JSW Energy Limited has fixed the price band as Rs 100-115. The IPO opens on Monday the 7th of December and closes on Wednesday the 9th of December. The issue is for a fixed amount of Rs 2700 crs to be raised from the issue. The issue size depending upon the final price would vary from 27 cr shares at the lower price band and 23.478 crs at the upper price band.

The company plans to have anchor investors in the IPO.

The IPO also talks of a discount to retail investors, which would be of a fixed amount of Rs 5 per share irrespective of the issue price.

The valuation of the company based on the lower price band is approximately Rs 16500 crs, while at the upper price band is about Rs 18500 crs.

This would be the fourth mega-power IPO since July 2009, after Adani Power, NHPC and Indiabulls Power.