Sadbhav Infrastructure Project Limited (SIPL), established in 2007, is primarily engaged in the development, operation, and maintenance of road infrastructure assets, focusing on Build-Operate-Transfer (BOT) and Hybrid Annuity Mode (HAM) projects. As a subsidiary of Sadbhav Engineering Limited, SIPL benefits from an integrated approach in BOT projects, enhancing profitability by minimizing third-party reliance. The company's portfolio includes 23 projects, comprising operational toll and annuity projects and under-construction HAM projects, with a total project cost of Rs 219 billion.
SIPL's strategic expansions include acquiring stakes in key infrastructure projects and forming wholly-owned subsidiaries for highway development. The company entered the capital market in 2015 with an oversubscribed IPO and has since executed significant refinancing and project acquisitions. SIPL has consistently pursued a mix of toll and annuity projects to diversify its portfolio. A notable transaction includes the sale of a 49% stake in Maharashtra Border Check Post Network Limited to Adani Road Transport Limited, as part of its strategic divestment initiatives.
