CDPQ, Actis vie for Ashoka Concession's BOT road assetsAshoka Buildcon holds 66% stake in Ashoka Concessions, with SBI Macquarie holding the rest. SBI Macquarie had invested Rs 800 crore in Asho...
11 Dec, 2023, 11.41 PM IST
Ashoka concessions restarts talks to sell BOT toll road assetsAshoka Concessions, a subsidiary of Ashoka Buildcon, is in talks with global funds including Canada's CDPQ, Macquarie, Cube Highways, and I...
14 Sep, 2023, 12.42 AM IST
Sekura in talks to buy Ashoka Buildcon's $670 million road assets"Sekura has started diligence on these roads," one of the sources said. "Ashoka's portfolio is one of the bigger HAM portfolios available a...
28 Jun, 2023, 01.06 AM IST
KKR and Sekura among companies in fray for Ashoka's road assets"While many HAM assets are on sale in the market, they are small two-three asset portfolios. Ashoka's portfolio is one of the biggest HAM p...
23 Apr, 2023, 11.26 AM IST
NIIF may acquire Ashoka Buildcon toll road company for Rs 1,000 croreJaora-Nayagaon Toll Road was originally owned by a consortium of four developers - SREI Group, PNC Infratech, IFCI and SPML Infra, as a spe...
03 Jun, 2022, 10.38 AM IST
NIIF in talks to acquire Ashoka Concessions’ 3 operating road assetsThe management of Ashoka Concession plans to split the portfolio of 15 road assets into separate assets and sell to investors as the sale o...
15 Mar, 2021, 08.40 AM IST
CPPIB leads race to buy Ashoka Concessions for Rs 5,500 croreSeveral companies were on the run to acquire Ashoka Concessions for an enterprise value of Rs 5,000-6,000 cr as revenue-generating highway ...
24 Dec, 2019, 06.32 AM IST
CDPQ, others in fray to buy Ashoka ConcessionsShareholders SBI Macquarie Infrastructure Investment Fund and Ashoka Buildcon plan to sell 100% in toll-road projects co; deal may value co...
30 May, 2019, 07.12 AM IST
NHAI awards Rs 1,395 crore contract for highway in KarnatakaThe four-laning of Belgaum-Khanapur Section of about 30 km has been awarded to Ashoka Concessions on Hybrid Annuity Mode at a cost of Rs 89...
23 Mar, 2018, 05.17 PM IST
Ashoka Buildcon arm lowest bidder for Rs 1,187-cr AP projectThe report said,"ACL emerged as the lowest bidder at the financial bid opening meeting. The bid project cost quoted by ACL is Rs 1,187.10 c...
16 Mar, 2017, 01.55 PM IST
Midcap mantra: Ashoka Buildcon is on a safe road with strong order bookOn the construction side, the company has an order book of Rs 5,520.4 crore, which provides revenue visibility for at least two years.
12 Dec, 2016, 08.37 AM IST
PE funds ensure smoother ride for Ashoka Buildcon800 crore from SBI-Macquarie Private Equity Fund for its developer arm Ashoka Concessions, thanks to its superior execution skills.
06 Feb, 2014, 05.30 AM IST
SBI Macquarie invests Rs 110 crore in Ashoka Buildcon road construction subsidiary ACLSBI Macquarie, private equity style infrastructure investment fund, has invested Rs 110 crore in Ashoka Buildcon's road construction subsid...
04 Oct, 2013, 06.33 PM IST
Hot stock: Centrum sees over 60% upside in Ashoka BuildconA commitment of capital infusion from SBI-Macquarie is also likely to free up Ashoka’s equity but also provide visibility on the revenue po...
30 May, 2013, 04.20 PM IST
- Ashoka Buildcon announces dividend post December quarter results
The company's order book stands at Rs 4072 crore. This is over thrice its FY12 revenues from construction segment.
08 Feb, 2013, 05.13 PM IST
- PE investment in Ashoka Buildcon's subsidiary helps company bid for bigger projects
By bidding through its subsidiary Ashoka Concessions, which has secured an investment of Rs 700 crore, Ashoka Buildcon would bid for projec...
24 Aug, 2012, 02.15 PM IST
- Macquarie SBI Infra Fund, SBI Macquarie Infra Trust to invest $150 million in Ashoka Concessions
Ashoka did the first private equity placement from a pedigreed investor, IDFC Private Equity in 2006 and got listed in 2010 with a market c...
13 Aug, 2012, 07.22 PM IST