JSW Cement IPO allotment to be finalised today. Check status, GMP and other details

JSW Cement will finalise the basis of allotment for its Rs 3,600 crore IPO, with investors able to check whether they have secured shares in the issue. The IPO, which ran from August 7 to August 11, 2025, saw a healthy overall subscription of 7.7 times, led by robust demand from institutional investors.

The qualified institutional buyers (QIB) category was subscribed 15.8 times, non-institutional investors (NII) 10.97 times, while the retail portion managed 1.81 times subscription.

In the grey market, JSW Cement shares are quoting at a modest premium of around 4% over the issue price, signalling cautious optimism ahead of listing.

How to check allotment status

Applicants can verify their allotment status through the registrar, Kfin Technologies.

Visit the Kfintech IPO allotment status page (https://ipostatus.kfintech.com/).

Select ‘JSW Cement’ from the dropdown list.

Enter your PAN number, application number, or DP/Client ID.

Click ‘Search’ to view your allotment details.

Investors can also check their IPO allotment status through the BSE website

Go to https://www.bseindia.com/investors/appli_check.aspx

Select “Equity” and “JSW Cement” from the dropdowns.

Enter your application number and PAN.

Click “Search” to check your status.

Refunds for unallotted applications and credit of shares to successful investors’ demat accounts are expected on August 13. The stock is scheduled to list on both the BSE and NSE on August 14.

JSW Cement, part of the JSW Group, is a major manufacturer of green cement, operating seven plants across India with an installed grinding capacity of 20.6 million tonnes per annum.

The IPO comprised a fresh issue of 10.88 crore shares worth Rs 1,600 crore and an offer for sale of 13.61 crore shares worth Rs 2,000 crore by the promoters. The price band was set at Rs 139–147 per share, with a lot size of 102 shares.

Proceeds from the fresh issue will be used to part-finance a new integrated cement unit at Nagaur, Rajasthan, prepay or repay certain borrowings, and for general corporate purposes.

Given the company’s recent financial performance — including a loss in FY25 after two profitable years — market watchers believe listing-day moves could depend heavily on broader market sentiment and investor outlook on the cement sector.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)