JSW Infra's QIP sees seven-fold demand with ₹50,350 crore bids
pre-market1 source ↓written by the desknot a recommendation
- attracted bids exceeding
- ₹50,350 crore
- issue size
- ₹7,503 crore
- launched
- 22 June 2023
JSW Infrastructure's qualified institutional placement (QIP) attracted bids exceeding ₹50,350 crore, nearly seven times the indicative issue size of ₹7,503 crore. The QIP, launched on 22 June 2023, reflects strong interest from institutional investors in India's ports and logistics sector. Proceeds will fund greenfield port projects.
Not investment advice. For informational purposes only.