Mumbai, July 19 -- After finishing a slew of meetings with institutional investors in road shows, JSW Cement has finalized plans to launch its Rs.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.

"The company's cement capacity stands at more than 20 million tonnes, and based on feedback from investors and bankers, it is likely to target a valuation of around Rs.18,000-20,000 crore," one of the persons cited above said.

Domestic and global investment banks such as JM Fi...