Friday, December 4, 2009

[Investors] IPO Update - JSW Energy Ltd IPO opens on December 07, Rs.100 to Rs.115

JSW Energy Ltd
Price Band: Rs.100 to Rs.115
Issue Opens on: December 07, 2009 | Issue Closes on: December 09, 2009

Issue highlights 

JSW Energy Ltd (JSW Energy) Incorporated in 1994, with the objective to develop, construct and operate power plants, they have been in the business of power generation since 2000.

They are a part of the JSW Group, headed by Mr. Sajjan Jindal, which is in turn a part of the O.P. Jindal Group. The JSW Group had revenue in excess of Rs. 168,000 million for the year ended March 31, 2009. 

As at September 30, 2009, the JSW Group employed more than 8,500 employees. The JSW Group has a presence in the steel, power, cement, software, and infrastructure sectors. As part of the JSW Group, they benefit from group synergies, including access to talent, competitive commercial terms, and access to critical equipment and suppliers. 

JSW Energy operate and maintain their JSWEL-SBU I 260 MW power plant and their JSWEL-SBU II 600 MW power plant. They also operate and maintain JSWSL?s 230 MW captive power plant under an Operation and Maintenance Agreement for a five year period until March 31, 2011. As a performance incentive, they receive 25% of the percentage by which the actual availability factor exceeds 85% multiplied by the operator fee.

*Data source: JM Financial Report

Issue Opens on: December 07, 2009
Issue Closes on: December 09, 2009
Bid Lot: 60 Equity Shares
Price Band: Rs.100 to Rs.115
Issue size: Rs.2,700 crore
IPO Grade : CARE 4/5 ? Average Fundamentals

--
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
 
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest