Kanodia Cements is a cement manufacturer operating through satellite grinding units (SGUs) in Uttar Pradesh and Bihar, with a focus on blended cement products such as Portland Pozzolana Cement and Composite Cement. Its business model combines business-to-business contract manufacturing for established cement brands with the production and marketing of its own consumer brands. According to the CRISIL Report, the company is among the pioneers of contract cement manufacturing in India. As of December 31, 2024, it operates five SGUs with an aggregate installed cement manufacturing capacity of 3.54 million tonnes per annum (MTPA).
The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹0.00 (1.49 Cr Shares) |
Total Issue₹0.00 (1.49 Cr Shares) |
Face Value₹10 per equity share |
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-23 |
|---|---|---|---|---|
| Revenue | 719.56 | 887.91 | 665.28 | 488.45 |
| PAT | 98.24 | 113.84 | 55.47 | 40.36 |
| Net Worth | 498.39 | 400.20 | 286.34 | 230.89 |
| Borrowings | 32.00 | 14.94 | 77.27 | 116.05 |
| Assets | 677.39 | 581.78 | 500.06 | 498.43 |
| NAV (₹) | 66.27 | 53.10 | 37.83 | 30.33 |
| EPS (₹) | 13.17 | 15.27 | 7.43 | 5.38 |
The financial information presented is on a consolidated basis.
| KPI | VALUES |
|---|---|
| EBITDA | 17.21% |
| PAT | 12.82% |
| ROE | 33.58% |
| ROCE | 36.47% |
All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.
| Name | Shareholding |
|---|---|
| A1 | 0 |
| Name | Designation |
|---|---|
| Vishal Kanodia | Chairman & MD |
| Roop Narain Maloo | CFO |
Name: Kanodia Cements Limited
Address: D-19, UPSIDCLand Industrial Area, Sikandrabad, Bulandshahr,
Uttar Pradesh, 203205, India
Number: 0120-4561670
Email: ipo@kanodiagroup.co.in
Website: www.kanodiacement.co.in
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Kanodia Cement IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Kanodia Cement IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Kanodia Cement IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Kanodia Cement IPO is ₹0 per share (-).
The minimum lot size of Kanodia Cement IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Kanodia Cement IPO is 11 Feb 26.
The listing date of Kanodia Cement IPO is 11 Feb 26.
Kanodia Cement IPO is subscribed -.
Kanodia Cement IPO is priced at ₹ - ₹ per share.
Click the allotment link on Kanodia Cement IPO page of IPO360.