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

QIP at a discountFund Raising View source PDF Explain this filing

JSWINFRA · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹330.50

prior close

₹322.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.3%-2.8% vs market

Port & Port services peers, median of 5sector-1.0%-2.1% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Midcap 150 and 2.1 pts less than its Port & Port services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

-0.3

15m

-0.5

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.3-2.8-1.0-2.1

Next day

-2.2+0.1-2.3-1.9-0.3

+0.0+0.3-0.3-1.2+1.2

-1.0+0.8-1.8+0.1-1.1

-1.4+0.6-2.0+0.0-1.5

-2.0+1.0-3.0+1.6-3.7

-4.7-0.9-3.7-2.0-2.7

15d

+5.7+1.5+4.3-1.4+7.2

-4.5+1.6-6.2-3.3-1.2

+2.9+3.5-0.6-0.6+3.5

+5.9-3.9+9.8——

UpDownMarket · Nifty Midcap 150Sector · Port & Port services peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.