Last opportunity to bet in JSW Cement IPO, check the latest GMP, know when will be the allotment of shares

Admin — Sat, 09 Aug 2025 13:17:14 +0000

JSW Cement IPO: The IPO of the country’s veteran cement company JSW Cement has opened from 7 August. For this, investors will be able to bid till August 11. In the last two days, the IPO has received more than 56 times subscription. This public offer is rewarded for about 50 percent of qualified institutional buyers, about 35 percent of retail investors and the remaining 15 percent for Non-Institutional Investors.

Such subscription found in every category

This company, formed in 2009, is one of the three largest cement producers in India in terms of grinding capacity and sales in today’s time. According to CRISIL (Credit Rating Information Services of India Limited), it is one of the top 10 companies making cement in the country in terms of manufacturing capacity and sale by 31 March, 2025.

The issue has received 56 percent subscription in all the categories on the second day. It was also subscribed to 72 percent in the retail category, 23 percent in the NII segment and 23 percent in the QIBS segment.

How much is GMP?

On August 9, the company’s IPO is trading at a premium of Rs 8 in the gray market. While on August 7, it was trading at a premium of Rs 13. That is, it has fallen by 3 rupees in the last two days. According to Investorgen, the estimated listing of JSW Cement IPO is expected to be at Rs 155, which is about 5.44 % more than its upper price band 147.

According to the gray market trends seen in the last seven sessions, the GMP of the IPO is continuously increasing and its great performance is expected. According to experts of Investorgen.com, its minimum GMP has been recorded at Rs 0.00, while a maximum GMP of Rs 19 has been recorded.

How long will the share be allotted?

The IPO will sell a fresh share of Rs 1,600 crore and shares worth Rs 2,000 crore under the current shareholders offer-for-cell (OFS) window. The company will use Rs 800 crore raised from the IPO for partial funding of a cement factory in Nagaur, Rajasthan, to pay loans 520 crore and spend the remaining amount for general corporate purposes. The listing of JSW Cement shares will be on BSE and NSE on August 14, while the allotment is expected to be till August 12.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Also read:

Dividend Alert: Company is distributing dividend of Rs 156 on every stock, make a record date quickly

Source link

The post Last opportunity to bet in JSW Cement IPO, check the latest GMP, know when will be the allotment of shares appeared first on .

Amidst the boom in the stock market, these companies will raise more than one lakh crores

Admin — Mon, 26 May 2025 01:23:16 +0000

India and Pakistan stress recently, due to trump tariffs, the movement that was seen in the Indian stock market has now passed. Now the market is expected to be bright. It is said that more than 60 companies are preparing to bring IPOs at this time. According to reports, IPOs of more than one lakh crore have been approved by SEBI to 66 companies, including Veritas Finance, National Securities Depository, JSW Cement, LG Electronics companies are prominent and waiting to appear on the list of listed companies."Text-Align: justify;"> IPO out in six months

Experts even say that if the situation of Indian stock market is better, then a big improvement can be seen during the next one half. In the stock market, the Sensex has recorded a improvement of 13 percent from the bottom of April and the Nifty 50 from its lower levels. Similarly, Nifty Midcap has seen 18.6 percent growth during the same time and Nifty Small Capt Industries also saw a rise of 20.8 percent. & Nbsp;

January and February 10 IPO

Ten IPOs came in the market in two months of this year. However, after that no IPO came in March. & nbsp; But, in April, a company brought its IPO, that company is Ethan Energy. However, in May, two big IPOs came, these are Bellarize Industries and Borna Vives. It was also strongly welcomed by investors.

According to experts, the major reason behind the IPO in the market is that in India and Pakistan Due to the increased tension after the incident of Pahalgam , many companies held their capital. But, now that the ceasefire has been announced on the border between the two countries, after that the companies are starting to invest money again.

Four IPOs that are coming in the market this week are Skoda Tubes, Shloss Bangalore, Prostarm Info Systems and Age Vopack. Also, more than 60 companies, including HDB Financial Surveys, Tata Capital and Physicswala, have handed over the documents to SEBI and they are arranging for approval.