The allotment of JSW Cement’s initial public offering (IPO) was finalised on August 12, 2025. The ₹3,600 crore IPO, which was open from August 7 to August 11, 2025, received a tremendous response, with applications for over 140 crore shares against the 18 crore shares on offer. That is, demand exceeded supply by 7.77 times! The shares will be listed on August 14, 2025.
All eligible investors can check JSW Cement IPO allotment status online or Demat Account, and Bank Account. The complete process is given below.
JSW Cement IPO Overview
- Issue Size: ₹3,600 crore (₹1,600 crore fresh issue + ₹2,000 crore offer for sale)
- Price Band: ₹139 – ₹147 per share
- Final Issue Price: ₹147 per share
- Lot Size: 102 shares (Minimum retail investment ~₹14,178)
- Bidding Dates: August 7 to August 11, 2025
- Subscription: Overall 7.77 times subscribed
- Anchor Investors: ₹1,080 crore raised before the IPO opened
- Registrar: KFin Technologies Ltd.
JSW Cement IPO Date
| Event | Date |
|---|---|
| IPO Opening Date | August 7, 2025 |
| IPO Closing Date | August 11, 2025 |
| Basis of Allotment Finalisation | August 12, 2025 |
| Refunds Initiation / Shares Credit to Demat | August 13, 2025 |
| Listing Date (BSE & NSE) | August 14, 2025 |
About the JSW Cement IPO
JSW Cement offered shares at ₹139 to ₹147 each, with a minimum lot of 102 shares (costing around ₹14,994 at the top price). The IPO had two parts:
- ₹1,600 crore of new shares to fund growth.
- ₹2,000 crore of shares sold by existing owners (Offer for Sale).
The money from new shares will be used to:
- Build a new cement factory in Nagaur, Rajasthan (₹800 crore).
- Pay off company debts (₹520 crore).
- General business needs (rest of the funds).
JSW Cement manufactures various types of cement, such as Concryl HD and Portland Slag Cement, and has factories in West Bengal, Maharashtra, Karnataka, Odisha, and Andhra Pradesh. It can produce 20.6 million tonnes of cement per year, making it a major player in India’s construction industry.
How to Check JSW Cement IPO Allotment Status
Investors can check JSW Cement IPO allotment status if they have received shares from August 12, 2025. The shares will be added to the demat accounts, and for those who have not received shares, refunds will start from August 13, 2025. Here’s how to check:
1. On KFin Technologies Website
- Go to official website – ipostatus.kfintech.com.
- Select “JSW Cement Limited.”
- Enter your PAN, Application Number, or Demat Account Number.
- Enter the captcha code and click “Submit.”
2. On BSE Website
- Visit the official website of BSE India – bseindia.com/investors/appli_check.aspx.
- Choose “Equity” and “JSW Cement Limited.”
- Enter your Application Number or PAN.
- Complete the captcha and click “Search.”
3. On NSE Website
- Go to the official website of NSE India IPO portal – nseindia.com/invest/check-trades-bids-verify-ipo-bids.
- Select “JSW Cement” (symbol: JSWCEMENT).
- Enter your Application Number and PAN, then click “Submit.”
4. Through Demat Account
Follow the process to check the JSW Cement IPO Allotment Status online.
- You can call your broker or log in to your Demat Account or Trading Account.
- Now, check whether the stock has been credited in your account or not. If you have the allotment, then the credited shares will be reflected in the demat account.
5. Through Bank Account
- Log in to your bank account where you applied for JSW Cement IPO Application Status.
- Check the Balance Tab.
- If you have received the allotment, then the amount will be debited.
- If in case, your allotment is not accepted then the amount will be released.
For help, contact KFin Technologies at 040-67162222 or jswcement.ipo@kfintech.com.
Grey Market Premium (GMP) and Listing Price
The grey market premium (GMP) was ₹4.25 on August 12, 2025. This means the shares could list at around ₹151.25 (₹147 + ₹4.25), which is 2.89% higher than the highest price. But the GMP is not official, so don’t rely on it alone. The market can be unpredictable, so do your research.
Gaurav Garg, an expert at Lemon Markets Desk, said, “The IPO saw good interest, but low GMP indicates modest upside at the time of listing. JSW Cement is a solid long-term bet due to India’s infrastructure growth, but its recent losses mean you should be cautious.”
When and Where Shares Will JSW Cement IPO List
JSW Cement shares will be listed on BSE and NSE on August 14, 2025. If you get shares, you can sell them on the day of listing or hold them for the future depending on market conditions.
Investors Key Point
- Allotment Probability: Retail investors had a 1 in 33 chance of getting shares due to high demand (1.81 times subscription).
- Company Financials: In 2025, JSW Cement earned ₹5,914.67 crore but incurred a loss of ₹163.77 crore, while in 2024 it reported a profit of ₹62.01 crore. Take a long-term view while investing.
- Growth Plans: The new plant and debt repayment show that JSW Cement plans to grow and remain strong.
- Risks: Low GMP and recent losses mean the stock price won’t move much initially. Talk to a financial advisor before making a decision.
- What to do: If you get shares, you can sell on the day of listing for an immediate profit or hold them for long-term growth if you have faith in the company.
About JSW Cement
JSW Cement is a leading cement manufacturer in India with an annual production capacity of 20.6 million tonnes. It has seven plants spread across India and is well positioned to grow rapidly in India’s construction sector. The IPO was managed by top firms such as JM Financial, Axis Capital and Kotak Mahindra Capital, and KFin Technologies was the registrar.
Final Thoughts
The JSW Cement IPO allotment is out, and the listing is set for August 14, 2025. While the GMP suggests a small gain, the company’s role in India’s infrastructure makes it worth considering for long-term investors. Check your allotment status, keep an eye on market trends, and talk to a financial advisor before deciding what to do. For updates, visit BSE, NSE, or KFin Technologies websites.
Disclaimer: This article is for information only and not financial advice. Do your own research or consult a professional before investing. Grey market premiums are unofficial and not guaranteed.
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