About India Cements
India Cements is a company based in Chennai (India) founded in 1946 was acquired by UltraTech Cement in December 2024.. The company has 2,880 employees as of March 31, 2024. India Cements offers products and services including Cement and Ready Mix Concrete. India Cements operates in a competitive market with competitors including Dalmia Bharat, Ambuja Cements, JSW Cement, Sagar Cements and Wonder Cement, among others.
- Headquarter Chennai, India
- Employees 2880 as on 31 Mar, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name India Cements Ltd.
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Annual Revenue
$485.64 M (USD)-16.99as on Mar 31, 2025
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Net Profit
$-16.86 M (USD)36.8as on Mar 31, 2025
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EBITDA
$-43.54 M (USD)-482.87as on Mar 31, 2025
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Latest Funding Round
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Investors
Nomura
& 2 more
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Employee Count
2880
as on Mar 31, 2024
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Acquired by
UltraTech Cement
(Dec 24, 2024)
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IPO & Listings of India Cements
India Cements is a publicly listed company on the NSE with ticker symbol INDIACEM in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of India Cements
India Cements offers a comprehensive portfolio of products and services, including Cement and Ready Mix Concrete. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manufactured product for construction and infrastructure
Pre-mixed concrete for immediate building applications
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Funding Insights of India Cements
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(24 Dec 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Post-IPO - India Cements | Valuation |
investors |
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| Dec, 2007 | Amount | Post-IPO - India Cements | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in India Cements
India Cements has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Nomura, UltraTech Cement and Aquarius Investment Advisors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Grey cement, ready-mix concrete, and white cement are manufactured.
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Founded Year | Domain | Location | |
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Diversified asset management services are offered globally by the firm.
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Founded Year | Domain | Location | |
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Diversified investment management services are provided to clients worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by India Cements
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - India Cements
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
India Cements Comparisons
Competitors of India Cements
India Cements operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dalmia Bharat, Ambuja Cements, JSW Cement, Sagar Cements and Wonder Cement, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cement and sugar are produced by Dalmia Bharat.
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| domain | founded_year | HQ Location |
Cement and building materials are manufactured by Ambuja Cements.
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| domain | founded_year | HQ Location |
Cement, aggregates, additives, and ready-mix concrete are manufactured.
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| domain | founded_year | HQ Location |
Cement production is managed by Sagar Cements in India.
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| domain | founded_year | HQ Location |
Manufacturer of cement materials
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| domain | founded_year | HQ Location |
Cement is manufactured by Orient Cement in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on India Cements
Frequently Asked Questions about India Cements
When was India Cements founded?
India Cements was founded in 1946 and raised its 1st funding round 61 years after it was founded.
Where is India Cements located?
India Cements is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does India Cements have?
As of Mar 31, 2024, the latest employee count at India Cements is 2,880.
What is the annual revenue of India Cements?
Annual revenue of India Cements is $485.64M as on Mar 31, 2025.
What does India Cements do?
India Cements was established in 1946 as a key player in the building materials sector. Operations are centered in Chennai, India, with production facilities focused on cement and ready-mix concrete. These products are supplied to support infrastructure and construction projects across the country. The company maintains a domain at indiacements.co.in for business inquiries and resources. Activities emphasize standard manufacturing processes in the cement industry.
Who are the top competitors of India Cements?
India Cements's top competitors include Sagar Cements, JSW Cement and Wonder Cement.
What products or services does India Cements offer?
India Cements offers Cement and Ready Mix Concrete.
Is India Cements publicly traded?
Yes, India Cements is publicly traded on NSE under the ticker symbol INDIACEM.
Who are India Cements's investors?
India Cements has 3 investors. Key investors include Nomura, UltraTech Cement, and Aquarius Investment Advisors.
What is India Cements's ticker symbol?
The ticker symbol of India Cements is INDIACEM on NSE.