JSW IPO Allotment Status Online-Date, GMP LiveUpdates: Check your JSW Cement IPO allotment status as share listing nears on August 14 – stay updated on your investment!
The allotment process of JSW Cement was finalised August 12, just a day after the bidding window closed. The Rs 3,600 crore public issue ran from August 7 to August 11.
Let’s take a look at the key details of the issue –
- 1 Subscription numbers
- 2 What brokerage say
- 3 Listing date and price band
- 4 How the funds will be used
- 5 Key players of the issue
- 6 About the company
- 7 JSW Cement IPO Overall Subscription Status
- 8 JSW Cement IPO Allotment Status Live: Updated GMP
- 9 JSW Cement IPO Allotment Status Live: Updated GMP
- 10 JSW Cement IPO Allotment Status Live: About the company
- 11 JSW Cement IPO Allotment Status Live: Price band
Subscription numbers
The IPO saw overall subscription of 7.77 times. The qualified institutional buyers (QIBs) led the charge, bidding 15.80 times their reserved quota.
Non-institutional investors (NIIs) portion received 10.97 times subscription. Similarly, the retail investors booked 1.81 times of their share.
What brokerage say
“We believe JSW cement with its strong brand, core focus on growing GGBS product line across the North region as well giving the competitive advantage of increasing market share, strategic growth plans in grinding capacity, ease in supply & distribution and alignment with India’s sustainable infrastructure push going forward we may see profitability and returns in long run therefore, we recommend a ‘subscribe For Long Term’ rating to the issue,” Anand Rathi said.
Religare Broking acknowledged the elevated pricing but backed the company’s fundamentals: “The valuation is a bit on the higher side on a relative basis but seeing the company’s track record and strong promoter group, we recommend a Subscribe rating for long-term investors.”
With institutional investors like SBI already banking substantial gains and the cement sector facing ongoing margin pressures, JSW Cement’s market debut will test whether premium valuations can be sustained in a challenging operating environment.
Listing date and price band
JSW Cement shares are set to make their debut on BSE and NSE on August 14. The IPO was priced in a Rs 139 to Rs 147 per share range, with investors needing to apply for at least 102 shares, an investment of Rs 14,718 at the upper end of the band.
How the funds will be used
Out of the total Rs 3,600 crore, the fresh issue component of Rs 1,600 crore will fund a new integrated cement unit in Nagaur, Rajasthan, repay certain borrowings, and support general corporate needs. The remaining Rs 2,000 crore came via an offer for sale by existing shareholders.
Key players of the issue
The book-running lead managers for the IPO were Axis Capital, Kotak Mahindra Capital Company, ICICI Securities, HSBC Securities and Capital Markets, and IIFL Securities. KFin Technologies is handling the share allotment process.
About the company
JSW Cement, part of the JSW Group, has emerged as one of India’s fastest-growing cement makers and holds a dominant 84% market share in Ground Granulated Blast Furnace Slag (GGBS). In FY25, it sold 7.09 million tonnes of cement and 5.2 million tonnes of GGBS, operating at 63% grinding capacity and 84% clinker capacity.
JSW Cement IPO Overall Subscription Status
[14 August, 2025, End of the day]
| Investor Category | Subscription (Times) |
| Qualified Institutional Buyers(QIBs) | 15.80 |
| Non-Institutional Investors | 10.97 |
| Retail Individual Investors(RIIs) | 1.81 |
| Total | 7.77 |
Live Updates
JSW Cement IPO Allotment Status Live: Updated GMP
JSW Cement IPO’s latest GMP is Rs 4.5, as of August 13, 2025, 08:54 PM. Based on the price band of Rs 147.00, the estimated listing price is Rs 151.5 (cap price plus today’s GMP). This translates to an expected gain of 3.06% per share.
JSW Cement IPO Allotment Status Live: Updated GMP
JSW Cement IPO’s latest GMP is Rs 4.75, as of August 13, 2025, 07:32 PM. Based on the price band of Rs 147.00, the estimated listing price is Rs 151.75 (cap price plus today’s GMP). This translates to an expected gain of 3.23% per share.
JSW Cement IPO Allotment Status Live: About the company
JSW Cement Limited, established in 2006 as part of the JSW Group, is a leading producer of green cement in India with a strong focus on sustainability and innovation. The company operates seven plants nationwide, including an integrated unit in Nandyal (Andhra Pradesh), a clinker unit under majority-owned Shiva Cement Limited in Odisha, and five grinding units in Vijayanagar (Karnataka), Salem (Tamil Nadu), Dolvi (Maharashtra), Salboni (West Bengal), and Jajpur (Odisha).
As of March 31, 2025, JSW Cement’s installed grinding capacity stood at 20.60 million metric tonnes per annum (MMTPA), comprising 11.00 MMTPA in the southern region, 4.50 MMTPA in the western region, and 5.10 MMTPA in the eastern region.
JSW Cement IPO Allotment Status Live: Price band
The JSW Cement IPO price band is set at Rs 147.00 per share. The lot size for an application is 102 shares. The minimum investment required for a retail investor is Rs 14,178 (102 shares). For a small and medium-sized institutional investor (sNII), the lot size is 14 lots (1,428 shares), amounting to Rs 2,09,916. For a big institutional investor (bNII), the lot size is 67 lots (6,834 shares), amounting to Rs 10,04,598
JSW Cement IPO Allotment Status Live: Financial data
JSW Cement’s revenue decreased by 3% and profit after tax (PAT) dropped by 364% between the financial year ending on March 31, 2025, and March 31, 2024.