As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to apply or not to the JSW Cement IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed JSW Cement IPO review which will help you to make the decision.
Strengths and Weaknesses of JSW Cement IPO
Strengths:
- From 2015 to 2025, JSW Cement was one of the 3 fastest-growing cement companies in India in terms of installed grinding capacity and sales volume.
- Its plants are in strategic locations, close to raw material sources and major markets, making operations more efficient.
- If compared to other cement companies in India, JSW Cement has the lowest carbon dioxide emissions in India, making it a top global player.
- They are guided by experienced and dedicated promoters, and a professional management team, which makes them one of the growing companies in the pre-engineered building industry the India.
Weaknesses:
- The company mainly gets blast furnace slag from JSW Steel and its group companies, which is a key raw material for our green cement products. In case if we lose them as suppliers, it can badly impact the business, cash flow, and financial condition.
- JSW Cement offers a steady and reliable supply of power and fuel. Any delay or Interruption in the supply can badly impact the business and its financial condition.
- If unable to keep its plants running at good capacity or fails to improve its usage, then it can badly impact the business, cash flow, and financial condition.
- If the company couldn’t complete the ongoing projects on time or within the time limit, it could negatively impact the business, cash flow, and financial condition.
JSW Cement IPO Details
| IPO Size | ₹3,600 crores |
| Offer-for-sale | up to 13,60,54,421 equity share |
| Fresh issue | ₹1,600 crores |
| Price band | ₹139 to ₹147 |
| Subscription | Opens on August 7, 2025, and the closing date is on August 11, 2025 |
| Purpose of IPO | Fresh Issue and Offer-for-Sale |
JSW Cement IPO Open and closing date?
JSW Cement IPO will open for subscription on August 7, 2025, and close for subscription on August 11, 2025.
What is the size of the JSW Cement IPO?
The company planned to raise funds of around ₹3,600 crores via IPO. This IPO comprises both 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.
What are the subscription details of the JSW Cement IPO?
The JSW Cement IPO price range is set at ₹139 to ₹147 per share. In this IPO, a total of 102 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 1,326 shares in 13 lot sizes were available, and for the S-HNI Minimum category, 1,428 shares were available in 14 lot sizes. While for the B-HNI Minimum category, 6,834 shares were available in 67 lot sizes.
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.
- Big HSI (S-HNI): A minimum investment of ₹10,04,598 is required.
What is the JSW Cement IPO listing Date?
JSW Cement is a Mainboard IPO shares will be listed on August 19, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the JSW Cement IPO Issue?
The objective behind raising funds via IPO is to utilize the funds for the cost of establishing a new integrated cement unit at Nagaur, Rajasthan. Some funds will be used for the prepayment or repayment of all or a portion of certain outstanding borrowings taken by the Company. Lastly, the remaining funds will be used to support the general corporate purposes of the company.
About JSW Cement
JSW Cement is one of the leading cement manufacturing companies in India in terms of installed grinding capacity among the top 10 other manufacturing companies. The company portfolio consists of a wide range of cements such as Concreel HD (CHD), Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Composite Cement (CPC), and Ground Granulated Blast Furnace Slag (GGBS). West Bengal, Maharashtra, Karnataka, Odisha, and Andhra Pradesh are some of the states where the company runs its manufacturing facilities. They had an installed clinker capacity of 6.44 MMTPA, including JSW Cement FZC, and a total installed grinding capacity of 20.60 MMTPA as of March 31, 2024, covering southern (11.00 MMTPA), western (4.50 MMTPA), and eastern (5.10 MMTPA) India. The year ended on March 31, 2024, the company generated revenue of ₹20.60 crores through Installed Grinding Capacity as at the end of the year, respectively.
JSW Cement IPO Financials
The company reported revenue of ₹6114.60 crores in 2024 against ₹5982.21 crores in 2023. The company reported a profit of ₹62.01 crores in 2024 against a Profit of ₹104.04 crores in 2023.
JSW Cement IPO Promoters
The promoters of the company are Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited, and Sajjan Jindal Family Trust.
Who are the JSW Cement IPO lead managers and registrar?
JM Financial Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, DAM Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited are the lead managers of JSW Cement, while KFin Technologies Limited is the registrar of the company.
Should you apply or not for the JSW Cement IPO?
One can consider applying for the JSW Cement IPO due to the company’s strong growth, focus on green cement products, and strategic plant locations. Over the years, the company has stood out with one of the lowest carbon emission levels in the industry and has shown consistent expansion in capacity and sales. The company started its operations in 2009 through its single grinding unit in Vijayanagar, Karnataka. The company offers a comprehensive range of products, including blended cement (PSC, PCC, PPC), GGBS, ordinary portland cement (OPC), clinker, and other related products like ready-mix concrete (RMC), screened slag, construction chemicals, and waterproofing compounds. However, just like any other IPO, we recommend that investors first check market conditions, financials, and risks before making a final decision, and investing at your own risk.
