Shapoorji Pallonji Group

Shapoorji Pallonji & Company Private Limited
Company typePrivate
IndustryConglomerate
Founded1865; 159 years ago (1865)
FounderPallonji Mistry
Headquarters
Mumbai
,
India
Key people
  • Shapoor Mistry (Chairman)
  • Pallon S. Mistry
    (President, Corporate Affairs)
Services
  • Construction and engineering
  • Infrastructure
  • Energy
  • Water treatment
  • Real estate
  • Financial services
  • Textiles
  • Electronic publishing
RevenueDecrease ₹33,375 crore (US$4.0 billion) (FY23)[1]
Decrease ₹−1,915 crore (US$−230 million) (FY23)[1]
Owners
  • Shapoor Mistry (50%)
  • Firoz Cyrus Mistry (25%)
  • Zahan Cyrus Mistry (25%)[2]
Subsidiaries
Websitewww.shapoorjipallonji.com Edit this at Wikidata

Shapoorji Pallonji & Company Private Limited (SPCPL), trading as Shapoorji Pallonji Group,[3] is an Indian conglomerate headquartered in Mumbai. Its primary business interests include construction and engineering, infrastructure, real estate, energy, and textiles, among others.[4] The company was headed by a grandson of founder Pallonji Mistry, also named Pallonji Mistry, until 2012, when he announced his retirement and the succession of his son, Shapoor Mistry.[5][6]

Shapoorji Pallonji is regarded as "one of India's most valuable private enterprises".[7] The Shapoorji Pallonji Group has three listed companies–Afcons Infrastructure, Forbes & Company Ltd,[8] and Gokak Textiles.[9]

The company is known for building some of Mumbai's landmarks around the Fort area, including the Hong Kong Bank, Grindlays Bank, Standard Chartered Bank and Reserve Bank of India building, Bombay Stock Exchange building and Taj Intercontinental.[10] Apart from these, the company has built Al Alam Palace[11] for the Sultan of Oman in 1972.[12][13] Other notable projects include The Imperial in Mumbai, Jumeirah Lake Towers in Dubai and Ebene Cyber City in Mauritius.[13]

  1. ^ a b John, Nevin (11 April 2024). "Shapoorji Pallonji Group: To Hell & Back". Fortune India. Retrieved 28 September 2024.
  2. ^ "Meet Cyrus Mistry's Sons, India's Richest Billionaires Under 30". NDTV.com. Retrieved 30 October 2024.
  3. ^ "About Us – Shapoorji Pallonji Group". www.shapoorjipallonji.com. Retrieved 3 November 2020.
  4. ^ "Jetropha Mission in Uttar Pradesh". Retrieved 17 March 2012.
  5. ^ Zachariah, Reeba (10 March 2012). "Pallonji set to quit after six decades". Mumbai. The Times of India. Retrieved 17 March 2012.
  6. ^ Kurien, Bobby (25 November 2011). "Shapoor to take charge at Shapoorji Pallonji Group". The Economic Times. Archived from the original on 4 October 2013. Retrieved 22 December 2013.
  7. ^ "Cyrus Mistry: How he won the race to succeed Ratan Tata?". The Times of India. 24 November 2011. Retrieved 20 March 2012.
  8. ^ "Shapoorji Pallonji's Forbes & Co up 9%". Indian Express. 24 November 2011. Retrieved 20 March 2012.
  9. ^ "Shapoorji Pallonji readies IPO for arm". The Times of India. 23 December 2006. Retrieved 20 March 2012.
  10. ^ "Pallonji Mistry is Ireland's richest person". Rediff.com. 1 April 2010. Retrieved 17 March 2012.
  11. ^ "Political situation in Oman". Arabian Gulf Digital Archives. National Library and Archives of the UAE. 1973. p. 74.
  12. ^ "Mughal-e-Azam Of Realty Biz". The Times of India. 24 November 2011. Retrieved 20 March 2012.
  13. ^ a b "Phantom Of Bombay House". Businessworld. 20 June 2009.