Stories
JSW One Platforms Files for Rs 3,054 Crore IPO; Revenue Jumps 45% in One Year
- •JSW One Platforms has filed draft papers with SEBI for an IPO to raise up to Rs 3,054 crore.
- •The IPO includes a fresh issue of shares worth Rs 1,300 crore and an offer for sale of Rs 1,754.01 crore, with JSW Steel selling shares.
- •Proceeds from the IPO will be used to invest in JSW One Distribution Limited and JSW One Finance Limited.
- •JSW One Platforms operates a technology-based business platform for the manufacturing and construction sectors.
- •In FY2026, the company's revenue from operations increased by 44.93 percent to Rs 5,743.39 crore.
Key Questions Answered
JSW One Platforms has filed draft papers with SEBI to raise up to Rs 3,054 crore through an IPO. This public offering includes the issuance of new shares worth up to Rs 1,300 crore and an offer for sale of shares worth up to Rs 1,754.01 crore by existing backers including JSW Steel, JSW Cement, and Mitsui & Co.
The company plans to invest Rs 125 crore of the new issue proceeds into JSW One Distribution Limited for marketing and brand-building activities, and Rs 500 crore into JSW One Finance Limited to boost its capital. Additionally, up to Rs 350 crore will be allocated toward technology and platform development, with the remaining balance designated for general corporate purposes.
In FY2026, JSW One Platforms experienced a 44.93 percent surge in revenue from operations, reaching Rs 5,743.39 crore compared to Rs 3,962.81 crore in FY2025. Furthermore, the gross merchandise value grew to Rs 18,596.91 crore during the same fiscal year.
