JSW Cement Shares Listed with a Modest 4% Premium on NSE and BSE

On August 14, 2025, the shares of JSW Cement made a modest debut on the stock exchanges after a successful IPO bidding. JSW Cement shares got listed at ₹153.50 on the NSE, reflecting a 4.42% premium over the issue price of ₹147. On the BSE, the stock opened slightly lower at ₹153, still marking a 4% gain.

JSW Cement's initial public offering (IPO), which was open for subscription from August 7 to August 11, saw strong investor demand, garnering an overall subscription of 7.77 times. The IPO attracted over 12.75 lakh applications.

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

JSW Cement IPO Highlights

• Price Band: ₹139–₹147
• Face Value: ₹10 per share
• Lot Size: 102 shares
• Total Issue Size: ₹3,600 crore (Fresh issue of ₹1,600 crore and Offer for sale o f ₹2,000 crore

Following the IPO, the promoter group’s stake in JSW Cement will reduce from 78.61% to 72.33%. Key selling shareholders in the offer for sale included AP Asia Opportunistic Holdings Pte. Ltd, Synergy Metals Investments Holding, and the State Bank of India.

Also Read: Upcoming IPO: Fractal Analytics Files DRHP with SEBI for ₹4,900 Crore IPO

Use of Proceeds

• ₹800 crore to fund a new integrated cement facility in Nagaur, Rajasthan
• ₹520 crore for debt repayment
• Balance to be allocated for general corporate purposes

About JSW Cement Limited

Founded in 2009 and headquartered in Mumbai, JSW Cement is recognised as one of India’s fastest-growing cement companies. Between FY2015 and FY2025, it is among the top three in terms of installed grinding capacity and sales volume growth. According to CRISIL, as of March 31, 2025, the company ranks within the top 10 cement producers in India by both installed capacity and sales volume.

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