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JSW Steel raises Rs 1500 crore through NCDs

29 Mar 2023 Evaluate

JSW Steel has raised Rs 1500 crore through unsecured, listed, Rated, redeemable, non-convertible debentures (NCDs) bearing a face value of Rs 1,00,000 each. The Finance Committee of the Board of Directors of the Issuer at its meeting held on i.e. March 29, 2023 has approved the same.

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 1238.30
Tata Steel 177.75
Steel Authority 173.95
Jindal Stainless 736.25
APL Apollo Tubes 2075.90
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