JSW Cement is set to debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) tomorrow, August 14, 2025, following its ₹3,600 crore initial public offering (IPO).
Subscription Overview:
- The IPO received a strong response, being subscribed 8.22 times overall.
- Qualified Institutional Buyers (QIB): 16.71 times subscribed
- Non-Institutional Investors (NII): 11.60 times subscribed
- Retail Individual Investors (RII): 1.91 times subscribed
Grey Market Premium (GMP):
- As of August 12, 2025, the GMP stands at ₹4.4, suggesting a potential listing price of ₹151.4 per share, approximately 3% above the upper price band of ₹147.
Institutional Backing:
- State Bank of India (SBI) made a 125% return on its ₹57.75 crore investment in the IPO, highlighting strong institutional confidence.
Conclusion:
With robust subscription figures and positive GMP indicators, JSW Cement’s listing tomorrow is anticipated to attract significant investor attention.
