New Delhi, Aug. 9 -- JSW Cement initial public offering (IPO) opened for subscription on August 7 and will remain open till August 11. The mainboard IPO has been subscribed over 0.56 times so far.
Around 50 per cent of the shares are allocated for qualified institutional buyers (QIBs), at least 15 per cent for non-institutional investors (NIIs), and a minimum of 35 per cent of the offer is set aside for retail investors.
Established in 2009, JSW Cement is one of the three fastest-growing cement producers in India based on installed grinding capacity and sales volume from FY2015 to FY2025. According to CRISIL, the company ranks among the top 10 cement manufacturers in the country in terms of installed capacity and sales volume as of Marc...
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