Shapoorji Pallonji Group likely to upsize Afcons Infrastructure IPO plan to Rs 8,500 crore: Report
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.
Shapoorji Pallonji Group to raise $2 billion via asset sale in engineering firm: Report
Mumbai: Shapoorji Pallonji Group, owned by billionaire Shapoor Mistry, is contemplating the sale of assets, including a controlling stake in its primary engineering company, that is expected to generate around $2 billion, Bloomberg reported citing sources.