JSW Cement IPO: Around a year after JSW Group’s infrastructure arm got listed on NSE, BSE, the cement arm of the conglomerate is eyeing a D-Street debut. JSW Cement has filed for a massive Rs 4,000 crore initial public offering (IPO) with market regulator Securities and Exchange Board of India.
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JSW Infrastructure had last year in September launched its Rs 2800 crore offering which was a fresh issue of 23.53 crore shares. The price band for JSW Infra’s public offer was Rs 113–119 per share, with a lot size of 126 shares and a minimum investment of Rs 14,994. On October 3, 2023, the company got listed on both the BSE and NSE.
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The last IPO from the JSW Group witnessed a remarkable 37.37x oversubscription.
