Comparison between JSW Cement IPO and Kalpataru IPO.
JSW Cement IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kalpataru IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of JSW Cement IPO is up to ₹3,600.00 Cr whereas the issue size of the Kalpataru IPO is up to ₹1,590.00 Cr. The final issue price of JSW Cement IPO is ₹147.00 per share and of Kalpataru IPO is ₹414.00 per share.
| JSW Cement IPO | Kalpataru IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹139.00 per share | ₹387.00 per share |
| Issue Price (Upper) | ₹147.00 per share | ₹414.00 per share |
| Issue Price (Final) | ₹147.00 per share | ₹414.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹38.00 per share | |
| Market Lot Size | 102 shares | 36 shares |
| Fresh Issue Size | 10,88,43,537 shares | 3,84,24,456 shares |
| Fresh Issue Size (Amount) | up to ₹1,600.00 Cr | up to ₹1,590.00 Cr |
| OFS Issue Size | 13,60,54,421 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2,000.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 24,48,97,958 shares | 3,84,24,456 shares |
| Issue Size Total (Amount) | up to ₹3,600.00 Cr | up to ₹1,590.00 Cr |
JSW Cement IPO opens on Aug 07, 2025, while Kalpataru IPO opens on Jun 24, 2025. The closing date of JSW Cement IPO and Kalpataru IPO is Aug 11, 2025, and Jun 26, 2025, respectively.
| JSW Cement IPO | Kalpataru IPO | |
|---|---|---|
| Anchor Bid Date | Aug 06, 2025 | Jun 23, 2025 |
| Issue Open | Aug 07, 2025 | Jun 24, 2025 |
| Issue Close | Aug 11, 2025 | Jun 26, 2025 |
| Basis Of Allotment (Tentative) | Aug 12, 2025 | Jun 27, 2025 |
| Initiation of Refunds (Tentative) | Aug 13, 2025 | Jun 30, 2025 |
| Credit of Share (Tentative) | Aug 13, 2025 | Jun 30, 2025 |
| Listing date (Tentative) | Aug 14, 2025 | Jul 01, 2025 |
| Anchor Lockin End date 1 | Sep 10, 2025 | Jul 26, 2025 |
| Anchor Lockin End date 2 | Nov 09, 2025 | Sep 24, 2025 |
JSW Cement IPO P/E ratio is -112.61, as compared to Kalpataru IPO P/E ratio of -59.52.
| JSW Cement IPO | Kalpataru IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)JSW Cement Ltd.'s revenue decreased by 3% and profit after tax (PAT) dropped by 364% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
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| Promoter Shareholding (Pre-Issue) | 78.61 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.33 | 81.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -112.61 | -59.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹20041.46 Cr. | ₹8524.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -6.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 7.05% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-1.31 | ₹-6.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -4.85% | -10.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the JSW Cement IPO Retail Individual Investors (RII) are offered 8,57,14,286 shares while in Kalpataru IPO retail investors are offered 8,57,14,286 shares. Qualified Institutional Buyers (QIB) are offered 4,89,79,592 shares in JSW Cement IPO and 1,14,06,523 shares in Kalpataru IPO.
| JSW Cement IPO | Kalpataru IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,34,69,386 shares | 1,71,09,783 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,89,79,592 shares | 1,14,06,523 shares |
| NII | 3,67,34,694 shares | 57,03,260 shares |
| RII | 8,57,14,286 shares | 38,02,173 shares |
| Employee | 0 shares | 4,22,872 shares |
| Others | ||
| Total | 24,48,97,958 shares | 3,84,44,611 shares |
JSW Cement IPO subscribed 8.22x in total, whereas Kalpataru IPO subscribed 2.31x.
| JSW Cement IPO | Kalpataru IPO | |
|---|---|---|
| QIB (times) | 16.71x | 3.12x |
| NII (times) | 11.60x | 1.40x |
| Big NII (times) | 13.29x | 1.48x |
| Small NII (times) | 8.24x | 0.80x |
| RII (times) | 1.91x | 1.43x |
| Employee (times) | 0.76x | |
| Other (times) | ||
| Total (times) | 8.22x | 2.31x |