Results 1 to 5 of 5

Thread: IPO Details - JSW Energy Limited

  1. #1
    PW Stalwart >take's Avatar
    Join Date
    Jun 2009
    Location
    India
    Posts
    291

    Lightbulb IPO Details - JSW Energy Limited

    · JSWEL has an impressive track record of operating power plants in an efficient manner.
    · The Company has big expansion plans and its project management expertise will enable it to complete multiple power projects in time.
    · JSWEL boasts of high realization of Rs. 6 per unit and RoE of ~33% as on 30 Sep 2009 as it derives close to 61% of its revenue from short term Power Purchase Agreements (PPA).
    · The Company leverages the group synergy in procurement of fuel and selling of power.
    · JSWEL has already tied up additional capital of Rs. 99,795 mn in debt to finance its business plans.
    Issue Detail:
    Issue Open: Dec 07, 2009 - Dec 09, 2009

    Issue Size: Rs. 2,700.00 Crore
    Issue Price: Rs. 100 - Rs. 115 Per Equity Share
    Minimum Order Quantity: 60 Shares



  2. #2
    PW Stalwart >take's Avatar
    Join Date
    Jun 2009
    Location
    India
    Posts
    291

    Default

    - The issue has been graded 4/5 by CARE, indicating strong fundamentals.
    - Indiabulls recommend investors to Subscribe to the issue.

  3. #3
    NewBie
    Join Date
    Aug 2009
    Location
    India
    Posts
    9

    Default

    I would recommend to avoid this IPO, after see all previous Power IPO discount listing.

  4. #4
    PW Stalwart v.r.s.nathan's Avatar
    Join Date
    Apr 2009
    Location
    Nagpur
    Posts
    250

    Default

    - Avoid JSW Energy IPO: Hem Securities
    - Angel Broking keeps neutral view on JSW Energy IPO

    Source - moneycontrol.com

  5. #5
    PW Expert MTG's Avatar
    Join Date
    Apr 2009
    Location
    Pune
    Posts
    122

    Default

    JSW Energy, a part of Sajjan Jindal-led JSW Group, has fixed its issue price at Rs 100 per share, at lower end of price band of Rs 100-115, due to lukewarm response from retail and non-institutional investors.
    For retail investors, issue price is fixed at Rs 95 per share, at a discount of Rs 5 to the original issue price.


    Source - moneycontrol.com


Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •