Tuesday, November 24, 2009

JSW Energy IPO - Analysis, Recommendation and Review

JSW Energy has come out with an IPO of Rs. 2700 crore. The issue will open for subscription on 7th December and close on 9th December, 2009. The offer price of the issue is between Rs. 100 to Rs. 115.

The company intends to utilize the IPO proceeds to partially finance construction and development of the identified projects aggregating to 2790 MW in capacity;400 KV transmission project and mining venture, and for repayment of corporate project.

Watch out this blog for more details, subscription, allotment and listing!

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