India's JSW Infrastructure jump 20% in pre-open trading debut

Shares of JSW Infrastructure, India's second-largest commercial port operator, surged 20.17% in pre-open trade, valuing the company at $3.61 billion. This successful debut follows a string of other recent successful IPOs in India, driven by strong investor appetite. JSW Infra plans to use the IPO proceeds to fund expansion projects and repay debt.

Oct 3, 2023 - 11:30
India's JSW Infrastructure jump 20% in pre-open trading debut
Shares of JSW Infrastructure, India's second-largest commercial port operator, surged 20.17% in pre-open trade, valuing the company at $3.61 billion. This successful debut follows a string of other recent successful IPOs in India, driven by strong investor appetite. JSW Infra plans to use the IPO proceeds to fund expansion projects and repay debt.