 JSW Infrastructure IPO: Day 2 Subscription Status

JSW Infrastructure's IPO oversubscribed 2.13 times, driven by strong retail investor demand

Retail segment oversubscribed by an impressive 4.78 times, showcasing significant interest.

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Non-Institutional Investors (NIIs) show substantial interest with a subscription rate of 3.97 times

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Non-Institutional Investors (NIIs) show substantial interest with a subscription rate of 3.97 times

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Qualified Institutional Buyers (QIBs) portion subscribed at a lower rate of 0.58 times.

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Grey Market Premium (GMP) remains stable at +18, following previous trends.

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IPO price band set at Rs 113-119; subscription window open till September 27.

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Prominent firms recommend "Subscribe" for JSW Infrastructure Ltd, citing strategic strengths.

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Company's strengths include strategic assets, stable revenues, and robust operational capabilities.

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Assessments highlight risks, including reliance on government agreements, but emphasize overall potential.

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Equity shares to be listed on BSE and NSE on October 6, 2023

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