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Nuvoco Vistas IPO

IPO Status: Listed [9th Aug 2021 to 11th Aug 2021]

Rated 3.5/5 by Team InvestorGain
Nuvoco Vistas Corporation IPO Detail

Nuvoco Vistas, one of the largest cement companies in India is coming up with an IPO of Rs. 5,000 Cr. IPO opens for subscription on 9 August and closes on 11 August. The price band is fixed at Rs. 560-570, the floor price is 56 times and cap price is 57 times the face value of Rs. 10. IPO lot size (minimum order quantity) is 26 shares and multiples of it. Stay updated to get a complete update about the Nuvoco Vistas Corporation IPO including business overview, financials, issue size, strengths, weaknesses, GMP, live subscription, allotment, and recommendations.

Nuvoco Vistas Corporation IPO Details

IPO Issue Opening Date: 9th Aug 2021
IPO Issue Closing Date: 11th Aug 2021
IPO Issue Price: ₹560-570 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 50
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹5000 Cr
Offer for Sale: ₹3,500 Cr
Fresh Issue: ₹1,500 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: NA
Promoter Holding Pre IPO: 95.24%
Promoter Holding Post IPO: 71.03%
Allotment Status: Allotment Status
BSE Code: 543334
NSE Code: NUVOCO

Nuvoco Vistas Corporation IPO Important Dates

Get important updates regarding Nuvoco Vistas Corporation IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Nuvoco Vistas Corporation IPO dates
IPO Activity Date
Basis of Allotment Date* 17th Aug 2021
Refunds Initiation* 18th Aug 2021
Credit of Shares to Demat* 20th Aug 2021
IPO Listing Date* 23rd Aug 2021

* - Tentative Dates

Nuvoco Vistas Corporation IPO Lots

IPO Activity Date
Issue Price ₹560-570
Market Lot: 26 Shares
1 Lot Amount: ₹14820
Min Small HNI Lots(2-10 Lakh): 364 shares(14 lots) - ₹207480
Min Big HNI Lots(10+ Lakh): - ₹1007760

Nuvoco Vistas Corporation IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
23-08-2021570-12--₹558 (-2.11%)23-Aug-2021 20:40
IPO Live GMP

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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Nuvoco Vistas Corporation

Nuvoco Vistas Corporation Limited is the 5th largest cement company in East India in terms of production capacity and among the leading ready-mix concrete (RMX) manufacturers in India. It is a part of Nirma Group, a diversified conglomerate company that manufactures products from chemicals to soaps, healthcare, detergents, etc. The company provides 50+ products across cement, RMX, and modern building materials. The firm distributes its products through the trade segment (individual home buyers), and the non-trade segment i.e. direct sales to institutional and bulk buyers.

It has cement plants located in the states of West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in East India and Rajasthan and Haryana in North India. The company has a total of 11 cement plants with 8 plants in East India and 3 in North India while RMX Plants are located across India. As of December 31, 2020, Nuvoco Vistas has cement plants with an aggregated installed capacity of 22.32 MMTPA.

Nuvoco Vistas Corporation IPO Strengths

  • A strong market player in the cement companies in India with 4.2% of total cement capacity, 17% of total capacity in East India, and 5% in North India.
  • A part of Nirma Group, a diversified conglomerate company with a strong brand identity.
  • Diversified product portfolio with 50+ products in the basket under cement, RMX, and building material category.
  • Strategically located cement production plants with close proximity to raw materials and key markets
  • Strong research and development and technological capabilities.
  • Experienced promoters and managers team.
Incorporation Sector IPO Issue Size Website
1999 Cement ₹5000 Cr http://www.nuvoco.com/

Nuvoco Vistas Corporation IPO Objective

  • To make repayment and/or prepayment of borrowings availed by the company.
  • To meet general corporate purposes.

Our experts can help you prepare for SME IPO

Nuvoco Vistas Corporation IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 17,857,143 Shares
  • Non-Institutional Investors: 13,392,858 Shares
  • Retail Individual Investor: 31,250,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered17,857,143 (28.57%)13,392,858 (21.43%)31,250,000 (50%)62,500,001
19th Aug 2021 17:020.00x0.01x0.31x0.16x
210th Aug 2021 17:020.11x0.04x0.51x0.29x
311th Aug 2021 17:034.23x0.66x0.73x1.71x
Nuvoco Vistas Corporation financial
Nuvoco Vistas Corporation Ltd Financials 31-Mar-2021 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹19,907.57 Cr ₹13,444.32 Cr ₹13,261.70 Cr ₹13,3037.82 CrCr
Total Income ₹7,522.69 Cr ₹6,829.94 Cr ₹7,105.89 Cr ₹6,911.72 Cr
Net Profit/Loss ₹(25.92) Cr ₹249.26 Cr ₹(26.49) Cr ₹87.54 Cr

Company Address

Nuvoco Vistas Corporation Limited
Equinox Business Park, Tower 3, East Wing,
4th Floor, LBS Marg, Kurla (West),
Mumbai,Maharashtra-400070
India
Website: http://www.nuvoco.com/
Phone: +91 22 6769 2500
Email: [email protected]

Nuvoco Vistas Corporation IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
Nuvoco Vistas Corporation IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Nuvoco Vistas Corporation? Should I apply in Nuvoco Vistas Corporation IPO?

Last Updated on 28-Jun-2024 18:22:42


User Reviews

5. Sanjay  Jul 26 2021 07:06:23 AM Reply
Nuvoco Vistas Corporation IPO expected listing gain.
4. Pravin ankar Jul 26 2021 07:06:23 AM Reply
Please confirm Nuvoco Vistas Corporation IPO GMP (grey market premium) and kostak.
3. Dharamveer Khatana Jul 26 2021 07:06:23 AM Reply
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2. Jay  Jul 26 2021 07:06:23 AM Reply
Nuvoco Vistas Corporation IPO whether to invest or not.
1. Naina Jul 26 2021 07:06:23 AM Reply
Nuvoco Vistas Corporation IPO - CRISIL Rating, Apply or not?.