So far, the stock has hit a high of 154.90 and a low of 141.75. On the BSE, over 27.50 lakh shares of the company were traded in the counter so far.

The initial public offer (IPO) of JSW Infrastructure was subscribed 37.37 times. The issue opened for bidding on 25 September 2023 and it closed on 27 September 2023. The price band of the IPO is fixed at Rs 113-119 per share.

The offer comprised of only fresh issue of equity share aggregating to Rs 2800 crore. Of the net proceeds of fresh issue, the company will be using Rs 880 crore towards re/pre-payment (in full or part of all/portion) of certain borrowings through investment in wholly owned subsidiaries, JSW Dharmatar Port (JDPPL) and JSW Jaigarh Port (JJPL).

Further, Rs 1029.035 crore will be utilized towards financing capital expenditure requirements through investments in JJPL for proposed expansion/upgradation works i.e. expansion of LPG terminal (Rs 865.751 crore), setting up of electric substation (Rs 59.40 crore) and purchase & installation of dredger (Rs 103.884 crore) at Jaigarh Port; Rs 151.049 crore towards financing capital expenditure requirements through investments in JSW Mangalore Containter Terminal (JMCTPL), a WoS for proposed expansion at Mangalore Container Terminal and balance towards general corporate purposes.

Gross consolidated debt of the company as of end 30 June 2023, was Rs 4,228.387 crore and the net debt was Rs 1,873.778 crore.

JSW Infrastructure a part of JSW Group, is the second largest commercial port operator in India in terms of cargo handling capacity. It develops and operates ports and port terminals pursuant to port concessions.

It currently operates nine port concessions in India with an aggregate installed cargo handling capacity of 158.43 MTPA as of 30 June 2023 spread across spread across both west and east coast of India.

The company reported a consolidated net profit of Rs 320.89 crore and net sales of Rs 878.10 crore for the three months ended on 30 June 2023.