Established in 2006, JSW Infrastructure Limited is a prominent player in the maritime industry, specializing in a comprehensive range of maritime-related services, including cargo handling, storage solutions, and logistics services. The company is actively involved in the development and operation of ports and port terminals through Port Concessions.
JSW Infrastructure Limited operates as an integral part of the esteemed JSW Group and collaborates closely with JSW Group Customers (Related Parties) to drive growth initiatives. In Fiscal 2022, the company achieved the remarkable feat of becoming the second-largest commercial port operator in India, measured by cargo handling capacity.
The company boasts a diverse portfolio of cargo handling capabilities, encompassing dry bulk, break bulk, liquid bulk, gases, and containers. The array of cargo currently managed by JSW Infrastructure includes thermal coal, non-thermal coal, iron ore, sugar, urea, steel products, rock phosphate, molasses, gypsum, barites, laterites, edible oil, LNG, LPG, and containers.
One of the notable features of JSW Infrastructure’s operations is the extended concession periods typically ranging between 30 to 50 years. These extended concessions provide the company with substantial long-term revenue visibility.
With a nationwide presence, JSW Infrastructure operates in key industrial regions across India, with Non-Major Ports situated in Maharashtra and port terminals strategically located at Major Ports in Goa, Karnataka (on the west coast), and Odisha, Tamil Nadu (on the east coast).
JSW Infrastructure Limited currently manages nine Port Concessions in India, boasting an installed cargo handling capacity of 158.43 million metric tons per annum (MTPA) as of June 30, 2023. Impressively, the company’s installed cargo handling capacity in India has exhibited robust growth, with a Compound Annual Growth Rate (CAGR) of 15.27% from March 31, 2021, to March 31, 2023.
JSW Infrastructure IPO Details #
JSW Infrastructure IPO is a Book Built Issue. The IPO total issue size is Rs 2,800.00 Cr. The JSW Infrastructure IPO price is [.] to [.] per share. The IPO will list on BSE, NSE.
IPO Date | September 25, 2023 to September 27, 2023 |
Listing Date | [.] |
Face Value | ₹2 per share |
Price | [.] to [.] per share |
Lot Size | |
Total Issue Size | [.] shares (aggregating up to ₹2,800.00 Cr) |
Fresh Issue | [.] shares (aggregating up to ₹2,800.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 1,864,707,450 |
JSW Infrastructure IPO Reservation #
QIB Shares Offered | Not less than 75.00% of the Net offer |
NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
Retail Shares Offered | Not more than 10.00% of the Offer |
JSW Infrastructure IPO Timetable (Tentative) #
JSW Infrastructure IPO opens on September 25, 2023, and closes on September 27, 2023.
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 |
Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2023 |
JSW Infrastructure IPO Promoter Holding #
Mr. Sajjan Jindal and Sajjan Jindal Family Trust are the promoters of the company.
Pre Issue Share Holding | 96.42% |
Post Issue Share Holding |
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 |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Prepayment or repayment, in full or part, of all or a portion of certain outstanding borrowings through investment in the wholly owned Subsidiaries, JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited.
2. Financing capital expenditure requirements through investment in the wholly owned subsidiary, JSW Jaigarh Port Limited, for proposed expansion/upgradation works at Jaigarh Port i.e., i) expansion of LPG terminal (“LPG Terminal Project”); ii) setting up an electric sub-station; and iii) purchase and installation of dredger.
3. Financing capital expenditure requirements through investment in the wholly owned subsidiary, JSW Mangalore Container Terminal Private Limited, for the proposed expansion at Mangalore Container Terminal (“Mangalore Container Project”).
4. General corporate purposes.
JSW Infrastructure IPO Prospectus #
Company Contact Information #
JSW Centre,
Bandra Kurla Complex Bandra (East),
Mumbai – 400 051
Phone: +91 22 4286 1000
Email: infra.secretarial@ jsw.in
Website: https://www.jsw.in/infrastructure
JSW Infrastructure IPO Registrar #
Phone: 04067162222, 04079611000
Email: jswinfrastructure.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
JSW Infrastructure IPO Lead Manager(s) #
- Jm Financial Limited (Past IPO Performance)
- Axis Capital Limited (Past IPO Performance)
- Credit Suisse Securities (India) Private Limited (Past IPO Performance)
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) (Past IPO Performance)
- Hsbc Securities & Capital Markets Pvt Ltd (Past IPO Performance)
- ICICI Securities Limited (Past IPO Performance)
- Kotak Mahindra Capital Company Limited (Past IPO Performance)
- SBI Capital Markets Limited (Past IPO Performance)
FAQs #
What is the total issue size of JSW Infrastructure IPO? #
The total issue size of JSW Infrastructure IPO is Rs 2,800.00 Crores.
What is the IPO price for JSW Infrastructure shares? #
The IPO price for JSW Infrastructure shares is yet to be disclosed.
What is the minimum lot size for JSW Infrastructure IPO? #
The minimum lot size for JSW Infrastructure IPO is yet to be disclosed.
When does JSW Infrastructure IPO open and close? #
JSW Infrastructure IPO opens on September 25, 2023, and closes on September 27, 2023.
Who are the promoters of JSW Infrastructure Limited? #
Mr. Sajjan Jindal and Sajjan Jindal Family Trust are the promoters of the company.
What are the key financial indicators of JSW Infrastructure Limited as of March 31, 2023? #
Earnings Per Share (EPS): ₹4.12
Return on Net Worth (RoNW): 18.80%
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.