JSW Infra QIP closes at Rs 285; total issue size about Rs 7,503 crore

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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 closed its QIP, allotting 23 crore fresh shares and 3.32 crore shares via Offer for Sale by Sajjan Jindal Family Trust at Rs 285 per share. This is 1.84 percent below the floor price of Rs 290.35. Total issue size is about Rs 7,503 crore, including a Rs 283 premium over the face value of Rs 2.

Likely market impact

Dilution from 23 crore fresh shares and promoter stake reduction via OFS. Discounted pricing may pressure stock short-term.