₹7,503 Crore QIP Draws Strong Demand, Fuels Expansion Plans

$JSWINFRA has successfully closed its ₹7,503 crore Qualified Institutional Placement (QIP) at an issue price of ₹285 per share, with the offering reportedly receiving nearly seven times subscription from institutional investors. The proceeds will be used to fund capacity expansion, project development, strategic investments, and debt repayment, strengthening the company's growth ambitions in the ports and logistics sector. The strong investor response reflects confidence in JSW Infrastructure’s long-term infrastructure growth story and provides the company with significant financial flexibility for future expansion