JSW Infrastructure's IPO draws $ 7.3 billion bids

28 Sep 2023 CW Team

Indian commercial port operator JSW Infrastructure has received bids worth Rs 606.13 billion in its initial public offering (IPO). The company, which is owned by the JSW Group, received bids for Rs 5.09 billion shares at a price range of Rs 113 to 119 per share. This represents a significant oversubscription, with the demand reaching 37.37 times the 136.3 million shares that were initially offered, as per National Stock Exchange data. Institutional investors have displayed the most substantial interest in this IPO. It's worth noting that this marks JSW Group's first IPO since JSW Energy in 2010. The IPO consisted of a fresh issue of shares valued at up to 28 billion rupees. JSW Energy (JSWE.NS) made its debut in January 2010 and has seen its value increase more than fourfold since then. JSW Infra, a competitor of Adani Ports (APSE.NS) and Gujarat Pipavav Port (GPPL.NS), is scheduled to be listed on Indian exchanges next week.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..