Jindal Power files DRHP for IPO

Jindal Power Limited has filed its DRHP with SEBI to raise Rs 7200 crs from its IPO. Jindal Power Limited is a subsidiary of listed entity Jindal Steel and Power Limited. The company is in the power generation business and has its units located in Chhattisgarh.

The merchant bankers to the issue include JM Financial, Enam, Deutsche, Goldman Sachs, ICICI Securities, UBS, SBI Capital Markets Limited and Motilal Oswal.

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