Shapoorji Pallonji Group Companies | Subsidiaries

Shapoorji Pallonji Group, Shapoorji Pallonji And Company Private Limited is a global, diversified organization of 18 major companies. The Group deliver end-to-end solutions in 6 business segments, namely

• Engineering & Construction,
• Infrastructure,
• Real Estate,
• Water,
• Energy, and
• Financial Services.

Developing megastructures and iconic landmarks, The Shapoorji Pallonji has a dedicated workforce of over 70,000 people in over 70 countries is focused on sustainable development. Shapoorji Pallonji group net worth is among the top business groups in India

List of Companies from Shapoorji Pallonji Group

So here is the list of shapoorji pallonji group Companies [ shapoorji pallonji group subsidiaries ]

Shapoorji Pallonji Engineering & Construction

Shapoorji Pallonji Engineering & Construction (SP E&C), a division of Shapoorji Pallonji And Company Pvt. Ltd., specializes in comprehensive end-to-end solutions in the engineering & construction segment in India.

SP E&C has quite a few firsts to its name. To name a few – India’s first ISO 9001-2000 certified construction company, first Indian company to execute a project overseas (all the way back in 1975), the first LEED-certified exhibition building, and the tallest residential Twin Towers in India.

SP E&C’s growth is strengthened by the immense contribution it has made across all major sectors of the economy. The Companies is one the Main shapoorji pallonji group subsidiaries.

SP E&C offers Design-Build and General Contracting Services for IT Parks & SDCs, Airport Terminals, Industrial & Manufacturing Plants, R&D Centres, Pharma Facilities, Power Plants & Oil Refineries, Townships, Smart Cities, Water & Wastewater Treatment Plants, Public Buildings, Banks, Hospitals, Hotels, Residential Condominiums, Sports Infrastructure and Institutional Campuses.

Shapoorji Pallonji Engineering Procurement and Construction

Shapoorji Pallonji Engineering Procurement and Construction provide turnkey Engineering, Procurement and Construction (EPC) solutions in the field of power, metals and minerals, industrial solutions & special projects such as defense and chemical plants in Indian and several global markets.

Shapoorji Pallonji Engineering Procurement and Construction is one the shapoorji pallonji group subsidiaries in the Engineering and the Construction Field.

Shapoorji Pallonji Finance Private Limited

Shapoorji Pallonji Finance Private Limited (SPFPL) is a Systemically Important Non-Deposit taking NBFC (NDSI), engaged in the business of onward lending. SPFPL offers innovative structured financing solutions to Corporate and Real Estate sectors, including last-mile funding.

The company offers a seamless experience in financing various needs of clients, owing to our collaborative work culture solution-oriented approach and transparent dealings. The company is shapoorji pallonji group subsidiaries in the finance Field.

Shapoorji Pallonji Infrastructure Capital Company Pvt. Ltd

Shapoorji Pallonji Infrastructure Capital Company Pvt. Ltd. (SP Infra) is a part of the Shapoorji Pallonji Group. The business was established in 1997 to prospect, acquire, develop and maintain infrastructure assets. Committed to creating sustainable infrastructure assets that have a significant potential of delivering value to local

communities and contribute to national growth, The leverage the SP Group’s legacy of 154 years in contracting, constructing and financing projects.

Shapoorji Pallonji International

Shapoorji Pallonji International (SPINT) is the international arm of Shapoorji Pallonji Engineering & Construction (SP E&C) for its construction operations outside India.

SPINT has successfully built hundreds of diversified landmark structures worldwide in various segments, including residential, commercial, industrial, healthcare, hospitality, educational and stadiums.

This international venture by SP Group is characterized by its ability to turn projects into unique, innovative realties adapted to our client needs and market demands.

SPINT has bagged many leading properties in the Gulf region, with a portfolio that includes the Fairmont Bab Al Bahr hotel in Abu Dhabi, the Marriott Hotel Abu Dhabi, the Sultan Qaboos Palace in Muscat, Damac’s Park Towers in Dubai and the Barwa City Amenities Zone in Doha.

Numerous accolades and international recognition for SPINT include ‘International Property Award’ for Parks Tower Dubai, ‘Dubai Quality Appreciation Award’ for operations in Dubai, ‘National Best Safety Award’ in Construction, 2016 in Sri Lanka, ‘Sustainability Award’ and ‘Contractor of the Year Award’ 2014 at Qatar.

Shapoorji Pallonji Investment Advisors Private Limited

Shapoorji Pallonji Investment Advisors Private Limited is a 100% subsidiary of Shapoorji Pallonji And Company Private Limited (SPCPL).

This Investment Advisory business is a synergistic expansion to SPCPL’s existing real estate development and contracting businesses, to leverage its established brand name and expertise in the Indian market, providing it with the ability to establish a unique fully integrated real estate development and investment advisory platform.

Shapoorji Pallonji Oil and Gas Private Limited

Shapoorji Pallonji Oil and Gas Private Limited (‘SPOGL’) aims to be a premier global company in the Oil & Gas value chain encompassing floating solutions and regasification to help meet world energy demands.

The Company aspires to be a world-leading designer, fabricator, owner and operator of cutting-edge floating technologies and production and storage assets aimed at serving the global Offshore Mid and Up-stream Oil & Gas and Floating LNG markets.

The Company’s focus is on creating global benchmarks in design & engineering, EPCIC and delivering excellence in operations and maintenance of floating assets using innovative technologies with high standards and strict compliance to Health, Safety, and Environment.

The Company provides expertise in the design and engineering, procurement and construction, transportation and installation, commissioning, operation and maintenance of assets in the global oil & gas value chain market.

The Company’s accomplishments include delivering prestigious FPSO vessels for ONGC – Armada Sterling and Armada Sterling II. FPSO Karapan Armada Sterling III, also engineered and constructed by us, is the world’s first sulphur processing offshore floating facility. It has a large processing plant capable of producing approximately 25 tonnes of molten sulphur per day.

Shapoorji Pallonji Real Estate

Shapoorji Pallonji Real Estate is a well-regarded, reputed player in the Indian real estate sector owing to cutting-edge design innovation, construction quality, and architectural excellence.

The Company has created several landmarks across the country. From opulent skyscrapers to affordable housing to functional workspaces, The company committed to delivering quality lifestyle spaces. The company has developed over 13 million sq. ft. of residential and 6 million sq. ft. of commercial properties to date.

In the commercial segment, SP Infocity is a multi-city tech park that stands testimony to our capability. Within the Mass Housing space, Shukhobrishti in Kolkata is currently India’s largest mass housing project.

This township spread over 150 acres, consists of 20,000 residential units, of which half have been completed to date and occupied, providing a complete lifestyle for the families who call it their home.

SP Residency, a luxury residential development in Pune, and Parkwest, premium residences in the heart of Bengaluru, are some of the current, ongoing residential projects.

In 2016, Shapoorji Pallonji launched the brand ‘Joyville’ to deliver affordable homes across multiple locations nationwide. The company is the real estate arm of Shapoorji Pallonji Group.

Afcons Infrastructure

Afcons Infrastructure a company of the Shapoorji Pallonji Group, specializes in extreme engineering and construction. Afcons is one of the leading infrastructure development companies in India and is among the top 15 companies in marine infrastructure in the world.

With a portfolio of challenging and complex projects in over 20 countries in Asia, Africa, and the Middle East, the company has executed turnkey megastructures involving innovative design and comprehensive construction services.

Since 1959, Afcons has delivered over 350 infrastructure projects and is among the top 250 international and global contractors. The company is one of the shapoorji pallonji group subsidiaries in the Infrastructure Field.

Afcons is a leader in Marine, LNG, and Metro Rail segments in India and is ranked 10th globally in Marine and Port facilities and 22nd globally in the Bridges sector. The company was awarded ‘The Fastest Growing Construction Company’ in 2015 and has been ranked amongst India’s Most Admired Construction Companies for eight years in a row.

The company has the highest commitment to Quality, Safety & Technology, and, have successfully transitioned from being a construction giant to a knowledge enterprise. The company is infra arm of Shapoorji Pallonji Group.

Eureka Forbes Limited

Eureka Forbes Limited is India’s leading health and hygiene brand with a base of 20 million happy customers, a reach of over 1,500 cities and towns in India and a global footprint across 53 countries.

The product portfolio encompasses water purifiers, air purifiers, vacuum cleaners, and security solutions. Aquaguard, the flagship water purifier brand of Eureka Forbes and has been conferred with numerous Indian and international awards for its superior technology.

In its 37 years of existence, Eureka Forbes has been a pioneer and trendsetter in direct selling in India and today is one of the largest direct-selling companies in the world. In addition to being Asia’s largest direct sales force, Eureka Forbes has the dealer and institutional channels, an inventive business partner network, a rural channel and one of the most expansive service networks in India.

Forbes & Co

Forbes & Co. is the oldest registered company in India and one of the oldest companies in the world. Established in the year 1767, Forbes & Company Limited was initially engaged in manufacturing, trading, and shipping.

Under the stewardship of Shapoorji Pallonji, Forbes & Co. is the parent company that helms Forbes Engineering, Forbes Real Estate, Shapoorji Pallonji Forbes Shipping, Forbes Technosys, and Eureka Forbes.

• TurnOver: Rs 2,855 Cr.
• Market Cap:  1,352 Cr.
• Dividend Yield: 0.24 %
• ROCE: 7.46 %
• ROE: 0.15 %

With diversified interests in Precision Tools manufacturing, Marking & Coding Solutions and Automation, Realty, Shipping, Water and Air Purification Solutions and Money Transfer Solutions, Forbes and its subsidiaries are pioneers in their respective segments.

Forbes Engineering is a leading manufacturer of precision products in four segments – cutting tools, turnkey solutions for marking and traceability, industrial automation, and spring lock washers.

Forbes Real Estate has backed Vicinia, the premium residential tower in Powai, under the stewardship of Shapoorji Pallonji Group. One of the oldest company from Shapoorji Pallonji Group.

Eureka Forbes is a consumer goods company providing high-quality water and air purification solutions and security solutions systems. A leader in the health & hygiene segment in India, Eureka’s flagship purification products Aquaguard and Aeroguard are the most sought-after in the market.

Forbes Technosys is a pioneer in providing financial money transfer services and is a leading manufacturer of queuing, ticketings and banking self-service automation solutions like ATMs, passbook printing machines and currency counting machines.

Shapoorji Pallonji Forbes Shipping Limited is a company with a liquid cargo-carrying capacity of 52,000 Deadweight Tonnage (DWT) across the globe, with plans for global expansion.

NO	Brand Name
1	Shapoorji Pallonji Engineering & Construction
2	Shapoorji Pallonji Engineering Procurement and Construction
3	Shapoorji Pallonji Finance Private Limited
4	Shapoorji Pallonji Infrastructure Capital Company Pvt. Ltd
5	Shapoorji Pallonji International
6	Shapoorji Pallonji Investment Advisors Private Limited
7	Shapoorji Pallonji Oil and Gas Private Limited
8	Shapoorji Pallonji Real Estate
9	Afcons Infrastructure
10	Eureka Forbes Limited
11	Forbes & Co
12	Forvol International Services Ltd
13	Sterling and Wilson
14	SD Corp
15	OSCO (Oman Shapoorji Company LLC)
16	Next Gen

Forvol International Services Ltd

Forvol International Services Ltd is the travel and leisure services company recognized by the Ministry of Tourism, GOI. Enabling effortless travel planning, Forvol commenced operations in 1969 as an in-house IATA affiliated agency with a complete bouquet of travel services strongly supported by a team of travel & tourism professionals.

With trade affiliations including Pacific Asia Travel Association (PATA), Travel Agent`s Association of India (TAAI), Travel Agents Federation of India (TAFI) and Indian Association of Tour Operators (ITO), Forvol is a leading service provider of domestic & international tour and travel packages.

The well-integrated network of 8 IATA accredited offices ensures seamless service and prompt response to customer needs.

Sterling and Wilson

Established in 1927 in India, Sterling, and Wilson has over 90 years of legacy as an EPC company, having earned a reputation of being amongst the most trusted names in the infrastructure and energy space within India. One of the shapoorji pallonji group subsidiaries.

Over the years, Sterling and Wilson have widened its reach across Asia, Africa, and the Middle East with an expanded presence in Europe and the Americas. Forging a global network, with a manpower strength of more than 4,600 people from 20 different countries, has given a fillip to the international business network.

The company, which was initially focused on MEP projects in India, over the last decade has set up global operations in MEP, Diesel Generator sets, Gas-based Power Plants, Waste-to-Energy, Turnkey Data Centers, Transmission & Distribution, and Solar EPC.

With its recent foray into Wind and Energy Storage and solar power manufacturing, Sterling and Wilson are perfectly poised to play a pivotal role in the global trend of moving away from thermal plants to a future of renewable energy with storage.

The company has also provided a thrust in writing India’s new growth story through successful execution of projects across sectors including marine ports, airports, manufacturing plants, nuclear plants, hotels, and hospitals.

SD Corp

SD Corp works on redeveloping communities, transforming lives and creating quality spaces with their projects. A joint venture of Shapoorji Pallonji and Dilip Thacker Group, SD Corp has executed some of India’s most acclaimed real estate projects.

The key mission of the company is to be the developer of choice in the Mumbai Metropolitan Region (MMR) and its environs by redeveloping communities, transforming lives and creating quality spaces.

SD Corp is the name behind some of the most iconic structures in Mumbai’s skyline. The Imperial, in South Mumbai, is the tallest twin tower structure in India. one of the shapoorji pallonji group subsidiaries.

High-rise, premium, residential towers like The Imperial Edge, The Lumiere, Alpine, Epsilon and Astron dotting the skyline of Mumbai are projects reflecting the mission of SD Corp.

The key vision lies in piloting flagship redevelopment projects and to create and manage an asset base of high-end hotels and clubs as part of the mixed-use development of projects. SD Corp is also directed at establishing an international presence with iconic real estate developments in other global financial centers, such as Manhattan, in the long term.

OSCO (Oman Shapoorji Company LLC)

Established in 1975, OSCO (Oman Shapoorji Company LLC) has become a part of Oman`s growth story by delivering some of the finest landmarks in the Sultanate. The company continues to be a significant player, contributing to the growing construction activities in the region.

A team of 30 engineers from Shapoorji Pallonji Group landed in Oman to construct the Qasr Al Alam Palace for His Majesty of Oman. The company is one of the shapoorji pallonji group subsidiaries.

OSCO has achieved over 40 years of successful presence with 6500+ employees, transforming the infrastructure and landscape of Oman. OSCO’s diverse portfolio includes facilities for Government, Ministries, Educational Institutions, Hospitals, Hotels, Mosques, Public & Private estates, Villas, Army Camps, Air Force & Naval Base.

Next Gen

Next Gen is a pioneer in the field of “ezines” in India, distributing high-quality premium magazines in both print and digital newsstands (among Indian publishers). The brand is one of the shapoorji pallonji group subsidiaries.

The Company is also available on key global digital ezine platforms. Engaging with the new-age readers of the digital world, Next Gen operates up-to-the-minute websites for all its publications.

Launched in January 2005 with the promise of offering the finest in the field of publishing, Next Gen has flourished into a leading publisher of special interest magazines in the consumer, business, and trade magazine segments in India.

Next Gen has a portfolio of six B2C technology magazines that are highly acclaimed in their respective categories.

So finally these are the list of shapoorji pallonji group subsidiaries [ Companies ].