Nuvoco Vista Corporation Ltd Incorporated in 1999, is 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.
The company sells its products in the trade segment (individual home buyers) and non-trade segment (institutional and bulk buyers). It has a strong distribution network with 15,969 dealers and 225 CFAs.
Its cement plants are located in the states of West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in East India and Rajasthan and Haryana in North India with an aggregated installed capacity 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.
Nuvoco Vistas Corporation Ltd IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 09 Aug 2021 |
| IPO Close Date | 11 Aug 2021 |
| Allotment Date | 17 Aug 2021 |
| IPO Listing Date | 23 Aug 2021 |
Nuvoco Vistas Corporation Ltd IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 560 to Rs. 570 Per Equity Share |
| Market Lot | 26 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 5000 Crore. |
Nuvoco Vistas Corporation Ltd IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 26 | Rs. 14820 |
| Maximum | 13 | 338 | Rs. 192660 |
Nuvoco Vistas Corporation Ltd IPO Allotment Status
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Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 199075.70 | 134443.22 | 132617.03 |
| Total Revenue | 75226.93 | 68299.44 | 71058.88 |
| Profit After Tax | (259.19) | 2492.55 | (264.88) |
For the year/period ended (₹ in million)
Company Promoters:
Niyogi Enterprises Pvt Ltd and Dr. Karsanbhai K Patel are the company promoters.
Objects of this Issue:
The net IPO proceeds will be used for the following purposes…
- To carry out an offer for sale.
- To achieve the benefits of listing the Equity Shares on the stock exchanges.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| 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: https://nuvoco.in/ | 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: rolex.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
