JSW Infrastructure is set to make its debut on Dalal Street on October 06, an IPO that will open on September 25, 2023, and close on September 27, 2023. Through this public offer company wants to raise Rs. 2,800 Crore from the primary market, Company fixed the IPO price of Rs. 119 with a minimum lot of 126 shares, according to the preliminary papers filed to the capital market regulator SEBI.
JSW INFRASTRUCTURE is a port related infrastruture company in India and 2nd largest commerical port operator in India in terms of cargo handling capacity in year 2022. The compay provides maritime related services including, cargo handling, storage solutions and logistics services and JSW group also develops and operates ports. The company operats 9 port concessions accross India and 2 port terminals in UAE. The company installed cargo handling in India grew at a CAGR of 22.35% and cargo voloumes handled at CAGR of 34.97% from period 2000-2022.
In the fiscal year 2023, the company generated Rs. 31,947.40 Crore in revenue from operations, and Rs. 16,035.70 crore in the year 2022.
Check out the IPO allotment status on IPO Deliver.
#JSW Infrastructure IPO Object
The company proposed to use the IPO Funds for the below-mentioned purposes:
- Rs. 880 crore of the total net proceeds fund will be used for prepayment or repayment, in part or full of certain outstanding borrowing.
- Rs. 865.7 crore of the total net proceeds fund will be used for the capital requirement of the company.
- The rest funds will be used for general corporate purposes and offer expenses.
#JSW Infrastructure Strength
- Fastest Growing port related company
- 2nd Largest commercial port operator in India
- Diversified operation in terms of cargo profile, assets etc.
- Demonstrated project development
- Experienced management team
#JSW Infrastructure Forward Statements
- Dependences of a significant portion of volume of cargo
- Adverse change in credit rating assigned to company
#JSW Infrastructure IPO Review & Rating
| Issue Size | 2,800 crore (Book built issue) |
| Issue Price | Rs. 113-119 per share |
| Lot size | 126 shares |
| Market Capitalization | 24,990 crore |
| Profit – 2023 | 749.51 crore |
| Total Assets – 2023 | 9,450.66 crore |
| Debt/Equity ratio | 0.54 |
| NAV Value | Rs. 21.88 per share |
| Pre-offer Promoter holding | 96.42% |
| Listing on Stock Exchanges | Mainboard (NSE and BSE) |
| IPO Deliver Rating | Five |
#JSW Infrastructure IPO Dates, Price Band, Lot Size & Details
JSW Infrastructure IPO is open on September 25, 2023, and closes on September 27, 2023. The IPO list on October 06, 2023.
| Type of issue | Fresh issue |
| Issue Size | Rs. 2,800 Crore |
| Price band | Rs. 113-119 per share |
| Lot size | 67 equity shares |
| Face Value | Rs.2 each equity share |
| IPO Open | September 25, 2023 |
| IPO Close | September 27, 2023 |
| IPO Allotment Date | October 03, 2023 |
| Refund Date | October 04, 2023 |
| Listing Date | October 06, 2023 |
#JSW Infrastructure Financials Review (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022 & 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021
|
| Total Revenue | 31,947.40 | 22,730.59 | 16,035.70 |
| Net worth | 39,346.38 | 32,121.31 | 28,311.81 |
| Profit after Tax (PAT)
|
7,495.13 | 3,304.37 | 2,846.24 |
| Total Borrowings
|
42,436.98 | 44,086.94 | 39,458.18 |
#JSW Infrastructure IPO Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022 & 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Basic EPS | 4.12 | 1.82 | 1.62 |
| Diluted EPS | 4.12 | 1.82 | 1.62 |
| RoNW | 18.21 | 10.21 | 10.29 |
| NAV | 21.88 | 17.87 | 15.75 |
#JSW Infrastructure IPO Industry peers
| Company | EPS | Net Worth | RoNW | NAV |
| Adani Ports and SEZ Limited | 24.58 | 4,55,835.10
(million) |
11.65 | 211.02 |
# JSW Infrastructure Company Promoter
The company has two Promoters
- M/s. Sajjan Jindal Family Trust
- Sajjan Jindal
- Pre-offer shareholding: 90.91% (1,695,135,390 equity shares)
- The average cost of acquisition for promoter: Rs. 0.30 per equity share.
# JSW Infrastructure IPO Pre-offer and Post-Offer Promoters shareholding
Pre-offer promoter & promoter group shareholding 96.42%
Post-offer promoter & promoter group shareholding …….%
# JSW Infrastructure IPO Reservation
Retail investor (QIB): Not more than 75% of the offer size i.e. 176,470,588 equity shares.
NII: Not more than 15% of the offer size i.e. 35,294,118 equity shares
RII: Not less than 10% of the offer size i.e 23,529,412 equity shares
# JSW Infrastructure IPO – DRHP & RHP
Draft Red Herring Prospectus (DRHP) – Click to view/download
Red Herring Prospectus (RHP) –Click to view/download
# JSW Infrastructure IPO Registrar
#Kfin Technology Limited
Email id: jswinfrastructure.ipo@kfintech.com
Website: www.kfintech.com
# JSW Infrastructure IPO lead manager
#1. JM Financial Limited
Email: jswinfra.ipo@jmfl.com
Website: www.jmfl.com
#2. Axix Capital Limited
Email: jswinfra.ipo@axixcap.in
Website: www.axixcap.in
#3. ICIC Securities Limited
Email: jswinfra.ipo@icicisecurities.com
Website: www.icicisecurities.com
#4. Kotak Mahindra Capital Limited
#5.DAM Capital Advisors Limited
#6. HSBC Securities and capital market Limited
#7. Credit Suisse Securities Limited
#JSW Infrastructure IPO Application
Option-1 Apply for IPO through Internet Banking
- Log into your bank account.
- In the invest Tab, you will see ASBA, click on it.
- Choose to apply for IPO and select the ongoing IPO “JSW Infrastructure Limited”
- Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
- After the above steps the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker
- Log into your broker account (Upstox/Zerodha etc.)
- Click on the IPO tab and select the ongoing IPO “JSW Infrastructure Limited”
- Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
- Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
- Visit the nearest branch of your bank
- Fill out the ASBA form and submit it with KYC details
- Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
# JSW Infrastructure Company Details
JSW Infrastructure Limited (Established 2006)
Regd. Off: JSW Centre, Bandra Kurla Complex Bandra (East), Mumbai 400 051, Maharashtra, India
Tel: +91 22 4286 1000 & Email: info.secretarial@jsw.in
Website: www.jsw.in
Investor Grievances/Compliance Officer: Gazal Qureshi
Group Companies: (Top 5) More than 25 companies
- JSW Cement Limited
- JSW Energy Limited
- JSW Steel Limited
- JSW Paints Private Limited
- JSW Power Trading Company Limited
# JSW Infrastructure Company Board (Top 3)
Mr. Lalit Singhvi, Director and CFO
Mr. Arun Maheshwari, JMD and CEO
Mr. N K Jain, Vice Chairman
# JSW Infrastructure IPO – Frequently Asked Questions (FAQ’s)
Q-1 what is JSW Infrastructure IPO Open date?
Ans: JSW Infrastructure IPO opening date is September 25 – September 27, 2023.
Q-2 what is JSW Infrastructure IPO Close date?
Ans: JSW Infrastructure IPO closing date is September 27, 2023
Q-3 What is JSW Infrastructure IPO Listing date?
Ans: JSW Infrastructure IPO listing date is October 06, 2023
Q-4 What is JSW Infrastructure IPO Minimum investment amount?
Ans: JSW Infrastructure IPO minimum investment amount is Rs. 14,994.
Q-5 What is JSW Infrastructure IPO offer issue Size?
Ans: JSW Infrastructure offer an issue size of Rs. 2,800 crores, which comprise fresh issue.
Q-6 What is JSW Infrastructure IPO Price Band?
Ans: JSW Infrastructure IPO price band is Rs 113-119 per share.
Q-7 Is any similar segment/sector listed company in India?
Ans: Yes
Q-8 Is JSW Infrastructure IPO mainboard IPO or SME IPO?
Ans: JSW Infrastructure IPO is the Mainboard IPO.
Q-9 JSW Infrastructure IPO Rating by IPO Deliver Team?
Ans: Five Rating
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