Afcons Infrastructure Limited
FormerlyAsia Foundations and Construction Limited
Company typePrivate
IndustryInfrastructure
Founded1959
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Shapoor Pallonji Mistry (Chairman)
RevenueIncrease ₹12,654 crore (US$1.6 billion) (FY23)[1]
Increase ₹410 crore (US$51 million) (FY23)[1]
ParentShapoorji Pallonji Group[2]
Websiteafcons.com

Afcons Infrastructure Limited is an Indian multinational construction and engineering company based in Mumbai. The company provides infrastructure services and is involved in the construction of infrastructure projects such as viaducts, flyovers, metros, bridges, pipelines, roads, ports, barrages, oil and gas projects etc.[3][4]

Indian business conglomerate Shapoorji Pallonji Group acquired Afcons from ICICI Bank in 2000.[5] In 2006, there was widespread speculation that Afcons would go public in an IPO but the company did not go through with it.[6]

Projects

References

  1. ^ a b "Afcons Infrastructure Limited: Ratings reaffirmed". ICRA. Retrieved 4 December 2023.
  2. ^ "SP Group-backed Afcons taps 5 i-banks for up to Rs 8,000-crore IPO". Moneycontrol. 27 June 2023. Retrieved 5 July 2023.
  3. ^ "Afcons Infrastructure Limited Company Profile - India | Financials & Key Executives | EMIS". www.emis.com. Retrieved 30 June 2020.
  4. ^ "Afcons Infrastructure Ltd - Company Profile and News - Bloomberg Markets". Bloomberg.com. Retrieved 30 June 2020.
  5. ^ "Shapoorji Buys Out 47% Icici Stake In Afcons". Business Standard. 11 May 2000. Retrieved 5 July 2023.
  6. ^ Zachariah, Reeba (23 December 2006). "Shapoorji Pallonji readies IPO for arm". The Times of India. Retrieved 30 June 2020.
  7. ^ "Motorists tunnelling their way to accidents by taking selfies in Atal Tunnel". Sify. Archived from the original on 9 October 2020. Retrieved 5 October 2020.
  8. ^ "Chenab Bridge, Jammu and Kashmir, India". Railway Technology. Retrieved 3 May 2023.
  9. ^ "Afcons, Ircon JV bags Rs 453-crore contract in Bangladesh". The Economic Times. 8 October 2013. Retrieved 30 June 2020.
  10. ^ "Afcons Begins Kolkata Metro Line-6's D-Wall Work at Airport". The Metro Rail Guy. 20 February 2023. Retrieved 25 June 2023.
  11. ^ "Afcon Infra bags Rs 2,598-cr Chennai Metro Project". The Economic Times. 1 February 2011. Retrieved 30 June 2020.
  12. ^ "Afcon bags Rs 2598cr Chennai Metro project". Moneycontrol. Retrieved 30 June 2020.
  13. ^ "Kanpur Metro project gets going from Oct 2 with pillar construction". Hindustan Times. 26 September 2019. Retrieved 5 October 2020.
  14. ^ Shah, Narendra (7 September 2019). "AFCONS Infra wins Rs 676 crore Civil Contract For Kanpur Metro". Metro Rail News. Retrieved 5 October 2020.
  15. ^ "Afcons to build India's first underwater train tunnel, Bags Rs 938-Cr Project From Kolkata Metro Railway". The Economic Times. 22 March 2010. Retrieved 30 June 2020.
  16. ^ "Construction Package14". Maharashtra Samruddhi Mahamarg. Retrieved 5 May 2023.
  17. ^ Jazeera, Al. "Agaléga, a secret base, and India's claim to power". interactive.aljazeera.com. Retrieved 18 August 2022.
Categories