The JSW Infrastructure IPO commenced on September 25, 2023, and concluded on September 27, 2023. The allotment of shares took place on October 3, 2023, and the initiation of refunds began on October 4, 2023. The shares were credited to the demat accounts of investors on October 5, 2023. Finally, the listing of JSW Infrastructure on the stock exchange occurred on October 6, 2023.
The JSW Infrastructure IPO was priced at ₹113 to ₹119 per share, with a lot size of 126 shares. The total issue size was ₹2800 crores, comprising a fresh issue of ₹2800 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
JSW Infrastructure IPO Basic Details
|Company Name||JSW Infrastructure Limited|
|Domain of Company||Maritime Services Company|
|JSW Infrastructure IPO GMP Today||₹17|
|JSW Infrastructure IPO Listing Gain||14.29%|
|JSW Infrastructure IPO Open Date||September 25, 2023|
|JSW Infrastructure IPO Close Date||September 27, 2023|
|JSW Infrastructure IPO Allotment Date||October 3, 2023|
|JSW Infrastructure IPO Listing Date||October 6, 2023|
|Face Value||₹2 per share|
|Price||₹113 to ₹119 per share|
|Lot Size||126 Shares|
|Issue Size||235,294,118 shares of ₹2|
(aggregating up to ₹2,800.00 Cr)
|Fresh Issue||235,294,118 shares of ₹2|
(aggregating up to ₹2,800.00 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE, BSE|
|Company Promoters||Mr. Sajjan Jindal and|
Sajjan Jindal Family Trust
JSW Infrastructure IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|22 September 2023||₹17||14.29%||–||–|
JSW Infrastructure Limited IPO Details:
JSW Infrastructure Limited, established in 2006, offers various maritime services such as handling cargo, storage solutions, and logistics. They also build and run ports and port terminals through Port Concessions.
This company is a part of the JSW Group and collaborates with JSW Group Customers (Related Parties) to pursue growth opportunities. In the fiscal year 2022, JSW Infrastructure became the second-largest commercial port operator in the country in terms of cargo handling capacity.
Currently, they handle different types of cargo, including dry bulk, break bulk, liquid bulk, gases, and containers. Some of the cargo they manage includes thermal coal, non-thermal coal, iron ore, sugar, urea, steel products, rock phosphate, molasses, gypsum, barites, laterites, edible oil, LNG, LPG, and containers.
JSW Infrastructure operates ports and port terminals with concession periods typically ranging from 30 to 50 years, ensuring steady long-term revenue.
The company has a nationwide presence, with Non-Major Ports in Maharashtra and port terminals at Major Ports across industrial areas in Goa, Karnataka (west coast), Odisha, and Tamil Nadu (east coast). They also have international terminals at Fujairah and Dibba in the UAE.
As of June 30, 2023, JSW Infrastructure Limited runs nine Port Concessions in India, with a total cargo handling capacity of 158.43 million metric tons per annum (MTPA). Their cargo handling capacity in India has seen a growth rate of 15.27% from March 31, 2021, to March 31, 2023.
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JSW Infrastructure IPO FAQs
When is JSW Infrastructure IPO open?
JSW Infrastructure IPO will open on September 2023.
When is JSW Infrastructure IPO Close?
JSW Infrastructure IPO will be closed on September 2023.
What is JSW Infrastructure IPO GMP Today?
The JSW Infrastructure IPO GMP aka Grey Market Premium is ₹.
What is JSW Infrastructure IPO Kostak Rates Today?
The JSW Infrastructure IPO Kostak Rate is ₹000.
What is JSW Infrastructure IPO Subject to Sauda Price Today?
The JSW Infrastructure IPO subject to sauda rates is ₹000.
JSW Infrastructure IPO Expected Returns?
The JSW Infrastructure expected return is 14.29%.
How much will be the listing gain in JSW Infrastructure IPO?
JSW Infrastructure IPO will get listing gain of 14.29%. (Approx.)