Penna Cement Industries Ltd – Globe Capital
Penna Cement Industries Ltd
Upcoming
Price Band
-
IPO Issue Period
-
Issue Size
Rs. 1,550 crores
Fresh issue
Rs. 1,300 crores
Offer for sale
Rs. 250 crores
Registrar to the Issue
KFin Technologies Private Limited

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

Penna Cement Industries Ltd. is one of the largest privately held cement companies in India and a leading integrated cement player in terms of cement production capacity. The company has four integrated manufacturing facilities and two grinding units spread across the states of Andhra Pradesh, Telangana, and Maharashtra, with an aggregate cement production capacity of 10.00 million tonnes per annum (MMTPA). Incorporated in 1991, with over 25 years of operations, we have been able to leverage our brand, strategically located integrated manufacturing facilities and extensive distribution network to successfully expand our business in west and east India markets as well as Sri Lanka, and we intend to further expand into north, central and other east India markets through a phased expansion plan.

For year/ period ended ( in Cr.)

31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 2,599.35 2,176.25 2,159.12
Profit After Tax 152.03 23.05 85.1
EPS 11.36 1.72 6.36
OPM(%)
PATM(%)
  • One of the market leaders in south India with a strong brand recall and extensive distribution network;
  • Strategically located integrated manufacturing facilities and packing terminals which provide access to south, west and east India markets;
  • Access to quality raw materials and coal;
  • Well positioned to benefit from the growth in the cement industry;
  • Experienced promoter and management team with an established track record of project and timely execution .
  • Repayment/pre-payment, in full or part, of certain borrowings availed by our Company;
  • Funding of capital expenditure requirements of our Company towards the KP Line II project;
  • Funding of the capital expenditure requirements of our Company towards upgrading the raw grinding and cement mill at Talaricheruvu;
  • Funding of capital expenditure requirements of our Company towards setting up the waste heat recovery plant (“WHR Plant”) at Tandur;
  • Funding of capital expenditure requirements of our Company towards setting up the WHR Plant at Talaricheruvu; and
  • General corporate purposes
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