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News Topical, Digital Desk : 11 September 2025 will be an important day for JSW Group company JSW Cement. On this day, the company's shareholder lock-in period will end. This will make 3.67 crore shares, i.e. 3% of the company's equity, available for trading. Currently, according to the market price, the value of these shares is Rs 553 crore. However, the end of the lock-in does not mean that all the shares will be sold in the open market. These shares will only be eligible for trading.
Shares of JSW Cement were listed on the domestic stock market i.e. NSE and BSE on 13 August. The company's shares opened at Rs 153 on BSE with a 4% premium over the issue price of Rs 147 and reached Rs 154.70. This made the company's market capitalization Rs 20,914 crore.
Aiming to be among the top-2 cement companies in the country, JSW Cement Managing Director Parth Jindal said during the listing, "If I want to be with my father, I have to take this company to the top two in the industry." He said that in 2013, before business school, his father gave him the opportunity to learn the process of cement production at JSW Cement office in Hyderabad. Jindal said, "The business that started for the use of slag has now become a top cement company." After listing, JSW Cement has become the seventh largest cement company on the basis of market capitalization. But Jindal's aim is to bring it to the top-2 in the industry as it is a JSW Group company.
JSW Cement: Share Performance Shares of JSW Cement Limited closed down 1.11% at Rs 150.60 on Friday.
Read More: Stocks News: There is going to be a big change in this stock on September 11, keep an eye
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