JSW Cement IPO subscribed 79% on final day so far; GMP at 3%. Should you apply?

JSW Cement’s IPO is seeing modest activity in the grey market, with shares likely to debut around ₹152—about 3.4% above the issue price. The GMP signals cautious optimism, suggesting a potentially stable listing. However, as it stems from informal, off-market trades, it should be treated as a sentiment gauge rather than a definitive forecast of the listing price.