Backed by JSW Group and eco ambitions, the cement maker hits the market with big plans and bigger debt
07-Aug-2025•Khyati Simran Nandrajog
Adobe Stock
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?
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