The deal combines new shares and shares sold by existing investors, with the company's value expected to land between Rs 18,000 crore and Rs 20,000 crore. The funds will help the company build a new plant in Nagaur, Rajasthan, pay off some debt, and cover general business needs. Major investors like AP Asia Opportunistic Holdings and Synergy Metals plan to cash out part of their stakes too. JCW has a production capacity of 20 million tons and yearly revenue topping Rs 6,100 crore.