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Hazoor Multi Projects acquires Quippo Oil and Gas Infrastructure

07 Aug 2025 Evaluate

Hazoor Multi Projects (HMPL) has acquired Quippo Oil and Gas Infrastructure (Quippo) through a competitive Swiss Challenge bidding process. The company is aiming to strategically expand into India’s upstream Oil & Gas sector, with a particular focus on offshore services-marking a significant step toward growth, diversification, and long-term value creation.

By integrating Quippo’s established oilfield service capabilities with HMPL’s proven execution excellence, the Company is well-positioned to unlock operational synergies across its infrastructure and energy verticals, thereby establishing a structurally advantaged platform for sustainable value creation. This acquisition immediately strengthens HMPL’s eligibility to pursue large-scale offshore and integrated energy service contracts-both within India and in key emerging international markets.

Hazoor Multi Projects is a leading player in the Indian infrastructure sector, specializing in a diverse range of projects including road construction, bridges, flyovers, and other civil engineering works.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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