The total size of the issue, however, is less than the proposed issue of Rs 4,000 crore, according to the latest RHP.
The IPO will open for a public subscription on August Gust 7 and will close on August 11, when the bidding date of the anchor investors will be 6 August Gust for JSW Cement according to the Red Harring Prospectus (RHP) filed on Friday.
Initial stock sales cost Rs. The offer fur for sale of Rs 2,000 crore share by equity shares worth Rs 1,600 crore and investors shareholders.
As part of the OFS, private equity giant Apollo Management, its affiliate AP Asia opportunistic Holdings by PTE Limited, Rs. Load will flaw a share of Rs 931.80 crore, shares of Synergy Metals Investments Holding Limited will sell shares of 938.50 crore, and State Bank will be priced at 129.70 crore worth of India (SBI).
Holding of the Synergy Metals Investments is the hands of the Synergy Metals and Mining Funds, a private equity fund established by the former executive of Steelmaker Arcelormtal, Takhar Maheshwari in 2015.
According to the draft papers, the company Nagaur, for the new integrated cement unit at Rajasthan and the payment of the remaining lend by it, Rs 520 crore for part-finance of Rs. Will use Rs 800 crore income. The rest will be used for general corporate purposes.
The Mumbai -based company had earlier paid Rs. 4,000 crore was planned. While filing papers, JSW Cement said that the new issue of equity shares will collect Rs 2,000 crore and Rs. 2,000 crore offers (OFS).
However, according to the latest RHP, the size of fresh capital raising is Rs. 400 crore has been reduced.
In August Gust 2024, JSW Cement filed the initial IPO papers with SEBI, and then in September, the regulator holds the company’s proposed initial share-selling. On January 6, this year, the regulator finally inspected the IPO swimming.
As of March 31, 2025, the total borrowing of JSW Cement was Rs. 6,166.6 crore.
On the financial front, the company’s income from the functioning of the financial year 25 will cost Rs. 6,028.10 crore and Rs. 5,813.1 crore and 5,836.72 crore compared to 5,836.72 crore.
The company has paid Rs. 163.77 crore has been reported. Its profit was Rs 62 crore in FY 24 and Rs 104 crore in FY 23.
As of March 31, 2025, JSW Cement had an annual grinding capacity of 20.60 million metric tons (MMTPAs).
According to Crisil’s report, JSW Cement is the largest producer of India’s Granulated Blast Furnace Slag (GGBS), which is a share in the market in terms of GGB sales of 84 per cent in FY 25.
The company currently operates production operations in Vijayanagar, Andhra Pradesh, Nandal in Andhra Pradesh, Salboni in West Bengal, Jajpur in Odisha and Dolvi -based units in Maharashtra.
JSW Cement runs a clinker unit in Odisha by Shiva Cement of its subsidiary.
JM Financial Limited, Axis Capital Limited, City Group Global Markets India PVT Limited, Dam Capital Advisors Limited, Goldum Sach Sach (India) Securities Pvt.
The company’s shares will be listed on BSE and NSE. PTI
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