JSW Cement IPO

LISTED
MAINBOARD

NSE • Lot Size: 102 • Mainboard

Issue147
Listed164.05+12%
Now118-19.7%
19.7%

*Last updated on 11 Jan 2026

Price Band

₹139 - ₹147

Lot Size

102

Issue Size

₹3600 Cr

GMP

N/A

Subscription

8.22x

Analyzing...

IPO Schedule

1

Open

7 Aug 2025

2

Close

11 Aug 2025

3

Allotment

-

4

Listing

14 Aug 2025

About JSW Cement

JSW Cement is a prominent player in the Indian cement industry, known for its focus on sustainable practices and innovative product offerings. The company has a significant presence in key markets and is expanding its capacity to meet growing demand.

Key Strengths

  • Strong brand recognition and reputation within the Indian cement market.
  • Focus on sustainable cement production, aligning with environmental trends.
  • Established distribution network and strong relationships with dealers and distributors.
  • Part of the JSW Group, providing access to financial resources and operational synergies.
  • Strategic locations of manufacturing plants, optimizing logistics and supply chain efficiency.

Risk Factors

  • Negative ROE and P/E indicate current losses and challenge profitability.
  • High dependence on raw material prices, which are subject to market fluctuations.
  • Intense competition from established players in the cement industry.

Valuation Analysis

Given the negative ROE and P/E, the IPO valuation appears stretched, requiring careful consideration of future growth prospects and profitability improvements.

IPO Details

ExchangeNSE
SegmentMAINBOARD
ISININE718I01012
NSE SymbolJSWCEMENT
Face Value10
Lot Size102
Issue Size₹3600 Cr

Key Metrics

ROE16.5
ROCE20
P/E Ratio30
Industry P/E20
EPS-1.31
PAT Margin-2.77%
Debt/Equity0.55

Growth & Quality

ProfitableNo ✗

Subscription

Total0.30x
Imbalance Ratio4.5x

Documents

RHP not available

Key Dates

Open Date7 Aug 2025
Close Date11 Aug 2025
Listing14 Aug 2025