Deal Details

• QIP of one of India’s leading integrated steel pipes manufacturer
• This is our second deal in the pipes space and fourth deal in the building materials space in the last 5 years

Contribution

• “Banker of Choice” having handled Highest Sole Mid size QIP deals* on the street
• Nuvama garnered participation from a diverse investor set including Marquee ‘Long Only’ FII, Mutual Fundsand Family Offices amongst others
• As Sole BRLM, Nuvama handheld the management through the entire QIP process, providing strategic guidance and regulatory support

About JTL Industries

JTL Industries is a manufacturer of structural steel tubes and pipes, with more than 33 years of experience in the steel tubes and pipes segment. Initially, the business was primarily focused on the production of ERW steel pipes, which has now been expanded to include value-added products such as galvanized steel tubes and pipes, metal beam crash barriers and solar mounting structures.