Jesons Industries has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 800-900 crore through an initial public offering (IPO). The shares of the company are proposed to be listed on NSE and BSE.
Proceeds from the fresh issuance of shares will be used to the extent of Rs 90 crore to repay/ prepay in full or part of borrowings, availed by its subsidiary besides general corporate purposes. Axis Capital and JM Financial are the books running lead managers to the issue.
Jesons Industries is one of the leading manufacturers of specialty coating emulsions (SCE) and water-based pressure-sensitive adhesives (PSA) in tape and label segments. Its products are used in various end-user industries, such as paints, packaging, and chemicals for construction, textiles, leather, carpet, and paper.
| Company Name | CMP |
|---|---|
| BASF India | 3801.25 |
| Tata Chemicals | 816.60 |
| SRF | 2719.40 |
| Pidilite Inds. | 1421.60 |
| Deepak Nitrite | 1821.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: