Monday, November 23, 2009

JSW Energy Ltd IPO Opening on Dec 07 to Dec 09

The initial public offering (IPO) of JSW Energy Limited (JSWEL), a group company of JSW group will hit the market between December 07, 2009 to December 09, 2009. JSWEL is the first Independent Power Producer (IPP) to be set up in the state of Karnataka. Power firm JSW Energy will launch its initial public offering to raise Rs 2,700 crore.

JSW Energy Ltd is an established energy company with 560 megawatts of operational generating capacity and 3,090 MW of generating capacity in the construction or implementation phase. JSW Energy plans to foray in all areas of power Generation, Transmission, Distribution and Trading. Currently company is working on power solutions in the States of Karanataka, Maharashtra, Rajasthan and Himachal Pradesh.

The price band for the issue has been fixed at Rs 100/- at lower level and Rs 115/- at upper level for equity share of Rs 10/-.  CARE has assigned a IPO Grade 4 [Grade Four] to the proposed IPO issue of JSW Energy Ltd (JSWEL). 'CARE IPO Grade 4' indicates above average fundamentals.

Detailed information is now available on JSW Energy Ltd IPO information page.


JSW Energy Ltd IPO
JSW Energy IPO Allotment Status
JSWEL IPO Listing Date