JSW One Platforms Ltd. IPO Details
JSW One Platforms was incorporated on September 20, 2018. The company is a fast-growing B2B commerce player in India, connecting customers with suppliers, service centres, financing partners and logistics providers through a unified technology platform. Its integrated platform simplifies sourcing and procurement by offering material discovery, transparent pricing, customisation, financing, quality assurance and end-to-end fulfilment for the manufacturing and construction sectors
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹30,540.1 M | DRHP DOC |
JSW One Platforms issue details
JSW One Platforms IPO issue size is ₹ 30,540.1 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
JSW One Platforms IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
JSW One Platforms NUMBER OF SHARES ON OFFER
JSW One Platforms FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY27 | 1,642.5 | 14.2 | -115.2 | -115.9 | 1.4% |
| FY26 | 5,743.4 | -106.5 | -244.7 | -245.3 | -1.2% |
| FY25 | 3,962.8 | -217.0 | -168.1 | -170.1 | -4.9% |
| FY24 | 1,397.9 | -227.0 | -195.4 | -200.4 | -15.2% |
JSW One Platforms INFORMATION ON IPO ISSUE
About JSW One Platforms
JSW One Platforms was incorporated on September 20, 2018. The company is a fast-growing B2B commerce player in India, connecting customers with suppliers, service centres, financing partners and logistics providers through a unified technology platform. Its integrated platform simplifies sourcing and procurement by offering material discovery, transparent pricing, customisation, financing, quality assurance and end-to-end fulfilment for the manufacturing and construction sectors
Object of the Issue
- Investment in JSW One Distribution Limited (“JODL”), being one of its mterial subsidiaries, for funding its marketing and brand-building expenditure
- Funding their 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
JSW One Platforms - PROMOTERS
| Name |
|---|
| JSW Steel Limited |
| JSW Cement Limited |
JSW One Platforms - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Parth Jindal | Chairman & Non-Executive Director |
| Gaurav Sachdeva | Joint Managing Director & CEO |
| Nilesh Narwekar | Non-Executive Nominee Director |
| Geeta Mathur | Independent Director |
| Ranjan Ramdas Pai | Independent Director |
| Vinay Shroff | Non-Executive Nominee Director |
| Aparna Popat Ved | Independent Director |
| Prabhjeet Singh | Independent Director |
JSW One Platforms Book Running Lead Manager
JM Financial Limited
jswone.ipo@jmfl.com
Kotak Mahindra Capital Company Limited
jswone.ipo@kotak.com
ICICI Securities Limited
jswone.ipo@icicisecurities.com
SBI Capital Markets Limited
jswone.ipo@sbicaps.com
PL Capital Markets Private Limited
jswoneipo@plindia.com
JSW One Platforms Registrar to the Offer
KFin Technologies Limited
jswone.ipo@kfintech.com
JSW One Platforms Strengths
Integrated B2B platform
The company operates a unified technology-enabled platform serving manufacturing and construction MSMEs through a single customer interface, integrated financing, shared data and fulfilment infrastructure across the order-to-delivery journey. With customers across 26 states and Union Territories and 6,963 serviceable pin codes as of June 30, 2026, its integrated ecosystem enables customised procurement, flexible order sizes, embedded credit and consolidated purchasing
Scalable technology platform
The company has built a cloud-native, API-first technology platform combining SaaS solutions, digital catalogues and custom microservices to support faster deployment, cost efficiency and real-time data visibility. Its technology stack is structured around demand, supply and financing engines covering customer acquisition, fulfilment, customer experience, credit and risk management
Pan-India presence
The company has a pan-India marketplace serving 6,963 cumulative serviceable pin codes, supported by contract service centres, manufacturers and integrated logistics through JOTS and third-party partners. Its private brands are distributed across 16 states and 414 districts, while transaction data strengthens pricing, assortment, credit decisions, seller participation and repeat customer engagement
JSW One Platforms Risks
Competition
The company operates in a competitive and fragmented B2B industrial procurement market, facing competition from offline distributors, marketplaces, integrated platforms, manufacturers, logistics providers and financing-led platforms. Competitors with greater financial and technological resources, stronger brands or more favourable pricing and credit terms may increase pricing pressure, reduce margins and result in loss of customers or market share
Quality & liability risk
The company faces product quality and liability risks across products sold through its marketplace, processed through contract service centres and manufactured under private brands. Defects, quality failures or misrepresentations by third-party sellers, or issues with technical assistance and product recommendations, may lead to customer complaints, claims, returns, reputational damage and adverse effects on the company’s business and financial performance
Customer retention risks
The company depends on effective marketing and brand-building initiatives to increase brand visibility, attract and retain customers and drive repeat purchases, including planned investment of Rs 125 crore in JODL for private-brand marketing. If these initiatives do not generate expected returns or require higher spending, the company may face weaker brand awareness, customer retention and financial performance
IPO FAQs
The promoters of the company are JSW Steel Limited and JSW Cement Limited.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.