Kanodia Cement IPO Details
| IPO Open Date | 2025 |
| IPO Close Date | 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] Per Share |
| Issue Size | Approx ₹[.] Crores |
| Offer for Sale: | Approx 14,913,930 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Kanodia Cement IPO Review & Key Points
- Review:
Kanodia Cement IPO Market Lot
The Kanodia Cement IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ₹- |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Kanodia Cement IPO Anchor Investors
| Anchor Bidding Date | 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2025 |
| lock-in period end date 50% shares (90 Days) | 2025 |
Kanodia Cement IPO Dates
The Kanodia Cement IPO date is 2025 and the close date is 2025. The Kanodia Cement IPO allotment will be finalized on 2025 and the IPO listing on 2025.
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
| IPO Bidding Cut-off Time: | 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Vishal Kanodia, Nupoor Kanodia Beneficiary Trust And Trish Kanodia Beneficiary Trust.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | – | -% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| 100% OFS (Offer proceeds will go to the Selling Shareholders) | ₹- |
About Kanodia Cement IPO
Incorporated in 2009, Kanodia Cement Limited is one of the growing cement manufacturing companies in India. The company operates its business through B2B (Business-to-Business) contract manufacturing for cement brands and the production and marketing of its own consumer brand under a B2C (Business-to-Consumer) model.
They are the leading cement manufacturer with 6 plants across Sikandrabad, Bulandshahr, and Amethi (Uttar Pradesh), as well as Bhabua (Bihar). The company sells its products under its own brand, Concrete Gold, as well as BigCem Premium Plus, BigCem Cement, HBM Gold (Ghar Ka Expert), HBM (Ghar Ka Expert), and Bluestar Cement. Moreover, Kanodia Cement runs five satellite grinding units (SGUs) with a total cement manufacturing capacity of 3.54 MTPA.
Kanodia Cement IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2022 | ₹493.05 | ₹435.98 | ₹40.36 | ₹498.43 |
| 2023 | ₹669.09 | ₹593.02 | ₹55.47 | ₹500.06 |
| 2024 | ₹900.12 | ₹753.36 | ₹113.84 | ₹581.78 |
| December 2024 | ₹731.79 | ₹603.25 | ₹98.24 | ₹677.39 |
Kanodia Cement IPO Valuation – FY2024
Check Kanodia Cement IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 33.58% |
| ROCE: | -% |
| EBITDA Margin: | 40.48% |
| PAT Margin: | 12.82% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹15.27 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 33.16% |
| Net Asset Value (NAV): | ₹53.10 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| JK Cement Limited | 102.35 | 49.40 | 15.72% | 694.61 | 11,556.00 Cr. |
| JK Lakshmi Cement Limited | 40.10 | 19.47 | 16.29% | 270.81 | 6,788.47 Cr. |
| Nuvoco Vistas Corporation Limited | 04.13 | 83.05 | 1.63% | 251.53 | 10,732.89 Cr. |
| Heidelberg Cement India Limited | 07.40 | 25.66 | 12.00% | 64.86 | 2,365.78 Cr. |
| Birla Corporation Limited | 54.61 | 19.43 | 7.95% | 866.66 | 9,662.72 Cr. |
| Prism Johnson Limited | 3.60 | 34.08 | 10.94% | 27.59 | 7,587.51 Cr. |
IPO Lead Managers aka Merchant Bankers
- Anand Rathi Advisors Limited
- IIFL Capital Services Limited
- Oneview Corporate Advisors Private Limited
Company Address
Kanodia Cement Limited.
D-19, UPSIDC Land Industrial Area,
Sikandrabad, Bulandshahr,
Uttar Pradesh, 203205, India
E-mail: [email protected]
Phone: 0120-4561670
Website: https://www.kanodiacement.co.in/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Kanodia Cement IPO FAQs
What is Kanodia Cement IPO?
When Kanodia Cement IPO will open for subscription?
What is Kanodia Cement IPO Investors Portion?
How to Apply the Kanodia Cement IPO?
What is Kanodia Cement IPO Issue Size?
What is Kanodia Cement IPO Price Band?
What is Kanodia Cement IPO Lot Size?
What is the Kanodia Cement IPO Allotment Date?
What is the Kanodia Cement IPO Listing Date?
Note: The Kanodia Cement IPO price band and date are officially announced. The (Kanodia Cement IPO grey market premium) will be added to the IPO GMP page as it will start).
