At 10 am, JSW Infrastructure shares were trading at Rs 142.50 apiece on the Bombay Stock Exchange (BSE) and Rs 143 apiece on the National Stock Exchange.
JSW Infrastructure that provides maritime-related services, including cargo handling, storage solutions, logistics services and other value-added services to customers is aiming for Rs 2,800 crore through its public issue
JSW Infrastructure, the largest IPO of the month, opened for public subscription on September 25 and will close on September 27. The company raised Rs 1,260 crore from anchor investors on Friday. The IPO is a fresh equity issue of Rs 2,800 crore, with a price band of Rs 113-119 per share. The funds raised will be used for debt repayment, capital expenditure, and other corporate purposes. JM Financial, Axis Capital, and Credit Suisse Securities are the bankers on the issue.