On August 18, 2025, JSW Cement's stock price surged nearly 4% in early trade after the listing of the IPO.
JSW Cement's IPO, which closed on August 11, 2025, garnered substantial interest, with the IPO subscribed 8.22 times. The public issue subscribed 1.91 times in the retail category, 16.71 times in QIB, and 11.60 times in the NII category by August 11, 2025.
The IPO comprised a fresh issue of 10.88 crore equity shares totalling ₹1,600 crore and an offer for sale (OFS) of 13.61 crore shares amounting to ₹2,000 crore by the promoters, amounting to a cumulative size of ₹3,600 crore. Proceeds from the fresh issue are earmarked for developing an integrated cement unit at Nagaur, Rajasthan, repaying existing borrowings, and funding general corporate expenditures. Funds from the OFS will be directed to existing shareholders.
Read More: JSW Cement IPO Lists, SBI Books 125% Returns with ₹78 Crore Profit Before Listing!
Recognised as a leader in green cement manufacturing in India, JSW Cement operates 7 plants and maintains an installed grinding capacity of 2.06 crore tonnes annually. The company’s diverse portfolio includes blended cement, ordinary Portland cement, GGBS, clinker, and various allied products. Distribution is supported through more than 4,600 dealers, 8,900 sub-dealers, and 158 warehouses spread across the country.
On August 18, 2025, JSW Cement share price opened at ₹148 on NSE, above the previous close of ₹146.07. During the day, it surged to ₹151.68 and dipped to ₹143.95. The stock is trading at ₹150.15 as of 12:17 PM. The stock registered a significant gain of 2.79%.
JSW Cement’s successful IPO and corresponding market response highlight investor confidence in its eco-friendly product line and robust expansion plans. The 4% rise in early trade reflects a positive outlook supported by strong fundamentals and market interest.
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Published on: Aug 18, 2025, 3:11 PM IST
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