JSW Cement gets Sebi's go ahead to garner Rs 4,000-crore via IPO

JSW Cement received SEBI's approval for its Rs 4,000 crore IPO, with Rs 2,000 crore from a fresh issue and Rs 2,000 crore from investor shareholders' offers. Proceeds will fund a new cement unit, debt repayment, and corporate purposes. The company's FY24 revenue was Rs 6,028.10 crore, with a profit of Rs 62 crore.

Jan 13, 2025 - 20:30
JSW Cement gets Sebi's go ahead to garner Rs 4,000-crore via IPO

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JSW Cement received SEBI's approval for its Rs 4,000 crore IPO, with Rs 2,000 crore from a fresh issue and Rs 2,000 crore from investor shareholders' offers. Proceeds will fund a new cement unit, debt repayment, and corporate purposes. The company's FY24 revenue was Rs 6,028.10 crore, with a profit of Rs 62 crore.
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