JSW Cement IPO: What to Know About GMP, Subscription Status and More

Let’s talk about the JSW Cement IPO—the anticipation, the numbers, and what investors are watching. I’ll walk you through everything, kind of like a conversation over coffee.

About JSW Cement IPO

The IPO is a mix of a fresh issue and offer for sale, aiming to raise around ₹3,600 crore. The fresh issue is ₹1,600 crore and the rest is being offloaded by existing shareholders. The price band sits between ₹139 and ₹147 per share.

Stock Price & Base Price

If you’re looking at the base price, it’s the same ₹139–₹147 range. Investors can apply starting at that lower end, with the upper band being ₹147 — that’s where much of the action is. The lot size? 102 shares minimum, which means you need around ₹15,000 if you bid at the top of the range.

Subscription Status

By Day 3, the IPO was subscribed nearly 8 times overall. QIBs (institutional) covered their portion by about 16×, NIIs by roughly 11×, and retail saw close to 2× interest. Overall, it ended around a 7.77× subscription rate. That’s quite a bit of demand.

Grey Market Premium (GMP) Today

Grey market trading had JSW Cement shares at a 3.4% premium over IPO price—as of the latest data—which is lower than the 6% observed just a day earlier. Another tracker had GMP around 4%.

IPO GMP Live vs Subscription

Here’s the mix: subscription tells us how many bids are coming in. GMP reflects market sentiment—what people think the stock might list near. With strong subscription and a softer GMP, it shows cautious optimism among early investors.

Lot Size, Issue Date & Timeline

The IPO window ran from August 7 to August 11. With allotment likely to be finalized soon, listing is expected on August 14 on both NSE and BSE.

Dividend, Bonus & Multibagger Talk

There’s no word yet on dividends or bonuses, and calling it a multibagger is too early. For now, it’s best viewed as a promising infrastructure play with long-term potential amid India’s growth push.

Live Watch & Disclaimer

Want to follow the “ipo subscription status” or “ipo gmp live”? Keep tabs on data from exchanges and grey market trackers. Just remember: grey market numbers are unofficial and may not pan out as the actual listing price.

Bottom Line

JSW Cement – backed by the JSW Group – is drawing solid attention. Subscription levels are robust, while GMP today reflects tempered enthusiasm. If you’re watching “jsw cement ipo gmp grey market premium” or “ipo subscription status”, you’re looking at both demand and sentiment. Let’s wait for listing to see how it all unfolds.