IPO Open Date September 25 IPO Close Date September 27
Price Band for the IPO ₹113-₹119 Face Value of ₹2 per share Lot Size- 126 shares Issue Size- ₹2,800 cr (Fresh Issue)
JSW Infrastructure Limited offers a range of maritime services, including cargo handling, storage solutions, and logistics services. They are expanding to become a comprehensive logistics solutions provider and operate ports across India, including 2 non-major ports in Maharashtra and 7 major ports in regions like Goa, Karnataka, Odisha, and Tamil Nadu.
– Prepayment or repayment of certain outstanding borrowings – Financing capital expenditure requirements – General corporate purposes
– The company has a substantial amount of related party transactions with entities in the JSWGroup. These transactions led to a 52% contribution to revenue from JSW Group customers in FY23. – The company has pledged its equity shareholding in certain of its subsidiaries. – Certain of the company’s subsidiaries are loss making.
That’s the rating by our team of analysts. Please read the IPO note for further details before making your investment decision!