मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

JSW Cement IPO: A green challenger

Mint Kolkata

|

August 07, 2025

The ₹3,600 crore initial public offering isn't built on claims of being the biggest—but possibly the greenest

- Mayur Bhalerao

In a cement industry defined by scale, legacy brands, and capital-heavy operations, JSW Cement Ltd is taking a distinctly unconventional route to the public markets. Its ₹3,600 crore initial public offering (IPO), set to open Thursday, isn't built on claims of being the biggest—but possibly the greenest.

Priced between ₹139 and ₹147 per share, the issue includes a ₹1,600 crore fresh issuance aimed at expansion and a ₹2,000 crore offer for sale by existing shareholders. Proceeds will fund ₹800 crore towards a new integrated plant in Rajasthan, ₹520 crore for debt reduction, and the remainder for strategic growth initiatives.

While established players such as UltraTech Cement Ltd, Shree Cement Ltd, and Ambuja Cements Ltd dominate through capacity, pricing power, and brand equity, JSW Cement is positioning itself as a lean, environmentally conscious challenger aligned with India's decarbonization goals.

Mint Kolkata से और कहानियाँ

Mint Kolkata

When LLMs learn to take shortcuts, they become evil

Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.

time to read

2 mins

November 28, 2025

Mint Kolkata

Investors expect AI use to soar. That's not happening

An uncertain outlook for interest rates. Businesses may be holding off on investment until the fog clears. In addition, history suggests that technology tends to spread in fits and starts. Consider use of the computer within American households, where the speed of adoption slowed in the late 1980s. This was a mere blip before the 1990s, when they invaded American homes.

time to read

2 mins

November 28, 2025

Mint Kolkata

Would you like to be interviewed by an AI bot instead?

don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.

time to read

3 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

Can I claim TDS refund despite missing return filing deadline?

I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in, did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I was advised by a friend that I could claim a refund of TDS at the time of filing my tax return due to the benefits of the Double Taxation Avoidance Agreement (DTAA).

time to read

2 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

Tech startups on M&A route to boost scale, market share

M&As were earlier used to enter new markets or geographies, but that strategy has evolved

time to read

2 mins

November 28, 2025

Mint Kolkata

Doing India’s needy a good turn: Everyone is welcome to pitch in

What may seem weakly linked with positive outcomes on the ground could work wonders over time

time to read

3 mins

November 28, 2025

Mint Kolkata

Refiners, SCI tap Korean giants for local shipyard

Indian Oil, Bharat Petroleum and Hindustan Petroleum are part of the discussions

time to read

2 mins

November 28, 2025

Mint Kolkata

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

1 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

Mint Kolkata

Mint Kolkata

What if China weaponizes its dominance of pharma inputs?

Overdependence on China for drug-making should worry the US

time to read

3 mins

November 28, 2025

Listen

Translate

Share

-
+

Change font size