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Open
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Close
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Allotment
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Listing
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Issue Size
1,49,13,930 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| 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 |
| Total Borrowing | 32.00 | 14.94 | 77.27 | 116.05 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| JSW Cement Ltd. | Mainboard | ₹3,600.00 Cr | ₹147 | -112.61 | ₹146.07 | -0.63% | ₹132.12 (-1.35%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 100% OFS (Offer proceeds will go to the Selling Shareholders) |
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 manageme
Contact Details
Kanodia Cement Ltd. AddressA-21, Sector-16,Gautam Buddha Nagar,Sikandrabad, BulandshahrNoida, Uttar Pradesh, 2013010120-4561670ipo@kanodiagroup.co.inVisit Website