JSW Energy Limited

JSW Energy Limited, a part of Sajjan Jindal led JSW Group has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, Maharashtra at Mumbai, for an initial public offering (IPO) of equity shares of Rs10 each for cash at a price to be decided through a 100% book-building process and aggregating up to Rs27bn.
The Issue will open on December 7, 2009 and close on December 9, 2009. The Issue has been graded by CARE as CARE IPO Grade 4 indicating above average fundamentals.