JSW One Platforms Files DRHP With SEBI for ₹3,054 Crore IPO

29 September 2026
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JSW One Platforms Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on September 24, 2026, for its proposed Initial Public Offering (IPO).

According to the DRHP, the ₹3,054.00 crore IPO comprises a fresh issue of equity shares aggregating up to ₹1,300.00 crore and an offer for sale (OFS) of up to ₹1,754.00 crore by its existing shareholders.

JSW One Platforms IPO - Issue Details

  • Issue Type: Book-built Issue (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹3,054.00 crore 
  • Fresh Issue: Up to ₹1,300.00 crore 
  • Offer for Sale (OFS): Up to ₹1,754.00 crore
  • Face Value: ₹10 per equity share
  • Listing: BSE, NSE
  • Book Building Lead Managers: JM Financial Limited, Kotak Mahindra Capital Company Limited, ICICI Securities Limited, SBI Capital Markets Limited, PL Capital Markets Private Limited
  • Registrar: KFin Technologies Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of JSW One Platforms IPO Proceeds

The Company proposes to use the net proceeds from the fresh issue towards

  • Investment in JSW One Distribution Limited (“JODL”), being one of its material subsidiaries, for funding its marketing and brand-building expenditure
  • Funding the company’s technology and platform development expenditure
  • Investment in JSW One Finance Limited (“JOFL”), being one of its material subsidiaries, for augmenting its capital base to meet its future capital requirements arising out of the growth of JOFL’s business
  • General corporate purposes.

About JSW One Platforms Limited

JSW One Platforms Limited is a B2B commerce platform in India that connects customers with suppliers of manufacturing and construction products, contract service centres, manufacturers, financing partners and logistics providers. Its technology-enabled platform simplifies the sourcing and procurement of materials such as steel and related products, cement and other construction materials by bringing discovery, pricing, customisation, financing, logistics and fulfilment onto a single platform.

The platform offers an integrated solution covering the transaction lifecycle from product discovery and price comparison to ordering, processing, logistics, payment, credit and post-purchase support. Its value-added services include material processing and customisation through contract service centres, private-label products and integrated logistics through JSW One Transportation Services (JOTS).

Key Financial Information

Particulars 

FY26 

(in ₹ Cr.)

FY25 

(in ₹ Cr.)

FY24 

(in ₹ Cr.)

Revenue from Operations

5,743.39 

3,962.81 

1,397.93

Profit After Tax (PAT)

(106.49) 

(217.02)

(227.02)

EBITDA

(66.94)

(192.816) 

(212.72)

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory. 

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