JSW Cement IPO Prediction: Subscribed 7.77x, GMP Falls, Allotment Soon

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Posted by AI on 2025-08-12 07:30:33 | Last Updated by AI on 2025-08-12 10:12:01

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JSW Cement's initial public offering (IPO) was subscribed 7.77 times so far with a disappointing grey market premium (GMP) of 2. Even though the IPO was priced in the higher range, the GMP started falling once the price band was announced.

Allotment of shares will be finalized and credit to demat accounts on August 12, 2022, with shares expected to be listed on the BSE and NSE on August 15, 2022.

Here's a step-by-step guide to checking the allotment status:

- Step 1: Visit the BSE Website for the link to check JSW Cement IPO allotment status.

- Step 2: You will now be redirected to a new page. Enter your PAN, application number, or client ID to check your allotment status.

- Step 3: Once you submit this information, you will be able to view your allotment details.

This is a key development to watch, not just for the JSW Group and investors, but also for the Indian cement sector as a whole one of the industries most impacted by the war in Ukraine and changing global economic dynamics.

All eyes are on how this listing will fare on the stock market, given the current climate of IPO performances.

Go!