JSW Infrastructure IPO Details, Price, GMP, Review, Dates: A book-built issue of Rs 2,800.00 crores is SW Infrastructure. The problem is wholly brand-new. The pricing range for the JSW Infrastructure IPO is set at 113 to 119 per share. A minimum lot size of 126 Shares is required for an application. Retail investors must make a minimum investment of 14,994 rupees. For both sNII and bNII, the minimum investment lot size is 14 lots (1,764 shares), or 209,916, and 67 lots (8,442 shares), or 1,004,598.
The subscription period for the JSW Infrastructure IPO begins on September 25, 2023, and ends on September 27, 2023. On Tuesday, October 3, 2023, the JSW Infrastructure IPO’s allotment is anticipated to be completed. The planned listing date for the JSW Infrastructure IPO is set for Friday, October 6, 2023 on the BSE and NSE.
The book running lead managers of the JSW Infrastructure IPO are Jm Financial Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), ICICI Securities Limited, SBI Capital Markets Limited And Kotak Mahindra Capital Company Limited. Kfin Technologies Limited is the issue’s registrar.
JSW Infrastructure IPO Overview
| JSW Infrastructure Limited IPO Company Overview | |
|---|---|
| Company Name | JSW Infrastructure Limited |
| IPO Opening Date | 25 September, 2023 |
| IPO Closing Date | 27 September, 2023 |
| Face Value | 2₹ Per Share |
| Share Price Range | 113₹ To 119₹ |
| Lot Size | 126 Shares |
| GMP | Check Here |
| Issue Type | Book Built Issue IPO |
| Total IPO Issue Size | Not Released Yet |
| Fresh Issue Size | Not Released Yet |
| IPO Listing At | NSE, BSE |
| Share Holding Pre Issue | 1,864,707,450 |
| More IPO’s | Check Here |
JSW Infrastructure IPO Lot Size
| JSW Infrastructure Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 13 Lot |
| Minimum S-HNI Applications | 14 Lot |
| Maxmum S-HNI Applications | 66 Lots |
| Minimum B-HNI Applications | 67 Lots |
| Total Shares In Single Lot | 126 Shares |
| Amount For Single Lot | 14,994 Rupees |
JSW Infrastructure IPO Time Table (Tentative)
| JSW Infrastructure Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 25 September, 2023 |
| IPO Ending Date | 27 September, 2023 |
| Basis Of Allotment | 03 October, 2023 |
| Initiation Of Refund | 04 October, 2023 |
| Shares Credit To Demat Account | 05 October, 2023 |
| Date Of Listing | 06 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05 PM, 27 September, 2023 |
JSW Infrastructure IPO Reservation Details
| JSW Infrastructure Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 10%of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 75% Of Net Offer |
JSW Infrastructure Company Financials
| JSW Infrastructure Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 3,372.85 Cr |
| Assets | 9,450.66 Cr |
| Profit After Tax | 749.51 Cr |
| Net Worth | 3,934.64 Cr |
| Reserves And Surplus | 3,645.75 Cr |
| Debt | 4,243.70 Cr |
JSW Infrastructure Promoters Holding
| Share Holding Pre Issue | 96.42% |
| Share Holding Post Issue | Not Released Yet |
JSW Infrastructure Key Performance Indicators
| JSW Infrastructure Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Market Capitalization (In Cr.) | 24,990 |
| Post P/E (X) | 19.38 |
| EPS | 4.12 |
| ROE | 18.33 % |
| ROCE | 19.49 % |
| RoNW | 18.80 % |
Is JSW Infrastructure IPO Good Or Bad To Buy? Complete Review
After more than 13 years, JSW Group is reopening with an IPO. The group’s infrastructure division, JIL, has consistently increased both its top and bottom lines during the reporting periods. According on annualized earnings for FY24, the issue seems to be fairly valued. For the medium to long term, investors can think about parking their money.
What Is The Objective Of JSW Infrastructure IPO Issue?
There are three main objectives of this IPO :-
- By investing in the wholly owned subsidiaries JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited, certain outstanding borrowings may be paid in full or in part in advance.
- The projected expansion at Mangalore Container Terminal (“Mangalore Container Project”) will be financed through investments in the fully owned subsidiary, JSW Mangalore Container Terminal Private Limited.
- The expansion of the LPG terminal (the “LPG Terminal Project”), the construction of an electric sub-station, and the purchase and installation of a dredger are all proposed expansion/upgradation works at Jaigarh Port that will be financed through investments in the wholly owned subsidiary, JSW Jaigarh Port Limited.
How To Apply For JSW Infrastructure IPO?
You can apply for the JSW Infrastructure IPO online and pay with either UPI or ASBA. You can access the ASBA IPO application through your bank account’s net banking. Brokers without a banking license can apply for an IPO via UPI. Learn more about applying for an IPO online through a registered broker.