Absolute Projects and Jindal Supreme Receive Sebi Approval to Launch IPOs
Absolute Projects (India) Ltd and Jindal Supreme (India) Ltd have received approval from the Securities and Exchange Board of India (Sebi) to launch their initial public offerings (IPOs). Absolute Projects plans a fresh issue of 2 crore equity shares to fund manufacturing facility upgrades and equipment procurement for power EPC projects. Jindal Supreme's IPO includes a fresh issue of 1.07 crore shares and an offer-for-sale of 26.87 lakh shares, with fresh funds aimed at debt repayment. Both companies will list on the BSE and NSE.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 43/100.
Outlets measured: businessstandard, economictimes, news18. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
news18 broke this story on 20 Jul, 10:47 am. Other outlets followed.