JSW Infrastructure IPO: Listing date of initial public offering (IPO) of JSW Infrastructure Limited has been fixed on 3rd October 2023. As per the BSE notice, "...
effective from Tuesday, October 3, 2023, the equity shares of JSW Infrastructure Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' group of securities." JSW Infrastructure share price will list on BSE and NSE at around 9:45 AM in special pre-open session during Tuesday deals whereas JSW Infrastructure shares will become aailable for trade on the Indian bourses from 10:00 AM today. Buy or Sell: 4 trading ideas to look at by Emkay Global According to stock market experts, JSW Infrastructure Limited has strong fundamentals and limited competition in the market.
However, majority of its business comes from sister concerns, which is the basic challenge for the company. They said that JSW Infrastructure IPO received strong response from investors and it is expected to repeat that on the listing date with strong debut on Dalal Street.
They said that JSW Infrastructure share price may open in the range of ₹138 to ₹145 per share. Speaking on expecting JSW Infrastructure IPO listing price, Arun Kejriwal, Founder at Kejriwal Research and Investment Services said, "JSW Infrastructure Limited has strong fundamentals and it has reported strong balance sheet as well.
However, most of its business is coming from its sister concerns that may post a challenge for a convincing response by investors in post-listing phase. However, I believe that JSW Infrastructure share price may list at strong premium." "Exciting news! Mint is now on WhatsApp Channels
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