JSW Cement to hit markets in August with ₹4,000 crore IPO at ₹20,000 crore valuation

MUMBAI :After finishing a slew of meetings with institutional investors in road shows, JSW

Cement has finalized plans to launch its ₹4,000-crore initial public offering (IPO) in the first week of August, two people with knowledge of the development said.The company will file an updated red herring prospectus (RHP) with the market regulator by this month-end, the people added on the condition of anonymity. It had filed a draft RHP (DRHP) last August.

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