JSW Infra allots QIP shares at Rs 285, raises Rs 6,555 crore fresh

Qip At DiscountMarquee Qip InvestorFund Raising View source PDF

JSWINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-2.2%1-day move

₹330.50

prior close

₹322.00

base price

After-mkt

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AI summary

JSW Infrastructure allotted 23 crore equity shares at Rs 285 under a QIP, raising Rs 6,555 crore fresh plus Rs 948 crore via promoter offer for sale, totaling Rs 7,503 crore. The price carries a 1.84 percent discount to the floor price. Key allottees include Fidelity (16.81 percent), HDFC MF and SBI MF (around 21 percent each). Paid-up equity capital rose from Rs 420 crore to Rs 466 crore.

Likely market impact

Equity dilution from fresh shares; capital raise strengthens balance sheet for growth. Modest discount suggests reasonable institutional demand.