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Nuvoco Vistas Corporation Limited IPO

Nuvoco Vistas Corporation Limited IPO

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Listing Date :
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Listed Price: ₹ 485.00 (-14.91%)

Nuvoco Vistas Corporation Limited's successfully completed its Initial Public Offering and commenced trading on 23-08-2021 at the NSE, BSE exchange. The company raised 8,77,19,297 Shares through this public offering, comprising 2,63,15,789 Shares in fresh capital and ₹3500.00 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹560 to ₹570, with minimum application lots of 26 shares. The offering attracted significant investor interest during its subscription period from 09-08-2021 to 11-08-2021.

Share allotment was finalized on 17-08-2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Nuvoco Vistas IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Nuvoco Vistas IPO Key Performance Indicator
Company Financials ( In Lakhs )

Nuvoco Vistas IPO About Company

Incorporated in 1999, Nuvoco Vista Corporation Ltd, a Nirma Group company, is among the largest cement and ready-mix concrete manufacturers in India, offering a wide range of products including cement, RMX, and modern building materials such as adhesives, wall putty, dry plaster, and cover blocks. The company serves both individual home buyers and institutional or bulk customers through a strong distribution network of 15,969 dealers and 225 CFAs. Nuvoco operates cement plants across East India in West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand, and in North India across Rajasthan and Haryana, with a total installed capacity of 22.32 MMTPA.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Nuvoco Vistas IPO Strength Factors

  1. Leading Cement Producer: Largest cement manufacturer in East India by total capacity.
  2. Strategic Locations: Plants located close to key markets.
  3. Strong Brand & Reach: Well-known brand with a wide distribution network.
  4. Experienced Leadership: Promoters supported by a skilled management team.

Nuvoco Vistas IPO Risk Factors

NA


Nuvoco Vistas IPO Lead Manager(s)

  • Axis Capital Limited
  • Hsbc Securities & Capital Markets Private Limited
  • ICICI Securities Limited
  • J.P. Morgan India Private Limited
  • SBI Capital Markets Limited

Nuvoco Vistas IPO Promoter(s)

  1. Niyogi Enterprises Pvt Ltd
  2. Dr. Karsanbhai K Patel

Nuvoco Vistas IPO Company Details

Nuvoco Vistas Corporation Limited
Phone:
address:

Nuvoco Vistas IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Nuvoco Vistas IPO FAQs