JSW Cement Limited – IPO
JSW Cement Limited – IPO Details
| IPO Date | August 7, 2025 to August 11, 2025 |
| Listing Date | August 14, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 139 to ₹ 147 / Share |
| Lot Size | 102 Shares |
| Total Issue Size | 24,48,97,958 shares (Aggregating up to ₹3,600.00 Cr) |
| Fresh Issue | 10,88,43,537 shares (Aggregating up to ₹1,600.00 Cr) |
| Offer for Sale | 13,60,54,421 shares of ₹10 (Aggregating up to ₹2,000.00 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 1,25,45,21,399 shares |
| Share holding post issue | 1,36,33,64,936 shares |
| Market Maker portion |
JSW Cement Limited Timeline (Tentative Schedule)
JSW Cement Limited IPO opens on August 7, 2025, and closes on August 11, 2025.
| IPO Open Date | August 7, 2025 |
| IPO Close Date | August 11, 2025 |
| Basis of Allotment | August 12, 2025 |
| Initiation of Refunds | August 13, 2025 |
| Credit of Shares to Demat | August 13, 2025 |
| Listing Date | August 14, 2025 |
| Cut-off time for UPI mandate confirmation | August 11, 2025 |
JSW Cement Limited IPO Lot Size
Investors can bid for a minimum of 102 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 102 | Rs.14,994 |
| Retail (Max) | 13 | 1,326 | Rs.194,922 |
| S-HNI (Min) | 14 | 1,428 | Rs.209,916 |
| S-HNI (Max) | 66 | 6,732 | Rs.989,604 |
| B-HNI (Min) | 67 | 6,834 | Rs.1,004,598 |
| HNI (Min) |
JSW Cement Limited IPO Promoter Holding
| Share Holding Pre Issue | 78.62% |
| Share Holding Post Issue | 72.34% |
JSW Cement Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% |
|
| NII (HNI) Shares Offered | Not less than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
JSW Cement Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About JSW Cement Limited
Established in 2006, JSW Cement Limited is India's green cement manufacturer. As a member of the JSW Group, the organization holds a passion for sustainability and innovation within the cement sector.
The company had seven plants in the country, one integrated unit, one clinker unit, and five grinding units at 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, the installed grinding capacity of JSW Cement Limited was 20.60 MMTPA, including 11.00 MMTPA in the south, 4.50 MMTPA in the west, and 5.10 MMTPA in the east of India.
Product Portfolio:
Cement: Blended Cement and Ordinary Portland Cement
Ground Granulated Blast Furnace Slag: GGBS finds extensive applications in blended cement products like PSC and PCC and as substitute material for OPC in concrete.
Clinker: Clinker is produced by firing clay and limestone together at high temperature
Allied Cementitious Products: RMC, Screened Slag, Construction Chemicals
JSW Cement Limited has a well-connected distribution network. As of March 31, 2025, the company operated through a distribution network of 4,653 dealers, 8,844 sub-dealers, and 158 warehouses.
Competitive Strengths:
The company is the fastest growing Indian cement manufacturing company based on growth in installed grinding capacity and sales volume.
The company is India's largest GGBS manufacturer with a successful history of scaling up this business.
Well-located plants with good connections to raw material sources and major consumption centers.
Lowest carbon dioxide emission intensity amongst our peer cement-producing companies and the leading global cement-producing companies.
Large sales and distribution network in India and emphasis on robust brand.
The company enjoys its robust corporate heritage of the JSW Group and its experienced management.
Key Performance Indicator
The market capitalization of JSW Cement IPO is ₹20041.46 Cr.
| KPI | Values |
|---|---|
| ROE | -6.90 |
| ROCE | 7.05% |
| Debt/Equity | 0.98 |
| RoNW | -4.85% |
| P/BV | 6.16 |
| PAT Margin (%) | -2.77% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -1.31 | -1.20 |
| P/E (x) | -112.61 | -122.38 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 that is available in RHP.
Objects of the Issue (JSW Cement Limited IPO Objectives)
JSW Cement Limited Contact Details
JSW Cement Ltd. JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051 Phone: +91 22 4286 3114 Email: [email protected] Website: http://www.jswcement.in/ |
JSW Cement Limited IPO Registrar
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: [email protected] |