JSW Cement Lists at 4.4% Premium

Mumbai, 14 August 2025: JSW Cement Ltd’s stock listed today  at 4.4% premium over its IPO price. The shares opened at ₹153 on BSE, up 4.08%, and ₹153.50 on NSE, up 4.42% from the issue price of ₹147.

JSW Cement IPO was Subscribed 8.22 Times with Retail Interest at 1.91x, Institutional Demand Robust

The ₹3,600 crore IPO, which included a fresh issue of ₹1,600 crore and an offer for sale of ₹2,000 crore, was open from 7 to 11 August 2025. The retail portion was subscribed 1.91 times, non-institutional investors (NII) subscribed 11.60 times, and qualified institutional buyers (QIBs) subscribed 16.71 times.

JSW Cement to Use IPO Proceeds for Rajasthan Unit, Debt Repayment, and Corporate Purposes

JSW Cement will allocate ₹800 crore from the IPO proceeds to partially finance a new integrated cement unit at Nagaur, Rajasthan. ₹520 crore will be used for prepayment or repayment of certain borrowings, either in full or in part, and the remaining ₹226.8 crore will be directed towards general corporate purposes, including strengthening operational and strategic initiatives.

Headquartered in Mumbai, JSW Cement operates as part of the diversified JSW Group. The company manufactures eco-friendly cement and manages seven manufacturing facilities across India. As of 31 March 2025, its total installed grinding capacity reached 20.60 million tonnes per annum (MMTPA), distributed across southern (11 MMTPA), western (4.5 MMTPA), and eastern (5.1 MMTPA) regions.

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Source : NSE