Investment26 Jun 2026, 06:40 pm
JSW Infrastructure Raises ₹7502 Cr via QIP, Allots 23 Cr Shares
AI Summary
JSW Infrastructure Limited has successfully completed its Qualified Institutional Placement (QIP), raising ₹7502.69 crore. The company approved the issue and allotment of 23,00,00,000 equity shares through a fresh issue and transfer of 3,32,52,427 equity shares via an Offer for Sale by the Promoter Selling Shareholder. The allotment was made at an offer price of ₹285 per equity share, which included a discount of ₹5.35 per share. The fresh issue component raised ₹6555 crore, while the Offer for Sale contributed ₹947.69 crore. This issuance increases the company's paid-up equity share capital and is in compliance with SEBI regulations.
Key Highlights
- JSW Infrastructure raised ₹7502.69 crore through Qualified Institutional Placement.
- 23 crore equity shares issued via fresh issue and offer for sale.
- Allotment price fixed at ₹285 per equity share.
- Company's paid-up equity share capital has increased.
- Key allottees include Fidelity Advisor and HDFC Flexi-Cap Fund.
Price Impact
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