JSW Cement Ltd. IPO

JSW Cement is set to launch its Rs 3,600 crore IPO, comprising a fresh issue of Rs 1,600 crore and an offer for sale worth Rs 2,000 crore. The IPO will open for subscription from August 7 to August 11, 2025, with listing expected on BSE and NSE by August 14. The price band is fixed at Rs 139–147 per share, with a lot size of 102 shares, requiring a minimum investment of Rs 14,178 for retail investors. JM Financial is the lead manager, and Kfin Technologies is the registrar. The proceeds will support capacity expansion and debt reduction.

RHP
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DRHP
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Open Date

2025-08-07

Close Date

2025-08-11

JSW Cement Ltd. IPO Details

Check out the issue details for JSW Cement Ltd. IPO as disclosed in SEBI.

Price Band

₹ 139 - 147

Issue Size

3600 Cr.

Issue Type

Book Built

Open

2025-08-07

Close

2025-08-11

Listing Date

2025-08-14

Company Financials

You can get the following financial statements of JSW Cement Ltd. as of now.

JSW Cement IPO Details

The details about the JSW Cement IPO are as follows:

  • The issue size of the IPO is Rs 3,600.00 Cr.
  • The price band for JSW Cement IPO is Rs 139 to Rs 147.
  • The shares of JSW Cement IPO will list on BSE and NSE on 14th August 2025.
  • The latest tentative GMP of JSW Cement IPO is Rs 14.
  • The shares of JSW Cement IPO are subscribed 0.30 Times.

 

JSW Cement IPO Valuation

The approximate valuation of JSW Cement IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 147
Existing Shares (Qty) 125.45 Cr
Fresh Issue Rs 1,600.00 Cr
Market Cap Rs 20,041 Cr
EPS (FY25) Rs -1.16
Industry PE 59.71x

 

JSW Cement IPO Issue Size

JSW Cement IPO issue size is Rs 3,600.00 Cr.

Issue Amount
Fresh Issue Rs 1,600.00 Cr
Offer For Sale Rs 2,000.00 Cr

 

JSW Cement IPO Market Lot

An individual can apply for a minimum of 1 lot of 102 shares and a maximum of 13 lots (1,326 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 102 Rs 14,994
Retail Maximum 13 1,326 Rs 1,94,922

 

JSW Cement IPO Share Offer

The shares of JSW Cement IPO are subscribed 0.30 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

JSW Cement IPO GMP (Grey Market Premium)

As on GMP (Tentative)
7 August 2025 Rs 14

JSW Cement IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

JSW Cement IPO Dates

Find below the dates for JSW Cement IPO

Schedule Date
Basis of Allotment 12 Aug 2025
Refunds 13 Aug 2025
Credit to Demat Account 13 Aug 2025
IPO Listing Date 14 Aug 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 3416.77 4099.22 4770.74 5794.8 5505.47
Total Expenditure 2629.69 3373 4105.95 4906.3 4779.85
Operating Profit 787.08 726.22 664.79 888.5 725.62
Other Income 76.09 225.19 130.4 157.09 164.23
Interest 277.57 282.83 261.47 379.41 384.4
Depreciation 154.28 169.95 232.34 242.47 262.99
Exceptional Items -35.4 0 0 0 0
Profit Before Tax 395.92 498.63 301.38 423.71 242.46
Provision for Tax 138.07 174.24 51.63 202.79 140.55
Net Profit 257.85 324.39 249.75 220.92 101.91
Adjusted EPS (Rs.) 0.26 0.33 0.25 0.22 0.1

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 986.35 986.35 986.35 986.35 986.35
Total Reserves 761.89 1127.6 1397.96 1700.11 1870.24
Borrowings 1688.91 3292.63 4036.19 3522.06 4375.15
Other N/C liabilities 366.52 490.53 548.41 868.99 917.31
Current liabilities 2241.85 1848.26 2580.6 3750.85 3470.89
Total Liabilities 6045.52 7745.37 9549.51 10828.36 11619.94
Assets
Net Block 3206.07 3292.1 4344.08 4983.95 5484.28
Capital WIP 234.82 421.34 755.02 632.58 924.81
Intangible WIP 3.96 0.38 0.69 1.11 2.36
Investments 840.12 1004.81 988.32 764.88 1024.16
Loans & Advances 185.42 634.57 1046.82 950.02 1357.43
Other N/C Assets 71.36 91.83 174.08 551.67 531.95
Current Assets 1503.77 2300.34 2240.5 2944.15 2294.95
Total Assets 6045.52 7745.37 9549.51 10828.36 11619.94
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 395.92 498.63 301.38 423.71 242.46
Adjustment 436.93 250.46 559.58 751.59 684.58
Changes in Assets & Liabilities -32.62 -408.97 30.69 18.41 -113.25
Tax Paid -57.02 -68.73 -106.96 -105.01 -28.47
Operating Cash Flow 743.21 271.39 784.69 1088.7 785.32
Investing Cash Flow -467.88 -1142.24 -1455.43 -843.64 -538.43
Financing Cash Flow -286.48 944.42 584.34 -199.12 -284.7
Net Cash Flow -11.15 73.57 -86.4 45.94 -37.81
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