JSW Cement IPO GMP History
JSW Cement IPO has been listed on August 14, 2025 at a listing price of ₹153.5, against the issue price of ₹147 — a gain of ₹6.5 (+4.42%). The GMP peaked at ₹20 on 3 August 2025 and reached a low of ₹4 on 12 August 2025. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
JSW Cement IPO raised ₹3600 Cr. through its IPO at a price band of ₹139 to ₹147 per share, with a lot size of 102 shares. The IPO was open for subscription from 07 Aug 2025 to 11 Aug 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 5:58 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 12 Aug 2025 | ₹ 4 | — | 3% | — | — |
| 11 Aug 2025 | ₹ 4 | ▼ | 3% | — | — |
| 10 Aug 2025 | ₹ 5 | ▼ | 3% | — | — |
| 08 Aug 2025 | ₹ 9 | ▼ | 6% | — | — |
| 07 Aug 2025 | ₹ 12 | ▲ | 8% | — | — |
| 06 Aug 2025 | ₹ 6 | ▼ | 4% | — | — |
| 05 Aug 2025 | ₹ 16 | ▼ | 11% | — | — |
| 04 Aug 2025 | ₹ 19 | ▼ | 13% | — | — |
| 03 Aug 2025 | ₹ 20 | — | 14% | — | — |
JSW Cement IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 07 Aug 2025
- Close 11 Aug 2025
- Allotment 12 Aug 2025
- Refund/credit 13 Aug 2025
- Listing 14 Aug 2025
JSW Cement IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹147 |
|---|---|
| GMP-based estimate (pre-listing) | ₹151 (+2.7%) |
| Listing gain / loss | +₹6.5 per share |
| Listing date | 14 Aug, 2025 |
| Actual listing price | ₹153.5 (+4.42%) |
Is JSW Cement IPO GMP reliable?
Grey market premium for JSW Cement IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the JSW Cement IPO full review for a fundamentals-based assessment before making any grey market trades.
JSW Cement IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for JSW Cement IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About JSW Cement IPO
JSW Cement Limited was incorporated in 2006 and is part of the JSW Group. It makes blended cement, Ordinary Portland Cement and ground granulated blast furnace slag.
The company operated seven plants, including one integrated unit, one clinker unit and five grinding units. These are in Andhra Pradesh, Karnataka, Tamil Nadu, Maharashtra, West Bengal and Odisha.
Installed grinding capacity on 31 March 2025 was 20.60 MMTPA. Of this, 11.00 MMTPA was in the south, 4.50 MMTPA in the west and 5.10 MMTPA in the east.
The IPO was Rs 3,600 crore, with Rs 1,600.00 crore of fresh issue and Rs 2,000.00 crore of offer for sale. Rs 800.00 crore was planned for a new integrated cement unit and Rs 520.00 crore for repaying borrowings.
Frequently asked
What is the GMP of JSW Cement IPO?
The current Grey Market Premium (GMP) of JSW Cement IPO is ₹ 4.
What is the Kostak Price of JSW Cement IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for JSW Cement IPO is not available.
What is the Subject to Sauda Price of JSW Cement IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of JSW Cement IPO?
JSW Cement IPO listed on August 14, 2025 at ₹153.5, against the issue price of ₹147 — a gain of +4.42%.
How did the GMP of JSW Cement IPO trend before listing?
The GMP of JSW Cement IPO was stable in its final days before listing. The GMP peaked at ₹20 on 3 August 2025. View the day-wise table above for the complete GMP history.
Explore JSW Cement IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
