Nuvoco Vistas’ IPO date has been announced; the IPO will go live on August 9, 2021. The company plans to raise 5000 crore through an IPO that includes a fresh issue of 1500 crores and an offer for sale of up to 3500 crores of existing share holders. Nuvoco Vistas Corp. Ltd is part of the Nirma Group. They are one of the market leaders in the manufacturing of building materials.
Nuvoco Vistas has a consolidated capacity of 22.32 MMTPA, which makes it the fifth largest cement firm in India and the largest cement company in East India. In 1999, the company started operations. They expanded the cement business by acquiring LafargeHolcim’s Indian cement division in 2016 and NU Vista (previously Emami Cement Limited) in 2020. They have 11 cement plants in India, which are located in West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in the east, and Rajasthan and Haryana in the north. Their product offering comprises
cement, ready-mix concrete (RMX), and modern building materials (MBM). Check out the Nuvoco Vistas IPO details.
Nuvoco Vistas IPO Review
- Apply for Listing Gain & Long Term Gain
Brokerage Firm IPO Reviews
- Axis Capital: Neutral
- Capital Market: Avoid
- ICICI Direct: Neutral
- IDBI Capital: Apply
- Investmentz Ltd: Apply
- KR Choksey Securities Ltd: Apply
Nuvoco Vistas IPO Date & Price Band
| IPO Open: | 09 August 2021 |
| IPO Close: | 11 August 2021 |
| IPO Size: | Approx ₹5000 Crores |
| Fresh Issue: | Approx ₹1500 Crores |
| Offer for Sale: | Approx ₹3500 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹560 to ₹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 ₹14,820 application amount. The retail investors can apply up-to 13 lots, 338 shares with ₹192,660 application amount.
| Minimum Lot Size: | Minimum 26 Shares |
| Minimum Amount: | ₹14,820 |
| Maximum Lot Size: | Maximum 338 Shares |
| Maximum Amount: | ₹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 IPO Form
How to apply the Nuvoco Vistas IPO? –> You can apply 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 you can apply Nuvoco Vistas IPO via IPO forms download via NSE and BSE. Check out the Nuvoco Vistas forms.
Nuvoco Vistas Company Financial Report
| ₹ in Crores | Assets | Revenue | PAT |
|---|---|---|---|
| 2018 | ₹13304 | ₹6918 | ₹87.54 |
| 2019 | ₹13262 | ₹7106 | -₹26.49 |
| 2020 | ₹13444 | ₹6830 | ₹249.25 |
| 2021 | ₹19907 | ₹7523 | -₹25.92 |
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 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 centre 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 IPO Registrar
Link Intime India Private Limited
C-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: https://www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058
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: https://www.nuvoco.com
Corporate Identity Number: U26940MH1999PLC118229
Company Promoters
- Niyogi Enterprise Privatge Limited
- Dr. Karsanbhai K. Patel
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 IPO FAQs:
Q1. What is Nuvoco Vistas IPO?
Ans. 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 to be listed on BSE & NSE.
Q2. When Nuvoco Vistas IPO will open?
Ans. The IPO is to open on 09 August 2021 for QIB, NII, and Retail Investors.
Q3. What is Nuvoco Vistas IPO Investors Portion?
Ans. The investors’ portion for QIB 50%, NII 15%, and Retail 35%.
Q4. How to Apply the Nuvoco Vistas IPO?
Ans. You can apply Nuvoco Vistas IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Nuvoco Vistas IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. 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. Open Demat Account with Zerodha.
Q6. How to Apply the Nuvoco Vistas IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Nuvoco Vistas”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
Q7. What is Nuvoco Vistas IPO Size?
Ans. Nuvoco Vistas IPO size is ₹5000 crores. The IPO comprises ₹1500 crore of fresh issue and ₹3500 crore of offer for sale.
Q8. What is Nuvoco Vistas IPO Price Band?
Ans. Nuvoco Vistas IPO Price Band is ₹560 to ₹570 per equity share.
Q9. What is Nuvoco Vistas IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 14 Shares with ₹14,820 amount while maximum bid is 338 shares with ₹192,660.
Q10. What is Nuvoco Vistas IPO Allotment Date?
Ans. Nuvoco Vistas IPO allotment date is 17 August 2021.
Q11. What is Nuvoco Vistas IPO Listing Date?
Ans. Nuvoco Vistas IPO listing date is 18 ugust 2021. The IPO to list on BSE and NSE.
