Nuvoco Vistas Corporation Ltd IPO (Nuvoco IPO)

Nuvoco Vistas IPO
Upcoming Nuvoco Vistas IPO | New Nuvoco Vistas IPO

Established in 1999, Nuvoco Vista Corporation Ltd, part of Nirma Group Company is one of the largest cement and contractor companies in India. It offers a variety of products such as cement, Ready-mix Concrete (RMX), and modern building materials such as adhesives, wall putty, plaster dry, cover blocks, and more.

The company sells its products to the commercial segment (individual home buyers) and the non-commercial segment (institutional and bulk consumer). It has a strong distribution network with 15,969 vendors and 225 CFAs.

Its cement plants are found in the provinces of West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in East India and Rajasthan and Haryana in North India with a combined volume of 22.32 MMTPA.

Nuvoco Vistas IPO

Competitive Strengths

  • Largest cement manufacturer in East India in terms of total capacity.
  • Strategically located cement plants with close proximity to key markets.
  • Strong brand recognition and a large distribution network.
  • Experienced promoters and managers team.

Company Promoters

Niyogi Enterprises Pvt Ltd and Dr. Karsanbhai K Patel are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in million)
Total Assets195,979.76134,443.22132,617.03133,037.82
Total Revenue48,794.3168,299.4471,058.8869,117.16
Profit After Tax(634.52)2,492.55(264.88)875.43

Objects Of The Issue

  • To repay/prepay/redeem borrowings availed by the firm fully or partially.
  • General corporate purposes.
Nuvoco Vistas IPO
Object Of The Issue

Nuvoco Vistas IPO – Details

IPO Opening Date09 Aug 2021
IPO Closing Date11 Aug 2021
Issue TypeBook Built Issue IPO
Issue Size5000 Crore
Face Value₹10 per equity share
IPO Price[560] To [570] Per Equity Share
Market Lot26 Shares
Min Order Quantity26 Shares
Listing AtBSE NSE
Total Share Issue
RegisterLinkInTime India Private Limited

Nuvoco Vistas IPO – Timetable

IPO Open Date09 Aug 2021
IPO Close Date11 Aug 2021
Basis of Allotment Date17 Aug 2021
Initiation of Refunds18 Aug 2021
Credit of Shares to Demat Account20 Aug 2021
IPO Listing Date23 Aug 2021

Nuvoco Vistas IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Company Contact Information

Nuvoco Vistas Corporation Ltd
Equinox Business Park, Tower 3, East Wing,
4th Floor, LBS Marg, Kurla (West),
Mumbai – 400 070

Phone: +91 22 6769 2500

Nuvoco Vistas IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270

Nuvoco Vistas IPO FAQs

What is Nuvoco Vistas IPO?

Nuvoco Vistas IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is.

The IPO opens on Aug 09, 2021, and closes on Aug 11, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Nuvoco Vistas IPO will open?

The Nuvoco Vistas IPO opens on Aug 09, 2021 and closes on Aug 11, 2021.
What is the lot size of Nuvoco Vistas IPO?

Nuvoco Vistas IPO lot size and the minimum order quantity is 26 Shares.
How to apply for Nuvoco Vistas IPO?

You can apply in Nuvoco Vistas IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Nuvoco Vistas IPO listing date?

The Nuvoco Vistas IPO listing date is not yet announced. The tentative date of Nuvoco Vistas IPO listing is Aug 23, 2021.


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