The offer for sale will take place on a separate window of the stock exchanges under the T+1 period. The OFS will take place between 9:15 am and 3:30 pm on January 9, 2025 for non-retail investors and will continue on January 12, 2025 for retail investors between 9:15 am and 3:30 pm.
Andhra Cements OFS January 2026 Details
| OFS Open: | January 9, 2025 |
| OFS Close: | January 12, 2025 |
| OFS Floor Price: | ₹72 per share |
| Face Value: | ₹10 per share |
| Closing Price: | ₹69 as of January 8 |
| OFS Premium: | 4.17% on closing price |
| Retail Discount: | N/A |
| Base Size: | 75,00,000 shares (8.14% of Equity) |
| Listing: | BSE, NSE |
| Offer for Sale: | Click Here |
Sagar Cements Limited (“the Seller”) is one of the Promoters of Andhra Cements Ltd (“the Company”) proposes to sell up to 75,00,000 Equity Shares of the Company (representing 8.14% of the total issued and paid up Equity Share capital of the Company) (“Base Offer Size”), on January 9, 2025, (“T day”) (for non-Retail Investors only) and on January 12, 2025 (“T+1 day”) (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) through a separate designated window of BSE (Stock Exchange), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the “Offer”).
Andhra Cements Financial Results
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT |
| 2023 | ₹0.48 | ₹88.41 | ₹949.61 |
| 2024 | ₹276.62 | ₹398.30 | ₹65.61 |
| 2025 | ₹281.54 | ₹449.79 | ₹152.11 |
About Andhra Cements
Founded in December, Andhra Cements Limited is one of India’s leading cement manufacturing companies. Andhra Cements is involved in the selling of Cement under Sagar Cement, building a well-known brand in the building materials sector. Today, the company is part of the Sagar Group and became a subsidiary of Sagar Cements Limited in 2023. Sagar Cement has been mainly involved in producing high-quality OPC and PPC used in construction projects.
The firm operates 2 manufacturing units in Andhra Pradesh, 1 at Dachepalli (Durga Cement Works) and another near Visakhapatnam (Visakha Cement Works). Both of the plants are located close to raw materials and major transport routes, helping the company supply cement easily. Andhra Cement supplies its cement through a wide dealer and distribution network to both retailers and large infrastructure and construction projects.
Andhra Cements OFS January 2026 Broker Details
- Anand Rathi Advisors Ltd.
Contact Us Details
Andhra Cements Limited
Durga Cement Works
Sri Durgapuram, Srinagar (PO)
Palnadu District,
Guntur, 522414
Phone: +91-8649-257413
Email: [email protected]
Website: https://www.andhracements.com/
