JSW Cement IPO Allotment Finalized, GMP Slips Ahead of Listing

JSW Cement IPO allotment completed on August 12 as GMP declines; issue sees strong demand with 8x subscription. Full details on grey market, subscription, and next steps.

Published on 12 Aug 2025, 10:03 AM IST

Breaking News: JSW Cement IPO Allotment Finalized Today

The JSW Cement IPO allotment has been finalized today, August 12, capping off one of the cement sector’s most-watched public issues of 2025. As investors eagerly await listing, the issue has seen robust demand and an evolving grey market premium (GMP).

Strong Demand: 7.77x Oversubscription

Official figures confirm an overall subscription of 7.77 times.

  • Qualified Institutional Buyers (QIBs): 15.80 times

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    Non-Institutional Investors (NIIs): 10.97 times

  • Retail Investors: 1.81 times

The Rs3,600 crore IPO attracted significant interest from every segment, mirroring the sector’s larger momentum and the JSW Group's reputation.

Grey Market Premium Declines Ahead of Listing

The grey market premium (GMP) for JSW Cement IPO, which once stood as high as ₹19 per share in early August, has steadily retreated, currently hovering between ₹4 and ₹6 per share—a modest 3–4% over the upper price band of ₹147 per share.

  • On August 11: GMP was ₹5–6 (estimated listing price: ₹152–153)

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    At close: GMP slipped to ₹4

Key Details of the JSW Cement IPO

  • Offer Dates: August 7–11, 2025

  • Allotment Date: August 12, 2025

  • Listing Date: August 14, 2025

  • Price Band: ₹139–₹147 per share

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    Minimum Lot: 102 shares (₹14,994 at the top end)

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

What Investors Need to Know Next

The listing of JSW Cement is scheduled for August 14 on both BSE and NSE. Investors can check their allotment status online via the official websites of the IPO registrar (Kfin Technologies), NSE, or BSE.

“The IPO’s strong institutional backing and healthy oversubscription signal solid market confidence, even as the GMP moderates,” said an analyst at ICICI Direct.


Conclusion

The JSW Cement IPO concludes with robust demand but a correction in grey market optimism. All eyes now turn to August 14 for the stock’s official debut, marking another significant milestone for JSW Group.
For more on IPOs and real-time data, visit NSE and BSE, and see Wikipedia: Initial Public Offering.

Recent Comments

Kanhaiya Kumar Aug 12, 2025

GMP falling before listing isn’t always a bad sign, but it does show weak listing-day sentiment. I’m still holding my allotment to see how the market reacts.

Rohan Sinha Aug 12, 2025

I applied for JSW Cement IPO mainly for long-term holding, but seeing GMP slip just before listing makes me a bit cautious. Hoping the fundamentals still carry it upward after debut.

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Tiara Crooks IV

Feature Writer & Investigative Journalist

Tiara Crooks IV is a seasoned Feature Writer and Investigative Journalist with a career spanning over two decades in storytelling, public interest reporting, and digital media. At Hey Colleagues, she specializes in producing in-depth features, human-interest stories, and sharp editorial content that informs, inspires, and drives meaningful discussion. Known for her sharp eye for detail and empathetic voice, Tiara brings authenticity and rigor to every piece she writes. Her work often bridges research with narrative, making complex topics accessible and engaging for readers worldwide.

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