About JSW Infrastructure IPO
Incorporated in 2006, JSW Infrastructure Limited is the fastest growing port-related infrastructure company and the second largest commercial port operator in India as of FY23. It provides maritime related services like cargo handling, storage solutions, logistics services and other value-added services.
The company’s installed cargo handling capacity is 158 MTPA (Millions of Tonnes Per Annum) as of 31 March 2023. It serves the industrial hinterlands of Maharashtra, Goa, Karnataka, Tamil Nadu, Andhra Pradesh and Telangana, and the mineral rich belts of Chhattisgarh, Jharkhand and Odisha. It also operates two port terminals in the UAE under O&M agreements as of 30 June 2023.
The company is part of the JSW group, a multinational conglomerate operating across various sectors like steel, energy, infrastructure, cement, paints, venture capital and sports. Its revenue from operations has grown at a CAGR of 25% and profit at a CAGR of 38% in the last three years. Moreover, the GoI initiatives such as Gati Shakti Scheme, National Logistics Policy and Bharatmala Pariyojana aims to improve the transportation infrastructure in the country and might be beneficial for the company.
And now, JSW Infrastructure Limited is coming out with its initial public offer (IPO), which will completely be a fresh issue. The money raised will be used to repay borrowings, fund capital expenditure for investment in JSW Jaigarh Port and JSW Mangalore Container Terminal, and for general corporate purposes. Its shares will be listed on the NSE and the BSE.
Here are key details about the JSW Infrastructure IPO:
Here’s a quick look at the JSW Infrastructure IPO’s strengths, risks and threats
Strengths and opportunities
Risks and threats
JSW Infrastructure IPO details
| JSW Infrastructure IPO date
According to the offer document filed by the company with the SEBI, the JSW Infrastructure IPO’s opening date – in other words, the JSW Infrastructure IPO launch date – will be 25th September 2023. The JSW Infrastructure IPO closing date is 27th September 2023. After this, investors will be updated about the allotment status on 3rd October 2023.
Investors, who have been allotted shares, can expect them to be credited to their demat account on 5th October 2023. The JSW Infrastructure IPO listing date is 6th October 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
| JSW Infrastructure IPO Price Band
The entire IPO is a fresh issue. The JSW Infrastructure IPO price band has been set between ₹ and ₹ per share. Interested investors can choose a price within this band to apply for the IPO. The JSW Infrastructure IPO listing price will be determined on 6th October 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.
| JSW Infrastructure IPO Lot size
The JSW Infrastructure IPO details have been declared. The JSW Infrastructure IPO lot size is set at shares and an investor can apply for a minimum of 1 lot. Meanwhile, the JSW Infrastructure IPO issue size is approx ₹ crore.
How to pre-apply for the JSW Infrastructure IPO?
You can pre-apply for the JSW Infrastructure IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the JSW Infrastructure IPO?
If you are interested in this investment opportunity but unsure how to apply for the JSW Infrastructure IPO, here we are listing out the steps for you.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the JSW Infrastructure IPO on Upstox:
How to check the JSW Infrastructure IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.
Here’s a step-by-step guide on how to check the JSW Infrastructure IPO allotment status:
Open a demat account with Upstox to apply for the JSW Infrastructure IPO
To apply for the JSW Infrastructure IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the JSW Infrastructure IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the JSW Infrastructure IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the JSW Infrastructure IPO means applying for this public issue before it goes live. However, pre-apply for the JSW Infrastructure IPO isn’t open currently.
The pre-apply for the JSW Infrastructure IPO may begin one or two days before the launch date. After pre-applying, once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
You can apply on Upstox’s website and app, once the JSW Infrastructure IPO opens for subscription.
The dates for the JSW Infrastructure IPO haven’t been announced yet.
The details about the lot size haven’t been announced yet.
The price band for the JSW Infrastructure IPO isn’t available currently.
The size of the JSW Infrastructure IPO has not been announced yet.
You can place up to three bids for an application.
No, the bids have to be placed at one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
The date for crediting JSW Infrastructure shares to the demat account has not been announced yet.
Shares of JSW Infrastructure will list on BSE and NSE.
The listing date has not been announced yet.