JSW Group is launching an IPO for its power company JSW Energy Ltd to raise Rs2700 crore through 100 percent book building. The issue would open on December 7 and Close on December 9.
The price band will be announced on 3 December two days before the bid opens for IPO.
NSE Tips for Stocks
The firm would be spending the proceeds of the IPO to fund plants in Ratnagiri in Maharashtra and Barmer in Rajasthan and also to repay high cost loans. Total debt of the company stands at Rs 7676 crore. The power company has a total generation capacity of 3140 mw.
Related Pages :
