JSW Group has brought a new IPO, which is opening since August 7 and is a chance to subscribe till 11 August. JSDB is opening the IPO of its cement company and wants to raise money from public offering. The company has planned to raise Rs 3,600 crore through IPO.
This public offering includes a new issue of 10.88 crore shares of Rs 1600 crore and an offer for SAIL (ORS) of Rs 2000 crore. The company had initially targeted to raise Rs 4000 crore, but later reduced the size of the issue. IPO will be closed on 11 August 2025.
How much will the price band be?
The price band of JSW Cements IPO has been fixed between Rs 139 to Rs 147 per share. Each application will be for at least 102 shares, which means that a retail investors will require at least Rs 14178 to apply. Small non-cultural investors (SNII) have to invest at least 14 lots i.e. Rs 2,09,916.
For large non-institutional investors (BNII), 67 lots or 6,834 shares will have to be purchased, which is priced at Rs 10,04,598. JM Financial Limited is the book running lead manager of this IPO. Caffein Technologies Limited is a registrar. The allocation of shares of JSW Cement is expected to be finalized on Tuesday, August 12, 2025.
When will this company be list?
JSW Cement shares are expected to list the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday, August 14, 2025. Promoters of the company are Sajjan Jindan, Partha Jindal, Sangeeta Jindal, Adarsh Advisory Services Private Limited and Sajjan Jindal Family Trust. JSW Steel was established in 2006 and is known for the manufacture of green cement in India. It is part of the large JSDB group, which is interested in steel, energy, infrastructure and other sectors.
How much GMP of JSW Cement?
The last GMP of JSW Cement IPO is ₹ 19, which is indicating its stock to be at Rs 166, which is its price band at Rs 147 to 12.93% up.
Company’s 7 big plants across the country
The company focuses on the production of environmentally friendly cement by using modern technology. Its products are used in housing, commercial and infrastructure projects. The company has a total of 7 plants across India, including one intergraded unit, one clinker unit and five ginding units. The company’s strong presence in the South, West and East parts of India helps to meet the regional demand for cement.
(Note- Be sure to help your financial advisor before investing in any share.)
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