JSW Cement IPO

JSW Cement is the largest growing cement manufacturing company in India in terms of rising installed grinding capacity and sales volume.

JSW Cement is the country’s single largest manufacturer of Ground Granulated Blast Furnace Slag (GGBS), with a market share of 82.70% in FY24.

JSW Cement has strategically located its plants, which are well-connected to raw material sources and major consumption markets via road and rail networks.

JSW Cement has a wide sales and distribution network of 5,043 dealers, 10,412 sub-dealers, and 6,268 direct customers as of March 2024.

JSW Cement relies on key raw material (limestone) used to manufacture cement via its four mines in India. Any inability to continue with these mines can impact the business.

JSW Cement is largely dependent on JSW Steel Limited and its associate companies to source blast furnace slag, a key element to manufacture ground granulated blast furnace slag and blended cement.

JSW Cement depends on uninterrupted power and fuel for its operations, using coal, petcoke, and electricity. Any disruption or hike in the costs of power and fuels can impact profitability.

JSW Cement promoter Sajjan Jindal and other promoter group entities received show cause notices from SEBI for regulatory violations. They’ve responded and filed for settlements or appeals, but any negative outcome may harm JSW Cement's business and reputation.