IPO update: JSW Cement trims IPO size to Rs 3,600 crore; public issue to open on August 7
JSW Cement is set to launch its IPO on August 7, aiming to raise Rs 3,600 crore through a fresh issue and offer for sale. The funds will be used to part-finance a new cement unit in Rajasthan and repay borrowings. While revenue dipped slightly in FY25, the company holds a leading position in GGBS production.
JSW Cement is set to launch its IPO on August 7, aiming to raise Rs 3,600 crore through a fresh issue and offer for sale. The funds will be used to part-finance a new cement unit in Rajasthan and repay borrowings. While revenue dipped slightly in FY25, the company holds a leading position in GGBS production.
