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JSW Energy raises ₹4,000 cr via QIP
JSW Energy on Monday said it has raised ₹4,000 crore through the issuance of 7.61 crore shares on a qualified institutions placement basis.
TL;DRAI
JSW Energy raised ₹4,000 crore via QIP, issuing 7.61 crore shares at ₹525 — a 1.69% discount to the floor price of ₹534.05, closed with qualified institutional buyers on May 25. The deal signals sustained institutional appetite for Indian energy equity and sets a pricing benchmark for future capital rounds in the sector.
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