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Jubilant Ingrevia raises Rs 100 crore through commercial papers

12 Dec 2024 Evaluate

Jubilant Ingrevia has raised Rs 100 crore through Commercial Papers (CPs).  The maturity of the said Commercial Papers will be on February 24, 2025. Tenure of the instrument is 75 days. The Finance Committee, at its meeting held on October 23, 2024 approved issuance of Commercial Papers up to an amount of Rs 600 crore outstanding at any point of time, in one or more tranches.

The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs 200 crore.

Jubilant Ingrevia, a global integrated Life Science products and Innovative Solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers.

Peers
Company Name CMP
Godrej Industries 1099.35
SRF 2534.10
BASF India 3572.95
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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