JSW Infra QIP allotment completed at Rs 285 per share

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

timing

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AI summary

JSW Infrastructure allotted 23 crore equity shares under QIP at Rs 285 per share, with a 1.84 percent discount to floor price. Total issue size is Rs 7,502.69 crore, comprising Rs 6,555 crore fresh issue and Rs 947.69 crore offer for sale by promoters. Promoters sold 3.32 crore shares. Paid-up equity capital rose from Rs 420 crore to Rs 466 crore. Marquee investors include Fidelity at 16.81 percent, HDFC MF group and SBI MF group.

Likely market impact

Equity dilution of about 11 percent from fresh issue. Promoter OFS reduces promoter stake. Strong institutional participation from marquee investors.