JSW Cement IPO opens today, GMP hints at 6% listing gain

What happens when one of India’s biggest industrial groups launches an IPO for a loss-making but fast-growing cement arm? Investors sit up. The JSW Cement IPO worth Rs 3,600 crore is here, not just with growth ambitions, but with a green label to match. It’s a bet on India’s infrastructure boom and the global ESG wave. But is it a buy? What’s happening with the JSW Cement IPO? JSW Cement’s public issue opened on August 7 and will close on August 11. It comprises a Rs 1,600 crore fresh issue and Rs 2,000 crore offer for sale. The upper price band is Rs 147 per share. It has already raised Rs 1,080 crore from anchor investors, including glob