JSW Cement IPO – Review
JSW Cement Limited, a leading green cement manufacturer company in India, is planning to raise ₹ 3600 crores through an IPO.
[Fresh Issue 1600 Cr + OFS 2000 Cr]
Jsw cement ipo price is INR 139 – 147 per share
JSW Cement: History
The Company was incorporated as a public limited company under the Companies Act, 1956, under a certificate of incorporation issued by the Registrar of Companies (Maharashtra, Mumbai, India) on March 29, 2006.
JSW Cement: Business
According to the CRISIL Report, JSW Cement Ltd is the fastest-growing cement manufacturing company in India (in terms of increase in installed grinding capacity and sales volume from FY 2014 to FY 2024).
As of March 31, 2024, the Company had installed a Grinding Capacity of 20.60 MMTPA, consisting of 11.00 MMTPA in the southern regions, 4.50 MMTPA in the western areas, and 5.10 MMTPA in the eastern regions of India.
According to the CRISIL Report, JSW Cement is India’s largest manufacturer of Ground Granulated Blast Furnace Slag (GGBS), with a market share in terms of GGBS sales of 82.70% in FY 2024.
Product Portfolio
JSW Cement’s product portfolio includes blended cement products, such as –
- Portland Slag Cement (PSC),
- Portland Composite Cement (PCC),
- Ground Granulated Blast Furnace Slag (GGBS),
- Ordinary Portland Cement (OPC),
- Allied Cementitious Products (ready-mix concrete – RMC),
- Clinker,
- Screened Slag,
- Construction Chemicals, and
- Waterproofing Compounds
Manufacturing Plants
As of March 31, 2024, JSW Cements operated seven plants in India, which comprise one integrated unit, one clinker unit, and five grinding units.
Strategies Ahead
- Create a pan-India footprint by setting up new plants in north and central India, supplemented by expansions in current regions of operation.
- Continue to deepen presence in existing markets and grow market share
- Continue to improve operational efficiency and implement cost reduction measures
- Continue to focus on sustainable development
Company Promoters
- Sajjan Jindal,
- Parth Jindal,
- Sangita Jindal,
- Adarsh Advisory Services Private Ltd,
- Sajjan Jindal Family Trust
Refer to JSW Cement IPO DRHP for detailed information.
IPO Details
IPO date = 07 August to 11 August 2025
Minimum Amount = INR 14,994
Minimum Bid = 102 Shares
Face Value (FV) = INR 10
Listing On = NSE, BSE
Book Running Lead Manager
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Financials
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CONCLUSION
FinBlab recommends ‘MAY SUBSCRIBE‘ ratings JSW Cement IPO
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