JSW Infrastructure Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

The Company is the fastest growing port-related infrastructure company.

Here’s the consolidated financial information for the last three years:

• Fastest growing port-related infrastructure and second largest commercial port operator in India;
• Strategically located assets at close proximity to JSW Group Customers (Related Parties) and industrial clusters supported by a multi-modal evacuation infrastructure;
• Predictable revenues driven by long-term concessions, committed long-term cargo and stable tariffs;
• Diversified operations in terms of cargo profile, geography and assets;
• Demonstrated project development, execution and operational capabilities;

• The company relies on concession and license agreements from government and quasi-governmental organizations to operate and grow its business. The company have several obligations under these agreements and a breach of the terms could lead to termination, which could materially adversely affect its business, results of operations, financial condition and cash flows.
• A substantial portion of the volume of cargo handled by the company is dependent on a few types of cargo and a significant reduction in, or the elimination of such cargo could adversely affect its profitability.
• The Company and certain of its Subsidiaries have incurred losses in the past.
• The environmental clearance for capacity enhancement issued to its Subsidiary, South West Port Limited has been challenged before the National Green Tribunal and is subject to the outcome of certain other litigations. Any adverse outcome in these litigations may have an adverse effect on its business, financial condition, results of operations and cash flows.
• Adverse change in credit ratings assigned to it may affect the company ability to raise funds for future capital requirements.

• Continue to pursue greenfield and brownfield expansions with a focus on Non-Major Ports.
• Pursue acquisition opportunities in similar businesses.
• Pursue opportunities in synergistic businesses to increase revenue diversification.
• Increasing our third-party customer base.
• Diversification of cargo mix.