JSW Infrastructure Raises Rs 7,503 Crore via Combined QIP and Promoter Offer
JSW Infrastructure completed a Rs 7,503 crore qualified institutional placement (QIP), combining a primary issuance of Rs 6,555 crore and a promoter offer for sale within a single transaction, a first in India. The QIP attracted bids worth around Rs 50,530 crore, reflecting strong demand from global and domestic investors. The funds will support JSW Infra's Rs 39,000 crore multi-year capital expenditure plan, including port capacity expansion, and help meet public shareholding requirements while broadening its institutional investor base.