Austin Engineering Company Ltd — Updates, 26-05-2025: Company Update

Kanodia Cement Limited is planning an initial public offering (IPO) of up to 14.91 million equity shares with a face value of ₹10 each. The company has filed its Draft Red Herring Prospectus (DRHP) with SEBI and stock exchanges and invites public comments on the document. The IPO will be conducted through a book-building process with allocations for institutional, non-institutional, and retail investors. Promoters include Vishal Kanodia and beneficiary trusts. The offer price and size are yet to be finalized. Investors should carefully assess associated risks before investing.