When was Afcons founded?

Afcons was founded in 1959 and raised its 1st funding round 61 years after it was founded.

Where is Afcons located?

Afcons is headquartered in Mumbai, India. It is registered at AFCONS HOUSE 16 SHAHINDUSTRIAL ESTATE VEERA DESAI RD AZAD NAGAR PO ANDHERI, MUMBAI, Maharashtra, India, 400053.

Which legal entities is Afcons associated with?

Afcons is associated with AFCONS INFRASTRUCTURE LIMITED and 5 others.

How many employees does Afcons have?

As of Apr 30, 2026, the latest employee count at Afcons is 8210.

Is Afcons a funded company?

Afcons is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Sep 2020.

When was the latest funding round of Afcons?

Afcons' latest funding was a $***** Conventional Debt round on Sep 2020, with participation from 3 investors.

What is the annual revenue of Afcons?

Annual revenue of Afcons is ₹13,000Cr as on Mar 31, 2025.

Where does Afcons rank among its competitors?

Afcons ranks 45th amongst 3948 active competitors, of which 41 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was AECOM, which secured $63.1K in Sep, 2025.

Who are the top competitors of Afcons?

Afcons' top competitors include AECOM, Feedback Infra and Granite Construction. Among them, AECOM secured the most recent funding round in September, 2025.

Afcons - 2026 Company Profile, Team, Funding, Competitors & Financials

Afcons is a public company based in Mumbai (India), founded in 1959. It operates as a Developer of oil & gas, underground, and urban infrastructure. Afcons has raised an undisclosed amount in funding. The company has 3948 active competitors, including 41 funded and 412 that have exited. Its top competitors include companies like AECOM, Feedback Infra and Granite Construction.

Company Details

Website: afcons.com
Social
Email ID: *****@afcons.com
Phone Number: +91 **********
Part Of
Registered Address: AFCONS HOUSE 16 SHAHINDUSTRIAL ESTATE VEERA DESAI RD AZAD NAGAR PO ANDHERI, MUMBAI, Maharashtra, India, 400053

Key Metrics

Founded Year

1959

Location

Mumbai, India

Stage

Public

Latest Funding Round

Conventional Debt, Sep 2020, $*****

Investors

SBI & 6 more

Ranked

45^th among 3948 active competitors

Annual Revenue

₹13,000Cr as on Mar 31, 2025

Employee Count

8,210 as on Apr 30, 2026

Similar Companies

AECOM & 2911 more

Exit Details

Public

View Afcons' full profile

Afcons is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
AFCONS SENER LNG CONSTRUCTION PROJECTS PRIVATE LIMITED CIN: U45400MH2015PTC260889 , India, Active	Jan 13, 2015	$0 (As on Mar 31, 2025)	-
AFCONS INFRASTRUCTURE LIMITED CIN: L45200MH1976PLC019335 , India, Active	Nov 22, 1976	$1.54B (As on Mar 31, 2025)	3427 (As on Dec 31, 2024)
AFCONS CORROSION PROTECTION PRIVATE LIMITED CIN: U28920MH1985PTC036876 , India, Active	Jul 18, 1985	$15.9K (As on Mar 31, 2025)	-
AFCONS OIL AND GAS SERVICES PRIVATE LIMITED CIN: U11200MH2020PTC341618 , India, Active	Jul 09, 2020	$0 (As on Mar 31, 2025)	-
AFCONS HYDROCARBONS ENGINEERING PRIVATE LIMITED CIN: U11101MH1984PTC032807 , India, Active	May 02, 1984	$10.3K (As on Mar 31, 2025)	-
AFCONS (MID EAST) CONSTRUCTIONS INVESTMENTS PVT LTD CIN: U45209MH1981PTC025099 , India, Active	Aug 28, 1981	$17.3K (As on Mar 31, 2025)	33 (As on Dec 31, 2024)

Afcons got listed on Nov 04, 2024.

Click here to take a look at Afcons's IPO in detail

Afcons has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Sep 2020 for $*****. 3 investors participated in its latest round. Afcons has 7 institutional investors.

Here is the list of recent funding rounds of Afcons:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 2020	4414821	Conventional Debt	7203065	3173211	4133768	3858827

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View details of Afcons's funding rounds and investors

Afcons' Board of Directors

Afcons's board has 10 active members. Shapoorji Pallonji Mistry, Subramanian Krishnamurthy and Paramasivan Srinivasan are part of team and Sitaram Kunte, Rukhshana Jina Mistry, Anurag Kumar Sachan, Atul Sobti, Giridhar Rajagopalan, Umesh Narain Khanna and Cherag Sarosh Balsara are independent board members.

Here is the list of Afcons' board of directors:

Name	Type	Representing	Status	Duration
lxyvcay	Team	-	Current	7y 2m
hayhtpf	Team	-	Current	7y 9m
juoudoe	Team	-	Current	1y 6m
Sitaram Kunte	Independent board member	-	Current	2y 1m
nysxwsl	Independent board member	-	Current	6y 7m
bouurhc	Independent board member	-	Current	4y 5m
ccwtxke	Independent board member	-	Current	7y 6m
hjwcbcv	Independent board member	-	Current	3y 1m
lbvczoa	Independent board member	-	Current	8y 9m
{wyfvdr	Independent board member	-	Current	5y 9m

Afcons' employee count trend

Afcons has 8,210 employees as of Apr 26. Here is Afcons's employee count trend over the years:

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Top competitors of Afcons include AECOM, Feedback Infra and Granite Construction. Here is the list of Top 10 competitors of Afcons, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AECOM 1990, Dallas (United States), Public	Provider of infrastructure consulting, planning, design, engineering, construction, and operations management services	$310M	Weston Presidio, Silver Canyon Group & 8 others	70/100
2nd	Feedback Infra 1990, Gurugram (India), Late Stage	Provider of integrated infrastructure services	$49.5M	Axis Bank, Necia Builders AND Developers & 8 others	65/100
3rd	Granite Construction 1922, Watsonville (United States), Public	Diversified infrastructure solutions provider specializing in construction and construction materials	-	-	68/100
4th	Hochtief 1873, Essen (Germany), Acquired	Provider of integrated infrastructure solutions	-	Europa, Grupo ACS	61/100
5th	Construction Partners 2001, Dothan (United States), Public	Provider of construction services	-	Constitution Capital Partners, Capitala Group ... & 2 others	60/100
6th	Waskita Karya 1961, Jakarta (Indonesia), Public	Provider of construction and civil engineering services	-	-	60/100
7th	GMR Group 1978, Delhi (India), Public	Operator of airports, energy, transportation, urban infrastructure, and sports businesses	-	JM Financial Private Equity, Paris Aeroport ... & 32 others	60/100
8th	Vinci 1899, France, Acquired	Provider of concessions, energy services, and construction for public infrastructure	-	MOVING ESTACIONAMENTOS, Matters & 3 others	59/100
9th	Transurban 1995, Melbourne (Australia), Public	Operator of toll roads and transport infrastructure	-	Greyrock Investments, AUI & 5 others	59/100
10th	Budimex 1968, Warsaw (Poland), Public	Infrastructure developers	-	Gamut Analytics, Heyka Capital Markets Group ... & 1 others	59/100
45th	Afcons 1959, Mumbai (India), Public	Developer of oil & gas, underground, and urban infrastructure	-	SBI, IEPF & 5 others	51/100