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Table of Contents
Overview:
JSW Infrastructure Limited Overview:
- Established in 2006: JSW Infrastructure Limited, founded in 2006, specializes in maritime-related services, encompassing cargo handling, storage solutions, and logistics services.
- Port Development and Operation: The company is primarily involved in developing and operating ports and port terminals through port concessions.
- Part of JSW Group: JSW Infrastructure Limited is an integral part of the JSW Group, a conglomerate with diverse business interests.
- Collaboration with JSW Group Customers: JSW Infrastructure collaborates closely with JSW Group Customers, which are related parties, to pursue various growth initiatives.
- Prominent Commercial Port Operator: As of Fiscal 2022, JSW Infrastructure stands as the second-largest commercial port operator in India, based on cargo handling capacity.
- Diverse Cargo Handling: The company boasts extensive expertise in handling various types of cargo, which includes dry bulk, break bulk, liquid bulk, gases, and containers. Specific cargo categories managed by the company encompass thermal coal, coal (excluding thermal coal), iron ore, sugar, urea, steel products, rock phosphate, molasses, gypsum, barites, laterites, edible oil, LNG, LPG, and containers.Read More
![JSW LOGO](http://ipohunts.in/wp-content/uploads/2023/09/download-3-3.jpeg)
JSW Infrastructure IPO Details
IPO Date | September 25, 2023 |
Listing Date | Friday, October 6, 2023 |
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) |
JSW Infrastructure IPO Timeline
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 |
Key Performance Indicator
KPI | Values |
P/E (x) | 29.67 |
Post P/E (x) | 19.38 |
Market Cap (₹ Cr.) | 24990 |
ROE | 18.33% |
ROCE | 19.49% |
EPS (Rs) | 4.12 |
RoNW | 18.80% |
JSW Infrastructure IPO Lot Size
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 126 | ₹14,994 |
Retail (Max) | 13 | 1638 | ₹194,922 |
S-HNI (Min) | 14 | 1,764 | ₹209,916 |
S-HNI (Max) | 66 | 8,316 | ₹989,604 |
B-HNI (Min) | 67 | 8,442 | ₹1,004,598 |
![Panel of JSW INFRA](http://ipohunts.in/wp-content/uploads/2023/09/download-4-2.jpeg)
Company Financials:
Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
Assets | 7,191.85 | 8,254.55 | 9,429.46 | 9,450.66 |
Revenue | 1,237.37 | 1,678.26 | 2,378.74 | 3,372.85 |
Profit After Tax | 196.53 | 284.62 | 330.44 | 749.51 |
Net Worth | 2,488.23 | 2,831.18 | 3,212.13 | 3,934.64 |
Reserves and Surplus | 2,486.53 | 2,829.84 | 3,208.98 | 3,645.75 |
Total Borrowing | 3,102.57 | 3,945.82 | 4,408.69 | 4,243.70 |
Objects of the Issue (JSW Infrastructure IPO Objectives)
Utilization of Net Proceeds:
- Repayment of Outstanding Borrowings: The company intends to allocate a portion of the net proceeds towards the prepayment or repayment of certain outstanding borrowings. This allocation will be accomplished through investments in its wholly owned Subsidiaries, namely JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited.
- Capital Expenditure Financing: JSW Infrastructure plans to finance its capital expenditure requirements by investing in its wholly owned subsidiary, JSW Jaigarh Port Limited. This investment will support proposed expansion and upgradation projects at Jaigarh Port, including the expansion of the LPG terminal (referred to as the “LPG Terminal Project”), the establishment of an electric sub-station, and the acquisition and installation of a dredger.
- Expansion at Mangalore Container Terminal: A portion of the net proceeds will be directed towards financing capital expenditure requirements in the wholly owned subsidiary, JSW Mangalore Container Terminal Private Limited. This investment will facilitate the proposed expansion of the Mangalore Container Terminal (referred to as the “Mangalore Container Project”).
- General Corporate Purposes: JSW Infrastructure intends to utilize the remaining net proceeds for general corporate purposes, contributing to its ongoing operational and strategic initiatives.
![JSW symbol](http://ipohunts.in/wp-content/uploads/2023/09/download-2-4.jpeg)
JSW Infrastructure IPO Review (Apply):
JSW Infrastructure Limited (JIL), an arm of the JSW Group, is launching its IPO after more than a 13-year hiatus. The company operates in the infrastructure sector and has demonstrated consistent growth in both its revenue and profits over the reported periods. Looking at the projected earnings for the fiscal year 2024 on an annualized basis, the IPO seems to offer a reasonably attractive valuation. This suggests that investors might find it worthwhile to allocate their funds for the medium to long term.
JSW Infrastructure IPO Subscription Details
- JSW Infrastructure IPO subscribed:- 0.46 times by Sep 25, 2023, at 7:02 PM.
- Retail category subscription: 1.50 times.
- QIB category subscription: 0.03 times.
- NII category subscription: 0.63 times.
Check Day by Day Subscription Details (Live Status)
JSW Infrastructure IPO GMP
As of the latest update on September 24th, 2023, the Grey Market Premium (GMP) for the JSW Infrastructure IPO stands at ₹18. With an IPO price band of ₹119.00, the estimated listing price for the JSW Infrastructure IPO would be ₹137. This suggests a potential expected gain of approximately 15.13% per share.
Additional details for retail and small High Net Worth Individuals (HNI) subject to Sauda are as follows:
- JSW Infrastructure IPO Retail Subject to Sauda: ₹1700
- JSW Infrastructure IPO Small HNI Subject to Sauda: ₹23800
Please note that these figures are subject to change and should be verified with the latest market information before making any investment decisions.
check day by day GMP Details(Live Status)
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