JSW Cement IPO Allotment Status Live: Are You Among the Lucky Investors After 7.77x Subscription?

 


It’s the moment IPO watchers have been waiting for.

The allotment status for the ₹3,600 crore JSW Cement IPO is expected to be finalised today, August 12 — just a day after the issue closed. And given the frenzy it attracted, many investors are refreshing their browsers, wondering if their bid made the cut.

A Hotly Contested Issue

From the word go, this IPO was never short of attention. By the time the bidding window shut on August 11, JSW Cement had pulled in an overall subscription of 7.77 times.

The big guns — Qualified Institutional Buyers (QIBs) — came in heavy, booking 15.80 times their reserved quota. Non-Institutional Investors (NIIs) weren’t far behind at 10.97 times, while retail investors — often the emotional heartbeat of any IPO — subscribed 1.81 times their share.

When & Where the Shares Will List

For those who do land an allotment, the wait isn’t long. JSW Cement shares will debut on the BSE and NSE on August 14. The price band was set between ₹139 and ₹147 per share, with a minimum lot size of 102 shares (₹14,718 at the top end).

Where the Money’s Going

This isn’t just a cash grab. Out of the total ₹3,600 crore:

  • ₹1,600 crore (fresh issue) will go into a brand-new integrated cement unit in Nagaur, Rajasthan, repaying certain loans, and covering general corporate needs.

  • The other ₹2,000 crore comes via an offer for sale from existing shareholders.

The Brains Behind the Issue

The IPO was steered by Axis Capital, Kotak Mahindra Capital, ICICI Securities, HSBC Securities and Capital Markets, and IIFL Securities, with KFin Technologies overseeing the allotment process.

JSW Cement in Context

Part of the powerhouse JSW Group, the company has become one of India’s fastest-growing cement makers and commands a massive 84% market share in Ground Granulated Blast Furnace Slag (GGBS).

In FY25, it sold 7.09 million tonnes of cement and 5.2 million tonnes of GGBS, running at 63% grinding capacity and 84% clinker capacity.

How to Check Your JSW Cement IPO Allotment Status

  1. Head to the KFin Technologies IPO allotment page.

  2. Select JSW Cement IPO from the list.

  3. Enter your PAN, Application Number, or DP Client ID.

  4. Click Search — and hold your breath.

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