JSW Cement Share Price Highlights: Stock erases all listing gains, slips below IPO price— Here’s how to trade now | Stock Market News

JSW Cement Share Price Highlights: Shares of JSW Cement Ltd made their debut in the Indian stock market today. JSW Cement shares debuted at ₹153 on the BSE, up 4.08%, while on the NSE, the scrip debuted at ₹153.50, a premium of 4.44%.

JSW Cement IPO opened for subscription on Thursday, August 7 and closed on Monday, August 11. JSW Cement IPO subscription status on the last bidding day was 7.77 times. The company fixed a price band of ₹139 to ₹147 per share for its IPO.

As per the CRISIL report, JSW Cement is the leading producer of ground granulated blast furnace slag (GGBS) in India, an environmentally friendly product made entirely from blast furnace slag, which is generated as a by-product of steel production, holding an 84 percent market share in GGBS sales for FY25.

Currently, the company runs its manufacturing facilities located in Vijayanagar, Karnataka; Nandyal, Andhra Pradesh; Salboni, West Bengal; Jajpur, Odisha; and Dolvi, Maharashtra.

The IPO process for the company is being managed by JM Financial Ltd, Axis Capital Ltd, Citigroup Global Markets India Pvt Ltd, DAM Capital Advisors Ltd, Goldman Sachs (India) Securities Pvt Ltd, Jefferies India Pvt Ltd, Kotak Mahindra Capital Company Ltd, and SBI Capital Markets Ltd.

(Stay tuned for more updates)