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JSW Cement Ltd.

JSW Cement Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹147
₹147
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹147
Based on GMP
Min. Investment
₹14,994
1 lot × 102 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Aug 2025
Close Date
11 Aug 2025
Allotment
12 Aug 2025
Listing Date
14 Aug 2025
Exchange
NSE & BSE
Price Band
₹147
Listing Price
See chart
Allotment Status
Price Band
₹147
Per share
Face Value
₹10 per share
 
Lot Size
102 Shares
per lot
Issue Size
24,48,97,958 shares (aggregating up to ₹3,600.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,994
1 lot
Pre-IPO Holding
1,25,45,21,399 shares
Promoters
Post-IPO Holding
1,36,33,64,936 shares
Promoters
P/E (Pre)
-112.61x
 
P/E (Post)
-122.38x
 
EPS (Pre)
₹-1.31
 
EPS (Post)
₹-1.20
 
UPI Deadline
2025-08-11
Mandate
Anchor AllotmentWed, 06 Aug 2025
Basis of AllotmentTue, 12 Aug 2025
Refund InitiationWed, 13 Aug 2025
Demat CreditWed, 13 Aug 2025
Listing DayThu, 14 Aug 2025
UPI Mandate Deadline2025-08-11
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares10,88,43,537 shares (aggregating up to ₹1,600.00 Cr)
Offer for Sale13,60,54,421 shares of ₹10 (aggregating up to ₹2,000.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
JSW Cement Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Aug 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
244,897,958
100% ₹3,600.00
IPO Shares Offered
JSW Cement Ltd. IPO total issue size: ₹3,600.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 244,897,958 ₹3,600.00
100.00%
* Based on upper price band ₹147 per share
Lot Size & Investment
Lot Size
102
Shares per Lot
Issue Price
₹147.00
Upper Band
Min Investment
₹14,994
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2204₹29,988
Retail (Max — 13 Lots)131,326₹194,922
S-HNI (Min — 14 Lots)141,428₹209,916
B-HNI (Min — 68 Lots)686,936₹1,019,592
* Issue Price ₹147 × Lot Size 102 shares
IPO Schedule
Anchor
06 Aug 2025
✓ Done
IPO Open
07 Aug 2025
✓ Done
IPO Close
11 Aug 2025
✓ Done
Allotment
12 Aug 2025
✓ Done
Refunds
13 Aug 2025
✓ Done
Demat Credit
13 Aug 2025
✓ Done
Listing Day
14 Aug 2025
✓ Done
JSW Cement Ltd. — Live Price LIVE
₹147.00
INR · BSE
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Issue ₹147.00 Live Price
About JSW Cement Ltd.
Incorporated in 2006, JSW Cement Limited is a manufacturer of green cement in India. As part of the JSW Group, the company is committed to sustainability and innovation in the cement industry.The company operated seven plants across the country, including one integrated unit, one clinker unit, and five grinding units located in Andhra Pradesh (Nandyal plant), Karnataka (Vijayanagar plant), Tamil Nadu (Salem plant), Maharashtra (Dolvi plant), West Bengal (Salboni plant), and Odisha (Jajpur plant and the majority-owned Shiva Cement Limited clinker unit).As of March 31, 2025, JSW Cement Limited had an installed grinding capacity of 20.60 MMTPA, comprising 11.00 MMTPA in the southern region, 4.50 MMTPA in the western region, and 5.10 MMTPA in the eastern region of India.Product Portfolio:Cement: Blended Cement and Ordinary Portland CementGround Granulated Blast Furnace Slag: GGBS is commonly used in blended cement products such as PSC and PCC and as a replacement material for OPC in concrete production.Clinker: Clinker is manufactured by burning limestone and clay together at a high temperatureAllied Cementitious Products: RMC, Screened Slag, Construction ChemicalsJSW Cement Limited distributes its products through a well-connected network. As of March 31, 2025, the company had a distribution network comprising 4,653 dealers, 8,844 sub-dealers, and 158 warehouses.Competitive Strengths:The company is the fastest growing cement manufacturing company in India in terms of increase in installed grinding capacity and sales volume.The company is India’s largest manufacturer of GGBS and has a proven track record of scaling up this business.Strategically located plants well-connected to raw material sources and key consumption markets.The company has lowest carbon dioxide emission intensity among our peer cement manufacturing companies and the top global cement manufacturing companies.Extensive sales and distribution network in India and focus on strong brand.The company benefits from its strong corporate lineage of the JSW Group and its qualified management team. 
Objects of the Issue
1
1 Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan
2
2 Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
3
3 General Corporate Purposes
JSW Cement Ltd. Financials (Amount in Crore)
Revenue from Operations
₹5,982.2
31 Mar 2023
₹6,114.6
31 Mar 2024
₹5,914.7
31 Mar 2025
Profit After Tax (PAT)
₹104.0
31 Mar 2023
₹62.0
31 Mar 2024
-₹163.8
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 5914.67 6114.60 5982.21
EBITDA 815.32 1035.66 826.97
Profit After Tax (PAT) -163.77 62.01 104.04
Net Worth 2352.55 2464.68 2292.10
Total Assets 12003.94 11318.91 10218.61
Reserves & Surplus 1287.31 1399.06 1296.66
Borrowings 6166.55 5835.76 5421.54
EBITDA Margin (%) 13.78%
PAT Margin (%) -2.77%
P/BV Ratio
6.16
RoE
-6.90
RoCE
7.05%
RoNW
-4.85%
PAT Margin
-2.77%
EBITDA Margin
13.78%
Debt/Equity
0.98
Issue Structure & Shareholding
Total Shares Offered24,48,97,958 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding1,25,45,21,399 shares
Post-Issue Promoter Holding1,36,33,64,936 shares
P/BV Ratio6.16
RoE-6.90
RoCE7.05%
Debt / Equity0.98
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd.
Axis Capital Ltd.
Citigroup Global Markets India Pvt.Ltd.
Dam Capital Advisors Ltd.
Goldman Sachs (India) Securities Pvt.Ltd.
Jefferies India Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much JSW Cement Ltd. IPO subscribed?

JSW Cement Ltd. IPO is subscribed 1.00 times by Aug 11, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is JSW Cement Ltd. IPO retail subscription status?

The JSW Cement Ltd. IPO retail category is subscribed 1.00 times as of 11 Aug 2025. The retail portion is oversubscribed.

How to subscribe JSW Cement Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Aug 2025 and closes 11 Aug 2025. Min investment: ₹14,994 (1 lot = 102 shares). UPI mandate: 2025-08-11.

How many times JSW Cement Ltd. IPO subscribed?

The JSW Cement Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check JSW Cement Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Aug 2025. Refunds: on 13 Aug 2025.

When JSW Cement Ltd. IPO will be listed?

The JSW Cement Ltd. IPO listing date is 14 Aug 2025, Thursday. Listed on: NSE & BSE. Issue price: ₹147. Estimated listing: ₹147. GMP: NIL.

When JSW Cement Ltd. IPO close?

The JSW Cement Ltd. IPO closes on 11 Aug 2025, Monday. UPI mandate: 2025-08-11. Allotment: 12 Aug 2025. Listing: 14 Aug 2025.