JSW Cement Limited IPO

JSW Cement Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹139 - ₹147

Total Issue

₹3,600.00 Cr

Bid Dates

07 Aug - 11 Aug

Subscription

7.77x

Est. GMP

₹4.3 (2.93%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

JSW Cement Limited is an Indian cement manufacturer specializing in green cementitious products, including blended cement like Portland Slag Cement (PSC) and Portland Composite Cement (PCC), as well as Ground Granulated Blast Furnace Slag (GGBS). It also produces Ordinary Portland Cement (OPC), clinker, and allied products such as ready-mix concrete (RMC), screened slag, construction chemicals, and waterproofing compounds. The company is focused on sustainable construction solutions through eco-friendly manufacturing practices and diversified cement offerings.

Lot Info

Lot Information for JSW Cement IPO
Category Lots Shares Amount
Retail (Min) 1 102 ₹14,994
Retail (Max) 13 1,326 ₹1,94,922
S-HNI (Min) 14 1,428 ₹2,09,916
S-HNI (Max) 66 6,732 ₹9,89,604
B-HNI (Min) 67 6,834 ₹10,04,598

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹3,600.00 Cr
Fresh Issue
₹1,600.00 Cr (10.88 Cr Shares)
Offer For Sale
₹2,000.00 Cr (13.61 Cr Shares)

Objects of Issue

  1. Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan;
  2. Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
  3. General corporate purposes

Grey Market Premium

GMP ₹4.3
Est. Price ₹151.30
Est. Gain 2.93%

JSW Cement IPO Peer Comparison

(Rs. in crores)

JSW Cement IPO Peer Comparison Table
Particulars JSW Cement UltraTech Cement Ambuja Cements Shree Cement Dalmia Bharat JK Cement The Ramco Cements India Cements
Revenue from Ops (in Crs.) 5,813.07 75,955.13 33,697.70 19,282.83 13,980.00 11,879.15 8,518.40 4,148.78
PAT (In Crs.) -163.77 6,039.64 5,158.41 1,123.80 699.00 872.17 269.57 -143.68
EPS - Basic -1.16 205.30 17.00 311.18 36.42 111.44 11.53 153.23
NAV per share 23.85 2,403.71 218.00 5,969.32 926.34 788.03 314.82 328.95
RONW -4.85% 8.54% 7.80% 5.21% 3.93% 14.14% 3.66% -1.41%
EBITDA 13.78% 17.34% 22.88% 22.76% 16.91% 16.82% 14.88% -3.99%
PAT Margin -2.77% 7.87% 13.68% 5.66% 4.91% 7.24% 3.15% -3.30%
Price to earning (PE) 0.00 59.56 35.97 97.77 60.39 58.39 103.50 2.38
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 29, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for JSW Cement IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 5,813.07 6,028.10 5,836.72
Profit after Tax -163.77 62.01 104.04
Net Worth 2,352.55 2,464.68 2,292.10
Total Borrowing 6,166.55 5,835.76 5,421.54
Total Assets 12,003.94 11,318.91 10,218.61
NAV per share (in ₹) 23.85 24.99 23.24
EPS - Basic (in ₹) -1.16 0.91 1.39

KPIs

EBITDA

13.78%

PAT

-2.77%

ROE

-0.31%

ROCE

7.05%

PE Ratio

0.00

PB Ratio

6.16

Mkt Cap (in Crs.)

20,041.46

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

78.62%

Public

21.38%

Adarsh Advisory Serv Pvt Ltd 69.44%
Parth Jindal 0.29%
Sajjan Jindal 0.02%
Sangita Jindal 0.02%
Other Promoter 8.85%

Management

Seshagiri Metlapalli Chairman
Parth Jindal MD
Nilesh Narwekar CEO
Narinder Kahlon CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Subscription Status

Updated as on 11-Aug-2025 19:00:00

Mainboard Subscription Status for JSW Cement IPO
Category Sub (x) Offered Bids
QIB 16.71 4,89,79,594 81,86,50,266
NII 11.61 3,67,34,694 42,63,56,022
bHNI 13.29 2,44,89,796 32,53,54,194
sHNI 8.25 1,22,44,898 10,10,01,828
Retail 1.92 8,57,14,286 16,43,13,636
Total 8.22 17,14,28,574 1,40,93,19,924

Frequently Asked Questions

What is JSW Cement IPO?
JSW Cement IPO is a Mainboard IPO having an issue size of ₹3,600.00 Crs. JSW Cement IPO is priced at ₹139 - ₹147 per share. The issue opens on 07 Aug 25 and closes on 11 Aug 25.
When will JSW Cement IPO open?
JSW Cement IPO opens on 07 Aug 25 and closes on 11 Aug 25.
What is the GMP of JSW Cement IPO?
The estimated Grey Market Premium of JSW Cement IPO is ₹4.3 per share (2.93%).
What is the lot size of JSW Cement IPO?
The minimum lot size of JSW Cement IPO is 102 shares & the minimum application amount is Rs. 14994.
When is the allotment of JSW Cement IPO?
The allotment date of JSW Cement IPO is 12 Aug 25.
What is the listing date of JSW Cement IPO?
The listing date of JSW Cement IPO is 14 Aug 25.
What is the subscription of JSW Cement IPO?
JSW Cement IPO is subscribed 7.77 times.
What is the price band of JSW Cement IPO?
JSW Cement IPO is priced at ₹139 - ₹147 per share.
How to check allotment status of JSW Cement IPO?
Click the allotment link on JSW Cement IPO page of IPO360.
How to apply JSW Cement IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply JSW Cement IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply JSW Cement IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select JSW Cement IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date