JSW Infrastructure Ltd
Price Range
₹113 - ₹119
Min. Quantity
126
Closes on
27 September 2023
Min. investment
₹14,994/1,638 Shares
JSW Infrastructure Ltd IPO Timeline
JSW Infrastructure Limited was originally incorporated as a Public Limited Company with the name of 'JSW Infrastructure & Logistics Limited' on April 21, 2006 by the RoC, at Mumbai. Thereafter, the name of Company was changed to 'JSW Infrastructure Limited' on April 2, 2008 upon issuance of a fresh Certificate of Incorporation in Change of Name by the Registrar of Companies, Maharashtra at Mumbai.
| Event | Date |
|---|---|
| JSW Infrastructure Ltd IPO Opening Date | 25 September 2023 |
| JSW Infrastructure Ltd IPO Closing Date | 27 September 2023 |
| Basis of Allotment | 28 September 2023 |
| Initiation of Refunds | 28 September 2023 |
| Credit of Shares to Demat | 29 September 2023 |
| JSW Infrastructure Ltd IPO Listing Date | 3 October 2023 |
JSW Infrastructure Ltd IPO Details
| JSW Infrastructure Ltd IPO Date | 25 September 2023 to 27 September 2023 |
| JSW Infrastructure Ltd IPO Face Value | ₹2 per share |
| JSW Infrastructure Ltd IPO Price | ₹113 to ₹119 per share |
| JSW Infrastructure Ltd IPO Lot Size | 126 |
| Issue Size | Shares of ₹2 (aggregating up to ₹2,800 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹2 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 7,43,36,284 of the Net Offer |
| Retail Shares Offered | Not less than 2,47,78,761 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 3,71,68,141 of the Net Offer |
| Company Promoters | Sajjan Jindal, Sajjan Jindal Family Trust |
JSW Infrastructure Ltd IPO Lot Size
The JSW Infrastructure Ltd IPO lot size is 126 shares. A retail-individual investor can apply for up to 13 lots (1,638 shares or ₹1,94,922).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 126 | ₹14,994 |
| Maximum | 13 | 1,638 | ₹1,94,922 |
- Strengths
- Risks
- Opportunities
- Fastest growing port-related infrastructure and second largest commercial port operator in India;
- Strategically located assets at close proximity to JSW Group Customers (Related Parties) and industrial clusters supported by a multi-modal evacuation infrastructure;
- Predictable revenues driven by long-term concessions, committed long-term cargo and stable tariffs;
- Diversified operations in terms of cargo profile, geography and assets;
- Demonstrated project development, execution and operational capabilities;
- Benefit from strong corporate lineage of the JSW Group and a qualified and experienced management team; and
- Strong financial metrics with a growing margin profile, return metrics and growth.
Company Financials
JSW Infrastructure Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 8,327.98 | 950.84 | 287.21 |
| 03-2023 | 5,052.31 | 828.28 | 67.07 |
| 03-2022 | 4,808.06 | 590.19 | 140.54 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment or repayment in full or part of all or a portion of certain outstanding borrowings through Investment in its wholly owned subsidiaries JSW Dharamtar Port Pvt Ltd & JSW Jaigarh Port Ltd,
- Financing capital expenditure requirements through investment in its wholly owned subsidiary JSW Jaigarh Port Ltd for proposed expansion/upgradation works at Jaigarh Port as Follows:
- LPG Terminal project
- Setting up an electric sub station
- Purchase and installation of dredger
- Financing capital expenditure requirements through investment in its wholly owned subsidiary JSW Mangalore Container Terminal Pvt Ltd for proposed expansion at Mangalore Container Terminal
- General corporate purposes
JSW Infrastructure Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
JSW Infrastructure Ltd IPO Subscription Status (Bidding Detail)
The JSW Infrastructure Ltd IPO is subscribed 37.37 times on 27 September 2023 05:00:00 PM. The public issue subscribed 10.32 times in the retail category, 57.09 times in the QIB category, and 15.99 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 57.09 | 15.99 | 10.32 | - | 37.37 |
JSW Infrastructure Ltd IPO Prospectus
JSW Infrastructure Ltd IPO Listing Date
| Listing Date | 3 October 2023 |
| BSE Script | 543994 |
| NSE Symbol | JSWINFRA |
| Listing In | BSE, NSE |
| ISIN | INE880J01026 |
| IPO Price | ₹119 |
| Face Value | ₹2 |
Company Contact Information
JSW CentreBandra Kurla Complex Bandra(E),Mumbai-400051
Phone: 91-22-42861000
Email: infra.secretarial@jsw.in
Website: www.jsw.in/infrastructure
JSW Infrastructure Ltd IPO Registrar
JSW Infrastructure Ltd IPO Lead Manager(s)
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FAQ
What is the issue size of JSW Infrastructure Ltd IPO?
I have pre-applied for JSW Infrastructure Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.