JSW Infrastructure Ltd.

The company is a top port-related infrastructure company in India. It's the 2nd largest commercial port operator in the country with 9 port concessions and 2 port terminals in the UAE. The company has achieved rapid growth, expanding its installed cargo handling capacity by 22.35% CAGR from 102.50 MTPA to 153.43 MTPA. It offers a wide range of maritime services, including cargo handling, storage solutions, and logistics. Its strategic locations and strong multi-modal evacuation infrastructure make it a preferred choice for customers.

RHP
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DRHP
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Open Date

2023-09-25

Close Date

2023-09-27

IPO Details

Check out the issue details for JSW Infrastructure Ltd. IPO as disclosed in SEBI.

Price Band

₹ 113 - 119

Issue Size

2800 Cr.

Issue Type

Book Built

Open

2023-09-25

Close

2023-09-27

Company Financials

You can get the following financial statements of JSW Infrastructure Ltd. as of now.

Subscription Details

The details about the JSW Infrastructure Ltd IPO is as:

  • The issue size of the IPO is 2800 Cr.
  • The price band for JSW Infrastructure Ltd IPO is Rs 113 to Rs 119.
  • The shares of JSW Infrastructure Ltd IPO will list on 6th October 2023.
  • The latest tentative GMP of JSW Infrastructure Ltd IPO is Rs 15.

 

JSW Infrastructure Ltd IPO Valuation

The approx valuation of JSW Infrastructure Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 119
Existing Shares (Qty) 186.4 Cr
Fresh Issue 2800 Cr
Market Cap 24981.6 Cr
EPS (FY23) Rs 4.12
PE Ratio  28.88x
Industry PE  35.95x

 

JSW Infrastructure Ltd IPO Issue Size

JSW Infrastructure Ltd IPO issue size is 2800 Cr.

Issue Amount
Fresh Issue 2800 Cr
Offer For Sale 0 Cr

 

JSW Infrastructure Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 126 shares and a maximum of 13 lots of 1638 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 126 Rs 14,994
 Maximum 13 1638 Rs 1,94,922

 

JSW Infrastructure Ltd IPO share offer

The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Minimum 75%
Non-Institutional Maximum 15%
Retail Individual Maximum 10%

Allotment Details

Find below the dates for JSW Infrastructure Ltd IPO:

Schedule Date
Basis of Allotment 3 October 2023
Refunds 4 October 2023
Credit to Demat Account 5 October 2023
IPO Listing Date 6 October 2023

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 229.53 270.83 284.57 320.26 457.97
Total Expenditure 61.81 208.09 128.27 164.05 270.04
Operating Profit 167.72 62.74 156.3 156.21 187.93
Other Income 33.88 65.42 72.93 49.55 132.22
Interest 29.41 6.11 66.8 69.16 145.35
Depreciation 74.07 1.62 1.77 1.77 1.66
Exceptional Items 0 0 0 0 0
Profit Before Tax 98.11 120.43 160.65 134.83 173.14
Provision for Tax 27.22 9.5 29.14 35.84 32.6
Net Profit 70.89 110.93 131.51 98.97 140.88
Adjusted EPS (Rs.) 0.04 0.06 0.07 0.06 0.08

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 60.18 60.18 59.93 59.93 59.93
Total Reserves 1235.75 1354.71 989.98 1140.77 1332.57
Borrowings 0 0 284.23 224.79 3006.74
Other N/C liabilities -32.9 -42.82 -26.46 209.41 235.01
Current liabilities 77.85 103.17 273.9 412.06 294.57
Total Liabilities 1340.88 1475.23 1581.57 2046.97 4928.82
Assets
Net Block 174.72 91.52 102.28 100.58 97.87
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 531.08 575.51 1029.68 1413.87 1559.85
Loans & Advances 35.46 6.74 31.91 148.83 2593.37
Other N/C Assets 4.2 0 3.03 1.4 1.4
Current Assets 595.43 801.46 414.67 382.28 676.33
Total Assets 1340.88 1475.23 1581.57 2046.97 4928.82
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 98.11 120.43 160.65 134.83 173.14
Adjustment 46.4 59.95 2.92 38.18 47.56
Changes in Assets & Liabilities 222.31 3.78 -28.4 169.26 -14
Tax Paid -12.75 -20.51 -13.44 -21.69 -37.11
Operating Cash Flow 354.08 163.65 121.74 320.58 169.59
Investing Cash Flow -26.75 -124.26 26.22 -350.62 -2492.62
Financing Cash Flow -294.6 -59.91 -114.63 -6.19 2539.17
Net Cash Flow 32.73 -20.53 33.33 -36.23 216.14
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