JSW Infrastructure Limited

JSW Infrastructure Limited

Mainboard

₹14,994 / 126 Shares

Offer Date:Sep 25, 2023 - Sep 27, 2023
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JSW Infrastructure Limited IPO Details

The JSW Infrastructure Limited IPO price band is set between ₹113-119 per equity share, with a face value of ₹2 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 25 Sep, 2023 and closes on 27 Sep, 2023. Investors can check the allotment status on 28 Sep, 2023, while the listing date is tentatively scheduled for 3 Oct, 2023.

The total issue size is 235,294,118 shares, aggregating up to ₹2,800.00 Cr. Stay tuned for the latest JSW Infrastructure Limited IPO review and GMP updates.

JSW Infrastructure Limited IPO Review, Rating & Analysis

JSW Infrastructure Limited IPO Review

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JSW Infrastructure Limited IPO Rating

JSW Infrastructure Limited IPO Highlights

IPO Date

Sep 25, 2023 - Sep 27, 2023

Listing Date

3 Oct, 2023

Face Value

₹2 Per Equity Share

Price Band

₹113-119 per equity share

Lot Size

126 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

JSW Infrastructure Limited IPO Lot Size

The minimum market lot for JSW Infrastructure Limited IPO is 126 shares with an application amount of ₹14,994. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)1126₹14,994
Retail (Max)131638₹1,94,922
S-HNI (Min)141764₹2,09,916
S-HNI (Max)668316₹9,89,604
B-HNI (Min)678442₹10,04,598

JSW Infrastructure Limited IPO Timeline

IPO Open Date
25 Sep, 2023
IPO Close Date
27 Sep, 2023
Basis of Allotment
28 Sep, 2023
Listing Date
3 Oct, 2023

Issue Price

₹113-119 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFin Technologies Limited

Lead Manager

JM Financial Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, DAM Capital Advisors Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited

Issue Size

235,294,118 shares(aggregating up to ₹2,800.00 Cr)

JSW Infrastructure Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 239450.663372.85749.51---
31 Mar 229429.462378.74330.44---
31 Mar 218254.551678.26284.62---
31 Mar 207191.851237.37196.53---

All values are in ₹ Cr.

Promoters & Share Holding

Promoter(s) Name

  • Sajjan Jindal Family Trust
  • Sajjan Jindal
Share Holding Pre IssueShare Holding Post Issue
N/A%N/A%

About Company

JSW Infrastructure Limited provides maritime-related services including, cargo handling, storage solutions and logistics services. The company develop and operates ports and port terminals under Port Concessions. JSW Infrastructure is the 2nd largest commercial port operator in the country in terms of cargo handling capacity in Fiscal 2022.

The company currently handle various types of cargo, including dry bulk, break bulk, liquid bulk, gases and containers. The company currently handling cargo also include thermal coal, coal (other than thermal coal), iron ore, sugar, urea, steel products, rock phosphate, molasses, gypsum, barites, laterites, edible oil, LNG, LPG, and containers.

JSW Infrastructure ports and port terminals typically have long concession periods ranging between 30 to 50 years, providing the company with long-term visibility of revenue streams.

The company has a presence across India with Non-Major Ports located in Maharashtra and port terminals located at Major Ports across the industrial regions of Goa and Karnataka on the west coast, and Odisha and Tamil Nadu on the east coast. JSW Infrastructure's international presence includes 2 terminals at Fujairah and Dibba in the UAE.

JSW Infrastructure Limited is a part of the JSW Group. The company partners with JSW Group Customers (Related Parties) to pursue growth strategies.

JSW Infrastructure Limited operates nine Port Concessions in India with an installed cargo handling capacity of 158.43 MTPA as of June 30, 2023. The company's installed cargo handling capacity in India has grown at a CAGR of 15.27% from March 31, 2021 to March 31, 2023.

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JSW Infrastructure Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved70,588,236
35,294,118

23,529,412    11,764,705
23,529,411129,411,765
Day 1 -25-09-23 05:00 PM
0.03 x
0.60

0.60 x   0.60 x
1.38 x0.43 x
Day 2 -26-09-23 05:00 PM
0.55 x
3.70

3.77 x   3.57 x
4.55 x2.15 x
Day 3 -27-09-23 05:00 PM
57.09 x
15.99

17.04 x   13.88 x
10.31 x37.37 x
Total No. of Applications:16,89,636 (Approx)
Retail Subscription:

9.05 times

Company Contact Details

JSW Infrastructure Limited

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about JSW Infrastructure Limited IPO

When will JSW Infrastructure Limited IPO open for subscription?

The JSW Infrastructure Limited IPO opens on 25 Sep, 2023 and closes on 27 Sep, 2023.

What is the investors portion for JSW Infrastructure Limited IPO?

The investors' portion for QIB is 57.09 x, NII is 17.04 x, and Retail is 10.31 x.

How to apply for JSW Infrastructure Limited IPO?

You can apply for JSW Infrastructure Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of JSW Infrastructure Limited IPO?

The issue size of JSW Infrastructure Limited IPO is approx ₹235,294,118 shares(aggregating up to ₹2,800.00 Cr) crores.

What is the price band of JSW Infrastructure Limited IPO?

The price band for JSW Infrastructure Limited IPO is ₹113 to ₹119 per equity share.

What is the lot size of JSW Infrastructure Limited IPO?

The minimum bid (lot size) for JSW Infrastructure Limited IPO is N/A shares with an investment of approx ₹14,994 .

What is the allotment date of JSW Infrastructure Limited IPO?

The allotment date for JSW Infrastructure Limited IPO is 28 Sep, 2023.

What is the listing date of JSW Infrastructure Limited IPO?

The listing date for JSW Infrastructure Limited IPO is expected to be 3 Oct, 2023.

What is the GMP of JSW Infrastructure Limited IPO?

The latest Grey Market Premium (GMP) for JSW Infrastructure Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

JSW Infrastructure Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK