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Expect JSW Cement's ₹4,000-crore IPO by early 2025: Sajjan Jindal
short by Mansi Agarwal / on Wednesday, 20 November, 2024
JSW Group Chairman Sajjan Jindal said the company's cement division plans to launch its ₹4,000-crore IPO by early 2025. The IPO was put on hold by SEBI in September. The market regulator is reportedly investigating an alleged regulatory violation. As per the draft papers, the IPO includes a fresh issue and an offer-for-sale portion worth ₹2,000 crore each.
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