SW Infra to list today after 2 days of IPO closure

New Delhi: Shares of JSW Infrastructure, a part of the JSW Group, will make its market debut on Tuesday, listing within two trading days after completing its Initial Public Offering (IPO) last week.

The IPO of JSW Infrastructure was subscribed 37.37 times on the last day of bidding on Wednesday. The Rs 2,800-crore IPO had a price range of Rs 113-119 per share. The public issue was entirely a fresh issue of equity shares. “Trading members of the exchange are hereby informed that effective Tuesday, October 3, the equity shares of JSW Infrastructure Ltd shall be listed and admitted to dealings on the exchange in the list of ‘B’ group of securities,” according to a BSE notice dated September 29. Equity markets are closed on Monday on account of Gandhi Jayanti. Wires and cables manufacturer R R Kabel became the first company to debut on the Dalal Street within two days of issue closing.