JSW Cement IPO: Rs. 1,600 Crore Fresh Issue & Rs. 2,000 Crore Offer for Sale to Boost Production

Analysts are closely watching the JSW Cement IPO rise as demand for infrastructure stocks continues to rise. A year ago, in August 2024, JSW Cement filed for an IPO, . However, the regulatory delays include SEBI’s hold in September. Overcoming all the hurdles, the final approval arrived in January 2025.

Following that, the company planned to deploy Rs. 800 crore from the fresh issue to partially finance one of its new plants at Nagaur, Rajasthan. It also paid a long-standing debt of Rs. 520 crore, leaving the balance toward general purposes. As of March 31, 2025, debt was reduced remarkably and stood at Rs. 6,166 crore.

JSW Cement currently operates seven plants with 20.6 MTPA capacity, planning to scale to 41.8 MTPA over the next 4–5 years. On a different note, the steel unit of the company and its Japanese partner, JFE Steel Corporation, have planned to invest Rs 5,845 crore to expand the manufacturing capacity of electrical steel in two of its plants to meet the required demand.