Tuesday, November 10, 2009

IPO Updates: JSW Energy IPO coming soon, a part of Jindal South West (JSW) group

JSW Energy is working in power generation since 2000. JSW Energy, subsidiary company of Jindal South West (JSW) group is entering the primary market to raise a minimum of Rs. 2600 crore from the issue.

JSW Energy's IPO is likely in last week of November or early December, 2009. The company has filed its DRHP with SEBI on 14-August 2009

JSW Energy's 560 MW plant in Karnataka is already operational while 3090 MW projects were under construction. The company has definative offtake for 1986 MW. Over and above that it has four projects of 7740 MW in hand to be completed between August 2014-2015.

Keywords: JSW Energy IPO, upcoming IPOs, November IPO
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