INDIACEM on National Stock Exchange of India
India Cements
Logo: The logo is from the following website: http://www.indiacements.co.in http://www.indiacements.co.in/images/logo.gif, Non-free logo, via Wikipedia4
Indian cement manufacturing company
The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. The company was headed by former International Cricket Council chairman and Board of Control for Cricket in India president N. Srinivasan.2 Its shares trade on National Stock Exchange of India under the symbol INDIACEM.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
- TickerINDIACEM on National Stock Exchange of India1
- Industryconstruction1
- HeadquartersChennai1
- Websitewww.indiacements.co.in
- Legal formpublic company1
- Listed onBombay Stock Exchange (530005), National Stock Exchange of India (INDIACEM)1
- LEI335800NXO131RZADZW423
- StatusActive3
- LEI statusIssued and current3
- Registered addressDHUNBUILDING827, ANNASALAI, CHENNAI, 600002 Chennai, India3
- Registered withMinistry of Corporate Affairs, L26942TN1946PLC0009313
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The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. The company was headed by former International Cricket Council chairman and Board of Control for Cricket in India president N. Srinivasan.2
Corporate structure
India Cements sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- India Cements Chennai, India
- COROMANDEL ELECTRIC COMPANY LIMITED Subsidiary · Chennai, India
- Chennai Super Kings Owned · India
- Joburg Super Kings Owned · South Africa
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.
What it owns
What India Cements reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Stakes and holdings (Wikidata)
- Chennai Super Kings
- Joburg Super Kings
Things Wikidata records the company as owning, with the share when stated.1
Products and brands
- cement
Listed on Wikidata.1
Subsidiaries and ownership
Also owns
- Chennai Super Kings
- Joburg Super Kings
From Wikidata.1
Acquisitions
Acquisition of Raasi Cements and Sri Vishnu Cements
In 1998, India Cements Limited (ICL) executed one of the most significant hostile takeovers in Indian corporate history by acquiring Raasi Cements and, subsequently, Sri Vishnu Cement. Under the leadership of N. Srinivasan, ICL initiated the bid by strategically accumulating an initial 21% stake in Raasi through open-market purchases and a private deal with a disgruntled relative of the promoter, B.V. Raju. Despite a high-profile defense by Andhra industrial leaders, ICL successfully negotiated a deal in April 1998 to buy Raju’s 32% promoter holding for ₹1.5 billion. This ₹3.8 billion acquisition, advised by DSP Merrill Lynch, made India Cements the second-largest cement producer in the country and gave it a dominant position in the southern market. The consolidation was completed the following year when ICL acquired Sri Vishnu Cements as well, effectively absorbing a total production capacity of approximately 3 million tonnes and marking a major shift in the industry's landscape.
Acquisition by UltraTech Cement
In July 2024, UltraTech Cement acquired a majority stake in India cements. However, there will be no change in ownership of Chennai Super Kings as it has been functioning as an independent entity.
From Wikipedia’s article on India Cements, shared under CC BY-SA 4.0.5
Timeline
- 1946Founded Founded1
Links
- Websitewww.indiacements.co.in1
- WikipediaIndia Cements
- WikidataQ6019276
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataIndia Cements on Wikidata
- 2WikipediaIndia Cements on Wikipedia
- 3
- 4
- 5