As of 1 April 2025, the business reported an order book of ₹71,650 Crore.
Kapil Sharma has been named executive director and chief financial officer for a five-year term.
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The IPO comprises of a total offer size of upto INR 122.3 cr. It combines an offer for sale of INR 97.9 cr and a fresh issue of INR 24.4 cr.
On the financial results front, Shriram Finance reported a net profit of ₹2,159.4 crore for Q1, marking a 6.3% increase year-on-year.
The SEBI order also stated several non-compliances by the company related to loans and advances.
The company also stated that this project will strengthen Haryana’s power supply for households, industries, and agriculture.
The company operates across more than 120 countries, with a strong focus on renewable energy, engineering goods, and consumer-appliance logistics.
Naveen Jindal, Chairman of Jindal Steel, called the commissioning a “proud moment” for both the company and the country.
As per the notice issued the company will show cause within 30 days as to why GST of ₹96.58 Crore should not be demanded.
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