Mumbai, 13 August 2025, 10:25 AM IST: The allotment process for JSW Cement Limited’s ₹3,600 crore IPO was finalised yesterday, August 12 — just a day after the bidding window closed on August 11. The public issue, which ran from August 7 to August 11, was priced between ₹139 and ₹147 per share and comprised a ₹1,600 crore fresh issue along with a ₹2,000 crore offer for sale (OFS).
Investor demand was robust, with the IPO being subscribed 7.77 times overall. Qualified Institutional Buyers (QIBs) dominated the bids at 15.80 times their reserved quota, followed by Non-Institutional Investors (NIIs) at 10.97 times, and Retail Individual Investors (RIIs) at 1.81 times.
The issue witnessed healthy demand, receiving bids for 1,40,93,19,924 equity shares against an offer size of 18,12,94,964 shares, resulting in an overall subscription of 7.77 times. Category-wise subscription was:
Qualified Institutional Buyers (QIBs): 15.80 times
Non-Institutional Investors (NIIs): 10.97 times
Retail Individual Investors (RIIs): 1.81 times
If you would like to know more about the IPO and the company, please click here: JSW Cement IPO
₹800 crore for a new integrated cement plant in Rajasthan
₹520 crore for debt repayment
Balance for general corporate purposes
If you want to check your JSW Cement IPO allotment? You can do so online via:
Event | Date |
---|---|
IPO Opened | Aug 07, 2025 |
IPO Closed | Aug 11, 2025 |
Basis of Allotment | Aug 12, 2025 |
Refunds Initiated | Aug 13, 2025 |
Shares Credited to Demat | Aug 13, 2025 |
Listing Date | Aug 14, 2025 |
You can check your IPO allotment status through the following methods:
a. On BSE India Website
b. On Registrar Website (KFintech)
Add Note: Keep your PAN/Application Number/DP ID ready
Detail | Info |
---|---|
Issue Size | ₹3600 Cr |
Price Band | ₹139 - 147 per share |
Lot Size | 102 Shares |
Listing Exchange | BSE, NSE |
Lead Managers | JM Financial Ltd Axis Capital Ltd Citigroup Global Markets India Private Ltd DAM Capital Advisors Ltd Goldman Sachs (India) Securities Private Ltd Jefferies India Private Ltd Kotak Mahindra Capital Company Ltd SBI Capital Markets Ltd |
Registrar | KFin Technologies Ltd |
(As On, August 11, 2025, 11:45 AM)
Date | Total | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail |
---|---|---|---|---|---|---|
Day 1 | 0.30 | 0.24 | 0.21 | 0.14 | 0.36 | 0.38 |
Day 2 | 0.59 | 0.26 | 0.65 | 0.49 | 0.98 | 0.76 |
Day 3 | 0.90 | 0.26 | 1.31 | 1.14 | 1.66 | 1.09 |
Refunds will be initiated by Aug 13, 2025
Amount will be credited to your bank account linked to UPI
If allotted, shares will reflect in your Demat by Aug 13, 2025
The shares are expected to be listed on [BSE/NSE] on Aug 14, 2025
You can track listing gains/losses on Kotak Securities
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
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