAM/BOT exposure, operating at a similar mid-cap scale.
• Dilip Buildcon: One of India's largest road and highway EPC contractors with a similar project mix of NHAI/state highway packages on EPC and HAM models. Directly comparable in target customer (NHAI, MoRTH), business model (EPC + toll/HAM), and project scale, with a substantially larger headcount and order book.
• Nagarjuna Construction Company (NCC): Diversified Indian construction firm with a major highways and bridges division that has executed NHAI and state highway projects. Comparable on highway EPC execution; NCC also participated in the Gautami Power JV with IJM India, evidencing direct overlap in project relationships.
• Ashoka Buildcon: Indian highway EPC and BOT concessionaire focused on NHAI/state highway projects. Directly comparable to IJM India on the DBFOT tollway model and EPC execution of four/six-laning packages, with a similar operational footprint across Indian states.

Broad incumbents

• Hindustan Construction Company (HCC): Larger Indian infrastructure and construction major with capabilities in highways, metros, hydro, and nuclear projects. Comparable to IJM India on the highway and metro rail verticals, but operates at materially larger scale across broader infrastructure categories.
• Larsen & Toubro (L&T): India's largest EPC conglomerate with a major transportation infrastructure division covering highways, metros, and urban transit. Overlaps with IJM India on highway and metro rail work, but is a much larger, diversified incumbent competing for the same NHAI and DMRC tenders.
• Reliance Infrastructure: Diversified Indian infrastructure group with road, metro, and power businesses. Comparable to IJM India on NHAI toll road operations (including a large Mumbai-Pune Expressway-adjacent portfolio) and metro rail EPC, but operates at a significantly larger scale.

Regional players

• GVK Power & Infrastructure: Indian infrastructure group historically involved in roads, power, and airports, and a former JV partner of IJM India in Gautami Power. Comparable as an Indian infrastructure counterpart with overlapping JV relationships, though GVK's road portfolio has scaled back relative to IJM India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ijm-india-infrastructure-limited

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IJM (India) Infrastructure Limited