Rajani Associates acts on Jindal Supreme ₹124 crore IPO

Jindal Supreme (India) Limited has raised ₹124.88 crore from an initial public offering of equity shares.

Rajani Associates advised Jindal Supreme as well as the book running lead manager Sarthi Capital Advisors Private Limited on this IPO. The Firm's scope of work included conducting legal diligence; preparing and finalizing the legal chapters and SEBI replies thereto; and assisting Jindal Supreme and Sarthi in the IPO.

The transaction was led by Sangeeta Lakhi (Senior Partner), with assistance from Associates Shubh Poddar, Sudhanshu Kulkarni and Ria Rastogi.

Jindal Supreme manufactures and supplies a diversified range of steel pipes, tubes, and hollow sections catering to infrastructure, industrial, and public utility sectors.

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