JSW Cement IPO Allotment Status: How to Check and Key Details

How to Check JSW Cement IPO Allotment Status

Investors can verify their allotment status using the following methods:

1. On BSE Website

1. Visit the BSE IPO allotment page.
2. Select ‘Equity’ as the Issue Type.
3. Choose ‘JSW Cement Limited’ from the Issue Name dropdown.
4. Enter your Application Number or PAN.
5. Complete the CAPTCHA verification and click ‘Search’.

2. On NSE Website

1. Go to the NSE IPO bid details page.
2. Select ‘Equity & SME IPO bid details.’
3. Choose ‘JSWCEMENT’ from the dropdown list.
4. Enter your PAN and Application Number.
5. Click ‘Submit’ to view your status.

3. On KFin Technologies Website

1. Visit the KFin Technologies IPO status page.
2. Select ‘JSW Cement Limited’ from the dropdown menu.
3. Choose one option: PAN, Application Number, or Demat Account Number.
4. Enter the required details and complete the CAPTCHA.
5. Click ‘Submit’ to view your status.

4. Via IPOwiz App

1. Download the IPOwiz App from the Play Store.
2. Add your PAN number in the app’s PAN section.
3. Navigate to the ‘Allotted’ section and select ‘JSW Cement IPO.’
4. View the allotment status for saved PAN numbers.

5. Via Demat or Bank Account

• Demat Account: Log in to check if shares are credited (expected by August 13, 2025).
• Bank Account: Verify if funds are debited (indicating allotment) or refunded (by August 13, 2025).

Key Details of JSW Cement IPO

• Issue Size: ₹3,600 crore (₹1,600 crore fresh issue + ₹2,000 crore OFS).
• Price Band: ₹139–₹147 per share.
• Lot Size: Minimum 102 shares (₹14,718 at upper price band).
• Subscription Status (as of August 11, 2025):
  • Overall: 7.77–8.22 times.
  • QIBs: 15.80–16.71 times.
  • NIIs: 10.97–11.60 times.
  • RIIs: 1.81–1.91 times.
• Use of Proceeds:
  • ₹800 crore for a new cement unit in Nagaur, Rajasthan.
  • ₹520 crore for debt repayment.
  • Remaining for general corporate purposes.
• Grey Market Premium (GMP): ₹4.25–₹6 (as of August 12, 2025), indicating a listing price of ₹151.25–₹153 (2.89–4.08% gain).
• Listing Date: August 14, 2025, on BSE and NSE.
• Refund & Demat Credit: Expected on August 13, 2025.

About JSW Cement

Incorporated in 2006, JSW Cement is a leading green cement manufacturer in India, with seven plants and a 20.60 MMTPA grinding capacity as of March 31, 2025. It holds an 84% market share in GGBS and ranks among India’s top 10 cement companies.

Market Outlook

Despite strong subscription, the GMP’s decline from ₹13 to ₹4.25–₹6 suggests muted listing gains due to rich valuations and earnings pressure. Experts recommend a long-term investment approach given JSW Cement’s growth potential in India’s infrastructure sector.