BQPrime
•JSW Infrastructure sets price band of Rs 113-119 per share for Rs 2,800 crore IPO
78% Informative
JSW Infrastructure , a part of the JSW Group , on Monday fixed a price band of Rs 113-119 per share.
The initial share sale will open for public subscription on September 25 and conclude on Sept. 27 .
Proceeds of the issue to the tune of Rs 880 crore will be used to pay debt, Rs 865.75 crore to finance capital expenditure requirements for an LPG terminal project and Rs 59.4 crore for setting up an electric sub-station.
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