Saifco Cements

Srinagar, India Founded: 1997 • Age: 29 yrs Acquired By JK Cement
Cement manufacturer and supplier
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About Saifco Cements

Saifco Cements is a company based in Srinagar (India) founded in 1997 was acquired by JK Cement in January 2025.. The company has 214 employees as of April 01, 2024. Saifco Cements operates in a competitive market with competitors including Sagar Cements, Dalmia Bharat, JSW Cement, Ambuja Cements and Orient Cement, among others.

  • Headquarter Srinagar, India
  • Employees 214 as on 01 Apr, 2024
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Legal Name Saifco Cements Private Limited
  • Date of Incorporation 19 Feb, 1997
  • Jurisdiction Jawahar Nagar, Jammu & Kashmir, India
Operational Areas
Real Estate & Construction → Building Materials, Technology & Innovation
Key Metrics
  • Annual Revenue
    $9.99 M (USD)
    34.43
    as on Mar 31, 2022
  • Net Profit
    $-360.7 K (USD)
    39.21
    as on Mar 31, 2022
  • EBITDA
    $-1.3 M (USD)
    -43.96
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    214

    as on Apr 01, 2024

  • Acquired by
    JK Cement

    (Jan 26, 2025)

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Funding Insights of Saifco Cements

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Saifco Cements

Saifco Cements has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include JK Cement. 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.

All
Institutional
Investor Description Founded Year Domain Location
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Saifco Cements

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Saifco Cements

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Saifco Cements Comparisons

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Competitors of Saifco Cements

Saifco 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 Sagar Cements, Dalmia Bharat, JSW Cement, Ambuja Cements and Orient 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 production is managed by Sagar Cements in India.
domain founded_year HQ Location
Cement and sugar are produced by Dalmia Bharat.
domain founded_year HQ Location
Cement, aggregates, additives, and ready-mix concrete are manufactured.
domain founded_year HQ Location
Cement and building materials are manufactured by Ambuja Cements.
domain founded_year HQ Location
Cement is manufactured by Orient Cement in India.
domain founded_year HQ Location
Manufacturer of cement materials
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Saifco Cements

Frequently Asked Questions about Saifco Cements

When was Saifco Cements founded?

Saifco Cements was founded in 1997.

Where is Saifco Cements located?

Saifco Cements is headquartered in Srinagar, India. It is registered at Srinagar, Jammu And Kashmir, India.

How many employees does Saifco Cements have?

As of Apr 01, 2024, the latest employee count at Saifco Cements is 214.

What is the annual revenue of Saifco Cements?

Annual revenue of Saifco Cements is $9.99M as on Mar 31, 2022.

What does Saifco Cements do?

Saifco Cements was established in 1997 in Srinagar, India, within the construction materials sector. Operations center on the production and distribution of cement products, including 43 Grade and 53 Grade variants, primarily in the Kashmir region. A partnership with JKCement has been formed to broaden market reach. Quality standards and regional infrastructure needs are addressed through these activities.

Who are the top competitors of Saifco Cements?

Saifco Cements's top competitors include Sagar Cements, JSW Cement and Wonder Cement.

Who are Saifco Cements's investors?

Saifco Cements has 1 investor. Key investors include JK Cement.

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