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Afcons Infrastructure raises Rs 50 crore through NCDs

15 Oct 2025 Evaluate

Afcons Infrastructure has raised Rs 50 crore through the allotment of 5000 Rated, Unsecured, Listed, Redeemable Non-Convertible Debentures (NCDs) of Face value of Rs 1,00,000 each on private placement basis on October 14, 2025. The NCDs have a 3-year tenure with an 8.40% annual coupon rate.

Afcons Infrastructure is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group.


Peers
Company Name CMP
Larsen & Toubro 3931.60
Kalpataru Projects 1355.95
NCC 119.00
Rail Vikas Nigam 188.50
KEC International 347.85
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