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Jay Bharat Maruti to raise Rs 150 crore through various ways

17 Jul 2019 Evaluate

Jay Bharat Maruti has received approval to raise funds not exceeding Rs 150 crore through issuance of securities through various options / instruments etc. through Further Public Offering/private placement basis/ Qualified institutional Placement (OJP) etc. The Board of Directors of the Company at its meeting held on July 16, 2019 has approved the same.

Jay Bharat Maruti is engaged in manufacturing of sheet metal components, welded assemblies, exhaust systems, fuel fillers (fuel pipe), chassis and suspension parts, and components for automobiles.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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