JSW Cement IPO was subscribed overall 8.22 times on the last day, while the retail quota was subscribed 1.91 times, QIB was subscribed 16.71 times, and NII quota subscribed by 11.60 times, respectively.
Details About JSW Cement IPO
JSW Cement got approval from SEBI for an IPO of ₹3,600 crores to raise funds and maintain financial stability. In this IPO, a fresh issue of ₹1,600 crores and an offer for sale up to 13,60,54,421 equity shares with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹139 to ₹147 per share. In this IPO, 102 shares were available in 1 lot size for the minimum retail category, 1,326 shares in 13 lot sizes for the maximum retail category, and a total of 1,428 shares in 14 lot sizes for S-HNI (Min) and 6,834 shares in 67 lot sizes for BHNI (Min).
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,994 and maximum investment of ₹1,94,922.
- Small HNI (S-HNI): Minimum investment of ₹2,09,916.
- B-HNI (B-HNI): Minimum investment of ₹10,04,598.
Subscription duration of JSW Cement IPO
The JSW Cement IPO subscription opening date was August 7, 2025, and closed on August 11, 2025. The JSW Cement IPO allotment was finalized on August 12, 2025, and the IPO listing is on August 14, 2025.
Funds Deployment of This Company
- Some funds from the fresh issue will be utilized for the Part financing cost of establishing a new integrated cement unit at Nagaur, Rajasthan;
- Some proceeds will be used for the Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company.
- Lastly, the remaining funds will be used for the company’s General corporate purposes.
About JSW Cement
JSW Cement ranks among India’s leading cement manufacturers in terms of installed grinding capacity, placing it in the top 10 players in the industry. Its product portfolio includes a diverse range of offerings such as Concreel HD (CHD), Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Composite Cement (CPC), and Ground Granulated Blast Furnace Slag (GGBS). The company operates manufacturing facilities in key states like West Bengal, Maharashtra, Karnataka, Odisha, and Andhra Pradesh. For the financial year ending March 31, 2024, the company reported revenue of ₹20.60 crore from its installed grinding capacity.
JSW Cement IPO Financial Background
The company reported revenue of ₹5,914.67 crores in 2025 against ₹6,114.60 crores in 2024. The company reported a loss of ₹163.77 crores in 2025 against a Profit of ₹62.01 crores in 2024.
