Penna Cement IPO Date, Review, Price, Form & Market Lot Details

IPO Initial Public Offerings
Penna Cement IPO date is not announced yet. The company filed DRHP with SEBI for ₹1550 crores IPO. The company got SEBI’s go ahead to float an IPO. The company file the RHP in coming weeks / months for an IPO.
 
Penna Cement IPO to raise ₹1550 Crores from the primary market. The IPO comprises fresh issue of 1300 crore and offer for sale of ₹250 crore. Penna Cement incorporated in 1991 and one of the largest cement companies in India with an installed cement capacity of 10 Million Tonnes Per Annum. The company is trusted brand in southern and western India. They have clients which are mall house owners to organised real estate developers and from various state governments to global construction majors. The retail portion of the IPO might be 35% while QIB is 50% and NII is 15%. Penna Cement IPO to list on NSE and BSE both the indices. Stay tuned for Penna Cement IPO details.
Important Details:
The company reported revenue of ₹2476 crores in 2020-21with operating profit was at ₹480 crores. They made a net profit of ₹152 crores in the financial year.
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    Penna Cement IPO Review

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    Penna Cement IPO Date & Price Band

     IPO Open: –
     IPO Close: –
     IPO Size: Approx ₹1550 Crores
     Face Value: ₹10 Per Equity Share
     Price Band: ₹ to ₹ Per Share
     Listing on: BSE & NSE
     Retail Portion: 35%
     Equity:  Shares

    Penna Cement IPO Market Lot

    The Penna Cement IPO minimum market lot is – shares with ₹- application amount. The retail investors can apply up-to – lots with – shares or ₹- amount.
     
     Minimum Lot Size: Minimum – Shares
     Minimum Amount: ₹-
     Maximum Lot Size: Maximum – Shares
     Maximum Amount: ₹-

    Penna Cement IPO Allotment & Listing

    The Penna Cement IPO date is (Adding Soon) and the close date is (Adding Soon). The allotment will be finalized on (Adding Soon) and the IPO may list on (Adding Soon).
     
     Basis of Allotment: –
     Refunds: –
     Credit to Demat Account: –
     Listing Date: –

    Penna Cement IPO Form

    How to apply the Penna Cement IPO? You can apply Penna Cement IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Penna Cement IPO in the Invest section. The other option you can apply Penna Cement IPO via IPO forms download via NSE and BSE. Check out the Penna Cement forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

    Penna Cement Company Financial Report

    They made a net profit of ₹152 crores in 2020-2021.

      ₹ in Crores
    RevenueExpensePAT
    2018₹-₹-₹-
    2019₹-₹-₹-
    2020₹-₹-₹-
    2021
    ₹-₹-₹-

    Company Promoters

    • P. Prathap Reddy
    • Pioneer Builders
    • P R Cement Holdings Limited

    About Penna Cement

      Penna Cement is one of the largest privately held cement companies in India, with an installed cement capacity of 10 Million Tonnes Per Annum.

      Founded in 1991, Penna Cement has established itself as one of the most trusted cement brands, with significant footprints in southern and western India. Our clientele ranges from small house owners to organised real estate developers and from various state governments to global construction majors.

      Over the last two decades, we have grown organically by developing in-house expertise and capabilities, across the entire value chain in the cement industry. All our cement plants are equipped with state-of-the-art technology, enabling the company to deliver the superior quality products.

        Quick Links

        DRHP Draft Prospectus
        RHP Draft Prospectus

        INITIAL PUBLIC OFFER OF UP TO [ • ] EQUITY SHARES OF FACE VALUE OF ’10 EACH (“EQUITY SHARES”) OF PENNA CEMENT INDUSTRIES LIMITED (“COMPANY” OR “ISSUER”) FOR CASH AT A PRICE OF ‘[●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ‘[●] PER EQUITY SHARE) AGGREGATING UP TO ‘15,5 00 MILLION COMPRISING A FRESH ISSUE OF UP TO [ • ] EQUITY SHARES AGGREGATING UP TO ‘13,000 MILLION (“FRESH ISSUE”) AND AN OFFER FOR SALE OF UP TO [ • ] EQUITY SHARES BY OUR PROMOTER, P R CEMENT HOLDIINGS LIMITED ( “SELLING SHAREHOLDER”) AGGREGATING UP TO ‘2,5 00 MILLION (“OFFER FOR SALE” AND TOGETHER WITH THE FRESH ISSUE THE “OFFER” ). THE OFFER WILL CONSTITUTE [●]% OF OUR POST – OFFER PAID – UP EQUITY SHARE CAPITAL. OUR COMPANY AND THE SELLING SHAREHOLDER, IN CONSULTATION WITH THE MANAGERS , MAY CONSIDER A PRE – IPO PLACEMENT OF SPECIFIED SECURITIES FOR A CASH CONSIDERATION AGGREGATING UP TO ₹ 5,000 MILLION. THE PRE – IPO PLACEMENT, IF UNDERTAKEN, WILL BE AT A PRICE TO BE DECIDED BY OUR COMPANY AND THE SELLING SHAREHOLDER IN CONSULTATION WITH THE MANAGERS , AND THE PRE – IPO PLACEMENT WILL BE COMPLETED PRIOR TO FILING OF THE RED HERRING PROSPECTUS WITH THE ROC. IF THE PRE – IPO PLACEMENT IS UNDERTAKEN, THE AMOUNT R AISED FROM THE PRE – IPO PLACEMENT WILL BE REDUCED FROM THE FRESH ISSUE, SUBJECT TO COMPLIANCE WITH RULE 19(2)(B) OF THE SCRR. THE FACE VALUE OF THE EQUITY SHARES IS ’10 EACH. THE PRICE BAND AND THE MINIMUM BID LOT WILL BE DECIDED BY OUR COMPAN Y AND THE SELLING SHAREHOLDER IN CONSULTATION WITH THE MANAGERS , AND WILL BE ADVERTISED IN ALL EDITIONS OF [ • ], ALL EDITIONS OF [ • ] AND ALL EDITIONS OF [ • ] (WHICH ARE WIDELY CIRCULATED ENGLISH, HINDI AND TELUGU NEWSPAPERS, TELUGU BEING THE REGIONAL LANGUAGE OF TELANGANA , WHERE OUR REGISTERED OFFICE IS LOCATED) AT LEAST TWO WORKIN G DAYS PRIOR TO THE BID/ OFFER OPENING DATE AND SHALL BE MADE AVAILABLE TO THE BSE LIMITED (“BSE”) AND THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED ( (“NSE” ) , AND TOGETHER WITH BSE, THE “STOCK EXCHANGES”) FOR THE PURPOSE OF UPLOADING  ON THEIR RESPECTIVE WEBSITES.

        Penna Cement IPO Registrar

        KFin Technologies Private Limited
        Selenium , Tower B Plot No – 31 and 32,
        Financial District, Nanakramguda Serilingampally
        Hyderabad 500 032 Rangareddi, Telangana
        Tel: +91 40 6716 2222
        E-mail : [email protected]
        Investor g rievance E-mail : [email protected]
        Website : www.kfintech.com
        Contact p erson : M Murali Krishna
        SEBI r egistration no : INR000000221

        Note: Check Penna Cement IPO allotment status on KFintech website allotment URL. Click Here

        Penna Cement IPO Lead Managers

        • Edelweiss Financial Services Limited
        • Axis Capital Limited
        • ICICI Securities  Limited
        • JM Financial Limited 
        • YES Securities (India) Limited

        Company Address

        PENNA CEMENT INDUSTRIES LIMITED
        H.No. 8-2-268/A/1/S & S1,
        Plot No. 705, Road No. 3,
        Banjara Hills, Hyderabad 500034
        Contact Person: Raj Kumar Singh
        Company Secretary and Compliance Officer
        Tel: +91 40 4456 5100
        Fax: +91 40 44565222/ +91 40 4456 5310
        E-mail:[email protected]
        Website: www.pennacement.com

        Penna Cement IPO FAQs

        What is Penna Cement IPO?

        Penna Cement IPO is a main-board IPO. They are going to raise ₹1550 Crores via IPO. The issue is priced at – to – per equity share. The IPO to be listed on BSE & NSE.

        When Penna Cement IPO will open?

        The IPO is to open on (not announced yet) for QIB, NII, and Retail Investors.

        What is Penna Cement IPO Investors Portion?

        The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

        How to Apply the Penna Cement IPO?

        You can apply Penna Cement IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

        How to Apply the Penna Cement IPO through Zerodha?

        Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Penna Cement”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

        What is Penna Cement IPO Size?

        Penna Cement IPO size is ₹1550 crores.

        What is Penna Cement IPO Price Band?

        Penna Cement IPO Price Band is ₹- to ₹-.

        What is Penna Cement IPO Minimum and Maximum Lot Size?

        The minimum bid is – Shares with ₹- amount while maximum bid is – shares with ₹-.

        What is Penna Cement IPO Allotment Date?

        Penna Cement IPO allotment date is not announced yet.

        What is Penna Cement IPO Listing Date?

        Penna Cement IPO listing date is not announced yet. The IPO to list on BSE and NSE.

        Note: The Penna Cement IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Penna Cement IPO GMP) will be added on the IPO grey market page as it will start)

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