JSW Cement IPO GMP, Open Date, Price Band, Allotment Status

JSW Cement IPO open date is on 20 January to 22 January 2025 (Tentative). This new IPO is a book-built issue of Rs 4,000 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 2,000 crore and OFS is of Rs 2,000 crore.

JSW Cement IPO price band expected is Rs 325 to Rs 327 per share. As of now, JSW Cement IPO GMP is 27 indicates mild bullish sentiment for this IPO among investors.

JSW Cement IPO allotment date expected on January 23, 2025. The lot size is 45 shares and the allotment status and The minimum investment for the retail investors for 1 lot is Rs 14,830. The registrar for JSW Cement IPO is Kfin Technologies Limited. The listing date is expected on January 27, 2025.

Also Read | Saatvik Green Energy IPO GMP, Open Date, Price Band, Allotment Status

JSW Cement IPO GMP

JSW Cement IPO GMP quotation is around Rs 27 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then JSW Cement IPO GMP might rise in the coming days.

Checkout the Video to Know the Interesting Facts of JSW Cement IPO

JSW Cement IPO Price Band

JSW Cement IPO price band expected is around Rs 325 to Rs 327 per share. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,830 and for small NII minimum investment is to be around Rs 2,09,272. The minimum investment for the Big NII is to be around Rs 10,01,516.

JSW Cement IPO Open Date, Close Date

JSW Cement IPO open date is 20 January 2025 and closing date is 22 January 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.

JSW Cement IPO Allotment Status

JSW Cement IPO allotment status is expected to be finalized on 23 January 2025. The listing will be on the BSE and NSE platforms on 27 January 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

JSW Cement IPO Listing Date

JSW Cement IPO's listing date is expected on 27 January 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

JSW Cement IPO: Listing Date, Lot Size, Price Band

JSW Cement IPO  Limited: About the Company

JSW Cement Limited founded in 2009, a manufacturer of green cement. The company produces eco-friendly products like Portland Slag Cement, Ordinary Portland Cement, Ground Granulated Blast Furnace slag.

JSW Cement focuses on sustainability by utilising industrial products like slag to create high performance, low-carbon footprint cement. With strategically located manufacturing plants in all over Indi, JSW Cement caters to domestic and international markets.

The company’s strong distribution network and commitment to quality and innovation position. It is a key player in the infrastructure and construction sectors.

JSW Cement IPO Objectives

The funds raised from the JSW Cement IPO will be used for expansion of the business and to meet the working capital requirements of the company. Also to meet the offer related expenses and for fulfilling the general corporate purposes.

JSW Cement IPO: Key Dates, Allotment, Listing Date

JSW Cement IPO Subscription Details, IPO Reservation

JSW Cement IPO subscription details will be available after the IPO opens on 20 January 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

JSW Cement IPO Lot Size Details

JSW Cement IPO lot size is set at 45 shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,830 and the maximum is 13 lots, amounting to be around Rs 1,94,324. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,272.

JSW Cement IPO Promoter Holdings

JSW Cement IPO promoters are Sajjan Jindal. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

JSW Cement IPO Registrar

JSW Cement IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

JSW Cement IPO Lead Managers

JSW Cement IPO lead managers are JM Financial, Axis Capital, Citi Global, DAM Capital, Goldman Sachs, Jefferies India, Kotak Mahindra Capital and SBI Capital.

How to apply to JSW Cement IPO

Interested investors can apply to the JSW Cement IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

JSW Cement IPO Review

JSW Cement IPO may get a positive response from the general public. The company is involved in the cement business.  So, investors interested in the Real estate and cement sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then JSW Cement IPO GMP will also rise.

JSW Cement IPO FAQ

1. What are the details of the JSW Cement IPO?

JSW Cement IPO is a book-built issue of Rs 4000 crores. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 2,000 crore and OFS is of Rs 2,000 crore.

2. When will the JSW Cement IPO open and close?

JSW Cement IPO open date is 20 January 2025 and closing date is 22 January 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future.

3. What is JSW Cement IPO GMP?

JSW Cement IPO GMP quotation is around Rs 27 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then JSW Cement IPO GMP might rise in the coming days.

4. What are the details of JSW Cement IPO reservation?

JSW Cement IPO subscription details will be available after the IPO opens on 20 January 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

JSW Cement IPO allotment status is expected to be finalized on 23 January 2025. The listing will be on the BSE and NSE platforms on 27 January 2025. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for JSW Cement IPO?

JSW Cement IPO's registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are JM Financial, Axis Capital, Citi Global, DAM Capital, Goldman Sachs, Jefferies India, Kotak Mahindra Capital and SBI Capital.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?