
Updater Services IPO booked 2.9 times on final day; JSW Infra subscribed 37 times
Tentative listing date of Updater Services is October 9, while JSW Infrastructure is slated to make its debut on the stock exchanges on October 6
Tentative listing date of Updater Services is October 9, while JSW Infrastructure is slated to make its debut on the stock exchanges on October 6
The ₹2,800-crore IPO of JSW Infrastructure is going to be Sajjan Jindal-led JSW Group’s first public issue in nearly 13 years, after JSW Energy in 2010.
The O.P. Jindal Group company intends to use IPO proceeds to retire its debt as well as to fund its capacity expansion projects.