Tag: JSW Infrastructure

JSW Infrastructure, India's second-largest port operator by cargo handling capacity, is launching an IPO to raise Rs 2,800 crore. The price band is Rs 113-119 per share and the proceeds will be used to repay debt and fund expansion projects. The IPO is expected to be a major success, given the company's strong track record and growth potential.

JSW Infrastructure, the port-related infrastructure company of the JSW Group, is all set to launch its IPO on September 25. The IPO will consist of a fresh issue of Rs 2,800 crore and will not have an offer-for-sale component. The company will use the proceeds from the IPO to repay debts, expand its operations, and for general corporate purposes. The IPO will be open for subscription from September 25 to September 27, and the anchor book will be open on September 22. The trading in the equity shares of JSW Infrastructure on the BSE and NSE will commence with effect from October 6.