December 29, 2014 11:14 AM ET

Construction and Engineering

Company Overview of Shapoorji Pallonji & Company Limited

Company Overview

Shapoorji Pallonji & Company Limited, through its subsidiaries, operates in construction, real estate, infrastructure, biofuels and agriculture, consumer products, electro-mechanical and MEP services, facades and interiors, engineering, textiles, business automation, and shipping and logistics businesses in India, the Middle East, and Africa. It builds luxury apartments, affordable housing, IT parks, ITeS SEZs, institutional campuses, hospitals and R & D facilities, hotels, stadiums, entertainment hubs, cultural venues, villas, ancillary buildings, retail malls, airports, banks, corporate offices, factories, multiplexes, highways, toll ways, automobile, fertilizers/chemical, pharmaceutical, ...

41/44, Minoo Desai Marg

Colaba

Mumbai,  400005

India

Founded in 1865

Phone:

91 22 6749 0000

Fax:

91 22 6633 8176

Key Executives for Shapoorji Pallonji & Company Limited

Chief Executive Officer and Managing Director
General Manager of Operations
Vice President of Business Development
Compensation as of Fiscal Year 2014.

Shapoorji Pallonji & Company Limited Key Developments

Pension and Sovereign Funds Reportedly In Talks To Acquire 247 Park In Mumbai

Canada Pension Plan Investment Board (CPPIB), APG Algemene Pensioen Groep N.V., and Abu Dhabi Investment Authority are in talks to acquire property 247 Park in Mumbai from Milestone Capital Advisors Limited, two persons familiar with the matter said. Milestone owns 74% and Hindustan Construction Co. Ltd. (BSE:500185) owns 26% stake in 247 Park and the deal is expected to be valued over INR 10 billion. The Blackstone Group L.P. (NYSE:BX) is in advanced talks to acquire property for over INR 10 billion and negotiations had started more than a year and half ago. However, the transaction has not reached conclusion due to differences between joint owners on the structure of the proposed deal, which in fact, led to talks that the deal has been called off. APG is negotiating along with its India alliance partner The Xander Group Inc., while Shapoorji Pallonji & Company Limited is driving the discussions for CPPIB. APG and Abu Dhabi Investment Authority did not respond to Economic Times's email queries till the time of going to press, while Xander Group, Shapoorji Pallonji Group and CPPIB, in their separate responses, declined to comment on market speculation, The Economic Times reported.

Shapoorji Pallonji Enters Final Stage on Bloom Central

shapoorji pallonji has entered the final stage of construction of bloom central project a 25-storey mixed-use twin-tower complex located in the heart of the capital.as a complex bloom central will be split between the two towers with one hosting a five-star 315-room hotel and the other a 64-key executive apartments that will offer 49 two and three-bedroom residences and over 7,000 m2 of office space.

Shapoorji Pallonji Signs a Contract with Dr. Sulaiman Al Habib Group to Build a New Medical Center in Dubai

Shapoorji Pallonji has signed a contract with Dr. Sulaiman Al Habib Group to build a new medical center in Dubai Healthcare City. The new hospital will consist of six floors extending over 175,000 square meters. The new building will include 200 beds, an integrated centre for cardiac surgery, diagnostic clinics and a cardiac catheterization unit.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 13, 2014
Sterling And Wilson Ltd. Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Shapoorji Pallonji & Company Limited, please visit shapoorji.in. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.