New Delhi, June 22 -- JSW Infrastructure Ltd late on Monday launched a qualified institutional placement (QIP), along with a concurrent offer for sale by its promoter, to raise up to Rs.7,503 crore (around $794 million), according to a term sheet and placement document reviewed by Mint.

The share offering consists of a total of up to 263.25 million shares, including a fresh issue of 230 million shares under the QIP for a total of Rs.6,555 crore and an offer for sale of up to 33.25 million shares worth Rs.948 crore by the promoter Sajjan Jindal Family Trust, the document showed.

The company has set an indicative issue price of Rs.285 per equity share, representing a 7.2% discount to the closing price of Rs.307.05 on the National Stock Ex...