JSW Cement to Offer ₹811 Cr Stake in JSW One IPO

JSW Cement Limited's Board of Directors has approved the company's participation in the proposed Initial Public Offering (IPO) of JSW One Platforms Limited (JOPL). JSW Cement will offer for sale equity shares of JOPL aggregating up to ₹811 Crores as a Promoter Selling Shareholder. This decision follows a similar approval by JSW Steel Limited, the joint venture partner. The participation is subject to market conditions and necessary regulatory approvals. JOPL contributed ₹90 crores in profit for FY 2025-26, representing 0.35% of JSW Steel's consolidated net profit after tax. The net worth impact of JSW Cement's investment in JOPL as of March 31, 2026, was ₹68 crores, or 0.06% of JSW Steel's consolidated net worth. The IPO details, including price, will be determined later.