JSW Cement IPO Subscription Status
JSW Cement IPO closed on 11 August 2025 with an overall subscription of 8.22x based on shares applied. QIB demand came in at 16.71x, NII at 11.60x, and retail at 1.91x.
Allotment will be finalised on 12 August 2025. The stock is scheduled to list on NSE and BSE on 14 August 2025.
Issue Price
Rs 147.00
GMP Today
Rs 4.50 (+3.06%)
Overall Subscription
8.22x
Issue Size
₹3600.00 Cr
Allotment Date
12 Aug 2025
Listing Date
14 Aug 2025
JSW Cement IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 147.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 720.00 Cr | Rs 12,034.16 Cr | 16.71x |
| NII | Rs 540.00 Cr | Rs 6,265.80 Cr | 11.60x |
| sNII (Rs 2L to Rs 10L) | Rs 180.00 Cr | Rs 1,483.09 Cr | 8.24x |
| bNII (above Rs 10L) | Rs 360.00 Cr | Rs 4,782.71 Cr | 13.29x |
| Retail | Rs 1,260.00 Cr | Rs 2,409.46 Cr | 1.91x |
| Total | Rs 2,520.00 Cr | Rs 20,709.42 Cr | 8.22x |
JSW Cement IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 4,89,79,594 | 81,86,50,266 | 16.71x |
| NII | 3,67,34,694 | 42,62,44,638 | 11.60x |
| sNII (Rs 2L to Rs 10L) | 1,22,44,898 | 10,08,90,444 | 8.24x |
| bNII (above Rs 10L) | 2,44,89,796 | 32,53,54,194 | 13.29x |
| Retail | 8,57,14,286 | 16,39,09,104 | 1.91x |
| Total | 17,14,28,574 | 1,40,88,04,008 | 8.22x |
What Do These Subscription Numbers Mean?
A subscription of 8.22x by shares means the IPO received bids for 8 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 16.71x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 16.71x, it reflects serious institutional conviction.
NII at 11.60x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 1.91x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
JSW Cement IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 1.91x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 8.24x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 13.29x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the JSW Cement IPO Allotment Status page from 12 August 2025 for your allotment result.
JSW Cement IPO GMP After Subscription
GMP for JSW Cement IPO stands at Rs 4.50 today, giving an estimated listing price of Rs 151.50 per share.
A subscription of 8.22x combined with a GMP of 3.06% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the JSW Cement IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
JSW Cement IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Aug 2025 | 0.24x | 0.21x | 0.38x | 0.30x |
| Day 2 - 8 Aug 2025 | 0.26x | 0.65x | 0.76x | 0.59x |
| Day 3 - 11 Aug 2025 | 16.71x | 11.60x | 1.91x | 8.22x |
JSW Cement IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 August 2025 |
| IPO Close Date | 11 August 2025 |
| Allotment Date | 12 August 2025 |
| Refund Initiation | 13 August 2025 |
| Share Credit to Demat | 13 August 2025 |
| Listing Date | 14 August 2025 |
| Minimum Investment | Rs 14,994.00 |
| Lot Size | 102 shares |
About JSW Cement IPO
JSW Cement, part of the JSW Group, is one of the fastest-growing cement companies in India. According to a CRISIL report, it is among the top 10 cement companies in terms of sales volume and installed capacity (20. 60 MMTPA) as of March 31, 2025.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
JSW Cement IPO Subscription FAQs
What is JSW Cement IPO IPO subscription status today?
JSW Cement IPO IPO subscription closed on 11 August 2025 with overall subscription of 8.22x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 16.71x, NII 11.60x, Retail 1.91x.
What is the overall subscription of JSW Cement IPO IPO?
JSW Cement IPO IPO is subscribed 8.22x overall by shares at close on 11 August 2025. QIB 16.71x, NII 11.60x, and Retail 1.91x.
What is JSW Cement IPO IPO QIB subscription?
JSW Cement IPO IPO QIB (Qualified Institutional Buyers) subscription is 16.71x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is JSW Cement IPO IPO Retail subscription?
JSW Cement IPO IPO Retail subscription is 1.91x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is JSW Cement IPO IPO NII subscription?
JSW Cement IPO IPO NII (Non-Institutional Investors) subscription is 11.60x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in JSW Cement IPO IPO for retail?
JSW Cement IPO IPO retail share subscription is 1.91x. Application-wise data is needed for accurate lottery odds.
When is JSW Cement IPO IPO allotment date?
JSW Cement IPO IPO allotment date is 12 August 2025. Check JSW Cement IPO Allotment Status on IPOwiz from that day using your PAN.
When does JSW Cement IPO IPO subscription close?
JSW Cement IPO IPO subscription closed on 11 August 2025. No new applications are accepted after the close.
What is JSW Cement IPO IPO GMP today?
JSW Cement IPO IPO GMP is ₹5 today (+3.06% over issue price ₹147). See live GMP on the JSW Cement IPO GMP Today page.
What is JSW Cement IPO IPO issue price and lot size?
JSW Cement IPO IPO issue price is ₹147 per share. Lot size is 102 shares. Minimum investment is ₹14,994 per lot. Issue size: ₹3600.00 Cr.
When is JSW Cement IPO IPO listing date?
JSW Cement IPO IPO listing date is 14 August 2025 on NSE and BSE. Allotment is on 12 August 2025.
How does subscription affect JSW Cement IPO IPO allotment?
Allotment odds in JSW Cement IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 8.22x overall, competition is moderate.
For allotment results from 12 August 2025, visit the JSW Cement IPO Allotment Status page. For listing day updates on 14 August 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.