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Shapoorji Pallonji Group likely to upsize Afcons Infrastructure IPO plan to Rs 8,500 crore: Report

Shapoorji Pallonji Group likely to upsize Afcons Infrastructure IPO plan to Rs 8,500 crore: Report

Oct 01, 2024, at 07:50 pm

Mumbai/IBNS: The Shapoorji Pallonji (SP) Group is considering increasing the size of the initial public offering (IPO) for Afcons Infrastructure Ltd, with the aim of raising between Rs 8,000 and Rs 8,500 crore due to strong interest from institutional investors, Moneycontrol reported, citing people familiar with the matter.