JSW Cement IPO Subscription & GMP Update – August 12, 2025
Final Subscription Status
JSW Cement’s ₹3,600 crore IPO closed with a robust overall subscription of 8.22 times:
Qualified Institutional Buyers (QIBs): 16.71x
Non-Institutional Investors (NIIs): 11.60x
Retail Individual Investors (RIIs): 1.91x
This strong institutional response reflects confidence in JSW Cement’s business model and future growth prospects. The IPO price band was set at ₹139–147 per share with a lot size of 102 shares. Allotment is being finalized on August 12, 2025, and listing is scheduled for August 14, 2025.
Grey Market Premium (GMP) Today
GMP as of August 12, 2025: ₹6 per share
Estimated Listing Price: ₹153 per share (approx. 4% gain over the upper IPO price band)
The GMP has shown mild bullish sentiment, pointing to moderate expected listing gains. While GMP earlier peaked at ₹19 during the week, it cooled to the current level as of final bidding and allotment.
Date GMP Estimated Listing Price Expected Listing Gain
August 12 ₹6 ₹153 ~4%
August 11 ₹5–6 ₹152 ~3.4%
August 8–10 ₹4–6 ₹151–152 ~3–4%
August 5 ₹19 ₹166 ~13%
Note: GMP is an indicative measure and not a guarantee of actual listing price.
Key Insights
Strong overall subscription, led by QIBs, signals solid long-term investor interest.
Mild but stable GMP points to a modest premium on listing, estimated at 3.5–4% above IPO price.
Investors should monitor fundamentals and post-listing performance for longer-term returns.
JSW Cement’s IPO has garnered significant attention and is poised for a steady listing based on its current GMP and robust subscription, especially from institutional investors. For allotment details, applicants should check via the IPO registrar KFin Technologies or the stock exchange portals on August 12, 2025
