JSW Infrastructure IPO: Invested in JSW Infrastructure IPO, did you get shares in your account, check this way

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JSW Infrastructure IPO: The share allotment of JSW Infrastructure IPO has been finalized. The IPO was open for subscription from 25 to 27 September. The price band of each share has been fixed at ₹113-119 per share. The status of allotment of shares can be checked on the Registrar’s portal Kfin Technologies Limited. If you have applied for the IPO of the company, you can check it on the registrar’s website. A JSW Group company has launched an IPO in the market after about 13 years. Earlier, the company had launched the IPO of JSW Energy in 2010. The company is looking to raise around Rs 2800 crore through IPO. The money raised through this will be invested in different ways. 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.

IPO price increased in gray market

JSW Infrastructure’s IPO is getting very good response in the gray market also. The company’s IPO is trading at a premium of Rs 23. In the gray market, it is believed that the stock of JSW Infrastructure will be listed between Rs 143 to 149 on BSE and NSE. Let us tell you that the entire business of JSW Infra is related to marine. This includes storage solutions, cargo handling and logistics services. In the financial year 2022-23, the revenue of JSW Infra was Rs 3372.85 crore. During this period the company had earned a profit of more than Rs 749 crore.

How to check allotment status on registered portal

  • Go to the registered portal. After clicking on the available link, you will see five links where the status can be checked.

  • By clicking on one of the links, select JSW Infrastructure Limited from the dropdown menu in the IPO section.

  • Select any one of the three options to check allotment status, i.e. Application Number, Demat Account or PAN.

  • If you have chosen the first option, type the application number and captcha code, then click on ‘Submit’.

  • If you have opted to check status through Demat account number, type it and enter the captcha code before clicking on ‘Submit’.

  • For the third option, enter your PAN number and type the captcha code. Click on ‘Submit’.

How to check allotment status on BSE and NSE

For BSE, visit the allotment page on the official site. Now select ‘Equity’ under the ‘Issue Type’ section. Select IPO from the dropdown option under ‘Issue Name’.

Enter your PAN or application number to check the status.

Go to the website of National Stock Exchange.

Select the ‘Click to Sign Up’ option and register yourself with your PAN. – Now login through username, password and captcha code. Check your IPO allotment status on the new page that opens.

Gray market is the market for second hand IPO.

Gray market can be called in simple words the second hand market of IPO. This means that after the IPO is issued, instead of buying directly from the stock market, you buy the IPO from an investor who has already invested in the company. The biggest problem in this gray market is that the sellers, brokers and traders working in it are not registered anywhere. There are no rules and regulations in this market. Business is done only on trust and personal interaction. At the same time, if money gets stuck, you have to do the recovery yourself.

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.

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