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JSW Cement IPO opens on 7 August: GMP, issue details, 10 key things to know

Published on 06/08/2025 02:59 PM

JSW Cement IPO opens for subscription on 7 August: From GMP to issue details, here are 10 key things for investors to know

JSW Cement's ₹3,600 crore initial public offering is a book-building issue. A new issue of 10.88 crore shares worth ₹1,600 crore and an offer for sale of 13.61 crore shares worth ₹2,000 crore make up the issue. About ₹20,041.46 crore is the market capitalization of the JSW Cement IPO.

The JSW Cement IPO subscription period runs from August 7, 2025, to August 11, 2025. The JSW Cement IPO allocation is expected to be finalized on Tuesday, August 12, 2025.

 

For the JSW Cement IPO, the pricing range, or price band, is between ₹139 and ₹147 per share.

The lot size of an application is 102. The minimum investment required of retail individual investors is ₹14,178 (102 shares).

Regarding the NII segment, big NIIs must apply for at least 67 lots (6,834 shares), and small NIIs must apply for 14 lots (1,428 shares), totaling ₹2,09,916, and ₹10,04,598, respectively.

The JSW Cement initial public offering (IPO) is scheduled to go public on the BSE and NSE on Thursday, August 14, 2025.

The company's promoters are Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited, and Sajjan Jindal Family Trust.

Established in 2006, JSW Cement Limited is an Indian cement manufacturer. As a part of the JSW Group, the company is committed to sustainability and innovation in the cement industry.

KFin Technologies Limited is the issue's registrar, while JM Financial is the book-running lead manager for the JSW Cement IPO.

The company proposes to utilize the fresh funds raised for:

Part-financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan

Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company

General corporate purposes

JSW Cement IPO GMP today is +9. This indicates JSW Cement's share price was trading at a premium of ₹9 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Highway Infrastructure share price was indicated at ₹156 apiece, which is 6.12% higher than the IPO price of ₹147.

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.

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