JSW Infrastructure IPO GMP History
JSW Infrastructure IPO has been listed on October 3, 2023 at a listing price of ₹143, against the issue price of ₹119 — a gain of ₹24 (+20.17%). The GMP peaked at ₹23 on 2 October 2023 and reached a low of ₹15 on 24 September 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
JSW Infrastructure IPO raised ₹2800 Cr. through its IPO at a price band of ₹113 to ₹119 per share, with a lot size of 126 shares. The IPO was open for subscription from 25 Sep 2023 to 27 Sep 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:13 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Oct 2023 | ₹ 23 | — | 19% | — | — |
| 28 Sep 2023 | ₹ 23 | — | 19% | — | — |
| 27 Sep 2023 | ₹ 23 | ▲ | 19% | — | — |
| 26 Sep 2023 | ₹ 21 | ▲ | 18% | — | — |
| 25 Sep 2023 | ₹ 17 | ▲ | 14% | — | — |
| 24 Sep 2023 | ₹ 15 | — | 13% | — | — |
| 21 Sep 2023 | ₹ 15 | — | 13% | — | — |
| 20 Sep 2023 | ₹ 15 | — | 13% | — | — |
| 19 Sep 2023 | ₹ 15 | — | 13% | — | — |
JSW Infrastructure IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 25 Sep 2023
- Close 27 Sep 2023
- Allotment 28 Sep 2023
- Refund/credit 28 Sep 2023
- Listing 03 Oct 2023
JSW Infrastructure IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹119 |
|---|---|
| GMP-based estimate (pre-listing) | ₹134 (+12.6%) |
| Listing gain / loss | +₹24 per share |
| Listing date | 03 Oct, 2023 |
| Actual listing price | ₹143 (+20.17%) |
Is JSW Infrastructure IPO GMP reliable?
Grey market premium for JSW Infrastructure IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the JSW Infrastructure IPO full review for a fundamentals-based assessment before making any grey market trades.
JSW Infrastructure IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for JSW Infrastructure IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About JSW Infrastructure IPO
JSW Infrastructure Limited was incorporated on 21 April 2006 and is part of the JSW Group. As per CRISIL, it is the fastest growing port-related infrastructure company by growth in capacity and cargo volumes from Fiscal 2021 to Fiscal 2023, and the second largest commercial port operator in India by capacity in Fiscal 2023.
It develops and operates ports and port terminals under long port concessions. On 30 June 2023 it operated nine port concessions in India with installed capacity of 158.43 MTPA, and two terminals in the UAE under O&M agreements with capability of 41 MTPA.
It handles dry bulk, break bulk, liquid bulk, gases and containers, such as coal, iron ore, steel products, fertilisers, edible oil, LNG and LPG. JSW Group companies are major customers.
The IPO was Rs 2,800 crore and was entirely fresh issue. Rs 880.00 crore was planned for repaying subsidiary borrowings and Rs 1,029.04 crore for expansion works at Jaigarh Port.
Frequently asked
What is the GMP of JSW Infrastructure IPO?
The current Grey Market Premium (GMP) of JSW Infrastructure IPO is ₹ 15.
What is the Kostak Price of JSW Infrastructure IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for JSW Infrastructure IPO is not available.
What is the Subject to Sauda Price of JSW Infrastructure IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of JSW Infrastructure IPO?
JSW Infrastructure IPO listed on October 3, 2023 at ₹143, against the issue price of ₹119 — a gain of +20.17%.
How did the GMP of JSW Infrastructure IPO trend before listing?
The GMP of JSW Infrastructure IPO was stable in its final days before listing. The GMP peaked at ₹23 on 2 October 2023. View the day-wise table above for the complete GMP history.
Explore JSW Infrastructure IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
