JSW Infrastructure’s forthcoming public offering marks a significant milestone as the first public listing from the JSW Group in nearly 13 years. JSW Infrastructure had filed the draft red herring prospectus for its initial public offering with Sebi in May 2023. The IPO, consisting entirely of fresh shares, will serve as a means to partially retire existing debt obligations and fund future expansion projects. It will be the third company of the JSW Group to be listed through the IPO route after JSW Steel and JSW Energy.
DMart’s future lies in network expansion and FMCG focus, says Jignanshu Gor
Bernstein India’s Jignanshu Gor believes DMart’s growth is returning, driven by improved consumption demand and network expansion. Despite facing competition from quick commerce, DMart maintains