JSW Infrastructure has launched a qualified institutional placement (QIP) to raise up to Rs 7,503 crore, marking one of the largest equity fundraising exercises in the infrastructure sector this year. The offering includes a fresh issue of shares worth approximately Rs 6,555 crore and an offer for sale of shares worth about Rs 948 crore by the promoter group.

The company has set an indicative issue price of Rs 285 per share, representing a discount of around 7.2 percent to its June 22 closing price of about Rs 307 per share on the NSE. The pricing is also below the regulatory floor price of Rs 290.35 per share, aimed at attracting strong participation from institutional investors.

According to the placement documents, the proceeds from the fresh issue will be utilized to support ongoing capital expenditure plans, fund expansion projects through subsidiaries, repay or prepay outstanding borrowings, pursue strategic investments and acquisitions, and meet general corporate requirements. Funds raised through the promoter stake sale will not accrue to the company.

The fundraising initiative comes as JSW Infrastructure continues to expand its port and logistics footprint and strengthen its balance sheet. The company had earlier secured board approval for a significant equity issuance as part of its long-term growth strategy and efforts to maintain compliance with public shareholding requirements.

Following the QIP launch, JSW Infrastructure shares gained around 2 percent in intraday trade, reflecting positive investor sentiment toward the company's growth plans and capital-raising strategy.