Published on 05/08/2025 04:27 PM
JSW Cement IPO: JSW Cement, part of the steel-to-autos JSW conglomerate, is all set to launch its initial public offering (IPO) this week. Before deciding to subscribe to the issue, here are the key things from the red herring prospectus that investors must know.
The ₹3,600 crore JSW Cement IPO is a book-building issue. The issue consists of an offer for sale of 13.61 crore shares worth ₹2,000 crore and a fresh issue of 10.88 crore shares worth ₹1,600 crore. The market capitalisation of JSW Cement IPO is around ₹20,041.46 crore.
The subscription period for the JSW Cement IPO begins on August 7, 2025, and ends on August 11, 2025. On Tuesday, August 12, 2025, JSW Cement IPO allotment is anticipated to be finalised.
The price range, or price band, for JSW Cement IPO is ₹139 to ₹147 per share.
An application's lot size is 102. Retail individual investors must make a minimum investment of ₹14,178 (102 shares).
As for the NII segment, small NIIs need to apply for 14 lots (1,428 shares) and big NIIs must apply for at least 67 lots (6,834 shares), amounting to ₹10,04,598 and ₹2,09,916, respectively.
The anticipated listing date for the JSW Cement IPO is set for Thursday, August 14, 2025, and it will be listed on the BSE and NSE.
Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited, and Sajjan Jindal Family Trust are the company promoters.
JSW Cement Limited is an Indian company that was founded in 2006 and produces cement. The company, which is a member of the JSW Group, is dedicated to innovation and sustainability in the cement sector.
The JSW Cement IPO's book-running lead manager is JM Financial, while the issue's registrar is KFin Technologies Limited.
The company proposes to utilise the fresh funds raised for:
Part-financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan
Natural disasters, fires, epidemics, pandemics, acts of war, terrorist attacks, civil unrest, and other events could materially and adversely affect company's business.
Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories
Log in to our website to save your bookmarks. It'll just take a moment.