JSW Energy To Raise ₹4,000 Crore Via QIP, Say Sources; Issue Price At ₹525-527 | CNBC TV18

Added: 2026-05-26

[00:00:00]Well, JSW Energy QIP is this the news and Vivek is here with details. Vivek, morning. Well, good morning. You know, the fundraising spree across JSW Energy continues. A couple of days ago, they sold close to 3,150 crore worth of stake in JSW Steel. Uh now today, you know, they've gone ahead and launched a QIP to raise another 4,000 crore rupees. Indicative issue price at a marginal discount to yesterday's close at 525 rupees a share. 2. When you're looking at the equity dilution is up little over 4% of the post-issue outstanding equity capital. Interesting to see what the proceeds will be. If you assume that these proceeds are will be used for debt reduction, then that meaningfully reduces the debt and will help net debt to equity go ahead and stay below the guided 5.5 times net debt to EBITDA.

[00:00:45]Thank you.

[00:00:46]Thank you very much for that. Just