Back

JSW Infrastructure Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹119
Per Share
GMP
NIL
Grey Market
Est. Listing
₹119
Expected Price
Min. Application
₹29,988
2 lots × 126 shares
IPO Issue Details
Issue Price / Price Band₹119 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size126 Shares per Lot
Total Issue Size23,52,94,117 shares (aggregating up to ₹2,800.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 25 Sep 2023
Subscription CloseWed, 27 Sep 2023
Anchor AllotmentFri, 22 Sep 2023
Basis of AllotmentThu, 28 Sep 2023
Initiation of RefundsThu, 28 Sep 2023
Credit of Shares to DematFri, 29 Sep 2023
Listing DateTue, 03 Oct 2023
UPI Mandate Deadline2023-09-27
Application & Investment Details
Retail — Min (1 Lots)₹14,994 — 126 shares
Retail — Max (13 Lots)₹194,922 (13 Lots)
HNI — Min (14 Lots)₹2,09,916 — 1,764 shares
EPS (Pre-IPO)₹4.12
P/E Ratio (Pre-IPO)29.67x
P/E Ratio (Post-IPO)19.38x
Post-IPO Promoter Holding2,10,00,01,568 shares
About JSW Infrastructure Ltd.

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.JSW Infrastructure Limited operates nine Port Concessions in India with an installed cargo handling capacity of 158.43 MTPA as of June 30, 2023. The company's installed cargo handling capacity in India has grown at a CAGR of 15.27% from March 31, 2021 to March 31, 2023.

Objects of the Issue

JSW Infrastructure Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1. Prepayment or repayment, in full or part, of all or a portion of certain outstanding borrowings through investment in the wholly owned Subsidiaries, JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited.
2
2. Financing capital expenditure requirements through investment in the wholly owned subsidiary, JSW Jaigarh Port Limited, for proposed expansion/upgradation works at Jaigarh Port i.e., i) expansion of LPG terminal ("LPG Terminal Project"); ii) setting up an electric sub-station; and iii) purchase and installation of dredger.
3
3. Financing capital expenditure requirements through investment in the wholly owned subsidiary, JSW Mangalore Container Terminal Private Limited, for the proposed expansion at Mangalore Container Terminal ("Mangalore Container Project").
4
4. General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding Not Available
Post-IPO Promoter Holding 2,10,00,01,568 shares
Lock-in Period (30%)October 28, 2023
Lock-in Period (50%)December 27, 2023
Check AllotmentCheck Status →
JSW Infrastructure Ltd. — Live Price LIVE
₹119.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
JSW Infrastructure Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹119.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹119
GMPNIL
Est. Listing₹119
Lot Size126 shares
Min Amount₹29,988
Listing Date03 Oct 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹119
Listing Date03 Oct 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 235,294,117 100.00% ₹2,800.00 Cr
* Based on ₹119.00 (upper price band)
Lot Size & Investment Details
Lot Size
126
Shares
Issue Price
₹119.00
Per Share
Min Investment
₹14,994
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 126 ₹14,994
Retail (Max) 13 1,638 ₹194,922
sNII (Min) 14 1,764 ₹209,916
bNII (Min) 68 8,568 ₹1,019,592
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202031 Mar 202131 Mar 2022
Revenue from Operations 1237.37 1678.26 2378.74
EBITDA N/A N/A N/A
Profit After Tax (PAT) 196.53 284.62 330.44
Net Worth 2488.23 2831.18 3212.13
Total Assets 7191.85 8254.55 9429.46
Reserves & Surplus 2486.53 2829.84 3208.98
Total Borrowings 3102.57 3945.82 4408.69
Key Ratios & Valuation
Issue Price ₹119
Face Value ₹2 Per Share
P/BV N/A
RoE 18.33%
RoCE 19.49%
RoNW 18.80%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
JSW Infrastructure Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹2 Per Share
Script Code
N/A
Address
JSW Centre, Bandra Kurla Complex Bandra (East), Mumbai - 400 051 Mumbai, Maharashtra
Book Running Lead Managers
JM Financial Ltd.
Book Running Lead Manager (BRLM)
Axis Capital Ltd.
Book Running Lead Manager (BRLM)
Credit Suisse Securities (India) Pvt.Ltd.
Book Running Lead Manager (BRLM)
Dam Capital Advisors Ltd.
Book Running Lead Manager (BRLM)
HSBC Securities & Capital Markets (India) Pvt.Ltd.
Book Running Lead Manager (BRLM)
ICICI Securities Ltd.
Book Running Lead Manager (BRLM)
Kotak Mahindra Capital Co.Ltd.
Book Running Lead Manager (BRLM)
SBI Capital Markets Ltd.
Book Running Lead Manager (BRLM)