JSWINFRANSEJSW Infrastructure LimitedHighNeutral
Announced Mon, 22 Jun · 19:13 IST

JSW Infra opens QIP with floor price set at Rs 290.35 per share

Fund Raising View source PDF

JSWINFRA · price

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Price reaction · full curve 14 horizons · vs prior close
+9.8%1-day move
₹308.20
prior close
₹309.00
base price
After-mkt
timing
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+2.8+2.4+2.4+1.0+9.8+7.2+3.9+4.9+7.2+5.7+9.6+5.4
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AI summary

JSW Infrastructure has launched a Qualified Institutions Placement of equity shares (face value Rs 2). Floor price fixed at Rs 290.35 per share, with up to 5 percent discount allowed at discretion. Offer includes a fresh issue by the company plus an offer for sale by Sajjan Jindal Family Trust. Board approved the QIP on 20 Feb 2026; shareholder approval was via postal ballot on 23 Mar 2026. Final price will be decided by the Finance Committee with lead managers.

Likely market impact

Potential share dilution from fresh equity issuance. Floor price of Rs 290.35 is the minimum benchmark for final QIP price. Promoter trust is also selling some shares.