"We will raise Rs 10 billion by equity sale next month," Jindal told PTI.
He also said there is a plan to raise another Rs 15 billion- 20 billion in just four months by listing Oman operations on foreign exchanges.
A source privy to the development said: "The company is evaluating options of listing in London, Dubai or Muscat".
Jindal also said that JSPL is regularly servicing all its debt commitments and the company's all plants are working in full swing. By May, "our overall capacity will be 11 million tonnes per annum".
The domestic capacity, he said, will reach 9 MT by March-end and "Angul will reach its full capacity by May, India will be number 2 position in the world in steel making. I am sure other people will also increase their capacity. I feel by May, India will definitely be number 2 (by then)".
The company has a 2 MTPA integrated steel plant at Sohar, Oman where it had recently commissioned a 1.5 MTPA Bar Mill. It had also launched Jindal Panther TMT Rebar brand in the middle east markets. JSPL had acquired Shadeed Iron and Steel in 2010.
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