JSW Infrastructure IPO allotment status: Step-by-step guide to check application status; listing date on NSE, BSE
JSW Infrastructure IPO allotment status: Step-by-step guide to check application status; listing date on NSE, BSE
JSW IPO allotment status, JSW IPO allotment status link: JSW Infrastructure is expected to finalise share allotment today i.e. September 29. The port-related infrastructure company has seen a good response from the investors as its initial public offering (IPO) got subscribed over 37.37 times on the last day of bidding, which was on Wednesday. It received a robust response from Qualified Institutional Buyers (QIBs) as the portion allotted for them got subscribed 57.09 times. Similarly, the quota for non-institutional investors received 15.99 times the subscription.
JSW IPO allotment status: Check the status online on the BSE website
Below are some easy steps to check JSW IPO allotment status on the official website of Bombay Stock Exchange (BSE).
Step 1: Visit the official website of BSE and to the 'Status of Issue Application' or use this direct link - https://www.bseindia.com/investors/appli_check.aspx
Step 2: Under the ‘Issue Type’ section, you have to select ‘Equity’.
Step 3: Select ‘JSW Infrastructure Limited’ from the dropdown menu.
Step 4: Provide details like application number or PAN number.
Step 5: Click on 'I am not a Robot' and submit.
Alternatively, subscribers can check JSW Infrastructure IPO allotment status by visiting the official website of Kfin Technologies - the registrar of the issue.
JSW IPO allotment status: Check status on Kfin Technologies
Step 1: Visit the official website of Kfin or use this link - https://ris.kfintech.com/ipostatus/
Step 2: Click on any of the 5 available links on the page to view IPO Allotment Status
Step 3: Select JSW Infrastructure Limited IPO from the drop-down.
Step 4: Provide one of the details - Application No or Demat Account or PAN
Step 5: Provide Application Number
Step 6: Enter the captcha and click on Submit.
JSW Infrastructure IPO: Listing Date
The shares of JSW Infrastructure are expected to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 6.
JSW Infrastructure IPO: Editor's Take
According to Zee Business Managing Editor Anil Singhvi, this is a "must-have stock".
"Subscribe for small listing gains. There are chances of a good listing. However, this is a must-have stock in the portfolio and good for long-term investment," Singhvi said.
Meanwhile, JSW Infrastructure has collected Rs 1,260 crore from anchor investors. Proceeds of the issue to the tune of Rs 880 crore will be used to repay debt, Rs 865.75 crore to finance capital expenditure requirements for an LPG terminal project, Rs 59.4 crore for setting up an electric sub-station, as per the circular. Further, Rs 103.88 crore will be used for the purchase and installation of a dredger and Rs 151.04 crore for the proposed expansion at Mangalore Container Terminal, it said.
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