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

Written by on October 18, 2021

Penna Cement IPO date shouldn’t be introduced but. The corporate filed DRHP with SEBI for ₹1550 crores IPO. The corporate obtained SEBI’s go forward to drift an IPO. The corporate file the RHP in coming weeks / months for an IPO.

 

Penna Cement IPO to lift ₹1550 Crores from the first market. The IPO includes contemporary concern of 1300 crore and supply on the market of ₹250 crore. Penna Cement integrated in 1991 and one of many largest cement corporations in India with an put in cement capability of 10 Million Tonnes Per Annum. The corporate is trusted model in southern and western India. They’ve purchasers that are mall homeowners to organised actual property builders and from varied state governments to world development majors. The retail portion of the IPO is perhaps 35% whereas QIB is 50% and NII is 15%. Penna Cement IPO to checklist on NSE and BSE each the indices. Keep tuned for Penna Cement IPO particulars.

Essential Particulars:

The corporate reported income of ₹2476 crores in 2020-21with working revenue was at ₹480 crores. They made a web revenue of ₹152 crores within the monetary 12 months.

Penna Cement IPO Overview

Brokerage Agency IPO Critiques

  • Axis Financial institution: Including Quickly
  • Capital Market: Including Quickly
  • SMC International: Including Quickly
  • Reliance Securities: Including Quickly
  • Ajcon International Providers Ltd: Including Quickly
  • Hem Securities: Including Quickly
  • ICICI Securities: Including Quickly

Penna Cement IPO Date & Value Band

 IPO Open:  –
 IPO Shut:  –
 IPO Dimension:  Approx ₹1550 Crores
 Face Worth:  ₹10 Per Fairness Share
 Value Band:  ₹ to ₹ Per Share
 Itemizing on:  BSE & NSE
 Retail Portion:  35%
 Fairness:   Shares

Penna Cement IPO Market Lot

The Penna Cement IPO minimal market lot is – shares with ₹- utility quantity. The retail traders can apply up-to – heaps with – shares or ₹- quantity.

 

 Minimal Lot Dimension:  Minimal – Shares
 Minimal Quantity:  ₹-
 Most Lot Dimension:  Most – Shares
 Most Quantity:  ₹-

Penna Cement IPO Allotment & Itemizing

The Penna Cement IPO date is (Including Quickly) and the shut date is (Including Quickly). The allotment might be finalized on (Including Quickly) and the IPO could checklist on (Including Quickly).

 

 Foundation of Allotment:  –
 Refunds:  –
 Credit score to Demat Account:  –
 Itemizing Date:  –

Penna Cement IPO Type

Find out how to apply the Penna Cement IPO? You possibly can apply Penna Cement IPO by way of ASBA out there in your checking account. Simply go to the web financial institution login and apply by way of your checking account by choosing the Penna Cement IPO within the Make investments part. The opposite possibility you’ll be able to apply Penna Cement IPO by way of IPO types obtain by way of NSE and BSE. Take a look at the Penna Cement types – click on NSE Forms & BSE Forms clean IPO types obtain, fill and submit in your financial institution or together with your dealer.

Penna Cement Firm Monetary Report

They made a web revenue of ₹152 crores in 2020-2021.

  ₹ in Crores
Income Expense PAT
2018 ₹- ₹- ₹-
2019 ₹- ₹- ₹-
2020 ₹- ₹- ₹-
2021
₹- ₹- ₹-

Firm Promoters

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

About Penna Cement

Penna Cement is likely one of the largest privately held cement corporations in India, with an put in cement capability of 10 Million Tonnes Per Annum.

Based in 1991, Penna Cement has established itself as one of the crucial trusted cement manufacturers, with vital footprints in southern and western India. Our clientele ranges from small homeowners to organised actual property builders and from varied state governments to world development majors.

During the last twenty years, we have now grown organically by growing in-house experience and capabilities, throughout your complete worth chain within the cement business. All our cement vegetation are geared up with state-of-the-art know-how, enabling the corporate to ship the superior high quality merchandise.

Fast Hyperlinks

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 ‘13,00Zero 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 ₹ 5,00Zero 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 Applied sciences Personal Restricted
Selenium , Tower B Plot No – 31 and 32,
Monetary District, Nanakramguda Serilingampally
Hyderabad 500 032 Rangareddi, Telangana
Tel: +91 40 6716 2222
E-mail : [email protected]
Investor g rievance E-mail : [email protected]
Web site : www.kfintech.com
Contact p erson : M Murali Krishna
SEBI r egistration no : INR000000221

Be aware: Test Penna Cement IPO allotment standing on KFintech web site allotment URL. Click Here

Penna Cement IPO Lead Managers

  • Edelweiss Monetary Providers Restricted
  • Axis Capital Restricted
  • ICICI Securities  Restricted
  • JM Monetary Restricted 
  • YES Securities (India) Restricted

Firm Tackle

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

Penna Cement IPO FAQs

What’s Penna Cement IPO?

Penna Cement IPO is a main-board IPO. They’re going to increase ₹1550 Crores by way of IPO. The difficulty is priced at – to – per fairness share. The IPO to be listed on BSE & NSE.

When Penna Cement IPO will open?

The IPO is to open on (not introduced but) for QIB, NII, and Retail Buyers.

What’s Penna Cement IPO Buyers Portion?

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

Find out how to Apply the Penna Cement IPO?

You possibly can apply Penna Cement IPO by way of ASBA on-line by way of your checking account. You can even apply ASBA on-line by way of UPI by your inventory brokers. You can even apply by way of your inventory brokers by filling up the offline type.

Find out how to Apply the Penna Cement IPO by Zerodha?

Log in to Console in Zerodha Web site. Go to Portfolio and Click on on IPO. You will note the IPO Title “Penna Cement”. Click on on Bid Button. Enter your UPI ID, Amount and Value. Submit IPO Software Type. Now go to your UPI App on Internet Banking or BHIM App to Approve the mandate.

What’s Penna Cement IPO Dimension?

Penna Cement IPO measurement is ₹1550 crores.

What’s Penna Cement IPO Value Band?

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

What’s Penna Cement IPO Minimal and Most Lot Dimension?

The minimal bid is – Shares with ₹- quantity whereas most bid is – shares with ₹-.

What’s Penna Cement IPO Allotment Date?

Penna Cement IPO allotment date is not introduced but.

What’s Penna Cement IPO Itemizing Date?

Penna Cement IPO itemizing date is not introduced but. The IPO to checklist on BSE and NSE.

Be aware: The Penna Cement IPO value band and date might be added as it is going to be formally introduced. The IPO gray market premium (Penna Cement IPO GMP) might be added on the IPO gray market web page as it’s going to begin)



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