JSWCEMENT • ISIN: INE718I01012
Incorporated in 2006, JSW Cement Limited is a manufacturer of green cement in India. As part of the JSW Group, the company is committed to sustainability and innovation in the cement industry.
The company operated seven plants across the country, including one integrated unit, one clinker unit, and five grinding units located in Andhra Pradesh (Nandyal plant), Karnataka (Vijayanagar plant), Tamil Nadu (Salem plant), Maharashtra (Dolvi plant), West Bengal (Salboni plant), and Odisha (Jajpur plant and the majority-owned Shiva Cement Limited clinker unit).
As of March 31, 2025, JSW Cement Limited had an installed grinding capacity of 20.60 MMTPA, comprising 11.00 MMTPA in the southern region, 4.50 MMTPA in the western region, and 5.10 MMTPA in the eastern region of India.
Product Portfolio:
Cement: Blended Cement and Ordinary Portland Cement
Ground Granulated Blast Furnace Slag: GGBS is commonly used in blended cement products such as PSC and PCC and as a replacement material for OPC in concrete production.
Clinker: Clinker is manufactured by burning limestone and clay together at a high temperature
Allied Cementitious Products: RMC, Screened Slag, Construction Chemicals
JSW Cement Limited distributes its products through a well-connected network. As of March 31, 2025, the company had a distribution network comprising 4,653 dealers, 8,844 sub-dealers, and 158 warehouses.
Competitive Strengths:
The company is the fastest growing cement manufacturing company in India in terms of increase in installed grinding capacity and sales volume.
The company is India’s largest manufacturer of GGBS and has a proven track record of scaling up this business.
Strategically located plants well-connected to raw material sources and key consumption markets.
The company has lowest carbon dioxide emission intensity among our peer cement manufacturing companies and the top global cement manufacturing companies.
Extensive sales and distribution network in India and focus on strong brand.
The company benefits from its strong corporate lineage of the JSW Group and its qualified management team.
Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan
Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
General Corporate Purposes
Price Band
Min Investment
Lot Size
P/E Ratio
Issue Opens
7 Aug 2025
Issue Closes
11 Aug 2025
Allotment
12 Aug 2025
Listing
14 Aug 2025
Qualified Institutional Investors
818,650,266 / 48,979,594 shares
High Networth Individuals (Above ₹10 Lakhs)
325,354,194 / 24,489,796 shares
Non-Institutional Investors (Below ₹10 Lakhs)
101,001,828 / 12,244,898 shares
Retail Individual Investors
164,313,636 / 85,714,286 shares
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Jm Financial Limited Axis Capital Limited Citigroup Global Markets India Private Limited +5 more |
Min Quantity | 102 |
Max Quantity | 3,401 |
Company Promoters | Sajjan Jindal Parth Jindal Sangita Jindal +2 more |
Website | |
Phone | +91 22 4286 3114 |
Address | JSW Cement Ltd. |