Jupiter Wagons' subsidiary secures ₹215 crore LOI for Vande Bharat wheelsets
The receipt of a ₹215 crore order for Vande Bharat train wheelsets is a substantial new business win that will significantly contribute to the company's revenue and strengthen its position in the railway sector.
The company's subsidiary secured a significant Letter of Intent worth approximately ₹215 crores for the supply of wheelsets for Vande Bharat Trains, indicating strong business growth and order book.
* Jupiter Wagons Limited's material unlisted subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, has received a Letter of Intent (LOI) dated 19th August 2025. * The LOI is for the supply of a total of 5,376 wheelsets for the Vande Bharat Train. * The approximate order value for this supply is ₹215 crores.
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Jupiter Wagons Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Jupiter Wagons Limited. Read the original for the full detail.