JSW Infrastructure Limited IPO
Introduction
JSW Infrastructure Limited, established in 2006, specializes in maritime services encompassing cargo handling, storage solutions, and logistics. As a part of the renowned JSW Group, it collaborates with JSW Group Customers for growth initiatives. JSW Infrastructure holds the distinction of being the country's second-largest commercial port operator, boasting significant cargo handling capacity as of Fiscal 2022.
The company efficiently manages diverse cargo types, including dry bulk, break bulk, liquid bulk, gases, and containers. Its cargo portfolio covers thermal coal, non-thermal coal, iron ore, sugar, urea, steel products, rock phosphate, molasses, gypsum, barites, laterites, edible oil, LNG, LPG, and containers, making it a versatile player in the maritime industry.
JSW IPO: Your Guide to the Latest Offering
- IPO Date: September 25, 2023, to September 27, 2023
- Listing Date: [Awaiting Confirmation]
- Face Value: ₹2 per share
- Price Band: ₹113 to ₹119 per share
- Lot Size: 126 Shares
- Total Issue Size: 235,294,118 shares (aggregating up to ₹2,800.00 Cr)
- Fresh Issue: 235,294,118 shares (aggregating up to ₹2,800.00 Cr)
- Issue Type: Book Built Issue IPO
- Listing At: BSE, NSE
- Shareholding Pre-Issue: 1,864,707,450
- Shareholding Post-Issue: 2,100,001,568
Key IPO Dates
- 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
Investor Categories
- Anchor Investor Shares Offered: 105,882,352 (45.00%)
- QIB (Qualified Institutional Buyers) Shares Offered: 70,588,236 (30.00%)
- NII (HNI - Non-Institutional Investors) Shares Offered: 35,294,118 (15.00%)
- Retail Shares Offered: 23,529,411 (10.00%)
Financials Of the Company (Amount In Crore)
| Period Ended | Assets | Revenue | Profit After Tax |
|---|---|---|---|
| 31 Mar 2020 | 7,191.85 | 1,237.37 | 196.53 |
| 31 Mar 2021 | 8,254.55 | 1,678.26 | 284.62 |
| 31 Mar 2022 | 9,429.46 | 2,378.74 | 330.44 |
| 31 Mar 2023 | 9,450.66 | 3,372.85 | 749.51 |
Frequently Asked Questions (FAQs)
Q1: What is an IPO?
An IPO, or Initial Public Offering, is the process through which a privately held company offers its shares to the public for the first time, allowing investors to buy a stake in the company.
Q2: How do I participate in this IPO?
To participate in this IPO, you'll need to have a Demat account and a trading account with a registered stockbroker. During the IPO period, you can place bids for the shares through your stockbroker.
Q3: What is the lot size for this IPO?
The lot size for this IPO is 126 shares. This means that you can bid for a minimum of 126 shares, and then in multiples of 126 shares.
Q4: When will the shares be credited to my Demat account?
The credit of shares to your Demat account is expected to take place on Thursday, October 5, 2023.
Q5: What is the significance of the Anchor Investor category?
Anchor investors are institutional investors who invest in the IPO before it opens to the public. Their participation is considered a vote of confidence in the company's prospects.
Q6: How can I check if I have received an allotment of shares?
You can check the allotment status on the official website of the registrar or on the stock exchange's website once the basis of allotment is announced.
Q7: Can retail investors apply for this IPO?
Yes, retail investors can apply for this IPO. The company has allocated 10% of the shares for retail investors.
Q8: Where will the shares be listed for trading?
The shares will be listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) for trading.
Q9: What is the Face Value of the shares?
The Face Value of each share in this IPO is ₹2.
Q10: What should I consider before investing in this IPO?
Before investing, it's important to carefully read the company's prospectus, understand its financials, and consider your own investment goals and risk tolerance.
This IPO presents an opportunity to invest in a promising venture. Make sure to do your due diligence and consult with your financial advisor before making any investment decisions.
Important Links
Open Free Demat Account : Angel One
Upcoming IPO : Click here
IPO Allotment status : Check here ( Kfin Technologies Limited )