Jindal Power to come up with an IPO

Jindal Power Limited (JPL), a part of the O P Jindal Group, plans to hit the capital markets with an IPO of Equity Shares through 100% book building method. The company has filed Draft Red Herring Prospectus with SEBI

Jindal Power Ltd. is a subsidiary of Jindal Steel & Power Ltd. (JSPL) and part of the O P Jindal Group

The number of IPOs of Power companies is increasing with Power companies such as JSW Energy, IndiaBulls Power, Adani Power already completing their IPOs whereas other power companies such as Sterlite Energy are expected to approach the capital markets soon to raise funds for their projects.

Check back Indian IPO Blog for more details on Jindal Power IPO such as IPO Opening and Closing Dates, Issue Size, Price Band, Bid Lot and other details will be updated soon