Nuvoco Vistas IPO date announced, the IPO to hit the market on 09 August 2021. The company to raise IPO Rs.5000 crore via IPO that comprises fresh issue of Rs.1500 crores and offer for sale up to Rs.3500 crores of existing share holders. Nuvoco Vistas Corp. Ltd is a Nirma Group Company. They are one of the leading companies in the building material manufacturing segment. Nuvoco Vistas is the 5th largest player in India and the largest cement company in East India, in terms of capacity, with a consolidated capacity of 22.32 MMTPA. The company started their operations in 1999. They grown the cement business, through acquisition of the Indian cement business of LafargeHolcim in 2016 and NU Vista (formerly Emami Cement Limited) in 2020. They have 11 cement Plants in India those are in West Bengal, Bihar, Odisha, Chhattisgarh and Jharkhand in East India and Rajasthan and Haryana in North India. Their business portfolio includes Cement, Ready-Mix Concrete (RMX) & Modern Building Materials (MBM). Check out Nuvoco Vistas IPO details.
Nuvoco Vistas IPO Review
- Apply for Listing Gain & Long Term Gain
Nuvoco Vistas IPO Date & Price Band
| IPO Open: | 09 August 2021 |
| IPO Close: | 11 August 2021 |
| IPO Size: | Approx Rs.5000 Crores |
| Fresh Issue: | Approx Rs.1500 Crores |
| Offer for Sale: | Approx Rs.3500 Crores |
| Face Value: | Rs.10 Per Equity Share |
| Price Band: | Rs.560 to Rs.570 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | - Shares |
Nuvoco Vistas IPO Market Lot
The Nuvoco Vistas IPO minimum market lot is 26 shares with Rs.14,820 application amount. The retail investors can apply up-to 13 lots, 338 shares with Rs.192,660 application amount.
| Minimum Lot Size: | Minimum 26 Shares |
| Minimum Amount: | Rs.14,820 |
| Maximum Lot Size: | Maximum 338 Shares |
| Maximum Amount: | Rs.192,660 |
Nuvoco Vistas IPO Date, Time Table, Allotment & Listing
The Nuvoco Vistas IPO date is 09 August 2021 and the IPO close date is 11 August 2021. The allotment date is 17 August 2021 and the IPO may list on 23 August 2021.
| Price Band Announcement: | 03 August 2021 |
| Anchor Investors Allotment: | 08 August 2021 |
| IPO Open Date: | 09 August 2021 |
| IPO Close Date: | 11 August 2021 |
| Basis of Allotment: | 17 August 2021 |
| Refunds: | 18 August 2021 |
| Credit to Demat Account: | 20 August 2021 |
| IPO Listing Date: | 23 August 2021 |
Nuvoco Vistas Company Financial Report
| Rs. in Crores | |||||
| Assets | Revenue | PAT | |||
| 2018 | Rs.13304 | Rs.6918 | Rs.87.54 | ||
| 2019 | Rs.13262 | Rs.7106 | -Rs.26.49 | ||
| 2020 | Rs.13444 | Rs.6830 | Rs.249.25 | ||
| 2021 | Rs.19907 | Rs.7523 | -Rs.25.92 | ||
Company Promoters
- Niyogi Enterprise Privatge Limited
- Dr. Karsanbhai K. Patel
Nuvoco Vistas IPO Registrar
Link Intime India Private LimitedC-101, 1st Floor, 247 Park
L. B. S. Marg, Vikhroli West
Mumbai - 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: nuvoco.ipo@linkintime.co.in
Investor grievance E-mail:
nuvoco.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058
Note: Check Nuvoco Vistas IPO allotment status on linkintime website allotment URL. Click Here
Equinox Business Park,
Tower 3, East Wing, 4th Floor,
LBS Marg, Kurla (West),
Mumbai - 400 070, Maharashtra
Tel: +91 22 6769 2500
Contact Person: Shruta Sanghavi
Company Secretary and Compliance Officer
Tel: +91 22 6630 6511
E-mail: investor.relations@nuvoco.com
Website: www.nuvoco.com
Nuvoco Vistas IPO Lead Managers
- ICICI Securities Limited
- Axis Capital Limited
- HSBC Securities and Capital Markets (India) Private Limited
- J.P. Morgan India Private Limited
- SBI Capital Markets Limited
Company Address
Nuvoco Vistas Corporation LimitedEquinox Business Park,
Tower 3, East Wing, 4th Floor,
LBS Marg, Kurla (West),
Mumbai - 400 070, Maharashtra
Tel: +91 22 6769 2500
Contact Person: Shruta Sanghavi
Company Secretary and Compliance Officer
Tel: +91 22 6630 6511
E-mail: investor.relations@nuvoco.com
Website: www.nuvoco.com
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