Afcons Infrastructure Indian multinational engineering & construction company (EPC) based in Mumbai. Part of the Shapoorji Pallonji Group since 2000.Active in infrastructure segments: marine works (ports, docks, jetties), tunnels, bridges, flyovers, metros, railways, highways, hydro & underground, oil & gas.
Company Overview
Portfolio Spread across Major Infrastructure Segments
Recent Developments & IPO
- Afcons launched its IPO in October 2024.
- Total issue size approx. ₹5,430 crore
- Fresh issue component ~ ₹1,250 crore; rest via Offer For Sale (OFS) ~ ₹4,180 crore.
- Price band was ₹440 – ₹463 per share.
- As of mid‑2024, it had a large order book: ~ ₹34,888 crore across 65 active projects.
- Some recent contracts/awards:
- LOA (Letter of Award) from Hindustan Gateway (DP World’s terminal at Kandla) for marine package in Gujarat (₹1,283 crore excluding GST).
- Won tenders for parts of the Pune Ring Road.
Strategic Equipment Base across Diversified Segments
Technical Chart
AFCONS : Best Infrastructure Company In India – Afcons Infrastructure Ltd
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