Kanodia Cement IPO Details
MAINBOARD
Kanodia Cement IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
Pre-issue shareholding stands at 7,45,69,650, which will increase to 7,45,69,650 post-issue.
The Lead Managers for Kanodia Cement IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Anand Rathi Advisors Ltd, IIFL Capital Services Ltd, Oneview Corporate Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Kanodia Cement Limited DRHP.
Kanodia Cement IPO Details
Kanodia Cement IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Kanodia Cement IPO Reservation
Promoter Holding
Documents
Kanodia Cement IPO Valuations
Kanodia Cement Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 677.39 | 581.78 | 500.06 | 498.43 |
| Total Income | 731.79 | 900.12 | 669.09 | 493.05 |
| Profit After Tax | 98.19 | 113.87 | 55.55 | 40.41 |
| Net Worth | 498.39 | 400.20 | 286.34 | 230.89 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 32.00 | 14.94 | 77.27 | 116.05 |
| Amount in ₹ Crore | ||||
About Kanodia Cement IPO
Kanodia Cement Limited was established in 2009 and is headquartered in Noida, Uttar Pradesh. The company is a leading cement manufacturer with six plants across five states, located in Sikandrabad, Bulandshahr, and Amethi (Uttar Pradesh), as well as Bhabua (Bihar), with a combined cement production capacity of 3.54 million tonnes per annum (MTPA).
Business Models
- B2B Contract Manufacturing – Supplying cement for established third-party brands.
- B2C Consumer Brands – Manufacturing and marketing its own branded cement products.
Product Portfolio
- Concrete Gold Cement
- Bigcem Cement
- Bigcem Premium Plus Cement
Key Strengths
- Strategic and timely capacity expansions, contributing to growth in production capacity, sales volume, and operating revenue.
- A pioneer in cement contract manufacturing with well-established partnerships with major cement brands.
- Strategically located manufacturing units offering efficient market access, reduced freight costs, and proximity to blending materials—combined with eligibility for state-backed incentives.
- Consistent financial performance, supported by a focused and capital-efficient business model.
- Led by an experienced promoter and a capable senior management team.
Strength Of Kanodia Cement IPO
Risk Of Kanodia Cement IPO
Objectives Kanodia Cement IPO
1. 100% OFS (Offer proceeds will go to the Selling Shareholders)
Company Contact Details
Kanodia Cement Ltd.
A-21, Sector-16,
Gautam Buddha Nagar,
Sikandrabad, Bulandshahr
Noida, Uttar Pradesh, 201301
Phone: 0120-4561670
Email: ipo@kanodiagroup.co.in
Website: https://kanodiagroup.co.in/
Registrar Contact Details
Kanodia Cement IPO - FAQs
The Kanodia Cement IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.