JSW Cement, a subsidiary of the JSW Group, is gearing up to launch its IPO, aiming to raise ₹1,600 crore via fresh equity issuance and ₹2,000 crore through an offer for sale (OFS). The proceeds will be used to fund a new manufacturing unit in Rajasthan and reduce existing debt. Following the IPO, the promoter’s stake in the company will see a decline.
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