“This takes me back to when I listed Jindal Group’s first company ever,” Jindal said at the listing ceremony on Thursday (August 14).
“It was in 1986, when I went to my dad saying that for growth we need to list, but he didn’t agree. My brothers and I convinced him and started riding this tiger. And now Parth is riding the tiger.”
Jindal said he tells his son, “there is no looking back now”, and urged him to be aggressive with growth.
He also credited the family for their support in Parth’s journey. “Sangeeta (mom) and Anushree (Parth’s wife) have been the real support here for Parth. We are not an easy family to live with,” he remarked.
At the ceremony, Parth Jindal quipped that to keep living with his father, he must steer JSW Cement into the top two in the industry.
The shares of JSW Cement made a debut on the bourses on Thursday at a premium of 4.42% on NSE. Following the listing, the company’s market capitalisation has exceeded ₹20,000 crore. The company plans to double its capacity from 20 million tonnes to 40 million tonnes by the end of the decade.
Also Read: Samhi Hotels expects mid-teens revenue growth in FY26 on strong demand
