The JSW Infrastructure IPO is a book-built offering for Rs 2,800.00 crores. The problem is completely new.
The JSW Infrastructure IPO goes on sale on September 25, 2023, and concludes on September 27, 2023. The JSW Infrastructure IPO allotment is planned to be completed on Tuesday, October 3, 2023. JSW Infrastructure IPO will be listed on the BSE and NSE, with a tentative listing date of Friday, October 6, 2023.
The pricing range for JSW Infrastructure’s IPO is set at 113 to 119 per share. A minimum lot size of 126 Shares is required for an application. Retail investors must make a minimum investment of $14,994. The minimum lot size investment for sNII is 14 lots (1,764 shares), totaling 209,916, and for bNII is 67 lots (8,442 shares), totaling 1,004,598.
JSW Infrastructure IPO Details
| IPO Date | September 25, 2023 to September 27, 2023 |
| Listing Date | [.] |
| Face Value | Rs 2 per share |
| Price Band | Rs 113 to Rs 119 per share |
| Lot Size | 126 Shares |
| Total Issue Size | 235,294,118 shares (aggregating up to Rs 2,800.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to Rs 2,800.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 1,864,707,450 |
JSW Infrastructure IPO Timeline
| IPO Open Date | Monday, September 25, 2023 |
| IPO Close Date | Wednesday, September 27, 2023 |
| Basis of Allotment | Tuesday, October 3, 2023 |
| Initiation of Refunds | Wednesday, October 4, 2023 |
| Credit of Shares to Demat | Thursday, October 5, 2023 |
| Listing Date | Friday, October 6, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 27, 2023 |
JSW Infrastructure IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 126 | Rs 14,994 |
| Retail (Max) | 13 | 1638 | Rs 194,922 |
| S-HNI (Min) | 14 | 1,764 | Rs 209,916 |
| S-HNI (Max) | 66 | 8,316 | Rs 989,604 |
| B-HNI (Min) | 67 | 8,442 | Rs 1,004,598 |
