25 Sep 2023
27 Sep 2023
₹113 to ₹119
03 Oct 2023
06 Oct 2023
JSW Infrastructure Limited was founded in 2006 and offers logistical, cargo handling, and other maritime-related services. Under the heading of Port Concessions, the corporation develops and manages ports and port terminals. In the JSW Group, JSW Infrastructure Limited is included. To achieve growth ambitions, the company collaborates with JSW Group Customers (Related Parties). In terms of cargo handling capacity for the fiscal year 2022, JSW Infrastructure is the second-largest commercial port operator in the nation.
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.
The book-running lead managers to the offer are: Jm Financial Ltd Axis Capital Ltd Credit Suisse Securities (India) Private Ltd Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Ltd Kotak Mahindra Capital Company Ltd SBI Capital Markets Ltd
Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.