JSW Cement IPO Allotment To Be Finalised Today; How To Check Allotment Status

Mumbai, 12 August 2025: The allotment process for JSW Cement Limited’s ₹3,600 crore initial public offering (IPO) is expected to be finalised today, following the completion of the bidding process. The IPO, which was priced between ₹139 and ₹147 oper share, included a ₹1,600 crore fresh issue and an ₹2,000 crore offer for sale (OFS).

Shares of JSW Cement Limited are scheduled to list on both the BSE and the NSE on Thursday, August 14, 2025.

7.77 times subscription applications were received

The IPO received bids for 1,40,93,19,924 equity shares against an offer size of 18,12,94,964 shares, translating into a subscription of 7.77 times. The subscription details for different investor categories were as follows:

• Qualified Institutional Buyers (QIBs): 15.80 times
• Non-Institutional Investors (NIIs): 10.97 times
• Retail Individual Investors (RIIs): 1.81 times

Utilisation of IPO proceeds: Capacity Expansion and Debt Reduction

Out of the total amount raised, ₹800 crore will be used to partly finance a new integrated cement plant in Rajasthan. Another ₹520 crore will be used for repayment of debt, while the remaining amount will be used for general corporate purposes. This allocation of funds is expected to enhance the operational ability of the firm as well as improve its balance sheet.

How and Where Investors Can Check JSW Cement IPO Allotment Status

Investors can check their allotment status from the National Stock Exchange (NSE), BSE, and IPO registrar KFin Technologies.

1. Visit KFinTech IPO Status Portal
2. Choose any one of the five available servers.
3. Select ‘JSW Cement Limited’ from the IPO dropdown menu.
4. Provide details using PAN, IPO application number, or Demat account number.
5. Click ‘Submit’.

On NSE:

1. Visit NSE IPO Bid Details.
2. Click on ‘Equity & SME IPO bid details’.
3. Choose ‘JSW Cement’ (symbol: JSWCEMENT).
4. Enter the application number and PAN details.
5. Click ‘Submit’.

On BSE:

1. Visit the BSE IPO Application Check.
2. Select ‘Issue Type’ as Equity.
3. Choose ‘JSW Cement Ltd.’
4. Enter application number or PAN.
5. Click on ‘Search’.

JSW Cement: Green cement manufacturer with pan-India presence

Headquartered in Mumbai, JSW Cement Ltd is a leading manufacturer of green cement in India, operating seven plants across the country. The company’s focus on sustainable manufacturing aligns with the growing demand for eco-friendly construction materials.