SP Group firm Afcons Infrastructure may raise Rs 7,000 crore via IPO
Proceeds worth Rs 150 crore from the issue will be used for capital expenditure, Rs 350 crore will be used to fund long-term working capital requirement
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Proceeds worth Rs 150 crore from the issue will be used for capital expenditure, Rs 350 crore will be used to fund long-term working capital requirement
Afcons Infrastructure, the flagship infrastructure engineering and construction company of Shapoorji Pallonji group has filed its DRHP with market regulator Sebi to raise Rs 7,000 crore via IPO.
Shapoorji Pallonji Group's company, Afcons Infrastructure, is looking to raise Rs 7,000 crore through its initial public offering (IPO).
Sterling and Wilson Solar was the last company from the Shapoorji Pallonji Group to make a debut on the domestic bourses back in August 2019.
The high speed corridor between Mumbai and Ahmedabad is coming up at a cost of Rs 1.08 lakh crore.