Live Breaking News & Updates on Penna cement

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A Rural Indian School Demonstrates How Government, Private Enterprise, and Good Design Can Work Together

Funded at the behest of a national mandate, the Talaricheruvu Rural School was transformed through a collaborative vision of its corporate sponsor and the Bengalaru-based Collective Project.

Bengaluru , Karnataka , India , Eliza-higgins , Vivek-eadara , Benjamin-hosking , Cyrus-patell , Penna-foundation , Talaricheruvu-rural-school , Collective-project , Penna-cement , Andhra-pradesh

Penna Cement Gets Sebi Nod For Rs 1,550 Crore IPO

Hyderabad: City-based Penna Cement Industries has received approval of capital markets regulator Securities and Exchange Board of India (Sebi) to go ahead with its Rs 1,550-crore initial public offering (IPO). The IPO includes a fresh issue of Rs 1,300 crore and an offer for sale of up to Rs 250 crore by its promoter PR Cement Holdings. Currently, P R Cement Holdings holds a

Singha , Uttar-pradesh , India , Karaikal , Pondicherry , Tandur , Andhra-pradesh , Hyderabad , Gopalpur , Jharkhand , Colombo , Western

Penna Cement receives approval for IPO

India’s Penna Cement has received approval from the Securities and Exchange Board of India for its INR15.5bn (US$206.56m) initial public offering.
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India , Pr-cement-holdings , Exchange-board-of-india , Penna-cement , Exchange-board , Indian-subcontinent , Ipo ,

Ami Organics Rs 569.64 crore initial public offering (IPO) To Open Tomorrow i.e. September 1, 2021

Ami Organics Rs 569.64 crore initial public offering (IPO) To Open Tomorrow i.e. September 1, 2021
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Kiranben-girishbhai-chovatia , Parul-chetankumar-vaghasia , Ami-organics , Open-tomorrow , Ami-organic , Kiranben-girishbhai , Intensive-fiscal , Link-intime , Vijaya-diagnostics , Penna-cement , Shri-bajrang-power

At least 5 companies to launch IPOs in September. Check details

At least 5 companies to launch IPOs in September. Check details
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

Vijaya-diagnostic-centre , Arohan-financial-services , Devyani-international , Pizza-hut , Penna-cement , Shri-bajrang-power , Panna-defence , Space-technologies ,

Upcoming IPOs 2021: Companies that filed draft red herring prospectus in May

Upcoming IPOs 2021: Companies that filed draft red herring prospectus in May
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Tandur , Andhra-pradesh , India , Karnataka , Himachal-pradesh , Telangana , Satish-waman-wagh , Supriya-lifescience , Bina-vinod-sanghi , Vikram-jit-singh-chhatwal , Medi-assist-healthcare-services , Temasek-holdings

How Salesforce helped Penna Cement to make faster and informed decisions

How Salesforce helped Penna Cement to make faster and informed decisions
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Vamsee-mohan-kanneganti , Raj-ravuri , Salesforce-service-cloud , Mohan-kanneganti , General-manager , Penna-cement , Salesforce-customer , Salesforce-sales-cloud , Dealer-mason-loyalty-scheme , Penna-cements , Service-cloud , Director-industry-strategy-manufacturing

Penna Cement refiles for IPO


Penna Cement refiles for IPO
17 May 2021
India’s Penna Cement Industries has refiled for its initial public offering to raise INR13bn (US$177.5m) through fresh equity shares while its promoters would raise INR2.5bn through an offer for sale.
The company expects to use the capital to repay INR5.5bn of borrowings. It would also fund capital expenditure of INR1.05bn for its KP Line II project, while INR800m would go towards upgrading its raw grinding and cement mill in Talaricheruvu, and INR1.1bn and INR1.30bn towards setting up waste heat recovery plants in Talaricheruvu and Tandur, respectively, according to a statement.

Tandur , Andhra-pradesh , India , India-penna-cement-industries , Penna-cement , Penna-cement-industries , Indian-subcontinent , Initial-public-offering-ipo , தந்தூர் , ஆந்திரா-பிரதேஷ் , இந்தியா

Penna Cement files for US$212m initial public offering


Penna Cement files for US$212m initial public offering
Written by Global Cement staff
17 May 2021
India: Penna Cement has filed for an initial public offering (IPO) worth US$212m. It plans to offer US$34m-worth of shares for sale and to issue equity shares worth US$177m. United News of India has reported that part of the money raised will fund capital expenditure (capex) investments worth US$58m. The company’s plans consist of a second line at its Krishnapatnam grinding plant in Andhra Pradesh, an upgrade of raw materials and clinker grinding at its integrated Talaricheruvu plant in Andhra Pradesh, and new waste heat recovery (WHR) units at its Talaricherevu plant and its integrated Tandur plant in Telangana. It additionally plans to repay previous loans.

Tandur , Andhra-pradesh , India , Krishnapatnam , Telangana , Penna-cement , Ipo , Shares , Plant , Upgrade , Waste-heat-recovery