JSW Infrastructure IPO Review

 
JSW Infrastructure IPO Review

IPO Open Date: September 25, 2023

IPO Close Date: September 27, 2023

IPO Price: ₹113 to ₹119 per share

Lot Size: 126 Shares

Listing: October 6, 2023

JSW Infrastructure



JSW Infrastructure is scheduled to hit the market on September 25, 2023 and close on September 27, 2023. JSW Infrastructure plans to raise around ₹Cr through an IPO with a sale of up toequity shares of ₹2 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Established in 2006, JSW Infrastructure Limited is a key player in the maritime sector, offering a comprehensive range of services related to cargo handling, storage solutions, and logistics. The company specializes in the development and operation of ports and port terminals through Port Concessions.

JSW Infrastructure presently manages a diverse range of cargo types, encompassing dry bulk, break bulk, liquid bulk, gases, and containers. Among the cargo handled are thermal coal, non-thermal coal, iron ore, sugar, urea, steel products, rock phosphate, molasses, gypsum, barites, laterites, edible oil, LNG, LPG, and containers. Their expertise and capabilities contribute significantly to India's maritime and logistics landscape.

JSW Infrastructure IPO Details

JSW Infrastructure IPO opens on Sept 25, 2023, and closes on Sep 27, 2023. The Listing date for JSW Infrastructure IPO is on Oct 06, 2023. The price band for IPO is ₹113 to ₹119 per share and lot size of 126 Shares.

IPO DateSept 25, 2023 to Sept 27, 2023
Listing DateOct 06, 2023
Price₹113 to ₹119 per share
Lot Size126 Shares
Issue Size₹… Cr
Face Value₹2 per share

JSW Infrastructure IPO Tentative Timetable

JSW Infrastructure opening date is September 25, 2023 and close date is September 27, 2023. The IPO allotment date is October 3, 2023. The refund initiation of IPO is on October 4, 2023. The credit of shares in demat account is on October 5, 2023. The listing date is on October 6, 2023.

EventDate
IPO OpeningSept 25, 2023
IPO ClosingSept 27, 2023
IPO Allotment DateOct 03, 2023
Refund InitiationOct 04, 2023
Shares Credit to DematOct 05, 2023
Lisiting DateOct 06, 2023

JSW Infrastructure IPO Lot Size

Lot Size of this IPO is 126 shares. A retail-individual investor can apply for up to 13 lots (1638 shares or ₹194,922).

CategoryLotsSharesAmount
Retail(Minimum)1126₹14,994
Retail(Maximum)131638₹194,922
S-HNI (Minimum)141,764 ₹209,916
B-HNI (Minimum)678,442₹1,004,598

JSW Infrastructure IPO Promoter Holding

Pre Issue Share Holding96.42%
Post Issue Share Holding

JSW Infrastructure IPO Review

JSW Infrastructure Ltd. (JIL), a part of the JSW Group, is a prominent player in the maritime infrastructure sector in India. As a subsidiary of the JSW Group, it has benefited from a strong foundation, including initial cargo from related parties, which facilitated its growth. JIL has rapidly expanded its presence in the port-related infrastructure segment and is the second-largest commercial port operator in India in terms of cargo handling capacity as of Fiscal 2023.

JIL has shown remarkable growth in installed cargo handling capacity and cargo volumes handled from Fiscal 2021 to Fiscal 2023, making it one of the fastest-growing companies in the sector. The company has expanded from one Port Concession in Goa to nine Port Concessions across India, creating a diversified maritime ports portfolio. It also operates two port terminals in the UAE. The company typically operates under long concession periods ranging from 30 to 50 years, providing it with long-term revenue visibility. As of June 30, 2023, the company had 673 employees on its payroll.

The upcoming IPO of JIL presents an opportunity for investors to participate in the growth of the maritime infrastructure sector in India. However, before considering an investment, potential investors should conduct a thorough analysis of the company's financials, growth strategies, competitive landscape, and market conditions. Additionally, it's advisable to review the IPO prospectus and consult with financial experts or advisors for a well-informed investment decision.

JSW Infrastructure IPO Subscription Status (Bidding Details)

InvestorSubscription
Qualified Institutions (QII)0
Non-Institutional Buyers0
  bNII (bids above ₹10L)0
  sNII (bids below ₹10L)0
Retail Investors(RII)0
Employees0
Others0
Total0

JSW Infrastructure IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

JSW Infrastructure IPO FAQs

What is JSW Infrastructure IPO?

JSW Infrastructure is issuingequity shares with a face value of ₹2 each, totaling up to ₹…Cr. The shares are being offered at a price of ₹113 to ₹119 each, with a minimum order quantity of 126 shares.

Kfin Technologies Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When JSW Infrastructure IPO will open?

JSW Infrastructure will open on September 25, 2023 for QIB, NII, and Retail Investors.

When JSW Infrastructure IPO will end?

JSW Infrastructure will end on September 27, 2023.

What is JSW Infrastructure IPO Size?

JSW Infrastructure IPO size is … Cr.

What is JSW Infrastructure IPO Price Band?

JSW Infrastructure price band is ₹113 to ₹119.

What is the JSW Infrastructure IPO Allotment Date?

JSW Infrastructure allotment date is 03 October 2023.

What is the JSW Infrastructure IPO Listing Date?

JSW Infrastructure listing date is 06 October 2023. The IPO is to be listed on BSE and NSE.

How to Apply JSW Infrastructure IPO through Zerodha?

To apply for the IPO “JSW Infrastructure” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply JSW Infrastructure IPO through Upstox?

To apply for the IPO “JSW Infrastructure” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check JSW Infrastructure IPO Allotment Status?

For JSW Infrastructure IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is JSW Infrastructure IPO GMP?

You can check out here: JSW Infrastructure IPO GMP

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I'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.

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