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The National Stock Exchange of India Limited facilitates the delisting offer for Jindal Photo Limited through its web-based bidding platform. The offer uses the reverse book building process for 2,646,183 equity shares at an offer price of Rs. 1,119.50 per share. Trading members of the Capital Market segment participate in the bidding process from November 2, 2026, to November 6, 2026. Bidding occurs between 9:15 a.m. and 3:30 p.m. daily, with custodial confirmation on the final day extended until 4:00 p.m. Members must use the designated web-based platform for all submissions.
What you must do
Key dates
Who is affected
Thresholds
Ask about this circular
| Department: Listing | |
|---|---|
| Download Ref No: NSE/CML/77148 | Date: October 29, 2026 |
| Circular Ref. No: 1944/2026 |
All Members
Delisting Offer under Tender Offer scheme by Jindal Photo Limited
Concatenate Power Advest Private Limited (Acquirer 1) and Concatenate Advest Advisory Private Limited (Acquirer 2) along with Jindal India Power Limited (PAC) have approached the Exchange for usage of web-based bidding platform for the upcoming delisting offer of Jindal Photo Limited. The offer shall be in accordance with the Tender Offer Scheme Exchange circular NSE/CMTR/52776 dated June 29, 2022. The details of the live session are as given below:
| Live Bidding Details | |
|---|---|
| Issue Period | 02-Nov-2026 to 06-Nov-2026 |
| Bidding Time and Custodial Confirmation | 9.15 a.m. to 3.30 p.m. |
| Custodial Confirmation on Issue Closure Day | 9.15 a.m. to 4.00 p.m. |
| Live URL for Members | https://eipo.nseindia.com |
| Security Parameters | Refer Annexure 1 |
All trading members of the Capital Market segment are eligible to participate in the Tender Offer facility. Trading members already using the web-based IPO bidding platform can use their existing user ids for login into the Tender Offer facility.
For members who do not have access to the system, Exchange has enabled the admin terminal. Members will have to log in to the admin terminal and create branches and users to participate in the bidding. The user id for login into the web-based IPO bidding platform would be Adminxxxxx (where xxxxx is the Member Code).
For and on behalf of
National Stock Exchange of India Limited
Meghna Chavan
Senior Manager
| Toll Free No | Email id |
|---|---|
| 1800-266-0050 (Option 1) | msm@nse.co.in |
| Security Symbol | JINDALPHOT |
|---|---|
| Series | DS |
| Issue Period | 02-Nov-2026 to 06-Nov-2026 |
| Company Name | Jindal Photo Limited |
| Acquirers Name | Concatenate Power Advest Private Limited (“Acquirer 1”) |
| Concatenate Advest Advisory Private Limited (“Acquirer 2”) | |
| Jindal India Power Limited (“PAC”) | |
| ISIN | INE796G01012 |
| Issue size | 26,46,183 Equity Shares |
| Face Value | Rs.10 |
| Offer type | Delisting |
| Issue type | Reverse Book building |
| Offer price | Rs.1119.50 |
| Tick Size | Re.0.01 |
| Lot size | 1 Equity share |
| Merchant Banker | Saffron Capital Advisors Private Limited |
| Registrar | MUFG Intime India Private Limited |
| Sr. No | Investor Category | Status code |
|---|---|---|
| 1 | Foreign Institutional Investors | FII |
| 2 | Mutual Funds | MF |
| 3 | Insurance Company | IC |
| 4 | Banks & Financial Institutions | FI |
| 5 | Other QIBs | OTH |
| 6 | Bodies Corporate | CO |
| 7 | Individuals | IND |
| 8 | Other – Non-Institutional Investors | NOH |
