JSW Infrastructure gets bumper earning opportunity after 13 years, know important things before placing bets
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JSW Infrastructure IPO: A company of JSW Group has brought IPO in the market after about 13 years. JSW Infrastructure’s IPO opened this morning. Earlier in 2010, JSW Energy’s IPO had come. Investors can invest their money in this till 27th September. JSW Infrastructure has fixed the price band for the IPO at Rs 113 to Rs 119 per share. Along with this, the company has fixed the IPO lot size of 126 shares for retail investors. In such a situation, an investor will have to place a bet of at least Rs 14,994. Whereas, non-institutional buyers wishing to invest in the company will have to buy at least 14 lots together. The size of the company’s IPO is Rs 2800 crore. There is a good response in the gray market regarding the company’s shares. Despite the large lot of the company’s shares, it is trading at a premium of Rs 18. From this it is being estimated that the company will have a strong listing. Let us tell you that the listing of JSW Infrastructure will be on both BSE and NSE.
The company will have a lock period of 30 days
JSW Infrastructure is trying to raise around Rs 2800 crore through IPO. The company is going to spend the money raised through this on different items. Even before entering the open market, the company has raised Rs 1260 from its anchor investors. The lock-in period of 50 percent shares of the company is 30 days. Whereas, investors will not be able to sell the other 50 percent shares till February 12, 2024. According to the rules, anchor investors investing in the company will be able to sell shares only after the lock-in period.
what is ipo
Full name of IPO Initial Public Offering Is. It is a financial process in which a private company decides to issue an offer of its stock to investors in the open market. This is the first time for the company when it goes to sell its shares in the open market. When a company issues an IPO, it publicizes its shares and gives investors the opportunity to buy its shares. Through IPO, the company makes its stock available to investors through public and news media so that they can buy it. Through IPO, the company mostly tries to attract new investors for its stock and through this the company collects most of the capital to fulfill its development and financial plans. This is an attractive option for investors because it offers them the opportunity to own a public company.
How to invest in IPO
Before investing in IPO, understand the related documents completely. Investing in this is risky. In such a situation, take help from a financial advisor. To subscribe to an IPO, you must have a demat account. If you do not have one, you can approach a registered stockbroker or Depository Participant (DP) to open a Demat account. Next, choose a registered stockbroker that offers IPO services. You can do this through online trading platforms or by visiting the broker’s office in person. Stay updated with IPO announcements and their details. Information about upcoming IPOs is usually available on the websites of stock exchanges, financial newspapers and the official website of the company issuing the IPO. Once you have selected an IPO that you want to subscribe to, you can apply online or offline.
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