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JSW Cement IPO in 2021 should mop up Rs 3,500 crore: Parth Jindal

Parth Jindal is also preparing for a retail launch of its paints business'

Parth Jindal
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Parth Jindal

Amritha Pillay Mumbai
JSW Cement is busy chalking out plans to add another 8 million tonne in time for its initial public offering planned for 2021. Not just cement, Parth Jindal, managing director for JSW Cement is also preparing for a retail launch of its paints business in April and have a turnaround for Delhi Capitals, the Indian Premier League team for Delhi. In an interview with Amritha Pillay, Jindal shares more details:

What is the timeline for the planned IPO for the cement business?

It should be the first half of calendar year 2021. We plan to dilute 15 per cent stake