The JSW Infrastructure IPO started on September 25, 2023, and ended on September 27, 2023. Shares were allocated on October 3, 2023, and refund processes began on October 4, 2023. On October 5, 2023, the shares were credited to investors demat accounts. JSW Infrastructure was officially listed on the stock exchange on October 6, 2023.
During the IPO, JSW Infrastructure offered shares at a price range of ₹113 to ₹119 per share, and the lot size was 126 shares. The total issue size was ₹2800 crores, with ₹2800 crores from new shares. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
JSW Infrastructure Limited IPO Subscription Update Video
JSW Infrastructure IPO Subscription Status
The JSW Infrastructure IPO on September 26, 2023 was subscribed 2.25 times, with the retail category being subscribed 4.81 times, the NII (Non-Institutional Investor) category being subscribed 3.90 times, the QIB (Qualified-Institutional Buyers) category being subscribed 0.58 times.
| Category | Subscription |
| QIB | 0.58x |
| NII | 3.90x |
| Retail | 4.81x |
| Total | 2.25x |
JSW Infrastructure IPO Basic Details
| Company Name | JSW Infrastructure Limited |
| Domain of Company | Maritime Services Company |
| 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 |
About JSW Infrastructure Limited
JSW Infrastructure Limited, founded in 2006, offers a range of maritime services like handling cargo, providing storage solutions, and managing logistics. They also build and run ports and port terminals through special agreements.
This company is part of the JSW Group and collaborates with JSW Group Customers (Related Parties) to drive growth initiatives. As of Fiscal 2022, JSW Infrastructure is the country’s second-largest commercial port operator in terms of cargo capacity.
They currently handle various types of cargo, including dry bulk, break bulk, liquid bulk, gases, and containers. Some of the specific 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 typically holds long-term agreements for its ports and terminals, often lasting 30 to 50 years, which gives them consistent revenue over the long haul.
The company operates in various parts of India, including Maharashtra and major industrial regions in Goa, Karnataka, Odisha, and Tamil Nadu. Internationally, they have terminals in the UAE at Fujairah and Dibba.
As of June 30, 2023, JSW Infrastructure Limited manages nine Port Concessions in India with a total cargo capacity of 158.43 million metric tons per annum (MTPA). Their cargo capacity in India has seen a steady growth rate of 15.27% from March 31, 2021, to March 31, 2023.
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JSW Infrastructure IPO FAQs
What is the start and end date of JSW Infrastructure IPO Subscription?
The JSW Infrastructure IPO started on September 25, 2023, and ended on September 27, 2023.
When does JSW Infrastructure IPO Subscription open?
The JSW Infrastructure IPO open on September 25, 2023.
When does JSW Infrastructure IPO Subscription close?
The JSW Infrastructure IPO Close on September 27, 2023.
What is the allotment date of JSW Infrastructure IPO?
The allotment date for JSW Infrastructure IPO is October 3, 2023.
When is the initial refund date of JSW Infrastructure IPO?
The initial Refund date for JSW Infrastructure IPO is October 4, 2023.
When were the shares credited to investors demat accounts for the JSW Infrastructure IPO?
The shares for the JSW Infrastructure IPO were credited to investors demat accounts on October 5, 2023.
When will JSW Infrastructure IPO be listed on the stock market?
JSW Infrastructure IPO stock market will be listed on October 6, 2023 at 10 am.
What was the price range of the JSW Infrastructure IPO shares?
The JSW Infrastructure IPO shares were offered at a price range of ₹113 to ₹119 per share.
What was the lot size for the JSW Infrastructure IPO shares?
The lot size for the JSW Infrastructure IPO shares was 126 shares.
What was the total issue size of the JSW Infrastructure IPO?
The total issue size of the JSW Infrastructure IPO was ₹2800 crores.
How were the shares allocated among different types of investors for the JSW Infrastructure IPO?
75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
On which stock exchanges was the JSW Infrastructure IPO listed?
The JSW Infrastructure IPO was listed on both the NSE and BSE.
What is the JSW Infrastructure IPO Subscription Status?
JSW Infrastructure IPO is subscribed Times.
