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Ahead of IPO, JSW Infra mops up ₹1,260cr in anchor round

IndiaTimes Friday, 22 September 2023
JSW Infrastructure, which is preparing for a Rs 2,800-crore IPO, has secured Rs 1,260 crore in funding from both foreign and domestic investors in an anchor round. The anchor investors include GIC and Fullerton from Singapore, as well as Morgan Stanley, HSBC Global, Theleme, and Pictet, among others. Domestic investors such as SBI Mutual Fund, ICICI Prudential MF, HDFC MF, and Nippon MF, as well as private insurance companies like SBI Life, Birla Life, and Bajaj Allianz Life, also participated.
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