JSW Infra plans to raise ₹7,503 crore through qualified institutional placement.

The offer consists of fresh equity issuance of ₹6,555 crore and an offer for sale of Rs 948 crore.

The company has offered equity shares at ₹285 per equity shares.

Shares of the company closed at ₹307 a share on NSE as on Monday.

The SEBI floor price was at ₹290 per equity share.