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.
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
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 195,979.76 | 134,443.22 | 132,617.03 | 133,037.82 |
| Total Revenue | 48,794.31 | 68,299.44 | 71,058.88 | 69,117.16 |
| 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 – Details
| IPO Opening Date | 09 Aug 2021 |
| IPO Closing Date | 11 Aug 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5000 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | [560] To [570] Per Equity Share |
| Market Lot | 26 Shares |
| Min Order Quantity | 26 Shares |
| Listing At | BSE NSE |
| Total Share Issue | – |
| Register | LinkInTime India Private Limited |
Nuvoco Vistas IPO – Timetable
| IPO Open Date | 09 Aug 2021 |
| IPO Close Date | 11 Aug 2021 |
| Basis of Allotment Date | 17 Aug 2021 |
| Initiation of Refunds | 18 Aug 2021 |
| Credit of Shares to Demat Account | 20 Aug 2021 |
| IPO Listing Date | 23 Aug 2021 |
Nuvoco Vistas IPO Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 26 | 14,820 |
| Maximum | 13 | 338 | 1,92,660 |
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 Email: investor.relations@nuvoco.com Website: http://www.nuvoco.com/ |
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 Email: nuvoco.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
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. |
