Nuvoco Vistas IPO is going to hit the market on 09 Aug 2021 and closes on 11 Aug 2021. The company to raise ₹5000 crores (approx) via initial public offer with a face value of ₹10 per equity share.


Nuvoco Vistas IPO is going to hit the market on 09 Aug 2021 and closes on 11 Aug 2021. Nuvoco Vistas IPO open on Monday fixed a price band of Rs560-570 a share for its Rs5000 crore (approx) IPO. The face value of equity shares of Nuvoco Vistas IPO is ₹10. Nuvoco Vista Corporation Ltd, a part of Nirma Group Company is among one of the largest cement companies and concrete manufacturers in India. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more. Check out Nuvoco Vistas IPO details.

    Nuvoco Vistas IPO

    Nuvoco Vistas IPO Date & Price Band:

    IPO Opening Date Aug 9, 2021
    IPO Closing Date Aug 11, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹560 to ₹570 per equity share
    Market Lot 26 Shares
    Min Order Quantity 26Shares
    Listing At BSE, NSE
    Issue Size [.] Eq Shares of ₹10
    (aggregating up to ₹5000 Cr)
    Fresh Issue [.] Eq Shares of ₹5
    (aggregating up to ₹1500 Cr)
    Offer for Sale 51,42,067 Eq Shares of ₹5
    (aggregating up to ₹3500 Cr)

    Nuvoco Vistas IPO Tentative Timetable

    The Nuvoco Vistas IPO open date is 9 Aug 2021, and the close date is 11 Aug 2021. The issue may list on 23 Aug 2021. 
    IPO Open Date Aug 9, 2021
    IPO Close Date Aug 11, 2021
    Basis of Allotment Date Aug 17, 2021
    Initiation of Refunds Aug 18, 2021
    Credit of Shares to Demat Account Aug 20, 2021
    IPO Listing Date Aug 23, 2021

    Nuvoco Vistas IPO Market Lot:

    The Nuvoco Vistas IPO minimum market lot is 26 shares with ₹14,820 application amount. The retail investors can apply up to 13 lots with 338 shares or ₹192,660 amounts.

    Minimum Lot Size: Minimum 30 Shares
    Minimum Amount: ₹13,800
    Maximum Lot Size: Maximum 420 Shares
    Maximum Amount: ₹193.200

    Nuvoco Vistas Company Financial:

    Particulars For the year/period ended (₹ in million)
    31-Mar-21 31-Mar-20 31-Mar-19
    Total Assets 1,99,075.70 134,443.22 132,617.03
    Total Revenue 75,226.93 68,299.44 71,058.88
    Profit After Tax (259.19) 2,492.55 (264.88)

    Nuvoco Vistas IPO Reviews / Ratings

    • Apply with Listing Gain & Long Term Gain

    Brokerage Firm IPO Reviews for Nuvoco Vistas IPO

    • ICICI Securities: Adding Soon
    • Motilal Oswal: Adding Soon
    • Capital Market: Adding Soon
    • Ventura Securities Limited: Adding Soon
    • KR Choksey: Adding Soon
    • AXIS Capital Ltd: Neutral

    Nuvoco Vistas Company Financial:

    Read Also:- 

    Nuvoco Vistas IPO Form:

    How to apply the Nuvoco Vistas IPO? You can apply for Nuvoco Vistas IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Nuvoco Vistas IPO in the Invest section. The other option is you can apply to Nuvoco Vistas IPO via IPO forms download via NSE and BSE. Check out the Nuvoco Vistas IPO forms – click NSE Forms & BSE Forms blank  IPO forms download, fill, and submit in your bank or with your broker.

    Nuvoco Vistas IPO Subscription Numbers
    (Day 1)

    Category Day 1 Day 2 Day 3
    QIB x x x
    NII x x x
    RII x x x
    EMP x x x
    OTH x x x
    Total x x x

    About Nuvoco Vistas

    Nuvoco Vistas Corp. Ltd, is the fifth-largest player in India and the largest cement company in East India, in terms of capacity, with a consolidated capacity of 22.32 MMTPA.
    Nuvoco Vistas Corp. Ltd, a Nirma Group company, started operations in India in 1999 via acquisitions. Nirma Group forayed into the cement business in 2014 through a greenfield cement plant in Nimbol. Thereafter, we have grown the cement business, through the acquisition of the Indian cement business of LafargeHolcim in 2016 and NU Vista (formerly Emami Cement Limited) in 2020. Today, we have grown from being solely cement-based to a building materials company with a vision to ‘Build a Safer, Smarter and Sustainable World’.
    We have 11 Cement Plants in the states of West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in East India and Rajasthan and Haryana in North India comprising five integrated units, five grinding units, and one blending unit. Our Integrated plants are equipped with waste heat recovery systems with a total capacity of 44.7 MW, solar power plants with a total capacity of 1.5 MW, and captive power plants with a generation capacity of 105 MW, which generates 47.74% (on a proforma basis) of our total power requirements.
    Our Construction Development and Innovation Centre (CDIC) based in Mumbai is accredited by NABL (ISO/IEC17025: 2017 Standards) and serves as the incubation center for innovative products across the Cement, Ready-Mix Concrete and Modern Building Materials businesses. It operates in a well-equipped facility spread across 17,500 square feet area for developing and prototyping innovative products.

    Nuvoco Vistas business portfolio includes

    Cement

    Our cement portfolio includes Ordinary Portland Cement, Portland Slag Cement, Portland Pozzolana Cement, and Portland Composite Cement under leading brands like Concreto, Duraguard, PSC, Nirmax, Double Bull, Infracem, and Procem.

    Ready-Mix Concrete (RMX)

    Our RMX business enjoys a pan-Indian presence with nearly 50 Plants offering specialized products under the brands Concreto, Artiste, InstaMix, and X-Con that are also the proud contributors to the landmark projects like Lodha World One, Amritsar Entry Gate, and the Metros.

    Modern Building Materials (MBM)

    Our MBM range of products is a key differentiator for us. It encompasses construction chemicals, tile adhesives, wall putty, dry plaster, cover blocks, and ready-mix dry mixture that are marketed and sold under the brands ‘Zero M’ and ‘Instamix’.

    Nuvoco Vistas IPO Prospectus

       

    Nuvoco Vistas Company Promoters:

    • Niyogi Enterprise Private Limited
    • Dr. Karsanbhai K. Patel

    Nuvoco Vistas IPO Registrar:

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai – 400083
    Phone: +91-22-4918 6270
    Email: nuvoco.ipo@linkintime.co.in
    Website: http://www.linkintime.co.in

    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

    Nuvoco Vistas Company Address: 

    Nuvoco Vistas Corporation Limited
    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 FAQs

    What is Nuvoco Vistas IPO?

    Nuvoco Vistas IPO is a main-board IPO. They are going to raise ₹5000 Crores via IPO. The issue is priced at ₹560 to ₹570 per equity share. The IPO is to be listed on BSE & NSE.


    When Nuvoco Vistas IPO will open?

    The Nuvoco Vistas IPO is to open on 09 Aug 2021 for QIB, NII, and Retail Investors.


    What is Nuvoco Vistas IPO Investors Portion?

    The investors’ portion for Nuvoco Vistas IPO is QIB 50%NII 15%, and Retail 35%.


    How to Apply the Nuvoco Vistas IPO?

    You can apply for Nuvoco Vistas IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.


    How to Apply the Nuvoco Vistas IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Nuvoco Vistas”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.


    What is Nuvoco Vistas IPO Size?

    Nuvoco Vistas IPO size is ₹5000 crores (Approx).

    What is Nuvoco Vistas IPO Price Band?

    Nuvoco Vistas IPO Price Band is ₹560 to ₹570.

    What is Nuvoco Vistas IPO Minimum and Maximum Lot Size?

    The minimum bid is 26 Shares with ₹14,820 amount while the maximum bid is 338 shares with ₹1,92,660.

    What is Nuvoco Vistas IPO Allotment Date?

    Nuvoco Vistas IPO allotment date is 17 Aug 2021.

    What is Nuvoco Vistas IPO Listing Date?

    Nuvoco Vistas IPO listing date is 23 Aug 2021. The IPO to list on BSE and NSE. 

    Leave a Reply

    Your email address will not be published. Required fields are marked *