JSW Cement IPO, Aug. 6 -- The initial public offer (IPO) of JSW Cement is set to open for subscription on Thursday, August 7. The cement arm of the steel-to-autos JSW conglomerate first filed to go public last August, but the country's markets regulator put it on ice for four months without disclosing a reason and approved the filing only in January this year.
Now, with the issue set to finally open for subscription, here are the key details investors must know:
JSW Cement's Rs.3,600 crore IPO is a mix of fresh issue of 10.88 crore shares, worth Rs.1,600 crore, and an offer for sale of 13.61 crore shares worth Rs.2,000 crore. The price band for JSW Cement IPO pegs its market cap at a little over Rs.20,000 crore.
JSW Cement IPO subscrip...
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