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JSW Cement Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹147
Issue Price
₹147
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹147
GMP based
Lot Size
102
shares / lot
Min Amount
₹14,994
1 lot · 102 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 Aug 2025
Thu Completed
Done
Close Date
11 Aug 2025
Mon Completed
Done
Allotment
12 Aug 2025
Tue Completed
Done
Refund
13 Aug 2025
Wed Completed
Done
Demat Credit
13 Aug 2025
Wed Completed
Done
Listing Date
14 Aug 2025
Thu Completed
UPI Deadline: 11 Aug 2025
Issue Details
Pricing & Size
Issue Price
₹147 Face ₹10
Lot Size
102 shares
Min Investment
₹14,994
Total Issue Size
24,48,97,958 shares (aggregating up to ₹3,600.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
12,24,48,978 (50.00%)
NII / HNI
3,67,34,694 (15.00%)
Retail
8,57,14,286 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
1,25,45,21,399 shares
Post-Issue Shareholding
1,36,33,64,936 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 102 ₹14,994
HNI / NII 14 1,428 ₹2,09,916
bHNI / bNII 67 6,834 ₹10,04,598
Objects of Issue
3 objectives
1
1 Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan
800.00 Cr
2
2 Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
520.00 Cr
3
3 General Corporate Purposes
226.80 Cr
Lead Managers & Market Maker
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.
IPO Timeline
Open
07 Aug
✓ Done
Close
11 Aug
✓ Done
Allotment
12 Aug
✓ Done
Listing
14 Aug
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
jswcement.ipo@kfintech.com
Company Contact
Email
secretarial.jswcl@jsw.in
Phone
+91 22 4286 3114
Address
JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹147
Est. Listing
₹147
Lot Size
102 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
JSW Cement Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹147
GMP
+₹0 (+0%)
GMP Est. Listing
₹147
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 12,24,48,978 (50.00%) ₹180,000.00 Cr
NII / HNI (Total) 3,67,34,694 (15.00%) ₹54,000.00 Cr
Retail Investors 8,57,14,286 (35.00%) ₹126,000.00 Cr
Total ** 24,48,97,958 (100.00%) ₹3,599,999.98 Cr
* Based on ₹147.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
12,24,48,978 (50.00%)
NII
3,67,34,694 (15.00%)
Retail
8,57,14,286 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue5914.676114.605982.21
PAT-163.7762.01104.04
EBITDA815.321035.66826.97
Net Worth2352.552464.682292.10
Total Assets12003.9411318.9110218.61
Reserves1287.311399.061296.66
Borrowings6166.555835.765421.54
Key Financial Ratios
-6.90
ROE
Return on Equity
7.05%
ROCE
Return on Capital Employed
-4.85%
RONW
Return on Net Worth
-2.77%
PAT Margin
PAT / Revenue
13.78%
EBITDA Mgn
EBITDA / Revenue
0.98
D/E Ratio
Debt to Equity
6.16
P/BV
Price to Book Value
-1.31
Pre EPS
EPS Pre-Issue
-1.20
Post EPS
EPS Post-Issue
-112.61
Pre P/E
P/E Pre-Issue
-122.38
Post P/E
P/E Post-Issue
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 Cement
  • Ground 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 temperature
  • Allied Cementitious Products: RMC, Screened Slag, Construction Chemicals

JSW 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.

 

Frequently Asked Questions
What is the issue price of JSW Cement Ltd. IPO?
The issue price of JSW Cement Ltd. IPO is ₹147 per share, face value ₹10.
What is the lot size?
Minimum lot size is 102 shares, requiring ₹14,994.
What are the IPO dates?
Opens 07 Aug 2025, closes 11 Aug 2025.
When is the listing date?
Tentative listing: 14 Aug 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹147 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

JSW Cement Ltd. IPO · Expected 12 Aug 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
12 Aug 2025
Refund Initiation
13 Aug 2025
Demat Credit
13 Aug 2025
Listing Date
14 Aug 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹147
Face ₹10
Lot Size
102
shares / lot
Min Amount
₹14,994
1 lot
Est. Listing
₹147
GMP +₹0
Key Dates
Open
07 Aug Done
Close
11 Aug Done
Listing
14 Aug Done
Registrar
Kfin Technologies Ltd.
A
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