31 Mar 2020
Assets7,191.85
Total Income1,237.37
Profit After Tax196.53
NET Worth2,488.23
Reserves and Surplus2,486.53
Total Borrowing3,102.57
At a glance
Updated 2026-09-16The shares listed at ₹143.00, a 20.17% move from the issue price. JSW Infrastructure is a Mainboard IPO with an issue size of ₹2,800.00 crore, proposed for listing on BSE, NSE. The offer opens on 25th Sep 2023 and closes on 27th Sep 2023. The issue structure includes a fresh issue of ₹2,800.00 crore. The current listing schedule points to 3rd Oct 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,800.00 Cr
Fresh issue₹2,800.00 Cr
Face value₹2
Price band₹113.00–₹119.00
Allotment28th Sep 2023
Listing3rd Oct 2023
Listing performance
Full performance ↗Issue price₹119.00
Listing price₹143.00
Current price—
Listing gain20.17%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹30.00
GMP / upper price25.21%
Est. listing₹149.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Sep 2023
Closes27th Sep 2023
Allotment28th Sep 2023
Refund28th Sep 2023
Demat29th Sep 2023
Listing3rd Oct 2023
Subscription demand
Full bidding ↗Total39.36×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 126 | ₹14,994 |
Company
Incorporated2006
Use of proceeds
| Object | Amount |
|---|---|
| Prepayment or repayment, in full or part, of all or a portion of certain outstanding borrowings through investment in our wholly owned Subsidiaries, JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited | ₹880.00 Cr |
| Financing capital expenditure requirements through investment in our 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; | ₹1,029.04 Cr |
| Financing capital expenditure requirements through investment in our wholly owned Subsidiary, JSW Mangalore Container Terminal Private Limited, for proposed expansion at Mangalore Container Terminal (“Mangalore Container Project”); and | ₹151.05 Cr |
| General corporate purposes. | ₹666.05 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue3,372.85₹ Cr · +41.8% vs prior year
PAT749.51₹ Cr · +126.8% vs prior year
Assets9,450.66₹ Cr · +0.2% vs prior year
Net Worth3,934.64₹ Cr · +22.5% vs prior year
Borrowing4,243.70₹ Cr · -3.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets8,254.55
Total Income1,678.26
Profit After Tax284.62
NET Worth2,831.18
Reserves and Surplus2,829.84
Total Borrowing3,945.82
31 Mar 2022
Assets9,429.46
Total Income2,378.74
Profit After Tax330.44
NET Worth3,212.13
Reserves and Surplus3,208.98
Total Borrowing4,408.69
31 Mar 2023
Assets9,450.66
Total Income3,372.85
Profit After Tax749.51
NET Worth3,934.64
Reserves and Surplus3,645.75
Total Borrowing4,243.70
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS4.12
Pre-IPO P/E29.67
Post-IPO P/E19.38
Promoter holding pre96.42%
Promoter holding post85.61%
Market cap₹24990.00 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| JSW Infrastructure IPO | — | - | — | — |
| Skyways Air IPO | — | 31.57 x | — | — |
| Horizon Industrial IPO | — | - | — | — |
| Shiprocket Limited IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs (including underwriting commission, brokerage and selling commission)*** | ₹44.60 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue, Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, CRTAs and CDPs. (1)(2)(3)(4) | ₹3.05 Cr |
| Fees payable to the Registrar to the Issue | ₹0.30 Cr |
| Fees payable to the auditors, consultants and industry experts | ₹1.00 Cr |
| Other expenses (i) Listing fees, SEBI filing fees, Stock Exchange processing fees, book building software fees and other regulatory expenses | ₹8.22 Cr |
| Other expenses (ii) Printing and distribution of stationery expenses | ₹3.91 Cr |
| Other expenses (iii) Advertising and marketing expenses for the Issue | ₹6.31 Cr |
| Other expenses (iv) Fees payable to the monitoring agency | ₹0.45 Cr |
| Other expenses (v) Fees payable to the legal counsel | ₹5.32 Cr |
| Other expenses (vi) Miscellaneous | ₹0.70 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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