The price band for the upcoming JSW Energy IPO is fixed at Rs.100/- to Rs.115/- per equity share. The Company proposes to raise around Rs.2,700 crore from the Initial Public Offer (IPO) which opens for subscription from Monday, December 7, 2009 to Wednesday, December 9, 2009
The book running lead managers to the Issue are JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, ICICI Securities Limited, IDFC-SSKI Limited, J P Morgan India Private Limited, SBI Capital Markets Limited, Morgan Stanley India Company Private Limited and IDBI Capital Market Serviced Limited.
The IPO has been assigned "CARE IPO Grade 4" by the Credit Rating Agency CARE.
(Click here for more on JSW Energy IPO Rating)
Thursday, December 3, 2009
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