- CEO
- Nilesh Narwekar
- Full Time Employees
- 4,558
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- JSW Centre, Bandra Kurla Complex, Bandra (East Mumbai MA India 400051
- IPO Date
- Aug 14, 2025
- Business
- JSW Cement Ltd. manufactures and markets green cementitious products in India. The company produces Portland slag cement (PSC), Portland composite cement (PCC), ordinary Portland cement (OPC), ground granulated blast furnace slag (GGBS), clinker, and allied products including ready-mix concrete (RMC), screened slag, construction chemicals, and waterproofing compounds; it operates eight advanced manufacturing plants and three mines across states such as Maharashtra, Andhra Pradesh, West Bengal, Karnataka, and others, with a clinker grinding unit in Fujairah, UAE, serving the Middle East and Africa. Founded in 2009 and headquartered in Mumbai, Maharashtra, JSW Cement, part of the JSW Group, targets infrastructure and construction sectors with a focus on sustainability through waste heat recovery systems and co-processing. In recent developments, the company has expanded capacity from 6 million tonnes per annum (MTPA) to 14 MTPA, with plans to reach 25 MTPA in 24 months and triple to 60 MTPA longer-term; it raised Rs 1,080 crore from anchor investors including Nomura and Goldman Sachs ahead of a public offering, secured a Rs 400-crore sustainability-linked loan from MUFG Bank, received Rs 100 crore from SBI for a minority stake, inked deals for up to Rs 1,500 crore from Apollo Global and Synergy Metals, acquired mining leases in Madhya Pradesh via Springway Mining and NKJA Mining for 106 million tonnes of limestone reserves, upgraded its Nandyal clinkerisation facility, arranged slag sourcing from JSW Steel for southern markets, and plans asset acquisitions through the Insolvency and Bankruptcy Code route.