Why should you subscribe to JSW Energy IPO

Posted by admin in Alerts, Articles, Featured Articles on Dec 7th, 2009 | no responses

JSW Enery IPO Quick Details

Why should you Invest?

Firstly because of the sector. Power has never been lacking in demand in India. India has always been a power deficit country and power producing private companies will see good growth opportunities in long term.
JSW group has good track record of executing power projects. Company has plans to become an integrated player with presence in power trading, generation, transmission and mining.
JSW Energy has good expansion plans. It has plans to increase its power generating capacity in excess of 11,000 MW by 2015. This presents a good oppurtunity for patient long term investors.
JSW Energy is currently operating with good profits and showing consistent y-o-y growth. The growth is expected to continue well into the future as India is expected to continue its growth path. Without power the growth story of India will nit be complete. Hence great oppurtunities.
Company has a CARE rating of 4/5, which shows good fundamentals.
CAUTION: Keeping the recent failure of some of power IPOs like Adani and NHPC to give listing day gains, Please do not expect any short term agains from this IPO either. This is a good recommendation for patient long term invester who can wait from 2 to 4 years. The investment that is made by the company will impact balace sheets after a couple of years.