The qualified institutional placement, combining a primary issue and promoter offer for sale, will help fund JSW Infra's expansion plans and broaden its institutional shareholder base
Sajjan Jindal-promoted JSW Infrastructure's qualified institutional placement (QIP) received bids worth over Rs 50,350 crore, nearly seven times the indicative issue size of up to Rs 7,503 crore, according to merchant bankers handling the issue. The QIP, launched on June 22, witnessed strong participation from leading domestic and global institutional investors, suggesting robust appetite for the country's ports and logistics infrastructure story. The company planned to raise up to Rs 7,502.7 crore through a QIP of 23 crore fresh equity shares, alongside an offer for sale (OFS) of 3.32 crore shares by the promoter. At the floor price of Rs 285 per share, the fresh issue is valued at Rs 6,555 crore and the OFS at Rs 947.7 crore. The shares were offered at a floor price of Rs 285 apiece, representing a 7.2 per cent discount to the company's June 22 closing price of Rs 307.25 on the BSE. According to merchant bankers, the company plans to utilise the proceeds from the fresh issue to f
JSW Infra outperformed the market by surging 11% in the past week and rallying 20% in the past month.
Stocks to Watch today: BEL, IREDA, JSW Infra, Vodafone Idea, Vedanta Aluminium, Craftsman Automation, Delhivery, Bajaj Auto, Bandhan Bank and more will be in focus today.
The Nifty has broken above the recent swing high near the 23,530 mark decisively, indicating a possible reversal in the immediate trend, says Hitesh Rathi, Technical Analyst at Angel One.
Stocks to Watch today: IndiGo, SpiceJet, Afcons infra, JSW Infra, Bharti Hexacom, NTPC Green Energy, NTPC, NLC India, FirstCry, JW Steel, HDFC Bank, among others, will in focus today.
The company has won a 30-year concession to develop container facilities at Netaji Subhas Dock, taking its planned capacity at the Kolkata Dock System to 1.4 million TEUs
With a balanced east-west coast presence and expanding inland logistics, analysts believe it is well placed to benefit from India's push for multimodal integration and port-led industrial growth
JSW Infrastructure reported lower Q4FY26 profit due to one-off losses, forex impact, and disruptions at its Fujairah terminal amid the Middle East conflict
At the current market price of ₹259 per share, the brokerage sees an upside potential of 39 per cent on the stock and has set a target price of ₹360 per share, based on 16x FY28E EV/Ebitda
JPMorgan has initiated coverage on Adani Ports and JSW Infra with an 'Overweight' rating
In an exchange filing, JSW Infra said emergency response procedures were activated immediately in line with safety protocols, and local authorities
Shares of Adani Ports, JSW Infra, GMR Airports fell on Monday as Iran blocks Strait of Hormuz. Analysts fear rising freight rates, and LNG, LPG costs may hurt imports and EXIM cargo
Nomura has initiated coverage on JSW Infrastructure and assumed coverage on Adani Ports; here's why
JSW Infra will raise up to 25 crore equity shares to support expansion and comply with Sebi's 25% public shareholding rule, as it targets 400 MTPA capacity and major logistics investments
JSW Infra has informed exchanges that a board meeting is scheduled for February 20, 2026 to consider a proposal for raising funds via QIP and other method
Stocks to watch on February 17, 2026: Stocks like Cochin Shipyard, JSW Infrastructure, Lupin, TVS Supply Chain, and Seamec will remain in focus today
While analysts see near-term volumes to be choppy for JSW Infra, the medium-term growth visibility looks strong to them on the backdrop of port expansion and logistics scale-up
Stocks to watch on Monday, January 19: At around 7:10 AM, GIFT Nifty futures were down 180 points at 25,571.50, signaling a gap-down start for the bourses.
JSW Infrastructure's Q3 FY26 profit rose 8.9% on higher port volumes and revenue growth, though earnings missed analyst estimates