Jindal Supreme (India) Ltd - IPO

Jindal Supreme (India) Ltd IPO Details

Initial public offering of up to 1,34,28,000 equity shares of face value of Rs. 10.00 each (equity shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. [*] crores (the offer) comprising a fresh issue of up to 1,07,41,149 equity shares of face value of Rs. 10.00 each aggregating up to Rs. [*] crores by the company (the fresh issue) and an offer for sale of up to 26,86,851 equity shares of face value of Rs. 10.00 each aggregating up to Rs. [*] crores by VVJ Enterprise Private Limited (previously known as J J Jindal Infin Private Limited), (the selling shareholder) (the offer for sale). The offer would constitute 26.32% of the post-offer paid-up equity share capital of the company.The face value of the equity shares is Rs.10.00 each and the offer price is [*] times the face value of the equity shares. The price band and minimum bid lot will be decided by the company.

Objective of issue

Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by its Company. General Corporate Purpose.

Jindal Supreme (India) Ltd Contact Details

Jindal Supreme (India) Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - janaksteel@gmail.com

Website - www.jindalsupreme.com