AFCONS Infrastructure Files Rs.7,000 Cr IPO

08 Apr 2024 CW Team

With a rich legacy spanning decades, AFCONS Infrastructure has established itself as a trusted name synonymous with excellence and innovation in the construction and engineering domain. The company has been instrumental in delivering landmark projects across various sectors, including transportation, energy, marine, and industrial infrastructure, both domestically and internationally.

The decision to go public reflects AFCONS Infrastructure's strategic vision and confidence in its future prospects. By tapping into the capital market, the company seeks to leverage investor confidence and bolster its financial capabilities to undertake larger and more complex projects. The funds raised through the IPO will be utilised to finance ongoing projects, invest in new ventures, and strengthen the company's balance sheet, thus positioning it for sustained growth and success.

AFCONS Infrastructure's IPO is poised to attract significant attention from investors, given the company's robust track record, diversified portfolio, and strong market position. The offering presents an opportunity for investors to participate in the growth story of one of India's leading infrastructure players and contribute to the nation's development journey.

Moreover, AFCONS Infrastructure's commitment to sustainability and corporate governance further enhances its appeal to investors seeking socially responsible investment opportunities. The company's adherence to stringent quality standards, focus on innovation, and emphasis on environmental conservation underscore its dedication to creating value for all stakeholders while maintaining ethical business practices.

As AFCONS Infrastructure embarks on this transformative journey with its IPO, it reinforces its commitment to delivering excellence, driving innovation, and contributing to the socio-economic development of the regions it operates in. With a strong foundation built on integrity, expertise, and vision, AFCONS Infrastructure is poised to chart new heights of success and emerge as a global leader in the infrastructure sector.

AFCONS Infrastructure Limited, a leading player in the infrastructure sector, has taken a significant step towards expansion and growth by filing papers for its initial public offering (IPO) worth ?7,000 crore. This move marks a pivotal moment for the company as it aims to raise substantial funds to fuel its ambitious projects and ventures. With a rich legacy spanning decades, AFCONS Infrastructure has established itself as a trusted name synonymous with excellence and innovation in the construction and engineering domain. The company has been instrumental in delivering landmark projects across various sectors, including transportation, energy, marine, and industrial infrastructure, both domestically and internationally. The decision to go public reflects AFCONS Infrastructure's strategic vision and confidence in its future prospects. By tapping into the capital market, the company seeks to leverage investor confidence and bolster its financial capabilities to undertake larger and more complex projects. The funds raised through the IPO will be utilised to finance ongoing projects, invest in new ventures, and strengthen the company's balance sheet, thus positioning it for sustained growth and success. AFCONS Infrastructure's IPO is poised to attract significant attention from investors, given the company's robust track record, diversified portfolio, and strong market position. The offering presents an opportunity for investors to participate in the growth story of one of India's leading infrastructure players and contribute to the nation's development journey. Moreover, AFCONS Infrastructure's commitment to sustainability and corporate governance further enhances its appeal to investors seeking socially responsible investment opportunities. The company's adherence to stringent quality standards, focus on innovation, and emphasis on environmental conservation underscore its dedication to creating value for all stakeholders while maintaining ethical business practices. As AFCONS Infrastructure embarks on this transformative journey with its IPO, it reinforces its commitment to delivering excellence, driving innovation, and contributing to the socio-economic development of the regions it operates in. With a strong foundation built on integrity, expertise, and vision, AFCONS Infrastructure is poised to chart new heights of success and emerge as a global leader in the infrastructure sector.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..