Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Kanodia Cement Ltd. on October 20, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Kanodia Cement Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Anand Rathi Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Kanodia Cement IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, May 22, 2025 |
| SEBI/Exchange approval received | Mon, Oct 20, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Offer. |
| Retail Shares Offered | Not less than 35.00% of the Net Offer. |
| NII Shares Offered | Not less than 15.00% of the Net Offer. |
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
Product Portfolio
Key Strengths
| 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 | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 100% OFS (Offer proceeds will go to the Selling Shareholders) |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 33.58% |
| ROCE | 36.47% |
| Debt/Equity | -0.23 |
| RoNW | 33.16% |
| PAT Margin | 12.82% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 15.27 | 17.56 |
| Promoter Holding | 91.99% |
Kanodia Cement IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Kanodia Cement IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Kanodia Cement IPO using UPI as a payment gateway. Zerodha customers can apply in Kanodia Cement IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kanodia Cement IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kanodia Cement IPO dates are not announced. Please check back again after some time.
Kanodia Cement IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Kanodia Cement IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Kanodia Cement IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Kanodia Cement IPO allotment status.
The Kanodia Cement IPO listing date is not yet announced. The tentative date of listing is .
