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JSW Steel raises Rs 1000 crore through NCDs

03 May 2021 Evaluate

JSW Steel has raised Rs 1000 crore through rated, listed, secured, redeemable, nonconvertible debentures (NCDs) and allotted 10,000 NCDs having face value of Rs 10,00,000 on private placement, at par to the investors identified by the committee of the board of directors at its meeting held on April 30, 2021.

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 1232.35
Tata Steel 178.00
Steel Authority 175.80
Jindal Stainless 742.00
APL Apollo Tubes 2096.95
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