JSW Cement Initial Public Offering: Determined Issue Price Range and Key Points for Every Investor's Consideration
JSW Cement's Upcoming IPO: Key Details and Highlights
JSW Cement, a green cement manufacturer in India, is set to launch its Initial Public Offering (IPO) in the coming weeks. Here are the key details of the IPO:
Price Band and Issue Size
The price band for the JSW Cement IPO has been set at ₹139 to ₹147 per equity share. The issue size comprises a fresh issue of ₹1,600 crore and an Offer for Sale (OFS) of ₹2,000 crore, totalling ₹3,600 crore.
IPO Subscription Dates, Allotment, and Listing
The IPO subscription period is from August 7 to August 11, 2025. The allotment of shares is expected on August 12, 2025, with the shares tentatively scheduled to start trading on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) from August 14, 2025.
Minimum Lot Size and Investment
For retail investors, the minimum lot size is 102 shares, which requires a minimum investment of approximately ₹14,178 at the upper price band.
Reservation of Shares
50% or Rs 1,800 crore worth of the IPO is reserved for Qualified Institutional Bidders (QIB), while 15% is for High Net Worth Individuals (HNIs), and the rest for retail investors.
Use of Funds
JSW Cement aims to raise ₹800 crore to finance the cost of establishing a new integrated cement unit at Nagaur, Rajasthan. Another Rs 520 crore will be used to repay existing debt.
Promoter Holding
Post the IPO, the promoters of JSW Cement will own 72.33% of the company, down from the current 78.61%.
Notable Selling Shareholders
State Bank of India, Synergy Metals Investments Holding, and AP Asia Opportunistic Holdings Pte. Ltd. are among the selling shareholders in the IPO.
JSW Cement's Operations
JSW Cement manufactures green cement in India and operates seven plants across the country.
Upcoming Roadshow
A potential roadshow for the IPO is expected to take place in Mumbai.
[1] NSE [2] BSE
- Investors considering the JSW Cement IPO should note that the price band for each equity share is set between ₹139 and ₹147.
- The JSW Cement IPO's issue size includes a fresh issue of ₹1,600 crore, an Offer for Sale of ₹2,000 crore, and is therefore a total of ₹3,600 crore.
- Retail investors participating in the IPO should be aware that the minimum lot size is 102 shares, requiring a minimum investment of approximately ₹14,178 at the upper price band.
- The forthcoming roadshow for the JSW Cement IPO is expected to take place in Mumbai, providing an opportunity for potential investors to gain more insights about the offering before the IPO is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
