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

Offer for sale at a discountCapital Market Events 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 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.