JSW Cement IPO: The preliminary public supply (IPO) by JSW Cement is ready to kick off this week, with State Financial institution of India as one of many prime buyers promoting shareholder.
The value band for the ₹3,600 crore JSW Cement IPO was launched earlier at present, August 4, signalling that SBI is ready to make a multibagger return on its funding within the firm. JSW Cement IPO value band has been mounted at ₹139 to ₹147.
The JSW Cement IPO is a mixture of recent share sale of ₹1,600 crore and a suggestion on the market of ₹2,000 crore, whereby SBI and two others — AP Asia Opportunistic Holding Pte and Synergy Metals Investments Holdings — need to offload stake.
How a lot will SBI make from the stake sale in JSW Cement IPO?
SBI is seeking to rake in ₹129.70 crore from its stake sale in JSW Cement IPO. India’s largest lender acquired these shares at a weighted common value of ₹65.45 apiece.
Contemplating the higher value band of the problem of ₹147, SBI will fetch 124.59% features on its funding within the firm. The shares allotted to SBI as a part of the conversion of non-cumulative redeemable optionally convertible desire shares into fairness shares. These desire shares have been allotted to SBI on July 24, 2025.
Different promoting shareholders, particularly AP Asia Opportunistic Holding Pte and Synergy Metals Investments Holdings can even make a multibagger achieve through OFS in JSW Cement to the tune of 115% and 117%, respectively.
JSW Cement IPO Particulars
JSW Cement, a part of Sajjan Jindal-promoted diversified JSW Group, will launch its IPO on August 7 with the problem set to shut on August 11.
As per draft papers, the corporate will utilise proceeds price ₹800 crore to part-finance a brand new built-in cement unit at Nagaur, Rajasthan, and ₹520 crore on prepayment or reimbursement of excellent borrowings availed by it. The remainder can be used for basic company functions.
The Mumbai-based firm slashed its IPO dimension from ₹4,000 crore to ₹3,600 crore. On the time of submitting papers, JSW Cement stated it supposed to lift ₹2,000 crore from a recent subject of fairness shares and a suggestion on the market (OFS) of ₹2,000 crore by investor shareholders.
In August 2024, JSW Cement filed preliminary IPO papers with Sebi, and later in September, the regulator stored the corporate’s proposed preliminary share-sale on maintain. On January 6, this 12 months, the regulator lastly gave its remark to drift the IPO, in keeping with a PTI report.
As of March 31, 2025, JSW Cement’s whole borrowings stood at ₹6,166.6 crore.
On the monetary entrance, the corporate’s income from operations for FY25 stood at ₹5,813.1 crore towards ₹6,028.10 crore in FY24, and ₹5,836.72 crore in FY23. The corporate reported a lack of ₹163.77 crore in FY25. Its revenue was ₹62 crore in FY24 and ₹104 crore in FY23.
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