Track the latest JSW Cement IPO subscription status: Day 2 hit 56%, retail investors leading with 72%, QIBs sluggish at 24%. Allotment expected August 12 and listing on August 14.
JSW Cement IPO Subscription Status: What’s Happening?
Here’s your inside scoop, delivered with a cuppa in hand — the JSW Cement IPO (priced at ₹139–₹147) has picked up pace as it enters Day 3 of its subscription window (August 7–11, 2025). As of Day 2, it was already 56% subscribed, with a strong showing from retail and NIIs. QIBs, however, are still lagging.
Day-wise Subscription Breakdown
Day 1 (August 7)
- All Categories Combined: ~29% subscribed
- Retail (RII): ~36%
- NII: ~20%
- QIB: ~23%
MoneycontrolThe Economic Times
Day 2 (August 8)
- All Categories Combined: ~56% subscribed
- Retail (RII): ~72%
- NII: ~62%
- QIB: ~24%
MoneycontrolmintBusiness TodayBusiness Standard
Day 3 (August 9)
- Current Overall Subscription: ~62%
- GMP: Slimmed to ₹5–6 (~3–4% premium)
The Economic Times
How Sentiments Are Shifting: GMP & IPO Buzz
The Grey Market Premium (GMP) for JSW Cement started at about ₹20–21 (~13% gain expectation) following the price band reveal. It later dropped to ₹6–7 (~4%) on Day 1 and currently sits at ₹5–6 (~3%). This softening suggests that while optimism still exists, investor caution may be creeping in due to broader market trends.
The Economic Times+1mintThe Economic Times
Why Retailers Are Driving the IPO
Retail investors (RIIs) making up 72% of subscription suggests strong buzz among individual investors:
- JSW Cement is among the fastest-growing green cement producers.
- It’s backed by JSW Group, with ambitious capacity expansion plans.
- Over 77% of FY25 sales came from eco-friendly products like GGBS and PSC.
Moneycontrolmint+1Business TodayBusiness Standard
Meanwhile, analysts call it a “high-risk, high-reward” story—good for the bold, but stay watchful on financials and sector pressure.
Stocktwits
Timeline Snapshot
| Event | Date |
|---|---|
| Subscription Window | Aug 7–11, 2025 |
| Basis of Allotment | Aug 12, 2025 |
| Refunds / Share Credit | Aug 13, 2025 |
| Listing on NSE & BSE | Aug 14, 2025 |
FAQs
How much has the IPO been subscribed so far?
Around 62% overall by Day 3 (August 9), with strong demand from retail and NIIs; QIBs remain weaker.
mintThe Economic TimesBusiness TodayBusiness StandardMoneycontrol
What’s the current GMP for JSW Cement IPO?
Currently around ₹5–6 per share (~3–4% premium over ₹147 upper band).
mintThe Economic Times
When will allotment and listing happen?
Allotment should come through on August 12, shares credited on August 13, and listing expected on August 14.
Zerodha
Should I subscribe?
If you’re bullish on green cement demand and JSW’s expansion, the retail-led traction gives positive sentiment. But remember the company posted a net loss in FY25—consider your risk appetite.
Business StandardStocktwits
Closing Thoughts
The JSW Cement IPO subscription paints a picture of a retail-driven interest, accelerating steadily as the window nears closure. GMP decline indicates cautious mood, but the strong underlying value proposition remains. Watch for allotment figures on August 12 to map your next move.
Best of luck—may your IPO call be as strong as the cement after which it’s named!
📌 Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research or consult with a SEBI-registered advisor before investing.
