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 million tonnes per annum (MMTPA).

The company is a trusted brand in southern and western India with a clientele of organized real estate developers and various state governments to global construction majors. They have a strong distribution network across India comprising 3,310 dealers and distributors, as of March 31, 2021.

Penna Cement expects to raise Rs. 1,550 crores through its public offer. This includes a fresh issue of equity shares aggregating up to Rs. 1,300 crores and an offer for sale of equity shares worth Rs. 250 crores from existing shareholders.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	2,159.12	85.10	6.36
March 2020	2,176.25	23.05	1.72
March 2021	2,599.35	152.03	11.36

How do I apply to the Penna Cement Industries Limited IPO?

You can apply for the Penna Cement Industries Limited IPO using any supported UPI app by following two steps:

• Enter your bid on Kite
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Penna Cement Industries Limited IPO?

You can check the allotment status for the Penna Cement Industries Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.