The JSW Cement IPO is in its final bidding day, offering investors one last chance to participate. The Initial Public Offering opened on 7 August 2025 and will close on 11 August 2025. The mainboard IPO, proposed for listing on BSE and NSE, is priced in the range of ₹139–₹147 per equity share.

The company aims to raise ₹3,600 crore, comprising ₹1,600 crore from fresh issue of shares and ₹2,000 crore via Offer for Sale (OFS). JSW Cement, a leading green cement manufacturer, seeks to strengthen its growth and expansion plans through the IPO proceeds.

JSW Cement IPO GMP Today

As of today, the Grey Market Premium (GMP) for JSW Cement IPO stands at ₹9, which is ₹8 lower than Friday’s GMP of ₹17. Analysts attribute the decline to weak sentiment in the Indian stock market, with the Nifty 50 marking its sixth consecutive week of losses.
Earlier on 5 August, the GMP was ₹19, but sustained selling pressure in the market has reduced it by nearly 50% in a week.

JSW Cement IPO Subscription Status – Day 3 (as of 11:42 AM)

  • Total Subscription: 0.98x

  • Retail Investors: 1.10x

  • Non-Institutional Investors (NII): 1.60x

  • Qualified Institutional Buyers (QIB): 0.29x

JSW Cement IPO Review

Reliance Securities – Subscribe

JSW Cement offers scale leadership, cost advantages, and strong ESG credentials. With infrastructure and housing demand projected to rise and a shift towards low-carbon materials, the company is positioned for long-term growth. Sector consolidation and capacity expansion are expected to benefit JSW Cement.

Ventura Securities – Subscribe

Upcoming projects in Rajasthan, Punjab, and Madhya Pradesh will diversify the company’s footprint. Losses in FY25 were due to one-off factors and are expected to normalize in FY26, with profitability supported by higher volumes, better margins, and operational efficiency.

Several other brokerages including Lajshmishree Investment, AUM Capital, BP Equities, Canara Bank Securities, and INDSEC Securities have also issued a “Subscribe” recommendation.

Key IPO Details

  • Price Band: ₹139 – ₹147 per share

  • Issue Size: ₹3,600 crore (₹1,600 crore fresh issue + ₹2,000 crore OFS)

  • Allotment Date: 12 August 2025 (tentative)

  • Listing Date: 14 August 2025 (tentative)

  • Stock Exchange: BSE, NSE

Bottom Line: Backed by strong expansion plans, solid ESG credentials, and positive brokerage sentiment, the JSW Cement IPO could be a promising investment for those seeking exposure to India’s growing infrastructure and construction sector.