JSW CEMENT LIMITED

Price Band

₹ 139 - ₹ 147

Bid Lot

102 Shares

JSW CEMENT LIMITED

07-Aug-2025 - 11-Aug-2025

Price Band

₹ 139 - ₹ 147

Minimum Investment

₹ 14994.00

Bid Lot

102 Shares

Shares

244,897,958

  • Face Value -  Rs. 10/- Per Share
  • Lisitng at  BSE, NSE
  • 840,336 Application Required in Retail for 1 Time.
  • Registrar :  KFin Technologies Limited

IPO Details

QIB
50%

(122,448,978 Shares)RS.1800.00 CR

HNI 1
5%

(12,244,898 Shares)RS.180.00 CR @ 8575 FORM 1X

HNI 2
10%

(24,489,798 Shares)RS.360.00 CR @ 17150 FORM 1X

Retail
35%

(85,714,286 Shares)RS.1260.00 CR @ 840336 FORM 1X

Timeline

  • 07

    Aug-2025

    Open Date

  • 11

    Aug-2025

    Close Date

  • 12

    Aug-2025

    Basis of Allotment Date

  • 13

    Aug-2025

    Initiation of Refunds

  • 13

    Aug-2025

    Credit of Shares to Demat A/C

  • 14

    Aug-2025

    IPO Listing Date

Subscription as on 11-Aug-2025 17:39

Category

Book Size

Subscription

QIB

16.71x
48,979,592

(₹720.00 Cr.)

818,650,266

(₹12034.16 Cr.)

HNI (<10 LAKH)

8.25x
12,244,898

(₹180.00 Cr.)

100,983,264

(₹1484.45 Cr.)

HNI2 (>10 LAKH)

13.29x
24,489,798

(₹360.00 Cr.)

325,354,194

(₹4782.71 Cr.)

RETAIL

1.92x
85,714,286

(₹1260.00 Cr.)

164,151,864

(₹2413.03 Cr.)

Total

8.22x
171,428,574
1,409,139,588

Category

Book Size

Subscription

QIB

16.71x
48,979,592

(₹720.00 Cr.)

818,650,266

(₹12034.16 Cr.)

HNI (<10 LAKH)

8.25x
12,244,898

(₹180.00 Cr.)

100,983,264

(₹1484.45 Cr.)

HNI2 (>10 LAKH)

13.29x
24,489,798

(₹360.00 Cr.)

325,354,194

(₹4782.71 Cr.)

RETAIL

1.92x
85,714,286

(₹1260.00 Cr.)

164,151,864

(₹2413.03 Cr.)

Total

8.22x
171,428,574
1,409,139,588

*Excluding Anchor

Total No. of Application Approx : ~1203895 (1.43 Appwise)

HNI Cost

About Company

Incorporated in 2006, JSW Cement Limited is a manufacturer of green cement in India. As part of the JSW Group, the company is committed to sustainability and innovation in the cement industry.

The company operated seven plants across the country, including one integrated unit, one clinker unit, and five grinding units located in Andhra Pradesh (Nandyal plant), Karnataka (Vijayanagar plant), Tamil Nadu (Salem plant), Maharashtra (Dolvi plant), West Bengal (Salboni plant), and Odisha (Jajpur plant and the majority-owned Shiva Cement Limited clinker unit).

As of March 31, 2025, JSW Cement Limited had an installed grinding capacity of 20.60 MMTPA, comprising 11.00 MMTPA in the southern region, 4.50 MMTPA in the western region, and 5.10 MMTPA in the eastern region of India.

Product Portfolio:

  • Cement: Blended Cement and Ordinary Portland Cement
  • Ground Granulated Blast Furnace Slag: GGBS is commonly used in blended cement products such as PSC and PCC and as a replacement material for OPC in concrete production.
  • Clinker: Clinker is manufactured by burning limestone and clay together at a high temperature
  • Allied Cementitious Products: RMC, Screened Slag, Construction Chemicals

JSW Cement Limited distributes its products through a well-connected network. As of March 31, 2025, the company had a distribution network comprising 4,653 dealers, 8,844 sub-dealers, and 158 warehouses.

Strengths

Competitive Strengths:

  • The company is the fastest growing cement manufacturing company in India in terms of increase in installed grinding capacity and sales volume.
  • The company is India’s largest manufacturer of GGBS and has a proven track record of scaling up this business.
  • Strategically located plants well-connected to raw material sources and key consumption markets.
  • The company has lowest carbon dioxide emission intensity among our peer cement manufacturing companies and the top global cement manufacturing companies.
  • Extensive sales and distribution network in India and focus on strong brand.
  • The company benefits from its strong corporate lineage of the JSW Group and its qualified management team.

 

Company Promoters

Company Financials

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 12,003.94 11,318.91 10,218.61
Total Income 5,914.67 6,114.60 5,982.21
Profit After Tax -163.77 62.01 104.04
EBITDA 815.32 1,035.66 826.97
Net Worth 2,352.55 2,464.68 2,292.10
Reserves and Surplus 1,287.31 1,399.06 1,296.66
Total Borrowing 6,166.55 5,835.76 5,421.54
Amount in ? Crore

Objects of the Issue

 

The Company JSW Cement IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (? in crores)
1 Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan 800.00
2 Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company 520.00
3 General Corporate Purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 1

    Once you create your account, Login to Easy Investing.

  • Step 2

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 3

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 4

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 5

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on Easy Investing’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

FAQs

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