JSW Cement IPO Listing Live: Shares Debut At 4% Premium Over IPO Price
JSW Cement shares listed at 4% premium over the IPO price. The scrip opened at Rs 153.5 apiece on the NSE and Rs 153 on the BSE.
The issue price was Rs 147.
JSW Cement Listing Live: Discovery Price
The discovery price of JSW Cement shares is Rs 153, a 4% premium over the IPO price.
JSW Cement Listing Live: Sajjan Jindal Speaks At NSE
“No matter what Trump says, India is the fastest growing major economy in the world,” JSW Group Chairman Sajjan Jindal said.
Sajjan Jindal speaks at NSE during JSW Cement listing ceremony. (Image: NSE)
JSW Cement Listing Live: MD Parth Jindal Speaks At NSE
Parth Jindal speaks at NSE during JSW Cement listing ceremony. (Image: NSE)
JSW Cement Listing Live: Sajjan Jindal At NSE For Ceremony
Billionaire Sajjan Jindal along with his family is attending the JSW Cement listing ceremony at the NSE in Mumbai.
Billionaire Sajjan Jindal along with his family is attending the JSW Cement listing ceremony at the NSE in Mumbai. (Image: NSE)
Listing Live: Issue Price For JSW Cement, All Time Plastics
The issue price of JSW Cement is Rs 147, based on the upper price band of the IPO.
The issue price of All Time Plastics is Rs 275.
JSW Cement Listing Live: Tepid Response & High Debt Weigh On GMP
JSW Cement IPO: Tepid subscription given ‘JSW’ brand.
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7.77 times subscription applications were received.
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Retail Individual Investors (RIIs): 1.81 times.
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QIBs and NII subscription at 15x and 10x.
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Grey Market Premium made a high of Rs 19 on Aug 5 and low of Rs 8 on Aug 7.
What to Watch
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JSW currently does not have any capacity in North India.
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Plans to double its installed cement grinding capacity to 41.9 MMTPA.
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Looking to improve realization, lowest in the industry currently.
All Time Plastics Listing Live: Pre-Open Session Starts
The pre-open order placement session has started for All Time Plastics.
This will last for 45 minutes (9:00 a.m. to 9:45 a.m.), during which orders may be entered, modified, and cancelled. No orders will be executed during this time.
JSW Cement Listing Live: Pre-Open Session Starts
The pre-open order placement session has started for JSW Cement.
This will last for 45 minutes (9:00 a.m. to 9:45 a.m.), during which orders may be entered, modified, and cancelled. No orders will be executed during this time.
JSW Cement IPO Listing Live: GMP Today
Shares of JSW Cement are scheduled to be listed on the BSE and NSE on Aug. 14.
According to InvestorGain, GMP for the JSW Cement IPO stood at Rs 4.5 per share as of 8:30 a.m. today. The latest GMP indicates an estimated listing price of Rs 151.5 apiece at a premium of 3% over the upper limit of the IPO price band.
Note: GMP does not represent official data and is based on speculation.
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