Jindal Power Ipo

Jindal Power IPO likely in 3-4 months to raise Rs 7200 cr

The much awaited initial public offer (IPO) is likely to roll out in the next three to four months, said Sushil K Maroo, Director and Group CFO of Jindal Steel & Power (JSPL). The IPO is targeting to raise Rs 7200 crore.

Private players spin off power units to garner funding

Jindal Power has announced its intention to float an initial public offering (IPO) this April. A move that should have been expected, for it fits in with the emerging trend among private players who have been redoubling their efforts on scaling up their power sector businesses.

Jindal Power looks to raise Rs 7,000 cr via IPO

Jindal Power (JPL) is looking to mop up Rs 7,000 crore with its initial public offering (IPO) which is set to hit the market by April this year.