[ JSW Steel Group Subsidiary JSW One Platforms Files DRHP for IPO ]

Published: Sep 25, 2026 14:48 (GMT+8)

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JSW Steel Group announced that its tech and steel distribution subsidiary, JSW One Platforms Limited, filed its Draft Red Herring Prospectus (DRHP) with SEBI on September 24, 2026, for an Initial Public Offering (IPO). JSW Steel maintained its consolidated net debt to EBITDA ratio at 1.46x as of mid-2026, supporting its planned ₹1.3 lakh crore ($15.5 billion) domestic steel capacity expansion program across Indian manufacturing hubs.

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