29 Jan 2026 | 5 Mins Read
Shapoorji Pallonji Group selects 6 banks for record Rs 8,000 crore IPO
Flipitmoney
Shapoorji Pallonji Group's real estate vertical plans to raise over Rs 8,000 crore through IPO, aiming to unlock value and pare debt. The firm has engaged advisors, including investment banks JM Financial, Motilal Oswal, and Morgan Stanley, and law firms Trilegal and AZB & Partners. The group has a development potential of over 142 million square feet across six cities.