However, the total size of the problem is lower than the previously proposed problem of a maximum of RS 4,000 crore, according to the latest RHP.
The IPO will be opened for a public subscription on August 7 and will close on 11 August, while the bidding date of the anchor investors would be 6 August for JSW Cement, according to the Red Herring Prospectus (RHP) that was submitted on Friday.
The initial stock sale consists of a new issue of shares to shares worth RS 1,600 crore and an offer for sale of shares worth a maximum of RS 2,000 crore by investor shareholders.
As part of the OFS, Private Equity Giant Apollo Management, through its affiliated AP APIA Opportunist Holdings PTE LTD, will discharge shares worth RS 931.80 CRORE, SYNERGY METALS HOLDINGS HOLDING LTD will sell shares to RS 938.50 CRORE and State Bank of India. 70.70.70.70.70.70.70.70 and State Bank of India and State or India.
Synergy Metals Investments Holding is an arm of Synergy Metals and Mining Fund, A Private Equity Fund Set Up by A Former Executive or Steelmaker ArcelorMittal, Sudhir Maheshwari, in 2015. AS by Draft Papers, The Company Will Util-Finance, Rajasthan, and RS 520 Crore on PrePayment or repayment or excellent loans are used. The rest would be used for general business purposes. The company, based in Mumbai, previously intended to increase RS 4,000 Crore. At the time of submitting papers, JSW Cement said that it intended to pick up RS 2,000 crore from a new edition of shares and an offer for sale (OFS) of RS 2,000 crore by investor shareholders.
However, the size of the fresh capital increase was cut by RS 400 Crore of the new issue, according to the latest RHP.
In August 2024, JSW Cement submitted provisional IPO papers to SEBI, and later in September the regulator won the proposed initial stock sale of the company. On January 6, this year, the supervisor finally gave his observation to drive the IPO.
On March 31, 2025, the total loans from JSW Cement stood on RS 6,166.6 Crore.
On the Financial Front, the income of the company from the activities for FY25 RS was 5.813.1 Crore against RS 6.028.10 Crore in FY24 and RS 5,836,72 Crore in FY23.
The company reported a loss of RS 163.77 Crore in FY25. The win was RS 62 Crore in FY24 and RS 104 Crore in FY23.
From March 31, 2025, JSW Cement had an installed grinding capacity of 20.60 million tonnes per year (MMTPA).
According to the Crisil Report, JSW Cement is the largest manufacturer of ground-Granulated blast furnace snail (GGBS) from India, an environmentally friendly product that is fully produced from the battle of the blast furnaces (a by-product of the steel production process), with a market share in terms of GGBS sales of 84 percent in FY25.
The company is currently operated for production activities on units located in Vijayanagar in Karnataka, Nandyal in Andhra Pradesh, Salboni in West Bengal, Jajpur in Odisha and Dolvi in Maharashtra.
JSW Cement Via his subsidiary Shiva Cement has a vowel unit in Odisha.
JM Financial Ltd, Axis Capital LTD, Citigroup Global Markets India PVT LTD, Dam Capital Advisors LTD, Goldman Sachs (India) Securities PVT LTD, Jefferies India PVT Ltd, Kotak Mahindra’s Lto’s Responsible -Process of the company.
The shares of the company are mentioned on the BSE and NSE. PTI
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