What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of JSW Cement Limited IPO?

JSW Cement Limited IPO has received a total subscription of 8.22 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

JSW Cement Limited

ListedMainboard

Materials / Construction Materials · NSE / BSE

Founded in 2006, JSW Cement Limited is a leading green cement manufacturer in India and a part of the well-known JSW Group. The company is committed to sustainability and innovation in the cement industry. Its product range includes eco-friendly options such as Portland Slag Cement (PSC), Ground Granulated Blast Furnace Slag (GGBS), and Composite Cement, all designed to provide strength while supporting sustainable construction practices. JSW Cement operates seven manufacturing units across India, which include one fully integrated plant, one clinker production unit, and five grinding facilities. These are located in Nandyal (Andhra Pradesh), Vijayanagar (Karnataka), Salem (Tamil Nadu), Dolvi (Maharashtra), Salboni (West Bengal), Jajpur (Odisha), and the clinker unit of Shiva Cement Limited, which is majority-owned by the company. As of March 31, 2024, the total installed grinding capacity stood at 20.60 million metric tonnes per annum (MMTPA), with capacities spread across South (11.00 MMTPA), West (4.50 MMTPA), and East (5.10 MMTPA) India. To support its operations, JSW Cement has built a strong distribution network that includes over 5,000 dealers, more than 10,000 sub-dealers, and 164 warehouses nationwide as of March 2024.

Price Band

₹139 – ₹147

Issue Size

₹3600 Cr

Lot Size

102 shares

GMP

₹4.8

+3.3%

Est. Listing

₹151.8

at current GMP

Subscribed

8.22x

overall

Open

7 Aug 2025

11 Aug 2025

Allotment

12 Aug 2025

Refund

13 Aug 2025

Demat Credit

14 Aug 2025

Listing

14 Aug 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

8.22x

Total Demand

QIB Multiplier

16.71x

Institutions & Funds

NII / HNI

11.61x

High Net-Worth

Retail (RII)

1.92x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 8.22x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	48,979,594	818,650,266	16.71x
NIB	36,734,694	426,356,022	11.61x
HNIs(10L +)	24,489,796	325,354,194	13.29x
HNIs (2-10L)	12,244,898	101,001,828	8.25x
RETAIL	85,714,286	164,313,636	1.92x
Total	208,163,268	1,835,675,946	8.22x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.45x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	840,336	1,139,435	1.36x
HNIs(10L +)	17,150	46,791	2.73x
HNIs (2-10L)	8,575	67,204	7.84x
Total Applications	866,061	1,253,430	1.45x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About JSW Cement Limited Public Issue & Market Profile

JSW Cement Limited is bringing an initial public offering (IPO) in the Materials / Construction Materials sector with an aggregate issue size of ₹3,600 Crores. The shares are offered at a price band of ₹139 to ₹147 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-08-11, the basis of allotment is scheduled to be finalized on 2025-08-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is JSW Cement Limited IPO GMP today?

The latest Grey Market Premium (GMP) for JSW Cement Limited IPO is ₹4.8 per equity share. Based on the upper price band of ₹139 to ₹147 per equity share, the estimated listing price is ₹151.8 (+3.3% expected listing gain).

What is the expected profit per lot for JSW Cement Limited IPO?

With a lot size of 102 shares and current GMP of ₹4.8, the expected profit per application lot is approx ₹489.6 (+3.3% gain). Minimum application cost is approx ₹14,994.

What is the issue size and price band for JSW Cement Limited IPO?

The JSW Cement Limited IPO aggregate issue size is ₹3,600 Crores with an equity price band set at ₹139 to ₹147 per equity share. The retail lot size is 102 shares requiring a minimum capital outlay of approx. ₹14,994.

How can I check JSW Cement Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 8.22x (Retail: 1.92x, QIB: 16.71x, NII: 11.61x). You can track live multiples directly on our dedicated subscription page.

Where and when will JSW Cement Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-08-12. Investors can verify status using PAN card or application number.

When is the listing date for JSW Cement Limited IPO?

JSW Cement Limited shares are scheduled to list on NSE and BSE on 2025-08-14.