JSW Cement made its stock market debut today, Thursday, August 14, 2025, at 10:00 AM IST. As per BSE’s official announcement, the company’s shares were listed during a special pre-open session on both BSE and NSE and are now available for trading under the ‘B’ Group of Securities. The IPO allotment was finalized on Tuesday, August 12, with shares credited to successful applicants’ demat accounts on August 13. Refunds for unallocated shares were also processed on the same day.
The IPO saw strong investor interest, with an overall subscription of 7.77 times. QIBs led the bidding at 15.8 times, followed by NIIs at 10.97 times and retail investors at 1.81 times. The ₹3,600 crore issue — priced between ₹139 and ₹147 — included both fresh equity for funding a new Rajasthan plant and an OFS for early investor exits.
Harshal Dasani of INVasset PMS noted a grey market premium (GMP) of ₹4.5, suggesting a listing price near ₹151.5 — a 3% premium over the issue price. Although listing gains may be moderate, experts believe the company’s expansion plans and sector tailwinds offer strong long-term potential.
