JSW Cement IPO: IPO opens with price band of ₹139 to ₹147, read these important details before placing a bid:

News Topical, Digital Desk : JSW Cement IPO: The Rs 3,600 crore initial public offering (IPO) of JSW Cement, a cement company of JSW Group, is opening for subscription from August 7, 2025.

Through this IPO, the company will raise money through a fresh issue of Rs 1,600 crore and an offer for sale of Rs 2,000 crore. The IPO will close on August 11 and after this the company's shares will be listed on both NSE and BSE on August 14.

Key information related to the IPO

Price Band: ₹139 to ₹147 per share
Face Value: ₹10 per share
Lot size: 102 shares
Estimated listing date: August 14, 2025
Grey market premium: Around 4% above issue price

Experts' opinion

Canara Bank Securities has advised to 'subscribe' the IPO considering the company's growth potential, focus on sustainable development and strategic match under the JSW Group. Although the company has recorded some losses in the financial year 2025, it is still India's fastest growing and the world's greenest cement manufacturer.

AUM Capital has given a 'subscribe' rating to the IPO, calling the company one of the fastest growing cement companies in India. The company's good hold in ground granulated blast furnace slag (GGBS) production gives it a competitive edge. Swastika Investmart has advised high-risk investors to apply for multiple benefits and hold for a long period. They say that the current valuation is high and the company is still in the development phase, so there is a possibility of fluctuations in profits during the short term. A look at the IPO distribution 50% of the IPO (Rs 1,800 crore) is reserved for qualified institutional buyers (QIBs). 15% is reserved for high net worth individuals (HNIs) and the remaining 35% is reserved for retail investors.

Purpose of bringing IPO

The company said that it will use the money coming from the IPO for the construction of a new integrated cement plant in Nagaur, Rajasthan, Rs 800 crore. Apart from this, Rs 520 crore will be used for repayment of loan. The remaining amount will be used for general corporate purposes.

Focus on the company

JSW Cement was established in 2009 and is one of the fastest growing cement manufacturing companies in India. As of March 2025, it is among the top 10 cement companies in the country according to CRISIL.

It is important for investors to know that the allotment of the IPO will be finalized on August 12, after which the refund and shares will be transferred to the demat account of the investors on August 13