JSW Cement Ltd.: Building a Greener Future with Grit
From Greenfield Beginnings to India’s Green Cement Vanguard
Founded in 2009, JSW Cement embarked on its journey with a grinding unit in Vijayanagar, Karnataka. In under two decades, its grinding capacity ballooned from 16.3 MMTPA to 20.6 MMTPA by FY25—a staggering CAGR of 12.4%, nearly double the industry’s average.
Underpinning this growth is the company’s green cement focus: in 2024–25, JSW commanded an 84% share in India’s GGBS segment, a byproduct-based cement celebrated for significantly lowering carbon emissions.
Manufacturing Footprint & Expansion Ambitions
JSW Cement today operates seven plants across India—with integrated and grinding units—and a clinker facility in UAE, totaling 20.6 MMTPA grinding and 6.44 MMTPA clinker capacity as of March 2025.
Strategically expanding northward, the company plans to invest ₹800 crore from its IPO proceeds to set up a new integrated plant in Nagaur, Rajasthan, unlocking access to high-demand markets in Northern and Central India. This aligns with JSW Cement’s medium-term goal to scale grinding capacity to 42 MMTPA and, ultimately, to 60 MMTPA.
Green Footprint Beyond Capacity Numbers
JSW Cement’s sustainability achievements are real and measurable:
- Green Power: Incorporating 26.91 MW of solar and 21.19 MW of waste heat recovery systems (WHRS) across facilities.
- Low Carbon Intensity: Just 270 kg CO₂ per tonne of cementitious material, among the lowest in the industry.
- Eco-centric Strategy: Guided by a “CO-CREATE” framework emphasizing circular economy, energy transition, innovation, biodiversity, and ethical governance.
- Slag Cement Benefits: Each ton of slag cement reduces CO₂ emissions by 0.85 ton compared to OPC and requires nearly 90% less energy to produce
JSW Cement Ltd. IPO Timetable
| Particular | Date |
| IPO Open Date | 07 Aug 2025 |
| IPO Close Date | 11 Aug 2025 |
| Allotment Date | 12 Aug 2025 |
| IPO Listing Date | 14 Aug 2025 |
JSW Cement Ltd. IPO Details
| Issue Type | Fresh Capital & Offer For Sale |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 139 to 147 Per Equity Share |
| Market Lot | 102 Share |
| ISIN Code | |
| Listing At | NSE, BSE |
| Issue Size | Approx. Rs. 3600 Crore. |
JSW Cement Ltd. IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 102 | Rs. 14994 |
| Maximum | 13 | 1326 | Rs. 194922 |
| Small HNI (Minimum) | 14 | 1428 | Rs. 209916 |
| Big HNI (Minimum) | 67 | 6834 | Rs. 1004598 |
JSW Cement Ltd. IPO Allotment Status
Click Here To Check IPO Allotment Status JSW Cement Ltd. IPO
Click Here To Get ASBA Forms JSW Cement Ltd. IPO
Company Financials :
| Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Total Assets | 12003.94 | 11318.91 | 10218.61 |
| Total Revenue | 5914.67 | 6114.60 | 5982.21 |
| Profit After Tax | -163.77 | 62.01 | 104.04 |
Company Promoters:
Sajjan Jindal, Parth Jindal, Sangita Jindal, Adarsh Advisory Services Private Limited and Sajjan Jindal Family Trust are the company promoters.
Objects of this Issue:
- Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan.
- Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| JSW Cement Ltd. JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051 Phone: +91 22 4286 3114 Email: secretarial.jswcl@jsw.in Website: http://www.jswcement.in/ | Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: jswcement.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
