A low grade siliceous limestone sample from the Jayantipuram mine of Andhra Pradesh, India, has been investigated for its suitability for cement making. Petrological as well as X-ray diffraction pattern studies indicated that the limestone sample was crystalline and dominantly composed of calcite and quartz. They are simple in mineralogy, and yet they have variable silica and lime contents. Geochemical analysis results of twenty five hand picked samples indicated that the limestone from the Jayantipuram mine shows a wide range of variations in LOI (29.94% to 40.64%), SiO2 (6.14% to 27.18%), CaO (37.93% to 50.78%), Al2O3 (0.49% to 2.27%) and Fe2O3 (0.28% to 2.4%). MgO, K2O, Na2O, TiO2 and MnO2 are present in traces. CaO with LOI shows a strong positive correlation where as CaO with SiO2 shows a strong negative correlation because of mineralogical factors. The chemical composition of the limestone reflects its mineralogical composition. The distribution of various elements in the acid-soluble fraction has been studied by the factor analysis method in order to interpret in terms of their mineralogy, sedimentary environment and diagenesis. Mineralogy, recrystallization and other diagenetic changes are the main factors affecting the distribution of the elements and their mutual relationships in the limestone. The aim of this paper is also to analyze how significantly the two parameters, silica modulus and lime saturation factor, influence this low grade siliceous limestone sample from the Jayantipuram mine of Andhra Pradesh, India, for the cement making process from the geochemical data.