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Infrastructure

JSW Cement charts path to 2021 IPO

Updated : February 20, 2019 05:24 PM IST

JSW Cement currently has a debt of Rs 2,400 crore at a leverage ratio of 5x, and is looking to fund this year’s expansion through internal accruals.
After raising a further Rs 3,500 crore through an initial public offering (IPO) in FY21, it will look at entering the north and central markets.
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