Incorporated in 2006, 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 Limited is a part of the JSW Group. The company partners with JSW Group Customers (Related Parties) to pursue growth initiatives. 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.
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.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| IPO Opening Date | Sep 25, 2023 |
|---|---|
| IPO Closing Date | Sep 27, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per share |
| IPO Price | ₹113 to ₹119 per share |
| Market Lot | 126 Shares |
| Min Order Quantity | 126 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] shares (aggregating up to ₹2,800.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹2,800.00 Cr) |
| Share holding pre issue | 1,864,707,450 |
| 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 |
| Basis of Allotment Date | October 3, 2023 |
|---|---|
| Initiation of Refunds | October 4, 2023 |
| Credit of Shares to Demat Account | October 5, 2023 |
| IPO Listing Date | October 6, 2023 |
The minimum lot size of this JSW Infrastructure IPO is 126 shares required is ₹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 |
JSW Infrastructure IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹2,800.00 Crores. The issue is priced at ₹113 to ₹119 per share. The minimum order quantity is 126 Shares.
The IPO opens on September 25, 2023, and closes on September 27, 2023.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The JSW Infrastructure IPO opens on September 25, 2023 and closes on September 27, 2023.
JSW Infrastructure IPO lot size is 126 Shares, and the minimum amount required is ₹14,994.
You can apply in JSW Infrastructure IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services.
The finalization of Basis of Allotment for JSW Infrastructure IPO will be done on Tuesday, October 3, 2023, and the allotted shares will be credited to your demat account by Thursday, October 5, 2023.
Check the IPO allotment status.
The JSW Infrastructure IPO listing date is October 6, 2023.
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