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JSW Steel raises Rs 4000 crore through NCDs

12 Oct 2020 Evaluate

JSW Steel has raised Rs 4000 crore through rated, listed, secured, redeemable, non-convertible debentures (NCDs) and allotted 40,000 NCDs bearing a face value of Rs 10,00,000 each on private placement at par to the investors identified by the committee of the Board of Directors at its meeting held on October 12, 2020.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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