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Gontermann-Peipers India Ltd (GPIL) - Cayman Island-based fund to be the new owner of steel rolls maker Gontermann-Peipers (India) Ltd

Not much is known about the new owner which participated in the second auction for GPIL and left other bidders, including Sajjan Jindal’s JSW Group, behind by a long shot

Germany , Dubai , Dubayy , United-arab-emirates , Calcutta , West-bengal , India , Germans , Rahul-roy-choudhuri , Justicev-ramasubramanian , Justice-pankaj-mithal , Raj-singhania

JSW Steel - Jindal in the fray to acquire insolvent Gontermann-Peipers

Also in contention is Snaefell Heights LLP, a firm linked to city-based realtor Srijan Group, which had bid the highest in Round 2

India , Calcutta , West-bengal , Rahul-roy-chowdhury , Monnet-ispat , Sucharita-basu , Seshagiri-rao , Vinod-mittal , Sajjan-jindal , Ispat-industries , Ispat-group , Bengal-council