JSW Cement IPO Subscription at 73% on Final Day — Price Band, Allotment Date, and Allotment Check Steps
- 11th August 2025
- 12:30:00 PM
- 2 min read
Mumbai | August 11 – On the last day of bidding, the JSW Cement IPO has received 73% subscription as of late morning, with strong demand from retail and high-net-worth investors. The public issue, which opened on August 7, 2025, will close by the end of the day, and allotment results are expected on Tuesday, August 12, 2025.
The offering aims to raise ₹3,600 crore, consisting of a fresh share issue worth ₹1,600 crore and an offer for sale (OFS) of ₹2,000 crore. Shares are priced within a ₹139–₹147 per share band, with investors required to apply for a minimum lot of 102 shares.
About JSW Cement
A pioneer in green cement manufacturing, JSW Cement is also the largest producer of ground granulated blast furnace slag (GGBS) in India, holding an impressive 84% market share in FY2024-25. Its products cater to both housing and infrastructure sectors.
Funds raised from the IPO will be directed towards building a new integrated cement plant in Nagaur, repaying certain borrowings, and general corporate purposes.
Day 3 Subscription Snapshot
As per NSE data at 10:42 am:
- Retail Investors: 93% subscribed
- Non-Institutional Investors (NIIs): 91% subscribed
- Qualified Institutional Buyers (QIBs): 24% subscribed
- Overall Subscription: 73%
When and How to Check JSW Cement IPO Allotment
The JSW Cement IPO allotment date is set for August 12, 2025. Applicants can check their allotment status through the IPO registrar KFin Technologies, as well as the NSE and BSE websites.
NSE
- Visit https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Choose ‘Equity & SME IPO bid details’
- Select ‘JSW Cement Limited’ under symbol ‘JSWCEMENT’
- Enter PAN and application number, then submit
BSE
- Open https://bseindia.com/investors/appli_check.aspx
- Keep ‘Equity’ as the issue type
- Select ‘JSW Cement Ltd’ from the dropdown list
- Provide PAN or application number and search
KFin Technologies
- Go to https://ris.kfintech.com/ipostatus/
- Select ‘JSW Cement Limited’ from the IPO dropdown
- Provide your application number, PAN, or Demat ID
- Enter the Captcha and click Submit
Important IPO Dates
- Opening Date: August 7, 2025
- Closing Date: August 11, 2025
- Allotment Finalisation: August 12, 2025
- Refund Initiation: August 13, 2025
- Shares Credit to Demat: August 13, 2025
- Expected Listing: August 14, 2025
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
