JSW Cement Limited IPO
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.
Price Band₹139 - ₹147 |
Dates07 Aug - 11 Aug |
GMP₹4.3 (2.93%) |
Subscriptions7.77 times |
Issue Size₹3,600.00 Crs |
JSW Cement IPO Objects
- 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 our Company
- General corporate purposes
JSW Cement IPO Details
Price Band₹139 - ₹147 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹1,600.00 Cr (10.88 Cr Shares) |
Offer For Sale₹2,000.00 Cr (13.61 Cr Shares) |
Total Issue₹3,600.00 Cr (24.49 Cr Shares) |
Face Value₹10 per equity share |
JSW Cement IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
102
14,994
Maximum
13
1,326
1,94,922
|
|||
| Small HNI |
Minimum
14
1,428
2,09,916
Maximum
66
6,732
9,89,604
|
|||
| Big HNI |
Minimum
67
6,834
10,04,598
|
|||
JSW Cement IPO Subscription
Updated as on 11-Aug-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 15.80 | 5,17,98,561 | 81,86,50,266 |
| NII | 10.97 | 3,88,48,921 | 42,63,56,022 |
| bNII (bids above ₹10L) | 12.56 | 2,58,99,281 | 32,53,54,194 |
| sNII (bids between ₹2L to ₹10L) | 7.80 | 1,29,49,640 | 10,10,01,828 |
| Retail | 1.81 | 9,06,47,482 | 16,43,13,636 |
| Total | 7.77 | 18,12,94,964 | 1,40,93,19,924 |
JSW Cement IPO GMP
The estimated Grey Market Premium of JSW Cement IPO is ₹4.3 per share (2.93%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
JSW Cement IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| 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.
JSW Cement IPO Peer Comparision
| 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
JSW Cement IPO Peer Comparision
| Particulars | JSW Cement |
|---|---|
| Revenue from Ops (in Crs.) | 5,813.07 |
| PAT (In Crs.) | -163.77 |
| EPS - Basic | -1.16 |
| NAV per share | 23.85 |
| RONW | -4.85% |
| EBITDA | 13.78% |
| PAT Margin | -2.77% |
| Price to earning (PE) | 0.00 |
| UltraTech Cement | Ambuja Cements | Shree Cement | Dalmia Bharat | JK Cement | The Ramco Cements | India Cements |
|---|---|---|---|---|---|---|
| 75,955.13 | 33,697.70 | 19,282.83 | 13,980.00 | 11,879.15 | 8,518.40 | 4,148.78 |
| 6,039.64 | 5,158.41 | 1,123.80 | 699.00 | 872.17 | 269.57 | -143.68 |
| 205.30 | 17.00 | 311.18 | 36.42 | 111.44 | 11.53 | 153.23 |
| 2,403.71 | 218.00 | 5,969.32 | 926.34 | 788.03 | 314.82 | 328.95 |
| 8.54% | 7.80% | 5.21% | 3.93% | 14.14% | 3.66% | -1.41% |
| 17.34% | 22.88% | 22.76% | 16.91% | 16.82% | 14.88% | -3.99% |
| 7.87% | 13.68% | 5.66% | 4.91% | 7.24% | 3.15% | -3.30% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Adarsh Advisory Serv Pvt Ltd | 69.44% |
| Parth Jindal | 0.29% |
| Sajjan Jindal | 0.02% |
| Sangita Jindal | 0.02% |
| Other Promoter | 8.85% |
| Total | 78.62% |
Management Details
| Name | Designation |
|---|---|
| Seshagiri Metlapalli | Chairman |
| Parth Jindal | MD |
| Nilesh Narwekar | CEO |
| Narinder Kahlon | CFO |
Company Details
Name: JSW Cement Limited
Address: JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai 400 051, Maharashtra, India
Number: +91 22 4286 3115
Email: secretarial.jswcl@jsw.in
Website: www.jswcement.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
JSW Cement IPO is a Mainboard IPO having an issue size of Rs. ₹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.
JSW Cement IPO opens on 07 Aug 25 and closes on 11 Aug 25.
The estimated Grey Market Premium of JSW Cement IPO is ₹4.3 per share (2.93%).
The minimum lot size of JSW Cement IPO is 102 shares & the minimum application amount is Rs. 14994.
The allotment date of JSW Cement IPO is 12 Aug 25.
The listing date of JSW Cement IPO is 14 Aug 25.
JSW Cement IPO is subscribed 7.77 times.
JSW Cement IPO is priced at ₹139 - ₹147 per share.
Click the allotment link on JSW Cement IPO page of IPO360.
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