The JSW Cement IPO oversubscribed by a remarkable 7.77 times on its closing day—reflecting robust investor enthusiasm and confidence in the cement maker’s growth trajectory.
Details & Response Breakdown
- The ₹3,600 crore IPO, which opened on August 7 and concluded on August 11, 2025, witnessed strong demand across investor categories.
- Qualified Institutional Buyers (QIBs) led with a staggering 15.80× oversubscription, followed by Non-Institutional Investors (NIIs) at 10.97×, and Retail Investors (RIIs) at 1.81×.
Grey Market Premium (GMP) & Market Sentiment
The grey market projected a modest premium of Rs 2–4 per share, indicating a likely 1–2.9% listing gain over the upper band price of ₹147
Allotment & Next Steps
- The allotment process is being finalized on August 12, with allotment status available via KFin Technologies, BSE, and NSE platforms.
- Shares will begin to reflect in demat accounts on August 13, followed by listing on BSE and NSE on August 14, 2025.
Why It Matters
- JSW Cement is poised to become one of the faster-growing cement players in India, backed by the JSW Group’s strong infrastructure corridors and lower CO₂ emission intensity.
- The successful IPO underscores investor faith amid India’s infrastructure-led growth and housing momentum.Reuters
