JSW Cement Ltd IPO has ₹27 Grey Market Premium as of November 26, 2024, with a price range expected is Rs 325 to Rs 327 per share. Offering lots of 1200 shares, the subscription window is open from January 20 to January 22, 2025 (Tentative). .
JSW Cement Ltd IPO GMP Today
The Grey Market Premium (GMP) for JSW Cement Ltd is ₹27 as of December 2, 2024. This assessment coincides with a price expected to be Rs 325 to Rs 327 per share for the IPO.
JSW Cement Ltd IPO Review
JSW Cement’s financial performance shows growth in revenue, equity, and liabilities, indicating expansion. Revenue rose from ₹46,685.70 million in March 2022 to ₹60,281.03 million in March 2024. However, declining profitability, EPS, and RoNW raise concerns for investors.
Profitability challenges persist, with PAT dropping from ₹2,326.49 million in March 2022 to ₹620.13 million in March 2024. EPS declined from ₹2.46 to ₹0.90, while RoNW fell from 11.46% to 3.64%, reflecting reduced returns for shareholders.
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JSW Cement Ltd IPO Date
JSW Cement Ltd will start accepting subscriptions from January 20 to January 22, 2025 (Tentative).
JSW Cement Ltd IPO Price
JSW Cement Ltd’s price range is expected to be Rs 325 to Rs 327 per share with a face value of ₹10 each.
JSW Cement Ltd
JSW Cement Limited, India’s largest GGBS manufacturer, dominates the green cement market with products like GGBS, PSC, and PCC, emphasizing sustainability. Since 2009, it has expanded across India and the UAE, leveraging limestone mines, steel plant partnerships, and strategically located plants. Efficient road and rail connectivity ensures cost-effective raw material sourcing and distribution to key markets.
How To Apply For JSW Cement Ltd IPO?
To apply for the JSW Cement Ltd IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for JSW Cement Ltd on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the JSW Cement Ltd IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.