JSW Cement is into Building Materials Cement sector and is looking raise funds through Fresh Issue and Offer For Sale
IPO Summary
JSW Cement IPO is a public offering of shares by Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited and Sajjan Jindal Family Trust. The IPO will open on August 07 and will close on August 11. The price band is ₹139 to ₹147 per share and the lot size is 102 shares. The issue size is ₹3,600. crore. The shares are expected to be listed on NSE, BSE on August 14 (^). Some additional information that you may find useful are: During FY24, the company's revenue from operations was ₹6,028 crore and its profit was ₹62 crore. However, in the fiscal year 2025, the company reported a loss of ₹163.77 crore on a revenue of ₹5,813.1 crore.: (**) - based on higher price band (^) indicative dateAlso READ: Mumbai based Cement Company JSW Cement files DRHP with SEBI for the proposed IPO; Key Details here
Promoters of the company are Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited and Sajjan Jindal Family Trust Currently promoters hold 78.61% stake in the company. While post-equity promoters stake will be 72.33%
- Company aims to raise between Rs 3,600 to 3,600 crs through this IPO.
- The net proceeds of the issue will be utilized to 1) Expansion of Cement Plant at Nagaur, Rajasthan at capex of Rs800 crores 2) Debt repayment of Rs520 crores and 3) General corporate purposes
- Anchor bidding is expected to commence one day prior to the IPO dates. Tentative anchor bidding date would be 06-Aug-25.
- Price band for the IPO has been fixed at Rs 139 to 147 per share and bid lot are in multiple of 102 shares. The implied market cap post-issue at Rs 19,038 to 20,041 crs.
- As per the tentative schedule, allotment date of this IPO is most likely on August 12 and share are expected to be listed on NSE, BSE on August 14.
- JSW Cement operates in a competitive market and faces competition from both large, established players and smaller, regional companies. Some of its key competitors include major cement manufacturers such as UltraTech Cement, Adani Group (Ambuja Cement, ACC), Shree Cement, Dalmia Bharat, Ramco Cement, Nuvoco Vistas, JK Cement, JK Lakshmi Cement, Birla Corporation amongst others.
- JM Financial, Axis Capital, Citi Global Markets India, DAM Capital Advisors, Goldman Sachs (India) Securities, Jefferies India, Kotak Mahindra Capital, SBI Capital Markets has been appointed as Merchant Banker to the issue. KFin Technologies Ltd. has been appointed as official registrar of the issue.
- Company has not undertaken Pre-IPO placement.
Key Pointers of JSW Cement IPO:
| JSW Cement Limited IPO Snapshot | UdhyamPitch on X | |||
|---|---|---|---|
| Established | City | Sector | Sub-Sector |
| 2006 | Mumbai | Building Materials | Cement |
| Issue | Issue Type | Tentative Listing Date | Listing at |
| IPO (Fresh+OFS) | Book Building | 14-Aug-25 | NSE, BSE |
| IPO Dates | Price Band (Rs/sh) | Face Value (Rs/sh) | Min Lot Qty |
| 07-Aug-25 to 11-Aug-25 | ₹ 139 to 147 per sh | ₹ 10 per sh | 102 sh and in multiples |
| Retail App (min) | Retail App (max) | Non-Retail (Rs2-10L App) | Non-Retail (>Rs10L min App) |
|
102 shares ₹ 14,994 |
1,326 shares up to ₹ 194,922 |
1,428 to 6,732 shares ₹ 209,916 to 989,604 |
6,834 shares and above ₹ 1,004,598 and above |
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
About JSW Cement Limited
Promoted by JSW Group, JSW Cement is into cement manufactuing. Company's products are produced using high-quality granulated slag, a by-product from JSW Steel plants. This process makes the cement heat-resistant, durable, and more environmentally friendly by reducing the reliance on natural resources and lowering CO2 emissions. JSW Cement's product portfolio includes various grades of Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC). During FY25, company had an installed grinding capacity of 20.60 million metric tonnes per annum (MMTPA).
During FY24, the company's revenue from operations was ₹6,028 crore and
its profit was ₹62 crore. However, in the fiscal year 2025, the company
reported a loss of ₹163.77 crore on a revenue of ₹5,813.1 crore.
About Industry
The Indian cement industry is the second-largest in the world, with an installed capacity of around 690 million tonnes per annum. The sector is a vital contributor to the nation's economy, driven primarily by strong domestic demand from housing, infrastructure, and commercial construction. Government initiatives like "Housing for All" and large-scale projects such as the Bharatmala Pariyojana are key growth drivers. Major players like UltraTech Cement, Ambuja Cements, and Shree Cement dominate the market. The industry is also undergoing a significant shift towards sustainability, with a growing focus on producing "green cement" using industrial by-products and adopting energy-efficient technologies.
| JSW Cement Limited IPO Dates | UdhyamPitch on X | |
|---|---|
| Anchor Open | 06-Aug-25 |
| IPO Open | 07-Aug-25 |
| IPO Close | 11-Aug-25 |
| Allotment | 12-Aug-25 |
| Credit of Shares | 13-Aug-25 |
| Refund | 13-Aug-25 |
| Listing | 14-Aug-25 |
| Anchor Investor Lockin (50% of Anchor book investment) | |
| Anchor Investor Lockin (Balance 50% of Anchor book investment) | |
Kindly note UPI Mandate deadline is 5:00 pm IST on closing date. To avoid last minute issue, request you to approve UPI mandate before 4:00 pm IST on last day. In case, UPI mandate has not been approved during the prescribed time period, applications are liable to get rejected.
There are highly chances of variation in dates. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
| JSW Cement Limited IPO - Management Details: | |
|---|---|
| Seshagiri Rao Venkata Satya Metlapalli, Chairman and Non-Executive Director | |
| Nilesh Narwekar, CEO | |
| Narinder Singh Kahlon, Director Finance | |
| Sneha Bindra | |
Visit DRHP / RHP for more details on Board of Directors and
Management details.
| JSW Cement Limited IPO - Details of Offer/Issue Breakup | UdhyamPitch on X | |||||
|---|---|---|---|---|---|
| Category | Quota (%) | No of Shares-Lower | No of Shares-Upper | Value (Rs Cr)-Lower | Value (Rs Cr)-Upper |
| QIB (Incl Anchor) | 50 | NA | 122,448,980 | NA | 1,800. |
| Non-Retail (NII) | 15 | NA | 36,734,694 | NA | 540. |
| Non-Retail (NII): >Rs10L | NA | 24,489,796 | NA | 360. | |
| Non-Retail (NII): Rs2L-Rs10L | NA | 12,244,898 | NA | 180. | |
| Retail | 35 | NA | 85,714,286 | NA | 1,260. |
| Employee | NA | . | . | ||
| Shareholder | NA | . | . | ||
| NA=Not Available or Not Calculated | Upper= Upper Price Band | Lower=Lower Price Band | |||||
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
Check IPO Allotment status of JSW CementIPO:
| JSW Cement Limited - Anchor Lockin Dates and Details | |
|---|---|
| Anchor Investor Lockin (50% of Investment for 30 days) release of | |
| Anchor Investor Lockin (Balance Investment for 90 days) release of | |
Above information is automatically calculated based on estimations. Chances of errors/changes could be possible due to holidays and/or other conditions. Users are requested to Visit BSE, NSE, SEBI for more information or contact the Company/Merchant Banker/RTA for more information.
| JSW Cement Limited - Documents | |
|---|---|
Disclaimer:
Above article only publishes details on the companies and about forthcoming / upcoming IPO' and are solely intended for educational purpose. We don't solicit or invite any interest of user to invest in any of the investment products. Please review DRHP/RHP/Prospectus for more details about the company, fundamentals and other details. Please visit respective sources to verify and know more details about the IPO. SME IPOs can be more volatile due to smaller market capitalization and liquidity. Prices may fluctuate significantly in response to market conditions. We advise users and/or investors to take opinion from certified and SEBI registered experts before taking any investment decisions.
| Source: SEBI, BSE, NSE |
|---|
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