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JSW Cement IPO: JSW Cement is set to launch its initial public offering (IPO) on August 7, 2025, with the issue closing on August 11, 2025. The company has announced a price band of Rs 139 to Rs 147 per equity share with a face value of Rs 10.

The IPO will comprise a total issue size of Rs 3,600 crore, which includes a fresh issue of Rs 1,600 crore and an offer for sale of Rs 2,000 crore. The total number of equity shares offered ranges between 25.89 crore and 24.49 crore shares, depending on the final price discovered during the book-building process.

JSW Cement plans to utilise the net proceeds from the fresh issue as follows:

As part of its long-term growth, JSW Cement has outlined capacity expansion plans across several regions in India.

The company aims to increase its production capabilities in both clinker and grinding capacities, it said.

The proposed expansions include greenfield and brownfield projects across seven locations, with a total planned capacity addition of 6.6 million tonnes of clinker and 21.3 million tonnes of grinding capacity.

Once these projects are completed, JSW Cement’s total capacity is expected to rise from 6.4 MTPA to 13 MTPA for clinker and from 20.6 MTPA to 41.9 MTPA for grinding, as of March 2025.

Here is the list of these seven states as the expansion proposed by the cement firm:

Here are other details of the IPO:

The IPO book-running lead managers of the IPO are JM Financial, Axis Capital, Citigroup Global Markets India, DAM Capital Advisors, Goldman Sachs India, Jefferies India, Kotak Mahindra Capital, and SBI Capital Markets, while KFin Technologies is serving as the registrar to the issue.

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Sub-editor at Zee Business English

ankur.gupta@india.com

Gupta is a journalist with a multifaceted reporting background. At Zee Business Digital, he covers a wide range of topics, includ ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.