JSW Energy IPO to raise funds

December 12, 2007

JSW Energy IPO is currently under the planning stage and the issue would start subscription before the next financial year. JSW Energy is part of the JSW Group which plans to raise around an expected amount of Rs. 30 to Rs 50 billion and plans to hit the markets before April 2008. JSW Energy IPO funds will be used for the expansion plans the company has set in the next three years, an estimated amount of Rs 12o billion is planned with majority of the investment being planned in Tamilnadu.  JSW Energy is currently installing thermal plants with total capacity of 3060 MW in Rajasthan, Karnataka and Maharashtra. JSW Energy IPO Subscription and analysis of the JSW Energy IPO will be done over here, visit us soon.

Posted in IPO-Subscription, Indian IPOs