JSW Infrastructure Limited IPO Details

JSW Infrastructure is a fast growing port-related infrastructure company in terms of growth in installed cargo handling capacity and cargo volumes handled during fiscal 2021 to fiscal 2023, and the second largest commercial port operator in India in terms of cargo handling capacity in fiscal 2023. JSW Infrastructure provides maritime-related services including, cargo handling, storage solutions, logistics services and other value-added services to our customers, and are evolving into an end-to-end logistics solutions provider.

The port-related infrastructure company is in the business of developing and operating ports and port terminals pursuant to port concessions. The company’s ports and port terminals typically have long concession periods ranging between 30 to 50 years, providing us with long-term visibility of revenue streams.

The company operates nine port concessions in India with an installed cargo handling capacity of 158.43 MTPA as of June 30, 2023. The company’s installed cargo handling capacity in India grew at a CAGR of 15.27% from 119.23 MTPA as on March 31, 2021 to 158.43 MTPA as on March 31, 2023. During the same period, its cargo volumes handled in India grew at a CAGR of 42.76% from 45.55 MMT to 92.83 MMT. In addition to their operations in India, JSW Infrastructure operates two port terminals under O&M agreements for a cargo handling capability of 41 MTPA in the UAE as on June 30, 2023.

JSW Infrastructure has a diversified presence across India with non-major 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 company further said that their ports are well connected to cargo origination and consumption points, enabling them to serve the industrial hinterlands of Maharashtra, Goa, Karnataka, Tamil Nadu, Andhra Pradesh and Telangana. In addition, the strategic location also helps the company to serve the mineral rich belts of Chhattisgarh, Jharkhand and Odisha, making their ports a preferred option for our customers.

Further, the company also benefits from strong evacuation infrastructure at their ports and port terminals that comprises of multi-modal evacuation techniques, such as coastal movement through a dedicated fleet of mini-bulk carriers, rail, road network and conveyor systems.