Announced Tue, 27 Oct, 2026 · 19:05 IST
Most IPO proceeds deployed as planned by September 2026
JSWCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Crisil Ratings said JSW Cement deployed Rs 1,502.93 million of IPO proceeds during the September 2026 quarter. Cumulative use reached Rs 15,313.73 million of Rs 16,000 million, leaving Rs 686.27 million. This included Rs 5,200 million for loan repayment, Rs 7,770.95 million for the Nagaur cement unit and Rs 1,848.21 million for general corporate purposes. No deviation or delay was reported.
Likely market impact
Planned use of proceeds supports the Nagaur expansion and debt reduction. With no deviation or delay, the news is broadly neutral for shareholders.