JSW Infrastructure IPO: Another company of JSW Group is ready to be listed in the market. JSW Infrastructure of the group itself is about to bring its IPO to the market. For this, the company has filed a draft with SEBI. As per the draft filed, new shares worth Rs 2800 crore can be issued under this IPO.
Rs 880 crore raised through this will be used to repay the debt of its subsidiary JSW Dharamtar Port and invest in JSW Jaigarh Port.
The company will not sell shares under Offer for Sale (OFS). According to the information, the money raised through this IPO will be used to repay the loan. The company also plans to invest more with this money.
Which shares of the group are listed
Now talking about the listed shares of JSW Group, its Hexa Tradex, Jindal Shaw, Jindal Steel, Jindal Infra Logistics, Jindal Stainless, JSW Energy, JSW Holdings, JSW Steel, Nalwa Sons Investments and Shalimar Paints are listed in the market.