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JSW One eyes IPO in 18-24 months, targets break-even this fiscal

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JSW One Platforms, the business-to-business (B2B) ecommerce arm of the steel-to-cement conglomerate JSW Group, plans to go public in 18-24 months, joining peers like Zetwerk, Infra Market and OfBusiness in preparing for an initial public offering (IPO).

“We will be breaking even this year, and active appointments with investment bankers will begin from the next financial year,” Gaurav Sachdeva, chief executive of JSW One, told ET in an interview.

“We don’t need large-scale capital today. This year is about building scale and planning for the…

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