JSW Cement IPO Subscription Status Live Updates: JSW Cement IPO gets fully subscribed on Day 3. GMP at 1%. Apply or Wait?
Economic Times |
Synopsis
JSW Cement IPO Live Updates: JSW Cement, a subsidiary of the diversified JSW Group, opened its ₹3,600 crore IPO for subscription. The public offering includes a fresh issue of ₹1,600 crore and an offer-for-sale (OFS) worth ₹2,000 crore. Priced in the range of ₹139 to ₹147 per share, the IPO will remain open until August 11. The shares are slated to list on both the NSE and BSE, with a tentative listing date of August 14.
JSW Cement, a part of the diversified JSW Group, opened its ₹3,600 crore initial public offering (IPO) for subscription
JSW Cement IPO Live Updates: JSW Cement, a part of the diversified JSW Group, opened its ₹3,600 crore initial public offering (IPO) for subscription. The offer includes a fresh equity issue of ₹1,600 crore and an offer-for-sale (OFS) worth ₹2,000 crore.
JSW Cement IPO GMP: The IPO has seen modest interest in the grey market, with a current grey market premium (GMP) of 3%, reflecting subdued listing expectations amid broader market volatility and concerns over recent financial performance.
JSW Cement IPO Price Band and Lot Size: The JSW Cement IPO is priced in a band of ₹139 to ₹147 per share. The lot size for the JSW Cement IPO is 102 shares, requiring a minimum investment of ₹14,178 for retail individual investors.
JSW Cement IPO Opening Date and Subscription: The JSW Cement IPO will be open for subscription from August 7 to August 11, 2025. The allotment of shares is expected to be finalized on Tuesday, August 12, 2025.
JSW Cement IPO GMP: The IPO has seen modest interest in the grey market, with a current grey market premium (GMP) of 3%, reflecting subdued listing expectations amid broader market volatility and concerns over recent financial performance.
JSW Cement IPO Price Band and Lot Size: The JSW Cement IPO is priced in a band of ₹139 to ₹147 per share. The lot size for the JSW Cement IPO is 102 shares, requiring a minimum investment of ₹14,178 for retail individual investors.
JSW Cement IPO Opening Date and Subscription: The JSW Cement IPO will be open for subscription from August 7 to August 11, 2025. The allotment of shares is expected to be finalized on Tuesday, August 12, 2025.
11:40:00 AM IST, 07 Sep 2025
JSW Cement IPO Live Updates: Key Financials
05:32:14 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: JSW Cement IPO subscribed over 7 times
Total: 7.77 times
Retail Individual Investors (RIIs): 1.81 times
Non Institutional Investors(NIIS): 10.97 times
Qualified Institutional Buyers (QIBs): 15.80 times
(Subscription status at 05:26 PM)
Retail Individual Investors (RIIs): 1.81 times
Non Institutional Investors(NIIS): 10.97 times
Qualified Institutional Buyers (QIBs): 15.80 times
(Subscription status at 05:26 PM)
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05:15:00 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Financials
04:45:00 PM IST, 11 Aug 2025
JSW Cement IPO GMP Live Updates: Issue Breakup
04:15:00 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Objectives of the offer
- Part financing the cost of setting up a new integrated cement unit at Nagaur, Rajasthan – ₹800 crore
- Prepayment or repayment (full or partial) of certain outstanding company borrowings – ₹520 crore
- General corporate purposes
05:31:32 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: JSW Cement IPO subscribed over 7 times
Total: 7.16 times
Retail Individual Investors (RIIs): 1.58 times
Non Institutional Investors(NIIS): 10.40 times
Qualified Institutional Buyers (QIBs): 14.47 times
(Subscription status at 03:35 PM)
Retail Individual Investors (RIIs): 1.58 times
Non Institutional Investors(NIIS): 10.40 times
Qualified Institutional Buyers (QIBs): 14.47 times
(Subscription status at 03:35 PM)
02:50:00 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Shareholding Pattern
02:20:00 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: IPO Peer Comparison
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01:50:00 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Revenue
03:44:29 PM IST, 11 Aug 2025
Subscription Status at 01:20 PM
- Total: 1.84 times
- Retail Individual Investors (RIIs): 1.20 times
- Non Institutional Investors(NIIS): 2.23 times
- Qualified Institutional Buyers (QIBs): 2.69 times
03:53:53 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: OBJECTS OF THE OFFER
- Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan (800.00Cr)
- Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company(520.00 Cr)
- General corporate purposes
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12:50:00 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Financials
01:26:50 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Fully Subscribed!
Total: 1.22 times
Retail Individual Investors (RIIs): 1.10 times
Non Institutional Investors(NIIS): 1.64 times
Qualified Institutional Buyers (QIBs): 1.11 times
Retail Individual Investors (RIIs): 1.10 times
Non Institutional Investors(NIIS): 1.64 times
Qualified Institutional Buyers (QIBs): 1.11 times
12:24:16 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Issue Details
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12:21:40 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: ABOUT COMPANY
Founded in 2009, JSW Cement is one of India’s top three fastest-growing cement manufacturers based on installed grinding capacity and sales volume from FY2015 to FY2025. According to CRISIL, as of March 31, 2025, it ranks among the top 10 cement companies in the country in terms of both installed capacity and sales volume.
12:24:23 PM IST, 11 Aug 2025
JSW Cement IPO Subscription Status Live Updates: Subscription Status at 11:00 AM
- Total: 0.80 times
- Retail Individual Investors (RIIs): 0.99 times
- Non Institutional Investors(NIIS): 1.08 times
- Qualified Institutional Buyers (QIBs): 0.24 times
10:40:22 AM IST, 11 Aug 2025
JSW Cement IPO GMP Live Updates: JSW Cement IPO: GMP at 3%; Subscription at 62% on final day — Should You Subscribe? Check key details
JSW Cement’s initial public offering (IPO) ended with a muted investor response on the third and final day of bidding. In the grey market, the stock was trading at a modest premium of ₹5–6 per share, implying a gain of about 3.4% over the upper issue price of ₹147. As of 10:05 AM on Day 3, total subscription stood at 62%, according to stock exchange data.
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09:02:12 AM IST, 11 Aug 2025
JSW Cement IPO booked 56% on Day 2
The initial public offer of JSW Cement Ltd got subscribed 56 per cent on the second day of bidding on Friday.
The initial share sale received bids for 10,19,35,638 shares against 18,12,94,964 shares on offer, according to NSE data.
Retail Individual Investors (RIIs) part fetched 72 per cent subscription, while the category for non-institutional investors got subscribed 62 per cent. Qualified Institutional Buyers (QIBs) part received 24 per cent subscription.
JSW Cement on Wednesday mobilised Rs 1,080 crore from anchor investors.
The initial share sale received bids for 10,19,35,638 shares against 18,12,94,964 shares on offer, according to NSE data.
Retail Individual Investors (RIIs) part fetched 72 per cent subscription, while the category for non-institutional investors got subscribed 62 per cent. Qualified Institutional Buyers (QIBs) part received 24 per cent subscription.
JSW Cement on Wednesday mobilised Rs 1,080 crore from anchor investors.
04:28:51 PM IST, 08 Aug 2025
JSW Cement IPO Live Updates: Growth Strategy
- Expand pan-India presence by establishing new plants in North and Central India, while scaling up operations in existing regions.
- Strengthen foothold in current markets to drive market share growth.
- Enhance operational efficiency through cost optimisation initiatives.
- Prioritise sustainable development across all business practices.
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03:30:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Key dates
IPO Open Date: Thu, Aug 7, 2025
IPO Close Date: Mon, Aug 11, 2025
Tentative Allotment: Tue, Aug 12, 2025
Initiation of Refunds: Wed, Aug 13, 2025
Credit of Shares to Demat: Wed, Aug 13, 2025
Tentative Listing Date: Thu, Aug 14, 2025
IPO Close Date: Mon, Aug 11, 2025
Tentative Allotment: Tue, Aug 12, 2025
Initiation of Refunds: Wed, Aug 13, 2025
Credit of Shares to Demat: Wed, Aug 13, 2025
Tentative Listing Date: Thu, Aug 14, 2025
02:58:06 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Subscription Status
Total: 0.49 times
Retail Individual Investors (RIIs): 0.65 times
Non Institutional Investors(NIIS): 0.47 times
Qualified Institutional Buyers (QIBs): 0.23 times
Retail Individual Investors (RIIs): 0.65 times
Non Institutional Investors(NIIS): 0.47 times
Qualified Institutional Buyers (QIBs): 0.23 times
02:29:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Return on Equity
02:10:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: PAT
01:50:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: EBIDTA
01:30:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Subscription Status at 01:30 PM
- Total: 0.45 times
- Retail Individual Investors (RIIs): 0.60 times
- Non Institutional Investors(NIIS): 0.39 times
- Qualified Institutional Buyers (QIBs): 0.23 times
01:30:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Revenue
01:10:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: OBJECTS OF THE OFFER
- Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan (800.00Cr)
- Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
- (520.00 Cr)
- General corporate purposes
12:40:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: IPO Peer Comparison
12:20:00 PM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Risks
Highly dependent on JSW subsidiaries: Can be exposed to related party transactions and conflict of interests. Declining earnings and profit margins: 163.7 cr loss in FY25.
11:58:15 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Subscription Status at 12:00 PM
- Total: 0.40 times
- Retail Individual Investors (RIIs): 0.54 times
- Non Institutional Investors(NIIS): 0.31 times
- Qualified Institutional Buyers (QIBs): 0.23 times
11:40:00 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Shareholding Pattern
11:39:50 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: JSW Cement IPO: GMP at 8%; issue subscribed 30% on Day 2 so far; should you apply?
JSW Cement’s ₹3,600 crore IPO witnessed tepid demand on Day 2, with only 32% subscription and an 8% premium in the grey market. Despite pressure on margins and a decline in profits, brokerages have issued a ‘Subscribe’ rating, highlighting the company’s robust growth potential, emphasis on sustainability, and backing from the JSW Group. Read more
11:20:00 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Issue Breakup
10:58:28 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Company Promoters
- Sajjan Jindal
- Parth Jindal
- Sangita Jindal
- Adarsh Advisory Services Private Limited
- Sajjan Jindal Family Trust
11:13:08 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Day 2 subscription status
Total: 0.32 times
Retail Individual Investors (RIIs): 0.42 times
Non Institutional Investors(NIIS): 0.23 times
Qualified Institutional Buyers (QIBs): 0.23 times
Retail Individual Investors (RIIs): 0.42 times
Non Institutional Investors(NIIS): 0.23 times
Qualified Institutional Buyers (QIBs): 0.23 times
09:50:47 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Here's how JSW group's other companies are trading
09:23:03 AM IST, 08 Aug 2025
JSW Cement IPO GMP Live Updates: Peer Comparison
08:00:00 AM IST, 08 Aug 2025
JSW Cement IPO Live Updates: Key Issue Dates
- Open Date: 07 Aug, 2025
- Close Date: 11 Aug, 2025
- Allotment Date: 12 Aug, 2025
- Listing Date: 14 Aug, 2025
07:00:00 AM IST, 08 Aug 2025
JSW Cement IPO Live Updates: Lead Managers for the IPO
- Jm Financial Limited
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- Goldman Sachs (India) Securities Private Limited
- Jefferies India Private Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
08:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Growth Strategy
- Expand pan-India presence by establishing new plants in North and Central India, along with capacity additions in current operational regions.
- Strengthen position in existing markets to increase market share.
- Enhance operational efficiency and drive cost optimization initiatives.
- Maintain strong emphasis on sustainable growth and eco-friendly practices.
07:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Valuation
- JSW Cement posted a loss in FY25, so P/E multiple is not applicable.
- The company’s price-to-sales (P/S) ratio is 3.4, within the peer range of 2.7–5.7.
- On a pre-IPO basis, enterprise value (EV) stands at 26.2 times EBITDA.
- This EV/EBITDA aligns with the peer range of 16.8–28.4 times.
06:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Company Details
Founded in 2006, JSW Cement is one of India’s top green cement manufacturers and a key part of the diversified JSW Group. Focused on sustainable, eco-friendly production, the company runs seven plants across the country, with a total installed grinding capacity of 20.6 million metric tonnes per annum (MMTPA).
05:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Key Issue Dates
Open Date: 07 Aug, 2025
Close Date: 11 Aug, 2025
Allotment Date: 12 Aug, 2025
Listing Date: 14 Aug, 2025
Close Date: 11 Aug, 2025
Allotment Date: 12 Aug, 2025
Listing Date: 14 Aug, 2025
04:31:49 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Lead Managers for the IPO
- Jm Financial Limited
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- Goldman Sachs (India) Securities Private Limited
- Jefferies India Private Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
04:31:18 PM IST, 07 Aug 2025
JSW Cement IPO GMP Live Updates: Issue Price
The issue price of the IPO is ₹139-147 per equity share.
03:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Ratios
02:40:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Cash Flows
02:20:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Balance Sheet
02:12:29 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Subscription Status at 02:10 PM
- Total: 0.22 times
- Employee Reserved: 0.00 times
- Retail Individual Investors (RIIs): 0.27 times
- Non Institutional Investors(NIIS): 0.12 times
- Qualified Institutional Buyers (QIBs): 0.23 times
02:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Income Statement
01:40:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Industry Overview
01:20:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Proposed Expansion Plans
01:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Dealer Network
12:40:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Capacity Utilization
12:20:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Sales Volume
12:00:00 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Growth Strategy
- Create pan-India footprint by setting up new plants in North and Central India, supplemented by expansions in current
- regions of operation.
- Continue to deepen presence in existing markets and grow market share.
- Improve operating efficiencies and implement cost reduction measures.
- Focus on sustainable development.
02:14:22 PM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Subscription Status at 11:50 AM
- Total: 0.14 times
- Employee Reserved: 0.00 times
- Retail Individual Investors (RIIs): 0.18 times
- Non Institutional Investors(NIIS): 0.08 times
- Qualified Institutional Buyers (QIBs): 0.00 times
11:20:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Post Issue @ Upper Price Band
11:00:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Subscription Status at 11:00 AM
- Total: 0.05 times
- Employee Reserved: 0.00 times
- Retail Individual Investors (RIIs): 0.08 times
- Non Institutional Investors(NIIS): 0.04 times
- Qualified Institutional Buyers (QIBs): 0.00 times
11:00:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Shareholding Pattern
10:54:28 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: GMP at 4%; subscribed 2% on Day 1; should you apply? Check key details
JSW Cement's initial public offering (IPO) opened for subscription today, August 7. In the grey market, the shares are trading at a modest premium of ₹6–7 per share, indicating a 4% gain over the issue price of ₹147. The IPO received a tepid response in the early hours, with overall subscription reaching only 2% within the first 30 minutes. Investors have until Monday, August 11, to subscribe to the three-day offer.
10:39:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Object of the Issue
10:17:23 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Issue Details
10:10:36 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: JSW Cement's Rs 3,600 cr IPO opens for subscription; GMP at 3%. Should you apply?
JSW Cement, a subsidiary of the diversified JSW Group, has launched its ₹3,600 crore initial public offering (IPO) today. The IPO includes a fresh issue of shares worth ₹1,600 crore and an offer-for-sale (OFS) component of ₹2,000 crore. The subscription window will remain open until August 11. Read more
09:40:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Valuation
Since JSW Cement reported a loss in FY25, the price-to-earnings (P/E) multiple is not applicable. However, the price-to-sales (P/S) ratio stands at 3.4, compared to a range of 2.7–5.7 for listed peers. On a pre-IPO basis, the company’s enterprise value (EV) is 26.2 times its EBITDA, aligning with the peer range of 16.8–28.4 times.
09:20:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Financials
In FY25, JSW Cement’s revenue from operations declined by 3.6% year-on-year to ₹5,813.1 crore, while EBITDA fell 21.4% to ₹864.2 crore. The company reported a net loss of ₹163.8 crore, compared to a net profit of ₹62 crore in FY24. Key factors contributing to the loss include fair value losses on financial instruments (CCPS), weak performance by subsidiaries, and adjustments related to the employee stock option plan (ESOP).
09:05:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: JSW Cement raises Rs 1,080 crore from anchors
Ahead of its IPO, JSW Cement raised ₹1,080 crore from 52 anchor investors, including SBI Multicap Fund and BlackRock Emerging Frontiers Master Fund. The company allotted 7.34 crore shares at ₹147 apiece.
08:50:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: JSW Cement IPO Opening Date and Subscription
The JSW Cement IPO will be open for subscription from August 7 to August 11, 2025. The allotment of shares is expected to be finalized on Tuesday, August 12, 2025.
08:35:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: JSW Cement IPO Price Band and Lot Size
The JSW Cement IPO is priced in a band of ₹139 to ₹147 per share. The lot size for the JSW Cement IPO is 102 shares, requiring a minimum investment of ₹14,178 for retail individual investors.
08:20:00 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Should you subscribe?
JSW Cement IPO Live Updates: Canara Bank Securities has given a “Subscribe” rating to the IPO, citing its strong positioning in the green cement and infrastructure space. However, the brokerage cautions that short-term investors may face limited upside due to the IPO’s high valuation, recent financial loss, and regulatory concerns related to promoter entities.
08:05:47 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Risk Factors
- Reported Loss in FY25 Raises Investor Concerns
- Operates in a Highly Competitive Industry Prone to Price Wars
- Subject to Cyclical Fluctuations in Cement Demand
- Elevated Debt Levels Weighing on Profitability
08:04:53 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Objects of the IPO
- Setting up a new integrated cement unit in Nagaur, Rajasthan (₹800 Cr)
- Repayment/prepayment of some borrowings (₹520 Cr)
- General corporate purposes
08:04:02 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: Company Details
Established in 2006, JSW Cement is among India’s leading green cement producers and a part of the diversified JSW Group. The company emphasizes sustainable, eco-friendly manufacturing and operates seven plants nationwide, with a total installed grinding capacity of 20.6 million metric tonnes per annum (MMTPA).
08:15:13 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: JSW Cement IPO GMP
The IPO has seen modest interest in the grey market, with a current grey market premium (GMP) of 3%, reflecting subdued listing expectations amid broader market volatility and concerns over recent financial performance.
08:00:15 AM IST, 07 Aug 2025
JSW Cement IPO Live Updates: JSW Cement IPO opens for subscription today; GMP at 3%. Should you apply?
JSW Cement IPO Live Updates: JSW Cement has launched its ₹3,600 crore IPO today, comprising a fresh issue and an offer for sale. The price band is set between ₹139 and ₹147 per share. The issue will remain open until August 11, with listing expected on the NSE and BSE on August 14. Proceeds from the IPO will be used to fund a new cement plant and repay debt. Read more