JSW Cement preliminary public providing (IPO) opened for subscription on August 7 and can stay open until August 11. The mainboard IPO has been subscribed over 0.56 occasions up to now.
Round 50 per cent of the shares are allotted for certified institutional consumers (QIBs), no less than 15 per cent for non-institutional traders (NIIs), and a minimal of 35 per cent of the supply is put aside for retail traders.
Established in 2009, JSW Cement is among the three fastest-growing cement producers in India primarily based on put in grinding capability and gross sales quantity from FY2015 to FY2025. In response to CRISIL, the corporate ranks among the many prime 10 cement producers within the nation when it comes to put in capability and gross sales quantity as of March 31, 2025.
JSW Cement IPO subscription standing
By the top of the second day, the JSW Cement IPO was subscribed 56 per cent general, with the retail quota booked 72 per cent, the NII section at 62 per cent, and the QIB class at 24 per cent.
On day one, the problem noticed an general subscription of 32 per cent, with the retail portion subscribed 41 per cent, the NII section at 23 per cent, and QIBs additionally receiving 23 per cent of bids.
JSW Cement IPO GMP
The shares of JSW Cement IPO is at the moment buying and selling at +9.5 within the gray market, as per market observers. Because of this the gray market premium (GMP) of JSW Cement IPO is ₹9.5.
In response to investorgain, the estimated itemizing value of JSW Cement IPO is more likely to be ₹156.5, which is 6.46 per cent greater than the IPO value of ₹147.
In response to the gray market traits noticed previously seven periods, the IPO GMP is at the moment rising and is anticipated to have a strong debut. The minimal GMP recorded is ₹0.00, whereas the utmost GMP is ₹19, as per the insights from investorgain.com consultants.
‘Gray market premium’ signifies traders’ readiness to pay greater than the problem value.
JSW Cement IPO particulars
The corporate has set a value band of ₹139–147 per share, valuing the 17-year-old agency at about ₹20,000 crore on the higher finish.
The JSW Cement IPO contains a contemporary challenge value ₹1,600 crore and an Supply-For-Sale (OFS) of ₹2,000 crore by present shareholders, and can stay open till August 11.
Underneath the OFS, Apollo Administration (by way of its affiliate AP Asia Opportunistic Holdings Pte Ltd), Synergy Metals Investments Holding Ltd, and the State Financial institution of India (SBI) will divest their stakes.
From the IPO proceeds, ₹800 crore will go in the direction of partially funding a brand new built-in cement plant in Nagaur, Rajasthan, ₹520 crore might be used for debt reimbursement, and the stability might be put aside for common company functions.
JSW Cement IPO – Evaluation
In response to Rajan Shinde, Analysis Analyst, Mehta Equities Ltd, with strong backward integration by JSW Group synergies (JSW Metal, JSW Vitality), strategically positioned crops, sturdy distribution backed by digital instruments, and long-term uncooked materials contracts, we consider firm is well-positioned to learn from rising demand for sustainable infrastructure.
“Therefore, all attributes we advocate solely danger averse traders looking for publicity to ESG-aligned progress within the cement house to “SUBSCRIBE” the JSW Cement Ltd IPO for long-term perspective solely,” mentioned Shinde.
In the meantime, AUM Capital advisable ‘subscribe to the problem’. It mentioned “JSW Cement is among the quickest rising cement manufacturing firms in India when it comes to put in grinding capability and gross sales quantity. Being the most important producer of Floor Granulated Blast Furnace Slag (GGBS) provides it a aggressive benefit. Robust branding of JSW Group as an entire is an added benefit when it comes to monetary flexibility and operational synergies.”
Disclaimer: This story is for academic functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise traders to test with licensed consultants earlier than making any funding choices.
