Afcons Infrastructure IPO: The mainboard initial public offering (IPO) of Shapoorji Pallonji group’s flagship infrastructure engineering and Construction Company, Afcons Infrastructure Limited (AIL) will hit India’s primary market to open for subscription on Friday, October 15, 2024. The IPO of India’s leading infrastructure and real estate conglomerate arm has aimed to raise ₹5,430 crore via its upcoming public issue. The Mumbai-based multinational company filed its red herring prospectus (RHP) for the IPO on Saturday, October 19.
Established in 1959, Afcons Infrastructure Ld has a legacy of over six decades and operates in infrastructure sectors, including marine, surface transport, urban infrastructure, hydro, underground projects, and oil and gas initiatives.
