
The JSW Cement IPO is set to open in 2025 and will close in 2025. This IPO is a Book Built Issue, with the company aiming to raise approximately ₹4,000 crores. The issue will include a fresh issue of ₹2,000 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the JSW Cement IPO is ₹[.] to ₹[.] per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for High Net-Worth Individuals (HNI). The IPO is expected to list on both the BSE and NSE in 2025, with allotment taking place in [.] 2025.
For the financial year 2024, the company reported a revenue of ₹6,114.60 crores, compared to ₹5,982.21 crores in 2023. The profit for 2024 stood at ₹62.01 crores, down from ₹104.04 crores in 2023. Based on the financials, investors are advised to consider this IPO for long-term investment.
JSW Cement IPO Details
- IPO Open Date: 2025
- IPO Close Date: 2025
- Face Value: ₹10 per Equity Share
- IPO Price Band: ₹[.] to ₹[.] per Share
- Issue Size: Approximately ₹4,000 Crores
- Fresh Issue: Approximately ₹2,000 Crores
- Offer for Sale: Approximately [.] Equity Shares
- Issue Type: Book Built Issue
- IPO Listing: BSE & NSE
- Retail Quota: Up to 35%
- QIB Quota: Up to 50%
- NII Quota: Up to 15%
- DRHP Draft Prospectus: [Click Here]
- RHP Draft Prospectus: [Click Here]
JSW Cement IPO Market Lot Details
The minimum market lot for the JSW Cement IPO consists of [.] shares, with an application amount of ₹[.]. Retail investors can apply for up to 13 lots, each containing [.] shares, at a total amount of ₹[.].
Application Details:
Category | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | – | ₹[.] |
Retail Maximum | 13 | – | ₹[.] |
S-HNI Minimum | 14 | – | ₹[.] |
B-HNI Minimum | 68 | – | ₹[.] |
JSW Cement IPO Dates
The JSW Cement IPO is set to open in 2025 and will close in 2025. The finalization of the IPO allotment will take place in 2025, followed by the IPO listing in 2025.
- IPO Open Date: 2025
- IPO Close Date: 2025
- Basis of Allotment: 2025
- Refunds: 2025
- Credit to Demat Account: 2025
- IPO Listing Date: 2025
Promoters of JSW Cement IPO
The promoters of JSW Cement include Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited, and the Sajjan Jindal Family Trust.
About JSW Cement IPO
JSW Cement is one of India’s leading cement manufacturers, ranking among the top 10 companies in terms of installed grinding capacity. The company offers a diverse range of cement products, including Concreel HD (CHD), Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Composite Cement (CPC), and Ground Granulated Blast Furnace Slag (GGBS). Its manufacturing facilities are located across several states, including West Bengal, Maharashtra, Karnataka, Odisha, and Andhra Pradesh.
As of March 31, 2024, the company had an installed clinker capacity of 6.44 MMTPA, including JSW Cement FZC, and a total installed grinding capacity of 20.60 MMTPA. This capacity is distributed across southern (11.00 MMTPA), western (4.50 MMTPA), and eastern (5.10 MMTPA) regions of India.
JSW Cement IPO Financial Report
JSW Cement reported a revenue of ₹6,114.60 crores in 2024, showing a slight increase from ₹5,982.21 crores in 2023. However, the company experienced a decline in profit, which stood at ₹62.01 crores in 2024, compared to ₹104.04 crores in 2023.
Financial Overview (₹ in Crores):
Period Ended | Revenue | Expense | Profit After Tax | Assets |
---|---|---|---|---|
2022 | ₹4,863.48 | ₹4,465.49 | ₹232.65 | ₹9,272.51 |
2023 | ₹5,982.21 | ₹5,838.68 | ₹104.04 | ₹10,218.61 |
2024 | ₹6,114.60 | ₹5,808.21 | ₹62.01 | ₹11,318.91 |
JSW Cement IPO Valuation – FY2024
Here are the key valuation metrics for JSW Cement’s IPO for FY2024, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
---|---|
Return on Equity (ROE) | 2.60% |
Return on Capital Employed (ROCE) | 11.08% |
EBITDA Margin | 1.01% |
PAT Margin | 7.30% |
Debt-to-Equity Ratio | – |
Earnings Per Share (EPS) | ₹0.91 (Basic) |
Price/Earnings (P/E) Ratio | N/A |
Return on Net Worth (RoNW) | 3.64% |
Net Asset Value (NAV) | ₹24.99 |
Peer Group Comparison
Here’s a comparison of JSW Cement with its peers based on key financial metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and Income.
Company | EPS | P/E Ratio | RoNW % | NAV | Income |
---|---|---|---|---|---|
UltraTech Cement Limited | 243.05 | 46.55 | 11.63% | 2,089.69 | ₹70,908.14 Cr. |
Ambuja Cements Limited | (17.99) | 37.93 | 8.63% | 208.53 | ₹33,159.64 Cr. |
Shree Cement Limited | 663.98 | 36.57 | 11.57% | 5,737.94 | ₹20,520.98 Cr. |
Dalmia Bharat Limited | 44.05 | 39.57 | 5.04% | 874.41 | ₹14,691.00 Cr. |
JK Cement Limited | 102.35 | 41.31 | 14.73% | 694.61 | ₹11,556.00 Cr. |
The Ramco Cements Limited | 15.77 | 50.66 | 4.97% | 317.20 | ₹9,376.35 Cr. |
India Cements Limited | (7.32) | NA | NA | NA | ₹5,112.24 Cr. |
Objects of the Issue
The funds raised through the issue will be used for the following purposes:
- Part-financing the establishment of a new integrated cement unit in Nagaur, Rajasthan.
- Prepayment or repayment, in full or part, of certain outstanding borrowings.
- General corporate purposes.
JSW Cement IPO Review
Here is a list of the firms providing their reviews and analysis for the JSW Cement IPO:
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securities
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
JSW Cement IPO Registrar
- Registrar: KFin Technologies Limited
- Phone: +91 40 6716 2222
- E-mail: jswcement.ipo@kfintech.com
- Website: https://ris.kfintech.com/
IPO Lead Managers (Merchant Bankers)
- JM Financial Limited
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- DAM Capital Advisors Limited
- Goldman Sachs (India) Securities Private Limited
- Jefferies India Private Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
Company Address
JSW Cement Limited
JSW Centre,
Bandra Kurla Complex, Bandra (East),
Mumbai 400 051, Maharashtra, India
Phone: +91 22 4286 3115
Email: secretarial.jswcl@jsw.in
Website: www.jswcement.in
JSW Cement IPO FAQs
What is JSW Cement IPO?
JSW Cement IPO is a Mainboard IPO through which the company aims to raise ₹4,000 crores. The issue price is ₹[.] to ₹[.] per equity share, and the IPO will be listed on both BSE and NSE.
When will the JSW Cement IPO open for subscription?
The IPO will open for subscription in 2025 for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors. The subscription will close in 2025.
What is the investor portion for JSW Cement IPO?
The allocation for investors is as follows:
- QIB: 50%
- NII: 15%
- Retail: 35%
How to apply for JSW Cement IPO?
You can apply for the JSW Cement IPO through ASBA online via your bank account. Alternatively, you can apply via UPI through your stockbroker or by filling out an offline form through your stockbroker.
What is the JSW Cement IPO issue size?
The issue size of the JSW Cement IPO is ₹4,000 crores.
What is the JSW Cement IPO price band?
The price band for the JSW Cement IPO is ₹[.] to ₹[.].
What is the JSW Cement IPO lot size?
The minimum bid is [.] shares, with a total amount of ₹[.].
What is the JSW Cement IPO allotment date?
The allotment date for the JSW Cement IPO is in 2025.
What is the JSW Cement IPO listing date?
The listing date for the JSW Cement IPO is in 2025, and it will be listed on both BSE and NSE.