JSW Cement IPO: JSW Cement is ready to launch its preliminary public providing (IPO) on August 7, 2025, with the difficulty closing on August 11, 2025. The corporate has introduced a value band of Rs 139 to Rs 147 per fairness share with a face worth of Rs 10.
The IPO will comprise a complete situation measurement of Rs 3,600 crore, which features a contemporary situation of Rs 1,600 crore and a proposal on the market of Rs 2,000 crore. The overall variety of fairness shares supplied ranges between 25.89 crore and 24.49 crore shares, relying on the ultimate value found throughout the book-building course of.
Why is JSW Group agency elevating over Rs 3,500 crore?
JSW Cement plans to utilise the web proceeds from the contemporary situation as follows:
- Rs 800 crore will go in direction of partially financing the institution of a brand new built-in cement unit at Nagaur, Rajasthan
- Rs 520 crore might be used for prepayment or reimbursement of sure borrowings
- The remaining funds might be allotted for common company functions
JSW Cement IPO particulars
Listed below are different particulars of the IPO:
- Market Capitalization (Submit Situation): Rs 19,038 crore to Rs 20,041 crore, on the premise of value band
- Bid Lot: 102 shares and in multiples thereof
Allocation construction
- Certified Institutional Consumers (QIBs): 50%
- Retail Traders: 35 per cent
- Non-Institutional Traders (NIIs): 15 per cent
BRLMs, registrar particulars
The IPO book-running lead managers of the IPO are JM Monetary, Axis Capital, Citigroup International Markets India, DAM Capital Advisors, Goldman Sachs India, Jefferies India, Kotak Mahindra Capital, and SBI Capital Markets, whereas KFin Applied sciences is serving because the registrar to the difficulty.
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