JSW Cement IPO Allotment Status and GMP Today: What to Expect Ahead of Listing

The JSW Cement IPO was an eagerly awaited ₹3,600 crore issue, open for subscription from August 7 to August 11, 2025 It was massively oversubscribed overall—7.7 to 8.2 times, reflecting strong investor demand Notably, the QIB segment led the charge, being subscribed 15.8 to 16.7 times, NIIs at around 11 times, and the retail portion at 1.8 to 1.9 times

IPO Structure & Use of Proceeds

The IPO comprised a fresh issue of 10.88 crore shares (₹1,600 crore) and an offer-for-sale (OFS) of 13.61 crore shares (₹2,000 crore). Funds from the fresh issue are earmarked for expansion (new unit in Rajasthan), debt repayment, and general corporate purposes

Allotment Status – When & How to Check

Finalization Date & Process

The allotment basis was finalized on August 12, 2025 Investors are able to check their allotment status now. Refunds for unallotted bids and demat credit for successful applicants are expected on August 13, with listing scheduled for August 14 on both BSE and NSE.

Allocation Breakdown Across Investor Categories

QIBs: ~16 times oversubscribed

NIIs: ~11 times

Retail investors: ~1.8–1.9 times
This varied demand climate gives retail applicants moderate chances, while institutional investors faced intense competition

Platforms for Checking Allotment

You can check JSW Cement IPO allotment status via the following:

KFin Technologies (Registrar): Choose ‘JSW Cement,’ enter your PAN, application number, or demat account details

BSE Website: Under ‘Status of Issue Application’ → select ‘Equity’ and ‘JSW Cement’ → enter PAN/application number

NSE Website: Visit IPO allotment section → choose Equity & SME IPO bids → select ‘JSW Cement’ → enter PAN and application number

Grey Market Premium (GMP) Insights

What GMP Indicates

GMP reflects investor sentiment and expected listing day performance. A positive GMP generally signals confidence and expected listing gains.

GMP Trends – From Launch to Listing Day

Early in bidding: GMP stood high at around ₹12–13 (~8% premium)

By final day: GMP dropped to ₹2–4 (~1.4%)

Mid-August 12: GMP hovered at ₹4.25 (~2.9%)

Latest figures: GMP stable at ₹4.5 (~3% premium), estimating a listing price of ₹151 per share

This softening trend may reflect risk-averse sentiment or market caution, but the still-positive GMP indicates modest optimism.

What This Means for You as an Investor

Expected Listing Scenario

If GMP remains around ₹4–4.5, the stock could list at ~3% premium over the ₹147 issue price—around ₹151–152. Not a dramatic pop, but a healthy gain.

Implications for Different Investor Categories

Retail Investors: With ~1.8x subscription, many may receive full or partial allotment; a 3% listing gain is modest but still rewarding if you’re allotted.

Institutional Investors: Face high competition but may see returns aligned with their long-term strategy.

All Applicants: It’s a good time to check the allotment status and plan ahead—especially around listing date and potential trades.

Conclusion

The JSW Cement IPO has turned into one of India’s most watched public offerings this August. Oversubscribed nearly 8 times, allocation finalized on August 12, with updates live via KFinTech, BSE, and NSE. GMP around ₹4–4.5 suggests a modest 3% listing gain on August 14, offering solid yet measured returns for allotted investors. If you’ve placed your bid, now’s the time to check your status—and get set for the listing wave!