Afcons Infrastructure Limited, a well-known player in the infrastructure sector and part of the Shapoorji Pallonji Group, is preparing to launch its initial public offering (IPO).

Afcons has a rich history dating back to 1959 and has completed 76 projects across 15 countries, totaling INR 522.20 billion. The company specializes in marine, surface transport, urban infrastructure, hydro, and oil and gas projects, making it one of India's largest international infrastructure firms.

The company's strong presence in the market is evident from its active order book of INR 317 billion from 67 ongoing projects. Afcons has consistently outperformed its peers in key performance metrics, reflecting its potential for growth and solid financial performance.

Analysts recommend subscribing to the IPO, citing Afcons' strategic initiatives for market expansion and its successful track record in executing complex engineering, procurement, and construction projects both domestically and internationally.