JSW Cement launches its Rs 3,600 crore IPO today. The IPO includes a fresh issue and an offer for sale. Shares are priced between Rs 139 and Rs 147. The IPO will close on August 11. Listing on NSE and BSE is expected on August 14. Proceeds will fund a new cement unit and debt repayment.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a