JSW Infrastructure Ltd

(JSWINFRA)

JSW Infrastructure Limited was originally incorporated as a public limited company with the name of JSW Infrastructure Logistics Limited on April 21 2006 by the RoC at Mumbai. Thereafter the name of Company was changed to JSW Infrastructure Limited on April 2 2008 upon issuance of a fresh certificate of incorporation in change of name by the Registrar of Companies Maharashtra at Mumbai. The Company is a part of the JSW Group a multinational conglomerate with an international portfolio of diversified assets across various sectors including steel energy infrastructure cement paints venture capital and sports. It scaled up business operations from a single Port Concession at Mormugao Goa that was acquired by the JSW Group in 2002 and commenced operations in 2004 to nine Port Concessions as of December 31 2022 across India making us a diversified maritime ports company. The Company is the fastest growing portrelated infrastructure company in terms of growth in installed cargo handling capacity and cargo volumes handled and the second largest commercial port operator in India in terms of cargo handling capacity. The Company provide maritime related services including cargo handling storage solutions logistics services and other valueadded services to customers and are evolving into an endtoend logistics solutions provider. It develop and operate ports and port terminals pursuant to Port Concessions. It operate 9 Port Concessions across India with an installed cargo handling capacity of 153.43 MTPA as well as operate two port terminals under OM agreements for a cargo handling capability of 41 MTPA in the UAE.The Company currently handle various types of cargo including dry bulk break bulk liquid bulk gases and containers. Some of the cargo it currently handle include thermal coal coking coal iron ore sugar urea steel products rock phosphate molasses gypsum barites laterites edible oil LNG LPG and containers. The diversification of cargo has enabled to develop capabilities and expertise in handling various types of bulk cargo including i liquid commodities such as edible oil and chemicals ii LNG and LPG following the commissioning of Indias first Floating Storage and Regasification Unitbased LNG terminal at our Jaigarh Port iii urea and other fertilizers at our Jaigarh Port and iv further expanding footprint in containers. In order to handle such diversified cargo the Company created cargospecific facilities such as a facility for LPG storage and neem coating facilities for urea. It also provide other valueadded services such as bagging services to urea importers and covered storage sheds for iron ore coal and agriculture commodities such as sugar to minimize loss during cargo handling operations in adverse conditions such as rains. Through its subsidiaries the Company got into concession agreements for the development operation maintenance and use of certain facilities for managing the ports and terminals at Jaigarh Paradip Mangalore and Ennore and has entered into lease and/ or license agreements for managing ports and terminals at Goa Dharamtar and Ennore.The Company has a diversified presence across India with NonMajor Ports located in Maharashtra and port terminals located at Major Ports across the industrial regions of Goa and Karnataka on the West Coast and Odisha and Tamil Nadu on the East Coast. The Port Concessions are strategically located in close proximity to Anchor Customers and are well connected to cargo origination and consumption points. In addition it benefit from strong evacuation infrastructure at ports and port terminals that comprises of multimodal evacuation techniques such as coastal movement through a dedicated fleet of minibulk carriers rail road network and conveyor systems.In June 2008 JSW Jaigarh Port Limited got into a concession agreement with Maharashtra Maritime Board MMB for common user multiport at Dhamankhol Bay Jaigarh Ratnagiri Maharashtra and received consent to operate for an all weather green field port facility at Jaigarh Port Maharashtra in 2010. In 2012 started operations by JSW Dharamtar Port Private Limited at Dharamtar jetty Maharashtra. On 13th November 2020 the Company acquired Chettinad Groups terminal business to develop operate buy or bid for any terminal or berth for handling coal and general cargo and assuming the related operations at Ennore Coal Terminal Private Limited Ennore Bulk Terminal Private Limited and Mangalore Coal Terminal Private Limited. The capacity of Dharamtar jetty facility in Dolvi Mahrashtra was enhanced from 9.69 to 34 metric tonne per annum with fully mechanized cargo handling system.As per the Scheme I of Amalgamation International Maritime Allied Services Limited Transferor Company was amalgamated into the Company on a going concern basis by The High Court of Bombay vide its order dated September 5 2014 which became effective from the Appointed date of the Scheme i.e. April 1 2014.As per the Scheme II of Amalgamation the entire business and undertaking of Sarvoday Advisory Services Private Limited JSW Infrastructure Fintrade PrivateLimited Nisarga Spaces Private Limited Avani Spaces Private Limited Dhamankhol Fintrade Private Limited Nalwa Fintrade Private Limited Vanity Fintrade Private Limited JSW Jaigarh Infrastructure Development Private Limited Transferor Companies got amalgamated into the Company vide its order dated November 4 2019 which became effective from the Appointed date of the Scheme i.e. April 1 2019. A Liquified Natural Gas terminal was commissioned in 2019 at Jaigarh Port Maharashtra in 2019.The Company acquired a a controlling stake in Ennore Coal Terminal Private Limited erstwhile Chettinad International Bulk Terminal Pvt Ltd in 2021. Paradip East Quay Coal Terminal Private Limited commenced commercial operations at Paradip port Odisha in 2021. In 2022 JSW Mangalore Container Terminal Private Limited commenced commercial operations at berth no. 14 at New Mangalore port Karnataka.The Company is proposing equity shares aggregating upto Rs 2800 crore by raising capital through fresh issue to the Public..

Share Price: ₹338.75 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹70,539.05Cr as of today
Revenue: ₹1,009.77Cr as on June 2024 (Q2 24)
Net Profit: ₹296.55Cr as on June 2024 (Q2 24)
Listing date: 03 Oct, 2023
Chairperson Name: Sajjan Jindal