Kanodia Cement Limited IPO

Kanodia Cement Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹0.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

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).

Objects of Issue

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).

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Kanodia Cement IPO
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

KPIs

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.

Shareholding

Promoter

0.00%

Public

100.00%

Management

Vishal Kanodia Chairman & MD
Roop Narain Maloo CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Frequently Asked Questions

What is Kanodia Cement IPO?
Kanodia Cement IPO is a Mainboard IPO having an issue size of ₹0.00 Crs. Kanodia Cement IPO is priced at ₹ - ₹ per share. The issue opens on 15 Apr 26 and closes on 15 Apr 26.
When will Kanodia Cement IPO open?
Kanodia Cement IPO opens on 15 Apr 26 and closes on 15 Apr 26.
What is the GMP of Kanodia Cement IPO?
The estimated Grey Market Premium of Kanodia Cement IPO is ₹0 per share (-).
What is the lot size of Kanodia Cement IPO?
The minimum lot size of Kanodia Cement IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Kanodia Cement IPO?
The allotment date of Kanodia Cement IPO is 15 Apr 26.
What is the listing date of Kanodia Cement IPO?
The listing date of Kanodia Cement IPO is 15 Apr 26.
What is the subscription of Kanodia Cement IPO?
Kanodia Cement IPO is subscribed -.
What is the price band of Kanodia Cement IPO?
Kanodia Cement IPO is priced at ₹ - ₹ per share.
How to check allotment status of Kanodia Cement IPO?
Click the allotment link on Kanodia Cement IPO page of IPO360.
How to apply Kanodia Cement IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Kanodia Cement IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Kanodia Cement IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Kanodia Cement IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date