- GMP
- Reviews
- Subscription
- Allotment
JSW Infrastructure IPO GMP, Details to watch, Guidance & Subscription status @ Chanakyanipothi.com, India`s Oldest Investment & IPO website.
A legacy of 31 Years.
Most Trusted by Investors across India.
JSW Infrastructure IPO Guidance:
JSW Infrastructure is in the business of Port Infrastructure, just like Adani Ports and Gujarat Pipavav Ports. For Adani Ports, it is a different case, whereas for JSW Infrastructure, high growth in topline and bottomline is difficult (Just as the case of GPPL).
IPO Size is somewhat large and at present, so many IPOs are competing with each other to take away investor funds.
Not so Attractive.
Live Analysis @ https://youtu.be/aWxjSTDdHCc
JSW Infrastructure IPO Post Listing Review:
The scrip listed at Rs. 143, as against issue price of Rs. 119, providing return of 20.17% over the issue price.
JSW Infrastructure IPO Grey Market Premium
Premium: Rs.31
Retail Allotted Applications Rs. 3000
JSW Infrastructure IPO Subscription Status?
On 27 September 2023 @ 5.00 (Day 1) Closed
Review: Uptil now slow flow of applications. .
QIB: 74336284 Shares 57.09 T
NII(10L+): 24778761 Shares 17.04 T
NII (<10L) 12389380 Shares 13.87 T
NII (Total) 37168141 Shares 15.98 T
RII: 24778761 Shares 10.29 T
Total: 136283186 Shares 37.37 T
Who is the promoter of JSW Infrastructure IPO?
SAJJAN JINDAL AND SAJJAN JINDAL FAMILY TRUST
What is the business of JSW Infrastructure?
JSW Infrastructure is the fastest growing port-related infrastructure company in terms of growth in installed cargo handling capacity and cargo volumes handled during Fiscal 2020 to Fiscal 2022, and the second largest commercial port operator in India in terms of cargo handling capacity in Fiscal 2022 . Its operations have expanded from one Port Concession at Mormugao, Goa that was acquired by the JSW Group in 2002 and commenced operations in 2004, to nine Port Concessions as of December 31, 2022 across India, making it a diversified maritime ports company. Its installed cargo handling capacity in India grew at a CAGR of 22.35% from 102.50 MTPA as of March 31, 2020 to 153.43 MTPA as of March 31, 2022. During the same period, its cargo volumes handled in India grew at a CAGR of 34.97% from 34.01 MMT to 61.96 MMT. In addition to its operations in India, it operates two port terminals under O&M agreements for a cargo handling capability of 41 MTPA in the UAE as of December 31, 2022.
It provides maritime related services including, cargo handling, storage solutions, logistics services and other value-added services to our customers, and are evolving into an end-to-end logistics solutions provider. It develops and operates ports and port terminals pursuant to Port Concessions. Its ports and port terminals typically have long concession periods ranging between 30 to 50 years, providing it with long-term visibility of revenue streams. As of December 31, 2022, the capacity weighted average balance concession period of its operational ports and terminals is approximately 25 years with Jaigarh Port, one of its largest assets, having a balance concession period of 35 years.
It has a diversified presence across India with Non-Major Ports located in Maharashtra and port terminals located at Major Ports across the industrial regions of Goa and Karnataka on the west coast, and Odisha and Tamil Nadu on the east coast. Its Port Concessions are strategically located in close proximity to our Anchor Customers and are well connected to cargo origination and consumption points. This enables it to serve the industrial hinterlands of Maharashtra, Goa, Karnataka, Tamil Nadu, Andhra Pradesh and Telangana, and mineral rich belts of Chhattisgarh, Jharkhand and Odisha, making its ports a preferred option for its customers. In addition, it benefits from strong evacuation infrastructure at its ports and port terminals that comprises of multi-modal evacuation techniques, such as coastal movement through a dedicated fleet of minibulk carriers, rail, road network and conveyor systems.
For more information, click www.jsw.in/infrastructure
What is the object of JSW Infrastructure IPO?
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
1. Investment in our wholly owned Subsidiaries, JSW Dharamtar Port Private Limited and JSW Jaigarh Port
Limited, for prepayment or repayment, in full or part, of all or a portion of certain of their outstanding
borrowings;
2. Investment in its wholly owned Subsidiary, JSW Jaigarh Port Limited, for financing its capital expenditure requirements 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. Investment in its wholly owned Subsidiary, JSW Mangalore Container Terminal Private Limited, for
financing its capital expenditure requirements in relation to proposed expansion at Mangalore Container
Terminal (“Mangalore Container Project”); and
4. General corporate purposes
JSW Infrastructure IPO GMP, Particulars & Guidance
JSW Infrastructure IPO Details | |
IPO opens on | 25 September ,2023 |
IPO closes on | 27 September ,2023 |
Issue Type | Book Built Issue IPO |
Issue Size | 235294118 Sh/Rs 2800 Cr |
* Fresh Issue | 235294118 Sh /Rs 2800 Cr |
* Offer for Sale | – Sh /Rs – Cr |
Face Value per share: | Rs. 2 |
Price Band | Rs. 113-119 |
Retail Discount | Rs 0 per share |
Employee discount | Rs. 0 per share |
Retail Lot Size | 126 Shares |
Listing will at | BSE, NSE |
Shares offered to | Shares | Rs. in Cr |
QIB (75 %) | 176470588 | 2100 |
NII (15 %) | 35294118 | 420 |
RII (10 %) | 23529412 | 280 |
Employees | X | 0 |
Total Shares | 235294118 | 2800 |
Retail portion will be oversubscribed by | ? Forms. | |
How to apply in JSW Infrastructure IPO ? | Net of RII discount | |
Min Retail Application | 126 Sh | Rs. 14994 |
Max Retail Application | 1638 Sh | Rs. 194922 |
Small HNI (Min) application | 1764 Sh | Rs. 209916 |
Small HNI (Max) application | 8403 Sh | Rs. 999957 |
Big HNI Application | 8529 Sh | Rs. 1014951 |
What is the timetable of JSW Infrastructure IPO? | |
IPO opens on | 25 September 2023 |
IPO Closes on | 27 September 2023 |
IPO Allotment on | 3 October 2023 |
Unblocking of ASBA | 3 October 2023 |
Credit of Shares | 3 October 2023 |
Listing on | 3 October 2023 |
Registered Office of JSW Infrastructure | |
JSW Centre, Bandra Kurla Complex Bandra (East), Mumbai 400 051, Maharashtra, India |
|
Who are the Lead Managers of JSW Infrastructure IPO? JM Financial Ltd Axis Capital ltd Credit Suisse Securities (India) Pvt ltd DAM Capital Advisors ltd HSBC Securities and Capital Markets (India) ICICI Securities ltd Kotak Mahindra Capital Company ld SBI Capital Markets ltd |
|
Registrar to IPO | |
KFin Technologies Limited |
JSW Infrastructure IPO Financial & Analytical Ratios | ||||
Year | Total Income | Net Profit | EPS | RoNW |
Rs. in Cr | Rs.in Cr | Rs. | % | |
2020-21 | 1678 | 284.62 | 1.62 | 10.29 |
2021-22 | 2379 | 330.44 | 1.82 | 10.21 |
2022-23 | 3195 | 749.51 | 4.12 | 18.80 |
Book Value of the Share on 31.03.2023 | Rs. | 21.88 | ||
BV of the Share after the IPO | Rs. | 34.66 | ||
Offer Price at Cap | Rs. | 119 |
Ratio Analysis | |
Upper Price /last EPS | 28.88 |
Upper Price/Book Value Ratio | 5.44 |
Upper Price/BV after IPO | 3.43 |
Peer Comparison.
As on date of RHP | FV | Total | PE |
Rs | Income(Cr) | Ratio of | |
The IPO Company | 2 | 3195 | 28.88 |
Adani Ports & SEZ | 2 | 20852 | 35.95 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
JSW Infrastructure IPO GMP, Particulars & Guidance
>>Go to Mainboard IPOs Section: Click
>>Go to SME IPOs Section: Click
>>Get Good Staff or Job, Click: Staffavailable.com
>>Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>>Get solid Guidance on Mutual fund Investments, Click: ChanakyaMFGuidance.com
>>Study Stock Research Reports, Click: AnalysisLibrary.com
>>Interested in Crossword Puzzles? Click: Magajmari.com
JSW Infrastructure
Apply for Long-term
GMP ₹14/= ₹15/=
Valiant and bls e services ipo also knocking in September