Nuvama served as Sole BRLM for the QIP of JTL Industries Limited

Nuvama Wealth Management Limited acted as the sole book running lead manager to JTL Industries Limited, a major Indian a manufacturer of structural steel tubes and pipes, with over 33 years of experience in the steel tubes and pipes segment in its QIP.

Nuvama’s second deal in the pipes sector and fourth in building materials in five years.

Advised in the sale of

JTL Industries Limited

to

Qualified investors

Industrials

MidCap Alliance