JSW One Platforms Eyes ₹3,054 Crore IPO, Fresh Issue Of ₹1,300 Crore Planned
New Delhi: JSW One Platforms Ltd, a technology-enabled business-to-business platform catering to manufacturing and construction sectors, has filed draft papers with market regulator SEBI to raise up to ₹3,054 crore through an initial public offering (IPO). Fresh Issue And OFS According to the draft red herring prospectus (DRHP), the IPO comprises a fresh issue of equity shares worth up to ₹1,300…
JSW One Platforms Ltd, a business-to-business technology platform serving manufacturing and construction sectors, has filed draft papers with SEBI for an IPO potentially raising up to ₹3,054 crore. The IPO includes a fresh equity share issue of ₹1,300 crore and an Offer for Sale (OFS) of up to ₹1,754.01 crore. Existing shareholders JSW Steel Ltd, JSW Cement Ltd, and Mitsui & Co Ltd will sell shares through the OFS.
The IPO funds will be allocated to marketing and branding for JSW One Distribution Ltd, strengthening JSW One Finance Ltd's capital base, technology development, and general corporate uses. JSW One Platforms currently connects 95,611 customers to sellers of materials, with 1,713 sellers and 165 brands operating in 6,963 serviceable regions.
The platform reported a 44.93% increase in revenue for the fiscal year 2026 compared to 2025, with revenue from operations rising to ₹5,743.39 crore from ₹3,962.81 crore.
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