Deals26 Jun 2026, 06:40 pm
JSW Infrastructure Completes QIP, Raises ₹7,502 Cr
AI Summary
JSW Infrastructure Limited has successfully completed a Qualified Institutions Placement (QIP), issuing and allotting 23,00,00,000 Equity Shares via Fresh Issue and transferring 3,32,52,427 Equity Shares via Offer for Sale. The total amount raised is ₹75,02,69,41,695 at an Offer Price of ₹285 per Equity Share. The Fresh Issue component raised ₹6555 crore, while the Offer for Sale by the Promoter Selling Shareholder raised ₹947.69 crore. This transaction increases the company's paid-up equity share capital and is in compliance with SEBI regulations. Key institutional investors like Fidelity Advisor International Capital Appreciation Fund and HDFC Flexi-Cap Fund were among the major allottees.
Key Highlights
- JSW Infrastructure raised ₹7,502.69 crore through a Qualified Institutions Placement.
- The placement involved a fresh issue of shares and an offer for sale.
- The Offer Price was set at ₹285 per equity share.
- Significant investors include Fidelity and HDFC funds.
- The company's paid-up equity share capital has increased post-allotment.
Price Impact
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