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JSW Infrastructure

ListedInfrastructure2023

India's second-largest commercial port operator, part of the JSW Group, with a fast-growing cargo handling network.

Return from IPO
+148%
₹119 → ₹295
Issue Price
₹119
Listing Price
₹143
Current
₹295
52W High
₹348
52W Low
₹227
Listing Gain
+20.2%

Company Overview

Introduction

JSW Infrastructure operates ports and port terminals handling diverse cargo, providing maritime-related services across India's coastline.

Business Model

Earns tariff-based revenue on cargo throughput, anchored by JSW Group volumes (steel, energy) with a growing third-party customer mix.

Industry Analysis

Rising EXIM trade and the Sagarmala programme support long-term growth in private port capacity.

Promoters
Sajjan Jindal family (JSW Group)

IPO Details

Issue Size
₹2,800 Cr
Price Band
₹113 – ₹119
Lot Size
126 shares
Open → Close
25 Sept 2023 – 27 Sept 2023
Listing Date
03 Oct 2023
Listing Gain
+20.2%
Subscription (times)
37.4x
Overall
80.1x
QIB
16.3x
NII
9.5x
Retail

Market Performance

Current Price
₹295
Market Cap
₹61,900 Cr
P/E Ratio
60.2
Dividend Yield
0%
ROE
12.4%
ROCE
14%

Financials

Revenue CAGR +31.4%
Fiscal YearRevenueProfitEBITDANet WorthDebt
FY22₹2,273 Cr₹330 Cr₹1,180 Cr₹4,900 Cr₹4,100 Cr
FY23₹3,375 Cr₹750 Cr₹1,700 Cr₹5,700 Cr₹4,300 Cr
FY24₹3,925 Cr₹902 Cr₹2,050 Cr₹9,200 Cr₹3,800 Cr

All figures in ₹ crore.

Price History

IPO Price vs Current

Returns

Key Numbers

GMP
₹22
Issue Size
₹2,800 Cr
Return from IPO
+147.9%
Listing Gain
+20.2%

News & Updates

  • JSW Infra crosses record annual cargo volume

    Mint

    15 Apr 2025
  • Expands terminal capacity at east-coast port

    Moneycontrol

    30 Oct 2024

SWOT Analysis

Strengths
  • Captive JSW Group cargo base
  • Long concession tenures
  • Strong EBITDA margins
Weaknesses
  • Group-volume dependence
  • Capital-intensive expansion
Opportunities
  • Third-party cargo diversification
  • Logistics and storage value-add
Threats
  • Commodity-cycle volatility
  • Regulatory tariff changes

Figures are illustrative sample data for demonstration — not investment advice.