JSW Cement Share Price Lists at ₹153 on BSE, Premium of Over 4% on Market Debut
Strong subscription demand and industry leadership in GGBS production drive positive listing; IPO subscribed 7.77 times.
JSW Cement shares debut at ₹153 on BSE, up 4.08%, and ₹153.50 on NSE, up 4.44%. IPO was subscribed 7.77 times; company holds 84% GGBS market share in India.
JSW Cement Share Price Live: Positive Market Debut at ₹153
Mumbai, August 14, 2025 — JSW Cement Ltd made a positive entry into the Indian stock market today, with its shares listing at ₹153 on the BSE, reflecting a 4.08% premium over the IPO issue price. On the NSE, the scrip debuted at ₹153.50, marking a 4.44% premium.
IPO Subscription and Price Band
The JSW Cement IPO opened for subscription on Thursday, August 7 and closed on Monday, August 11.
- Price Band: ₹139–₹147 per share
- Subscription Status: 7.77 times on the final day
The robust demand from investors across categories indicated strong confidence in the company’s business model and growth potential.
Market Leadership in GGBS Production
According to a CRISIL report, JSW Cement is the leading producer of ground granulated blast furnace slag (GGBS) in India.
- Market Share: 84% in FY25 GGBS sales
- Product Advantage: GGBS is an eco-friendly construction material, made entirely from blast furnace slag — a by-product of steel production.
This leadership in a sustainable product category positions JSW Cement strongly in India’s growing green construction sector.
Manufacturing Footprint
The company operates five key manufacturing facilities strategically located across India:
- Vijayanagar, Karnataka
- Nandyal, Andhra Pradesh
- Salboni, West Bengal
- Jajpur, Odisha
- Dolvi, Maharashtra
This diversified footprint enables efficient supply chain management and wider market reach.
IPO Book Runners and Managers
The IPO was jointly managed by a consortium of leading investment banks:
- JM Financial Ltd
- Axis Capital Ltd
- Citigroup Global Markets India Pvt Ltd
- DAM Capital Advisors Ltd
- Goldman Sachs (India) Securities Pvt Ltd
- Jefferies India Pvt Ltd
- Kotak Mahindra Capital Company Ltd
- SBI Capital Markets Ltd
Investor Outlook and Listing Performance
The strong listing premium reflects positive investor sentiment, supported by:
- High subscription levels (7.77x)
- Leadership in an eco-friendly construction material
- Strategic manufacturing presence
Market analysts note that the cement sector is expected to benefit from India’s ongoing infrastructure push, which could support JSW Cement’s growth trajectory post-listing.
