A good investment opportunity for long-term investors with a bullish outlook on the Indian infrastructure sector.
JSW Infrastructure IPO
A leading infrastructure company with a focus on ports, roads, and railways.
Open from September 25 to 27, 2023. Price band ₹113 to ₹119 per share. Minimum lot size 126 shares.
– JSW Infrastructure has shown strong financial performance in recent years.
– Revenue from operations has grown at a compound annual growth rate (CAGR) of 41.15% over the past 3 years.
– Profit after tax has grown at a CAGR of 62.28% over the same period.
– The IPO is priced at a price-to-earnings (P/E) ratio of 15.8x based on its FY23 earnings.
Should You Buy the IPO?
– Yes, if you are a long-term investor with a bullish outlook on the Indian infrastructure sector.
– Risks associated with the IPO include economic slowdown, increase in competition, regulatory changes, and project delays.
– However, investors should be aware of the risks associated with the IPO before investing.