Introduction
JSW Cement Restricted is tapping the first markets with its Preliminary Public Providing (IPO), opening for subscription on August 7, 2025. As a part of the reputed JSW Group, this IPO has garnered consideration from buyers on the lookout for alternatives in India’s rising infrastructure and development house. However do you have to spend money on JSW Cement IPO or give it a go? Let’s do an in depth JSW Cement IPO Overview and Evaluation.
About JSW Cement Ltd
Integrated in 2006, JSW Cement is certainly one of India’s main inexperienced cement producers and a part of the diversified JSW Group. The corporate focuses on sustainable and environment-friendly cement manufacturing and operates 7 vegetation throughout India with an put in grinding capability of 20.6 MMTPA.
Its product portfolio contains Blended Cement, Extraordinary Portland Cement, GGBS, Clinker, and allied development chemical compounds. JSW Cement is India’s largest producer of GGBS and enjoys a powerful distribution community with over 13,000 sellers and sub-dealers.
Aggressive Strengths
- Quickest rising cement firm in India by capability and quantity
- India’s largest producer of GGBS
- Effectively-located vegetation close to key markets and uncooked supplies
- Among the many lowest CO2 emitters within the cement sector
- Robust gross sales and distribution backed by JSW Group model
- Skilled administration staff
JSW Cement IPO Subject Particulars
- IPO Opening Date: August 7, 2025
- IPO Closing Date: August 11, 2025
- Itemizing Date (Tentative): August 14, 2025
- Face Worth: ₹10 per share
- Worth Band: ₹139 to ₹147 per share
- Lot Measurement: 102 shares
- Minimal Funding (Retail): ₹14,994
- Whole Subject Measurement: ₹3600 Crores
- Contemporary Subject: ₹1600 Crores
- OFS: ₹2000 Crores
- Itemizing at: BSE, NSE
- Lead Managers: JM Monetary, Axis Capital, Citigroup, Kotak, SBI Capital, and so forth.
Financials of the Firm
Monetary Yr | Whole Earnings (₹ Cr) | PAT (₹ Cr) | EBITDA (₹ Cr) | Internet Value (₹ Cr) |
---|---|---|---|---|
FY 2023 | 5,982 | 104 | 827 | 2,292 |
FY 2024 | 6,115 | 62 | 1,036 | 2,465 |
FY 2025 | 5,915 | -164 | 815 | 2,353 |
- Sharp drop in profitability in FY25 raises concern
- Debt stands at ₹6,167 Cr; Debt/Fairness at 0.98
- Return ratios (ROE -6.9%, ROCE 7.05%) not engaging
Objects of the IPO
- Organising a brand new built-in cement unit in Nagaur, Rajasthan (₹800 Cr)
- Reimbursement/prepayment of some borrowings (₹520 Cr)
- Normal company functions
Valuation and P/E Comparability
Particulars | EPS (₹) | P/E (x) | Worth/Guide (x) |
---|---|---|---|
Pre-Subject | -1.31 | -112.61 | 6.16 |
Submit-Subject | -1.20 | -122.38 | – |
In comparison with listed friends, JSW Cement’s financials and valuation seem costly. Losses in FY25 make conventional P/E comparability much less significant.
Gray Market Premium (GMP)
As of August 5, 2025, JSW Cement IPO GMP is reported at ₹5-8 per share, indicating a light itemizing acquire. Nevertheless, GMP is risky and shouldn’t be the only real standards for funding.
Causes to Spend money on JSW Cement IPO
- A part of JSW Group, which brings model belief and company energy
- Robust market presence with largest GGBS manufacturing
- Lengthy-term infrastructure and housing progress to spice up cement demand
- Proceeds to broaden capability and scale back debt
Danger Components
- Reported loss in FY25 raises crimson flags
- Extremely aggressive business with value wars
- Cyclical nature of cement demand
- Excessive debt burden affecting profitability
Learn how to Apply for JSW Cement IPO?
You possibly can apply for JSW Cement IPO by way of:
- UPI-based ASBA by your buying and selling account
- Internet banking (ASBA) by banks like ICICI, HDFC, SBI, and so forth.
- By cellular buying and selling apps (Zerodha, Groww, Upstox)
JSW Cement IPO Overview – Ought to You Subscribe or Keep away from?
JSW Cement is backed by a reputed group and has a powerful distribution community and inexperienced cement footprint. Nevertheless, the sharp fall in profitability in FY25 and destructive EPS elevate valuation considerations.
Excessive-risk buyers with long-term horizon could take into account making use of. Conservative buyers could await post-listing efficiency.
FAQs about JSW Cement IPO
1. What’s JSW Cement IPO Date?
IPO opens on August 7 and closes on August 11, 2025.
2. What’s JSW Cement IPO Worth Band?
Worth band is ₹139 to ₹147 per fairness share.
3. What’s JSW Cement IPO GMP at this time?
GMP is within the vary of ₹5 to ₹8 per share as of August 5, 2025.
4. What’s JSW Cement IPO lot dimension and minimal funding?
Lot dimension is 102 shares. Minimal funding is ₹14,994.
5. What are JSW Cement IPO Objects of the Subject?
To arrange new plant in Rajasthan, repay borrowings, and for basic company functions.
6. Who’re the promoters of JSW Cement?
Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory, and Sajjan Jindal Household Belief.
7. How is the monetary efficiency of JSW Cement?
Firm posted income in FY23 and FY24 however a loss in FY25 because of business headwinds.

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