JSW Cement IPO Allotment Status Today – Know full details and latest GMP update
The charm of the stock market is different, and when it comes to a big IPO, both excitement and curiosity are at their peak. At this time, investors’ eyes are fixed on JSW Cement IPO allotment status today. This IPO of the cement arm of JSW Group has been the most discussed in recent times, and by looking at the subscription numbers, one can guess how strong the trust and interest of investors is.
JSW Cement IPO Allotment Status Today – Finalisation and Listing Details
JSW Cement IPO allotment is expected to be finalised by tonight i.e. 12 August. This Rs 3,600 crore public issue was opened for subscription between 7 and 11 August, and it was oversubscribed by investors about 7.77 times. Qualified Institutional Buyers (QIBs) showed the highest demand, subscribing to their reserved quota 15.80 times. Non-Institutional Investors (NIIs) subscribed 10.97 times and retail investors subscribed 1.81 times.
The IPO price band was fixed at ₹139 to ₹147 per share, which puts the company’s valuation at around ₹20,000 crore at the upper end. The listing will take place on 14 August on both BSE and NSE, and the process of checking allotment is also easy.
JSW Cement IPO Allotment Status – How to check online
If you have invested in this IPO, there are three easy ways to check allotment – the website of registrar KFin Technologies, the official portals of NSE and BSE. On the website of KFin Tech, you have to select the IPO, then you can check the status by filling in PAN, application number or demat details. Allotment can be checked in the same way on NSE and BSE sites, just fill in the IPO name and personal details correctly.
JSW Cement IPO Allotment Status Today – Price Band and Investment Requirement
The minimum lot size to apply for this IPO was 102 shares, i.e. if you invested at the upper price band of ₹147, then the minimum investment required was ₹14,718. The company had already raised ₹1,080 crore from anchor investors, which further strengthens the confidence of investors.
JSW Cement IPO GMP Today – Estimation of Listing Premium
Listing gains can be estimated by looking at the Grey Market Premium (GMP). According to market observers, JSW Cement IPO GMP today is running at around ₹5, which suggests a premium of about 3% to 3.4% on listing. Although GMP only reflects the sentiment of the unregulated market, the actual listing price depends on several market factors.
Use of IPO Proceeds – Growth and Expansion Plans
Out of the total amount raised through IPO, ₹1,600 crore will come from fresh issue, which will be used for setting up a new integrated cement unit in Nagaur, Rajasthan, debt repayment and general corporate purposes. The remaining ₹2,000 crore will come from existing shareholders through offer for sale.
The company will invest around ₹800 crore in Nagaur project, ₹520 crore in debt repayment and the rest in working capital and expansion plans. These strategic investments will further strengthen the market position of JSW Cement.
JSW Cement – Company Strength and Market Presence
JSW Cement is a part of JSW Group and is one of the fastest growing cement companies in India. The company has 84% market share in Ground Granulated Blast Furnace Slag (GGBS), which shows its dominance. In FY25, it sold 7.09 million tonnes cement and 5.2 million tonnes GGBS, and capacity utilisation was also quite impressive – 63% on grinding capacity and 84% on clinker capacity.
Lead Managers and Allotment Agency of IPO
The lead managers of this issue were Axis Capital, Kotak Mahindra Capital Company, ICICI Securities, HSBC Securities and Capital Markets and IIFL Securities. Allotment is being handled by KFin Technologies, which will process allotment results and refunds to investors.
Investor Sentiment and Future Outlook
JSW Cement IPO allotment status today is being watched closely because the future growth outlook of the company looks very promising. The demand in the cement sector is constantly increasing, and the boom in infrastructure projects is likely to increase cement consumption further in the coming years. In such a situation, JSW Cement’s strong capacity, expansion plans and financial strength make it a strong player.
For investors, this IPO is not only an opportunity for short-term listing gains, but is also considered a good option for long-term portfolio growth. However, every investment in the market carries risk, so it is always better to take decisions according to your financial goals and risk appetite.
Disclaimer:
This article is for informational purposes only. The information given in this is based on market updates and publicly available sources. This is not any kind of financial advice. Consult your financial advisor before investing in the stock market.
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