JSW Cement has finalized its preparations for its Initial Public Offering (IPO). The IPO will open to the public on August 7th and will be available for investment until August 11th. The total size of this IPO is ₹3600 crore, which includes a fresh issue (new equity) of ₹1600 crore and an offer for sale (OFS) of ₹2000 crore, through which existing shareholders will sell their shares.
Earlier, the company had planned to raise ₹4000 crore, but this has been reduced to ₹3600 crore in recent documents.
Anchor Investors' Bidding on August 6th
While general investors will have the opportunity to invest in the IPO from August 7th, large investors, i.e., anchor investors, will be able to bid on August 6th itself. This is a type of primary process that determines how much initial interest the IPO is receiving from the market.
Who is Selling Shares in Which Portion
In the OFS (Offer For Sale) portion of this IPO, several major investors are going to sell their shares.
- Apollo Management will sell shares worth approximately ₹931.80 crore through its affiliate company AP Asia Opportunistic Holdings Pvt Ltd.
- Synergy Metals Investments Holdings Ltd will sell shares worth ₹938.50 crore.
- SBI (State Bank of India) will also offer shares worth ₹129.70 crore in this IPO.
Where Will the Money from the IPO be Used
JSW Cement will use ₹800 crore from the amount raised in this IPO to establish a new integrated cement unit in the Nagaur district of Rajasthan. This unit is considered a major step in terms of increasing the company's production capacity.
In addition, the company will use approximately ₹520 crore to repay or prepay its old debts. This will strengthen the company's balance sheet and may reduce interest costs. The remaining amount will be used by the company for its corporate needs.
Mumbai-Based Company, Unit of Jindal Group
JSW Cement is the cement division of the JSW Group, led by Sajjan Jindal. This company is producing cement in many parts of the country and now wants to execute even bigger plans by listing on the stock market through this public issue.
Based in Mumbai, this company has already raised a substantial amount of money through private funding and is now ready to sell shares publicly.
NSDL IPO Also Received Tremendous Response
There is a lot of activity in the IPO market at this time. The recent IPO of NSDL, i.e., National Securities Depository Limited, was subscribed 41 times.
A total of 144 crore shares were bid for in this issue, compared to 3.5 crore shares on offer. The Qualified Institutional Buyers (QIB) segment received the highest subscription, with 103.97 times bidding. The Non-Institutional Investors segment was subscribed 34.98 times, and the Retail Investors segment received a response of 7.73 times.
NSDL had already raised ₹1201 crore from its anchor investors. The price band for this IPO was kept at ₹760 to ₹800 per share.
Positive Sentiment in the IPO Market
Investors have shown considerable enthusiasm for IPOs in the Indian stock market in the past few months. Many companies are going public, considering growth, fundamentals, and brand value, and investors are also investing heavily in them.
JSW Cement's IPO is coming at a time when there is good liquidity in the market and growth prospects are visible in the sector. The cement sector is getting a big boost from the infrastructure boom and real estate growth.
If you also want to invest in JSW Cement's IPO, then log in to your trading app like Zerodha, Upstox, Groww, Paytm Money, or Angel One and go to the IPO section.
You can bid through your UPI between August 7th and August 11th. For this, you must have a PAN, Demat account, and bank account.
Key Highlights of the IPO at a Glance
- Company Name: JSW Cement
- IPO Open Date: August 7, 2025
- IPO Close Date: August 11, 2025
- Anchor Bidding: August 6
- Total Issue Size: ₹3600 crore
- Fresh Issue: ₹1600 crore
- Offer For Sale (OFS): ₹2000 crore
- Use of Proceeds: New plant, debt repayment, corporate needs
- Promoter: Sajjan Jindal's JSW Group
Good expectations are being held for this IPO of JSW Cement in the market, and it remains to be seen how it is received.