JSW Cement IPO GMP (Grey Market Premium): The initial public offering of JSW Cement, the cement arm of Sajjan Jindal-led JSW Group, witnessed a strong response from investors. In the three-day subscription
window, the issue drew bids for 1,40.93 crore shares against the total size of 18.12 crore shares, translating into an overall subscription of 7.77 times.
The allotment of JSW Cement IPO is expected to be concluded today, August 12 and listing will happen on August 14 on BSE and NSE.
Ahead of listing, investors are watching keenly on the listing price prediction of JSW Cement IPO.
JSW Cement IPO Subscription Status
The Qualified Institutional Buyers (QIB) category saw the highest interest, getting subscribed 15.80 times with bids for 81.86 crore shares against the reserved 5.17 crore shares. Within QIBs, foreign institutional investors (FIIs) led the demand with bids for 48.47 crore shares, followed by mutual funds at 16.90 crore shares.
Non-Institutional Investors (NII) subscribed 10.97 times, with the sub-category of investors bidding over Rs 10 lakh oversubscribed 12.56 times. The Rs 2–10 lakh bid segment saw a 7.80 times subscription.
Retail Individual Investors (RIIs) also showed healthy participation, subscribing 1.81 times with total bids of 16.43 crore shares against the reserved 9.06 crore shares.
JSW Cement Listing Price Prediction, GMP
According to market observers, unlisted shares of JSW Cement Ltd are currently trading at Rs 151 against the upper IPO price of Rs 147. It means a grey market premium or GMP of Rs 4.25, which is 2.89% over its issue price, indicating weak listing for the issue.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
To check the JSW Cement IPO allotment status, finalized on August 12, 2025, follow these steps:
- Visit KFin Technologies IPO Allotment Page.
- Select “JSW Cement Limited” from the dropdown.
- Choose one option: PAN, Application Number, or DP/Client ID.
- Enter the selected details and complete the captcha.
- Click “Submit” to view your allotment status.
2. Via BSE Website:
- Go to BSE IPO Allotment Page.
- Select “Equity” as the issue type.
- Choose “JSW Cement Limited” from the dropdown.
- Enter your Application Number or PAN.
- Complete the captcha and click “Search.”
JSW Cement IPO Size
The offering comprises a fresh issue of equity shares worth Rs 1,600 crore and an Offer for Sale (OFS) component of up to Rs 2,000 crore by existing shareholders. Under the OFS, Apollo Management, through its affiliate AP Asia Opportunistic Holdings Pte Ltd, will offload shares worth Rs 931.8 crore. Synergy Metals Investments Holding Ltd, a fund promoted by former ArcelorMittal executive Sudhir Maheshwari, will divest shares worth Rs 938.5 crore, while the State Bank of India will sell shares valued at Rs 129.7 crore.
This IPO size is lower than the earlier proposed Rs 4,000 crore.
JSW Cement IPO Price And Lot Size
The price band of the IPO has been fixed in the range of Rs 139-147 per share.
For investors, the minimum lot size for the IPO is 102. It means investors will have to apply for a minimum of 102 shares or in multiple thereof. So, retail investors require a minimum capital of Rs 14,994 at the upper price band to apply for the IPO.
