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JIJSWINFRAListed

JSW Infrastructure Limited

Book Built Issue IPO · NSE, BSE

Price band
₹113 - ₹119
Lot size
126 shares
Issue amount
₹2,800 cr
Total subscription
37.37×
Current price₹328.95
Listing price ₹143
Watch live price ↗
Opens
25 Sept 2023
Closes
27 Sept 2023
Allotment
28 Sept 2023
Listing
3 Oct 2023

Offer at a glance

Issue overview

Issue size
23,52,94,118 shares
Face value
₹2 Per Share
Minimum investment
₹14,238
Fresh issue
₹2,800 cr
Offer for sale
₹0 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,994
Issue type
Book Built Issue IPO
Shares before issue
0
Shares after issue
2,10,00,01,568

Lot sizes

CategoryLotsSharesAmount
RETAIL1126₹14,994
sHNI141,764₹2,09,916
bHNI678,442₹10,04,598

Share reservation

QIB75%
NII (HNI)15%
RETAIL10%

Subscription & GMP

Subscription by category

Total subscribed37.37×

Missing multiples are calculated from bids and offered shares when available.

QIB57.09×
NIB15.99×
HNIs(10L +)17.04×
HNIs (2-10L)13.88×
RETAIL10.31×

GMP history

015.2530.518 Mar: ₹30.56 Nov: ₹30.5
18 Mar₹30.56 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs884.650,499.99
RETAIL294.873,039.78
HNIs 2+147.432,046.45
HNIs 10+294.875,023.9

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profitIn Crores
01,0002,0003,0004,000Mar 2023 · Revenue: 3,372.85Mar 2023 · Profit after tax: 749.51Mar 2023Mar 2022 · Revenue: 2,378.74Mar 2022 · Profit after tax: 330.44Mar 2022 Mar 2021 · Revenue: 1,678.26Mar 2021 · Profit after tax: 284.62Mar 2021 Mar 2020 · Revenue: 1,237.37Mar 2020 · Profit after tax: 196.53Mar 2020
RevenueProfit after tax

Key performance indicators

MetricValues
EPS4.12
ROE18.33
ROCE19.49
RONW18.8
PRE IPO(PE)29.67
POST IPO(PE)19.38

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 2006, JSW Infrastructure Limited is part of the JSW Group and provides maritime services like cargo handling, storage and logistics, mainly through ports and port terminals developed and operated under long-term concessions. It is India’s 2nd largest commercial port operator by cargo handling capacity in FY22. The company handles multiple cargo types including coal, iron ore, steel products, fertilizers, edible oil, LNG, LPG and containers. JSW Infrastructure operates nine port concessions in India with a total capacity of 158.43 MTPA (as of June 30, 2023) across Maharashtra, Goa, Karnataka, Odisha and Tamil Nadu, and also operates two terminals in the UAE. The port concessions generally have long durations of 30–50 years, giving strong revenue visibility, and the company’s Indian cargo handling capacity has grown at a CAGR of 15.27% between March 2021 and March 2023.

Promoters

Sajjan Jindal Family Trust

Sajjan Jindal

Registrar & documents

Lead manager

Jm Financial Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Dam Capital Advisors Limited, Hsbc Securities & Capital Markets Private Limited, Capital Markets (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited

Registered office

JSW Centre, Bandra Kurla Complex Bandra (East), Mumbai - 400 051

+91 22 4286 1000

infra.secretarial@ jsw.inCompany website ↗

Understanding JSWINFRA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.