Announced Tue, 27 Oct, 2026 · 17:00 IST
Rs 5,499 crore unutilised; port project deadlines delayed
JSWINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
CARE found no deviation in use of proceeds. At 30 September 2026, Rs 2,726.13 crore was earmarked from the IPO; Rs 2,144.46 crore was used and Rs 581.67 crore remained. The LPG terminal and Mangalore expansion were ongoing, while the substation and dredger were delayed by six and three months. From the June Rs 6,555 crore share issue, Rs 1,055.61 crore was used and Rs 5,499.39 crore remained, mainly in deposits and money market funds.
Likely market impact
Funds were used as planned, but delayed port projects and large idle balances may defer growth returns; interim deposits earn interest.