Indian engineering works on robust order book amounting to $7bn
Kalpataru Projects International Ltd (KPIL) says Rs.300 crore raised through the issuance of Non-convertible Debentures (NCDs) on private placement basis was listed on the Wholesale Debt Market Segment of BSE Ltd https://www.bseindia.com/ on 13 June 2024.
KPIL https://www.kalpataruprojects.com/ has a robust order book amounting to US$7 billion as of 31 March 2024, and a consolidated revenue of US$2.4 billion for FY24.
According to the filing, “The company has raised Rs.300 crore by allotment of 30,000 NCDs of the face value of Rs.100,000 each on private placement basis.”
KPIL, a part of the illustrious Kalpataru Group, is one of India’s largest listed, diversified engineering and construction companies engaged in Power Transmission & Distribution (T&D), Buildings & Factories (B&F), Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports https://www.nseindia.com/ .
Since inception in 1981, the company has been consistently creating sustainable value for diverse stakeholders through our cutting-edge Engineering, Procurement, and Construction (EPC) solutions, establishing ourselves as one of the largest global players with a presence in over 70 countries https://www.conexpoconagg.com/ .
Leveraging the potential of well-diversified and high-growth business verticals, it has globally executed orders worth over US$14 billion across industries such as Power Transmission & Distribution, Buildings & Factories, Water Supply & Irrigation, Railways, Oil & Gas Pipelines, Urban Mobility (Flyovers & Metro Rail), Highways and Airports http://deutsche-boerse.com .
Currently, KPIL is executing more than 300 projects in over 30 countries. Furthermore, it has strengthened presence in Sweden and Brazil the acquisitions of Linjemontage https://linjemontage.se/ and Fasttel https://www.fasttel.com/en/ .
Over the years, it has developed technologically fortified operations that utilize cutting-edge processes and advanced design and testing facilities, ensuring the strength and quality of our projects. Fiinews.com
