IPO

JSW Infrastructure Limited IPO

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Port & Port services

Listed On: Oct 3, 2023 at ₹ 143.0(NSE)

₹ 14994 /126 Shares

Check Allotment

25 Sep, 2023

Open Date

27 Sep, 2023

Close Date

28 Sep, 2023

Allotment Date

03 Oct, 2023

Listing Date
Price Summary

Last Closing

276.95 (132.73%)

52 Week High

349.00

52 Week Low

218.20

Last Update

19-Dec-2025 3:30 PM
JSW Infrastructure Limited IPO Issue Details
  • Issue Price ₹113-119 per equity share
  • Face Value ₹2 Per Equity Share
  • Issue Price 235,294,118 shares(aggregating up to ₹2,800.00 Cr)
  • Listing at BSE, NSE
  • List Price 143.0(NSE)
  • Listing Date 2023-10-03
  • Lead Manager JM Financial Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, DAM Capital Advisors Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited
  • Registrar KFin Technologies Limited
JSW Infrastructure Limited IPO Details
  • Retail Portion 10% (Number of Retail Applications: 1,86,741 Approx),
    (Number of S-HNI Applications : 6,669 Approx),
    (Number of B-HNI Applications : 13,339 Approx)
JSW Infrastructure Limited IPO Documents
DRHP
RHP
ANCHOR
JSW Infrastructure Limited IPO Details


The IPO of JSW Infrastructure Limited is priced at ₹113-119 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Sep 25, 2023 and ends on Sep 27, 2023. The allotment for JSW Infrastructure Limited IPO will be finalized on Sep 28, 2023. JSW Infrastructure Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 3, 2023. The company shall list its equity shares on the BSE, NSE. KFin Technologies Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are JM Financial Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, DAM Capital Advisors Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited.


The JSW Infrastructure Limited IPO sets its price band at 113-119 for each share. A single application for JSW Infrastructure Limited IPO must contain at least 126 shares.

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JSW Infrastructure Limited IPO Subscription Analysis And Details
Retail
10.31x
QIB
57.09x
NII
15.99x
bNII
17.04x
sNII
13.88x
Total
37.37x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 70,588,236 35,294,118
23,529,412    11,764,705 		23,529,411 129,411,765
Day 1 25-09-23 05:00 PM
0.03 x 0.60
0.60 x   0.60 x 		1.38 x 0.43 x
Day 2 26-09-23 05:00 PM
0.55 x 3.70
3.77 x   3.57 x 		4.55 x 2.15 x
Day 3 27-09-23 05:00 PM
57.09 x 15.99
17.04 x   13.88 x 		10.31 x 37.37 x
Total No of Applications
16,89,636
Subscription on the basis of Applications
9.05
JSW Infrastructure Limited Valuations
Earnings Per Share (EPS) ₹4.12/-
P/E Ratio N/A
RoNW 18.80%
Net Asset Value (NAV) - As on 31.03.22 ₹N/A
JSW Infrastructure Limited Company Financials
In Crs.
In Cr.
31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets 9,450.66 9,429.46 8,254.55 7,191.85
Revenue 3,372.85 2,378.74 1,678.26 1,237.37
Profit After Tax 749.51 330.44 284.62 196.53
About JSW Infrastructure Limited Company

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 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 is a part of the JSW Group. The company partners with JSW Group Customers (Related Parties) to pursue growth strategies.

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.

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JSW Infrastructure Limited - Promoter(s)

Sajjan Jindal Family Trust

Sajjan Jindal

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

JSW Infrastructure Limited IPO - Issue Objectives
1

Investment in our wholly owned Subsidiaries, JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited, for prepayment or repayment, in full or part, of all or a portion of certain of their outstanding borrowings.

2

Investment in our wholly owned Subsidiary, JSW Jaigarh Port Limited, for financing its capital expenditure requirements for proposed expansion/up-gradation works at Jaigarh Port.

3

Investment in our wholly owned Subsidiary, JSW Mangalore Container Terminal Private Limited, for financing its capital expenditure requirements in relation to proposed expansion at Mangalore Container Terminal.

4

General corporate purposes

JSW Infrastructure Limited IPO - Anchor Investors

JSW Infrastructure mops up Rs 1,260 crore from 65 anchor investors, ahead of IPO.

Global marquee investors like Government of Singapore, Monetary Authority of Singapore, Morgan Stanley, Fullerton, HSBC Trustee, TA Global, The Master Trust Bank of Japan, Cohesion MK Best Ideas, Goldman Sachs, Theleme India Master Fund, BNP Paribas Arbitrage - ODI, and Principal Global invested in the diversified maritime ports company via anchor book.

Domestic investors including Sunil Singhania-owned Abakkus, LIC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon Life India, Aditya Birla Sun Life Trustee, SBI Life Insurance Company, Sundaram Mutual Fund, UTI Mutual Fund, Tata Mutual Fund, Max Life Insurance Company, Bajaj Allianz Life Insurance Company, and SBI General Insurance Company also participated in the anchor book.

JSW Infrastructure Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
JSW Infra 5.04 33.34 18.% 3,372
Adani Ports 3.95 24.1 14.3% 20,852