JSW Infrastructure IPO Price: ₹113 to ₹119 per share
IPO Date Range: Sep 25, 2023 - Sep 27, 2023
JSW Infrastructure Limited, a pivotal player in maritime-related services, was incorporated in 2006. The company is known for its expertise in cargo handling, storage solutions, and logistics services. As a part of the renowned JSW Group, the company has grown significantly over the years.
The company is deeply involved in developing and operating ports and port terminals under Port Concessions. Their diverse portfolio includes handling various cargo types such as dry bulk, break bulk, liquid bulk, gases, and containers. Their proficiency extends to managing cargo like thermal coal, iron ore, sugar, urea, steel products, etc.
JSW Infrastructure has a strong presence in India with Non-Major Ports in Maharashtra and port terminals at key locations like Goa, Karnataka, Odisha, and Tamil Nadu. Their international footprint includes terminals at Fujairah and Dibba in the UAE.
The company stands as India's 2nd largest commercial port operator based on cargo handling capacity as of Fiscal 2022. Their installed cargo handling capacity in India has witnessed a growth rate of 15.27% from March 31, 2021, to March 31, 2023.
| IPO Date | September 25, 2023 to September 27, 2023 |
| Listing Date | Friday, October 6, 2023 |
| Face Value | ₹2 per share |
| Price Band | ₹113 to ₹119 per share |
| Lot Size | 126 Shares |
| Total Issue Size | |
| Fresh Issue | [.] shares (aggregating up to ₹2,800.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 1,864,707,450 |
The minimum lot size to apply in this JSW Infrastructure Limited IPO consists of 126 shares, requiring an investment of ₹14,994.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 126 | ₹14,994 |
| Retail (Max) | 13 | 1638 | ₹194,922 |
| S-HNI (Min) | 14 | 1,764 | ₹209,916 |
| S-HNI (Max) | 66 | 8,316 | ₹989,604 |
| B-HNI (Min) | 67 | 8,442 | ₹1,004,598 |
| QIB Shares Offered | Not less than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
| Retail Shares Offered | Not more than 10.00% of the Offer |
| IPO Open Date | Monday, September 25, 2023 |
| IPO Close Date | Wednesday, September 27, 2023 |
| Basis of Allotment | Tuesday, October 3, 2023 |
| Initiation of Refunds | Wednesday, October 4, 2023 |
| Credit of Shares to Demat | Thursday, October 5, 2023 |
| Listing Date | Friday, October 6, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2023 |
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As of March 31, 2023, the company's assets stood at ₹9,450.66 crores, with a revenue of ₹3,372.85 crores. The profit after tax for the same period was ₹749.51 crores. Here, you can get the complete data of the past three years:
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 8,254.55 | 9,429.46 | 9,450.66 |
| Revenue | 1,678.26 | 2,378.74 | 3,372.85 |
| Profit After Tax | 284.62 | 330.44 | 749.51 |
| Net Worth | 2,831.18 | 3,212.13 | 3,934.64 |
| Reserves and Surplus | 2,829.84 | 3,208.98 | 3,645.75 |
| Total Borrowing | 3,945.82 | 4,408.69 | 4,243.70 |
The market capitalization of JSW Infrastructure Limited IPO stands at Rs 24990 Crore, with a P/E ratio of [.].
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 24990 |
| EPS (Rs) | 4.12 |
| RoNW | 18.80% |
JSW Infrastructure Limited intends to allocate the funds raised from the IPO towards:
Prospectus: Official documents that provide detailed information about the IPO and the company. JSW Infrastructure IPO IPO DRHP and JSW Infrastructure IPO RHP.
An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.
Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.
The price range for the "JSW Infrastructure Limited" IPO is ₹113 to ₹119 per share.
The "JSW Infrastructure Limited" IPO is expected to be listed on Friday, October 6, 2023.
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