JSW Infrastructure Ltd.
JSW Infrastructure Limited is a port operator based out of Mumbai, India.[1]. its primary business interests are in the development of infrastructure for ports, roads, and rail connectivity. It's a part of JSW Group.
Description
JSW Infrastructure began as a logistics arm for the Jindal family’s business empire in 2004. The conglomerate’s heavy industries account for about 60 per cent of JSW Infrastructure’s work, which is mostly iron ore and coal shipments.
JSW Dharamtar Port and JSW Jaigad Port both ports are operated by JSW Infrastructure. The company has a cargo handling capacity of 153MT. In FY22, the company recorded a profit of ₹318 crore from a revenue of ₹2,273 crore.[2]
On 3rd October 2023, JSW Infrastructure debuted at a premium of 20.2% on Indian stock market via IPO.[3]
Operation & Capacity
It operates seven port terminals and two ports in India and holds operations and maintenance agreements for two port terminals in the UAE, boasting a total cargo handling capacity of 41 MTPA as of June 30, 2023. JSW Infrastructure accounts for 6 per cent, according to company estimates.
- ↑ https://www.dnaindia.com/business/report_jsw-in-five-fold-ramp-up-at-jaigarh_1286467
- ↑ https://www.fortuneindia.com/long-reads/jsw-group-life-beyond-steel/112193
- ↑ https://economictimes.indiatimes.com/markets/stocks/news/jsw-infrastructure-shares-debut-at-20-premium-over-ipo-price/articleshow/104120059.cms?from=mdr