Afcons Infrastructure IPO Day 1 Live Updates: Shapoorji Pallonji Group’s flagship infrastructure engineering and construction company, Afcons Infrastructure Ltd, makes its D-Street debut today today. The company boasts a strong track record of delivering numerous complex, challenging and unique engineering, procurement and construction (EPC) projects, both in India and internationally. The price range for the Afcons Infrastructure IPO has been set between ₹440 and ₹463 per equity share with a par value of ₹10. The Afcons Infrastructure IPO subscription period is scheduled to begin on Friday, October 25 and close on Tuesday, October 29.

The IPO includes a new issue of equity shares valued at ₹1,250 crore and a share offering worth ₹4,180 crores by its promoter Goswami Infratech.

As of June 30, 2024, the firm is actively involved in 65 projects in 12 countries, with a cumulative order book estimated at ₹317.47 billion.

Over the years, the company has expanded its international presence, notably in Asia, Africa and the Middle East. Afcons Infrastructure has undertaken many complex, demanding, innovative and game-changing infrastructure projects in India and globally, as highlighted in the Fitch report.

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