Nuvoco Vistas IPO

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

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Nuvoco Vistas Corporation IPO Details

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.

IPO Issue Opening Date: 9th Aug 2021
IPO Issue Closing Date: 11th Aug 2021
IPO Issue Price: ₹560-570
IPO Listing At: BSE, NSE
IPO Category: Mainline
IPO Issue Type: Book Built Issue IPO
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
Market Lot: 26 Shares
Min Retail Qty: 26 shares (1 lot)
Max Retail Qty: 338 shares (13 lots)
Promoter Holding Pre IPO: 95.24%
Promoter Holding Post IPO: 71.03%
BSE Code: 543334
NSE Code: NUVOCO
IPO Live GMPIPO Live GMP

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.

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.

Nuvoco Vistas Corporation IPO Important Dates

In this section we have covered all important dates related to Nuvoco Vistas Corporation IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Nuvoco Vistas Corporation IPO important dates
IPO Activity Date
IPO Issue Open 9th Aug 2021
IPO Issue Close 11th Aug 2021
Basis of Allotment Finalisation Date* 17th Aug 2021
Refunds Initiation* 18th Aug 2021
Credit of Shares to Demat Account* 20th Aug 2021
IPO Listing Date* 23rd Aug 2021

* - Tentative Dates

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 Offered17,857,14313,392,85831,250,00062,500,001
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 Financials for past 3 Years

Past performance and financial results of Nuvoco Vistas Corporation.

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

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.

Nuvoco Vistas Corporation IPO Threats/Weaknesses

  • The substantial impact of COVID-19 on the construction sector, shutdown, and the continued slowdown has materially affected the business operations and profitability.
  • Costs hike and supply shortage of key products i.e. coal, water, labor, and other raw material can significantly increase the product cost.
  • Under-utilization of manufacturing activities can adversely affect business financial performance and future growth prospects.

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@
  NRI Form ⇒

Nuvoco Vistas Corporation IPO DRHP >>Document

Nuvoco Vistas Corporation IPO RHP >>Document

Nuvoco Vistas Corporation IPO Allotment Status >>Link

Company Address

Nuvoco Vistas Corporation Limited
Equinox Business Park, Tower 3, East Wing,
4th Floor, LBS Marg, Kurla (West), Mumbai ,Maharashtra-400 070
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: http://www.linkintime.co.in
Phone: +91-22-4918 6270
Email: [email protected]

Nuvoco Vistas Corporation IPO Lead Manager

  1. ICICI Securities Limited
  2. J.P. Morgan India Private Limited
  3. SBI Capital Markets Limited
  4. HSBC Securities & Capital Markets Pvt Ltd
  5. Axis Capital Limited
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 2021-08-24T10:20:06+00:00

Nuvoco Vistas Corporation IPO FAQs

  1. 1. How to subscribe Nuvoco Vistas Corporation IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Nuvoco Vistas Corporation IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Nuvoco Vistas Corporation IPO with Zerodha.

    Alternate approch to apply in Nuvoco Vistas Corporation IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Nuvoco Vistas Corporation IPO Review and Important Updates

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  2. 2. How to apply in Nuvoco Vistas Corporation IPO online?

    Apply in Nuvoco Vistas Corporation IPO online

    To subscribe or apply in Nuvoco Vistas Corporation IPO, you can use the following methods:

    Nuvoco Vistas Corporation IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Nuvoco Vistas Corporation IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Nuvoco Vistas Corporation IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Nuvoco Vistas Corporation IPO. Most of the Syndicate Banks provide access to apply in Nuvoco Vistas Corporation IPO via ASBA process. You must have your net banking access, DP ID information to apply in Nuvoco Vistas Corporation IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Nuvoco Vistas Corporation IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Nuvoco Vistas Corporation IPO Review and Important Updates

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  3. 3. How to download online application form for Nuvoco Vistas Corporation IPO?

    Applying in Nuvoco Vistas Corporation IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Nuvoco Vistas Corporation IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Nuvoco Vistas Corporation IPO, please refer article >> Link

    Nuvoco Vistas Corporation IPO Review and Important Updates

    Steps to download the online application form for Nuvoco Vistas Corporation IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 26 and max 338 shares (13 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

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  4. 4. What is the listing date of Nuvoco Vistas Corporation IPO?

    Nuvoco Vistas Corporation IPO is going to be list on 23-08-2021. NSE Code for Nuvoco Vistas Corporation is NUVOCO. BSE Code for Nuvoco Vistas Corporation is 543334.

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  5. 5. When Nuvoco Vistas Corporation IPO will be allocated?

    Nuvoco Vistas Corporation IPO Allotment Date is 17-08-2021.

    Other relevant questions:

    Nuvoco Vistas Corporation IPO share allotment date?Nuvoco Vistas Corporation IPO allotment date?

     

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User Comments

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5. Sanjay   7/26/2021 7:06:23 AM Reply
Nuvoco Vistas Corporation IPO expected listing gain.
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4. Pravin ankar  7/26/2021 7:06:23 AM Reply
Please confirm Nuvoco Vistas Corporation IPO GMP (grey market premium) and kostak.
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3. Dharamveer Khatana  7/26/2021 7:06:23 AM Reply
Nuvoco Vistas Corporation IPO good or bad.
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2. Jay   7/26/2021 7:06:23 AM Reply
Nuvoco Vistas Corporation IPO whether to invest or not.
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1. Naina  7/26/2021 7:06:23 AM Reply
Nuvoco Vistas Corporation IPO - CRISIL Rating, Apply or not?.






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