OUR BUSINESS
We started our operations in 2009 We are India’s largest manufacturer of ground granulated blast furnace slag (“GGBS”), an eco-friendly product produced entirely from blast furnace slag (a by-product of the steel manufacturing process), with a market share
in terms of GGBS sales of 82.70% in Fiscal 2024.
Our green cementitious products which include
(i) products with GGBS, (ii) portland slag cement (“PSC”) (iii) portland composite cement (“PCC”)
- Ordinary Portland Cement (OPC)
- Portland Slag Cement (PSC)
- Portland Pozzolana Cement (PPC)
- Portland Composite Cement (PCC)
we have expanded our presence across the southern, western and eastern regions of India and UAE.
Our product portfolio consists of blended cement (including PSC and PCC), GGBS, ordinary portland cement (“OPC”), clinker and a range of allied cementitious products such as ready mix concrete (“RMC”), screened slag, construction chemicals and waterproofing compounds.
we operated seven plants in India, which comprise one integrated unit, one clinker unit and five grinding units across the states of
Andhra Pradesh (Nandyal plant), Karnataka (Vijayanagar plant), Tamil Nadu (Salem plant), Maharashtra (Dolvi plant), West Bengal (Salboni plant), Odisha (Jajpur plant and our majority owned Shiva Cement Limited clinker unit).
JSW Cement FZC also operates one clinker unit in the UAE that supplies clinker to the Dolvi grinding unit in western India and to third-party customers.
To ensure consistent supply of limestone, which is a key raw material for cement production, we have the right to mine across 10 limestone mines in India, with an aggregate limestone residual reserve of 1,098.88 million metric tonnes (“MMT”) as of March 31, 2024.
We have entered into longterm contracts and established strong raw material linkages to ensure a reliable supply of raw materials for our operations. For example, we have entered into long-term contracts with JSW Steel Limited and another majorsteel producer in east India for the reliable supply of blast furnace slag to manufacture GGBS.
We are part of the JSW Group, a multinational conglomerate with a portfolio of diversified businesses across various sectors such as steel, energy, maritime, infrastructure, defence, business-to-business e-commerce, realty, paints, sports and venture capital. As part of the JSW Group.
OBJECTS OF ISSUE
1. Part financing the cost of establishing a new integrated cement unit at Nagaur, Rajasthan.
2. Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company.
3. General corporate purposes.
Qualitative Factors
Comparison of Accounting Ratios with Peer Group Companies :-
- UltraTech Cement Limited.
- Ambuja Cements Limited.
- Shree Cement Limited.
- Dalmia Bharat Limited.
- JK Cement Limited.
- The Ramco Cements Limited.
- India Cements Limited.
