JSW Cement Limited
Against an issue price of ₹147. Split- and bonus-adjusted official closes — a past move, never a forecast.
JSW Cement Limited was a mainboard initial public offer.
The book was open from 7 August 2025 to 11 August 2025.
The issue was priced at ₹147 a share, from a band of ₹139 to ₹147.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
The shares listed on 14 August 2025.
The last official close on file is ₹123 (5 November 2026), which is 16.7% below the issue price.
It now trades as JSWCEMENT, and its filed financials are on its company page.
Shares sold in the issue at ₹147 last closed at ₹122.52.
See JSWCEMENT’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- Registrar
- KFin Technologies Limited
- Lead managers
- 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
- Bidding opens7 Aug 2025
- Bidding closes11 Aug 2025
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing14 Aug 2025
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We have not extracted an anchor allotment list for this issue.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment13 Sept 202550% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment12 Nov 202550% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment14 Feb 2026already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment14 Feb 2027whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| Ambuja 336,977.00 Cements Limitednot in our universe | 36.0 | — | 7.8% | 17.00 | — |
| Dalmia 139,800.00 Bharat Limitednot in our universe | 60.4 | — | 3.9% | 36.42 | — |
| India 41,487.76 Cements Limitednot in our universe | 2.4 | — | -1.4% | 153.23 | — |
| JK Cement 118,791.50 Limitednot in our universe | 58.4 | — | 14.1% | 111.44 | — |
| Shree 192,828.30 Cement Limitednot in our universe | 97.8 | — | 5.2% | 311.18 | — |
| The 85,184.00 Ramco Cements Limitednot in our universe | 103.5 | — | 3.7% | 11.53 | — |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Axis Capital Limited 2021 – 2026 | 88 21 measurable | +10.3% | 7 of 19 | 2 of 9 | 2 of 8 |
Citigroup Global Markets 2022 – 2026 | 25 2 measurable | +1.2% | 1 of 2 | — | 0 of 1 |
DAM Capital Advisors Limited 2021 – 2026 | 31 6 measurable | +20.9% | 0 of 6 | 0 of 3 | 0 of 2 |
Goldman Sachs Securities Private Limited 2024 – 2026 | 13 3 measurable | +2.8% | 1 of 2 | 0 of 1 | 1 of 2 |
Jefferies India Private Limited 2022 – 2026 | 27 6 measurable | +9.6% | 2 of 5 | 2 of 3 | — |
JM Financial Limited 2021 – 2026 | 75 24 measurable | +13.3% | 10 of 21 | 2 of 5 | 0 of 3 |
Kotak Mahindra Capital Company 2021 – 2026 | 67 18 measurable | +18.6% | 3 of 15 | 2 of 7 | 2 of 4 |
SBI Capital Markets Limited 2022 – 2026 | 46 7 measurable | +4.5% | 5 of 7 | 1 of 3 | 0 of 2 |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Kfin Technologies Limited 2021 – 2026 | 140 46 measurable | +8.9% | 20 of 41 | 5 of 11 | 3 of 7 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive12 Aug 2025
- Draft red herring prospectus (DRHP)· ZIP · exchange archive16 Aug 2024
- Anchor investor allotment· ZIP · exchange archiveThis document is a scan with no text layer — readable by eye, not by machine.
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.