Shapoorji pallonji ipo. The IPO will open for subscription on October 25, 2024.
- Shapoorji pallonji ipo Five companies, including Afcons Infrastructure, Godavari Biorefineries, Shivalik Engineering Industries, Quadrant Future Tek, and Enviro Infra Engineers, have received SEBI approval to raise funds through IPOs. Shares of Shapoorji Pallonji Group’s Afcons Infrastructure were listed Oct 2, 2024 · The IPO is a combination of fresh equity of shares and an offer-for-sale. Nov 4, 2024 · Afcons Infrastructure Stocks, Afcons Infrastructure IPO Listing Updates 4 Nov 2024: Afcons Infrastructure shares in focus. 77 times, and the shares are likely to be allotted to investors today. 74 crores in 2024 against a profit of ₹410. The IPO will open for subscription on October 25, 2024. Mar 29, 2024 · As of December 2023, Goswami Infratech Pvt Ltd has 72. At the Tata Sons AGM, the SP Group praised the performance under chairman N Chandrasekaran. Oct 25, 2024 · Afcons Infrastructure IPO: On the first day of the issue, the IPO of the Shapoorji Pallonji arm was not fully subscribed, and the GMP dropped to ₹15 per share. The minimum order quantity is . Jun 28, 2023 · Currently, Shapoorji Pallonji and Company (SPCPL), the holding company of SP Group, which holds an 18. The company reported revenue of ₹13,646. Oct 29, 2024 · Afcons Infrastructure IPO is a main-board IPO of 117278618 equity shares of the face value of ₹10 aggregating up to ₹5,430. The company operates in various sectors, including marine, transport, urban, hydro and oil and gas projects. By Shravani Sinha. Sep 16, 2024 · The IPO will mark the second time a company from the Shapoorji Pallonji Group has tapped the primary market, following Sterling and Wilson Renewable Energy Ltd. 37% stake in Tata Sons, has suggested exploring an IPO to unlock value for stakeholders. Mar 29, 2024 · The offer includes a reservation for subscriptions by eligible employees. The IPO opens on October 25, 2024, and closes on October 29, 2024. Through the IPO, the Shapoorji Pallonji Group's infrastructure engineering and construction company plans to raise around Rs 5430 crore. 35 percent stake while Shapoorji Pallonji and Company 16. 09 crore in 2023. 87 crores in 2024 against ₹12,844. Oct 25, 2024 · The Afcons Infrastructure IPO, part of the Shapoorji Pallonji Group, was launched on October 25, 2024. The three-day subscription will close on October 29 (Tuesday). 64% stake in Afcons Infrastructure Ltd. . 37 percent stake in Tata Sons, has a debt of around Rs 20,000 crore, according to media Sep 16, 2024 · Afcons Infrastructure, the infrastructure flagship of Shapoorji Pallonji Group, has received Sebi approval for its IPO. 00 Crores. Updated: Tuesday, September 17, 2024, 8:58 [IST] Oct 30, 2024 · Afcons Infrastructure, a construction and engineering company under the Shapoorji Pallonji group, closed its initial public offer (IPO) on October 29, 2024. Jun 21, 2023 · Shapoorji Pallonji group unit Afcons has begun discussions with banks for an initial public offering (IPO) of shares as it looks to monetise assets to help meet payment commitments made in loan Oct 28, 2024 · Afcons Infrastructure Ltd's IPO saw a 10% subscription on the first day, with significant interest from retail and non-institutional investors. October 25 (Friday). 35% stake, while Shapoorji Pallonji and Company owns a 16. Earlier, the plan was to raise Rs 7,000 crore in the IPO. . Sep 17, 2024 · News. As per the market sources, it is the largest infra IPO in a decade. The ₹5,430 crore issue was subscribed 2. Jun 6, 2019 · Mumbai: The 150-years-old privately held conglomerate, Shapoorji Pallonji Group, is planning to make its first initial public offering with a Rs 4,500 crore issue of arm Sterling & Wilson Solar. 37 percent stake in Tata Sons, has suggested that the Tata Group holding company should consider an initial public offering (IPO Oct 19, 2024 · Afcons Infrastructure IPO: The Shapoorji Pallonji group’s engineering and construction arm is all set to raise ₹5,430 crore via public issue for which bidding will open on October 25. Aug 20, 2024 · In a bid to consolidate its real estate holdings across key cities, the Mumbai-headquartered conglomerate Shapoorji Pallonji Group has formed a new holding company — Shapoorji Pallonji Real Estate (SPRE). Oct 28, 2024 · The allotment of Afcons Infrastructure IPO date is November 4, 2024. The higher deal size is likely to come from an additional stake sale by the Shapoorji Pallonji group rather than higher valuations, the sources said. Proceeds worth Rs 150 crore from the issue will be used Nov 4, 2024 · Shapoorji Pallonji group’s flagship raised ₹5,430 crore via IPO at a price band of ₹440-463 per share Advertisement Shares of Afcons Infrastructure, a subsidiary of the Shapoorji Pallonji Group (SP Group), made a weak debut on the domestic stock exchanges on Monday, which was below Street expectations. Sep 17, 2024 · The Mistry family-run Shapoorji Pallonji (SP) Group, which owns 18. Afcons Infrastructure IPO Key Details: IPO Open Date: October 25, 2024 Oct 19, 2024 · Afcons Infrastructure IPO is a combination of fresh issuance of equity shares worth Rs 1,250 crore, and an offer-for-sale of shares worth Rs 4,180 crore promoter Goswami Infratech. Shapoorji Pallonji (SP) Group has Bidding Dates Min. Afcons Infrastructure's IPO is a book-built issue of Rs 5,430 crore, comprising a fresh issue of 26,997,840 shares, and an offer for sale by promoter Goswami Infratech, divesting 90,280,778 shares with a face value of Rs 10 ap Oct 24, 2024 · Afcons Infrastructure IPO GMP Today: The subscription of the initial public offering of Shapoorji Pallonji Group firm Afcons Infrastructure Limited IPO will open tomorrow i. The conglomerate also plans to launch an initial public offering (IPO) of the company, according to a report in The Economic Times. Oct 7, 2024 · Now, it plans raise up to Rs 4,000 crore in a pre-IPO round and around Rs 4,500 crore in the IPO. after the SP Group divested shares to alleviate debt. The company reported a profit of ₹449. Investment Lot Size Price Range; 25 Oct ‘24 - 29 Oct ‘24 ₹14,080: 32 ₹440 - ₹463 Apr 1, 2024 · As of December 2023, Goswami Infratech Pvt Ltd holds a 72. शापूरजी-ग्रुप की कंपनी को ipo के लिए sebi की मंजूरी: ₹7,000 करोड़ Oct 25, 2024 · Afcons Infrastructure IPO: The initial public offering (IPO) of Shapoorji Pallonji Group's flagship company, Afcons Infrastructure, opens for public subscription today. The issue is priced at ₹440 to ₹463 per share. The IPO includes a mix of Oct 16, 2024 · The Shapoorji Pallonji (SP) group is expected to make a Rs 1,800 crore interest payment to its bondholders by the end of October following the closure of the Gopalpur port stake sale and the Sep 16, 2024 · Shapoorji Pallonji group's firm Afcons Infrastructure, 4 others get Sebi's nod to float IPOs Going by the draft papers, Afcons Infrastructure Ltd's Rs 7,000-crore proposed IPO is a combination of a fresh issue of shares worth Rs 1,250 crore and an offer for sale (OFS) of up to Rs 5,750 crore by a promoter Goswami Infratech Pvt Ltd. Shapoorji Pallonji Group's Firm Afcons Infrastructure, 4 others Get Sebi's Nod to Float IPOs. Sterling and Wilson Renewable Energy made its stock market debut in August 2019 but was later acquired by Reliance Industries Ltd. Sep 16, 2024 · Shapoorji Pallonji group’s flagship firm, Afcons Infrastructure Limited (AIL), has received approval from market regulator Securities and Exchange Board of India (SEBI) to raise Rs 7,000 crore through an initial public offering (IPO). Link Intime India Private Ltd. Sep 17, 2024 · Afcons Infrastructure IPO: Shapoorji Pallonji Group Company Gets SEBI Nod For Rs 7,000 Crore Public Issue. 32. However, a major chunk IPO proceeds will go to the promoters’ group company. 64 percent stake in the firm. Oct 24, 2024 · Afcons Infrastructure IPO: The Shapoorji Pallonji arm mobilised ₹1,621 crore from anchor investors. is the registrar for the Sep 17, 2024 · The Shapoorji Pallonji Group, holding an 18. e. The Rs 5,430-crore IPO, open until October 29, combines a fresh issue and an offer for sale, with proceeds aimed at buying equipment, working capital, and debt repayment. The company, in consultation with the book-running lead managers, may consider undertaking a further issue of equity shares through a preferential issue or any other method for a cash consideration aggregating up to Rs 250 crore as a "pre-IPO placement". The company aims to raise Rs 5,430 crore through this public issue. 80 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term. Oct 21, 2024 · The initial public offer (IPO) of Afcons Infrastructure will open for subscription on October 25 and bidding for the issue can be done till October 29. This marks a potential thaw in relations following years of legal battles after Cyrus Mistry's ousting. neotz mgxhdjz lxvh uqrkjx ofxsh dbuhp xkbuynk qhe zlf ghdzp
