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Nuvoco Vistas is the fifth biggest concrete organization in India and the biggest concrete organization in East India as far as limit. Starting at 31 December 2020, its concrete creation limit comprised roughly 4.2% of all out concrete limit in India, 17% of absolute concrete limit in East India and 5% of complete concrete limit in North India.
The organization is advanced by Dr. Karsanbhai K. Patel, who is a fruitful business person and is related with the Nirma Group. The gathering forayed into the concrete business in 2014 through a greenfield plant in Nimbol, Rajasthan however immediately moved spotlight on acquisitions to fuel development. It obtained the Indian concrete business of LafargeHolcim in 2016 and NU Vista in 2020.
It works 8 concrete plants in states including West Bengal, Bihar, Odisha, Chhattisgarh and Jharkhand in East India and Rajasthan and Haryana in North India, while RMX plants are situated across India. Three of these plants in East India are incorporated units and five plants are crushing units. Additionally, two of its plants in North India are incorporated units and the third is a mixing unit. Starting at 31 December 2020, its concrete plants have an introduced limit of 22.32 MMTPA.
| Subscription Dates | 9 – 11 August 2021 |
| Price Band | INR560 – 570 per share |
| Fresh issue | INR1,500 crore |
| Offer For Sale | INR3,500 crore |
| Total IPO size | INR5,000 crore |
| Minimum bid (lot size) | 26 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | FY2021 | |
Revenue | 6,911.7 | 7,105.9 | 6,829.9 | 7,522.7 |
Expenses | 6,749.6 | 7,089.3 | 6,443.2 | 7,486.2 |
Net income | 88.6 | -28.1 | 246.2 | -23.0 |
Margin (%) | 1.3 | -0.4 | 3.6 | -0.31 |
Earnings Per Share (EPS): -INR0.82
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): -0.35%
Net Asset Value (NAV): INR232.43 per share
Date | Nuvoco Vistas IPO GMP | Kostak | Subject to Sauda |
19 August 2021 | – | – | – |
18 August 2021 | INR5 | – | – |
17 August 2021 | INR7 | – | – |
16 August 2021 | INR10 | – | – |
14 August 2021 | INR7 | – | – |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Nuvoco Vistas Corporation Ltd | Aug 23, 2021 | 570 | 531.3 | -6.79% |
NSE:NUVOCOEQ
BSE:543334
ISIN code: INE118D01016
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IPO Opening Date: 9 August 2021
IPO Closing Date: 11 August 2021
Finalisation of Basis of Allotment: 17 August 2021
Initiation of refunds: 18 August 2021
Transfer of shares to demat accounts: 20 August 2021
Listing Date: 23 August 2021
Opening Price on NSE: INR485 per share (down 14.91% from IPO price)
Closing Price on NSE: INR530 per share (down 7.02% from IPO price)
Nuvoco Vistas Corporation Limited Equinox Business Park, Tower 3,
East Wing, 4th Floor, LBS Marg,
Kurla (West),
Mumbai – 400 070, Maharashtra
Phone: +91 22 6769 2500
Email: investor.relations@nuvoco.com
Website:www.nuvoco.com
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: nuvoco.ipo@linkintime.co.in
Website: www.linkintime.co.in
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 1,78,57,143 | 0.00 | 0.11 | 4.23 |
NII | 1,33,92,858 | 0.01 | 0.04 | 0.66 |
Retail | 3,12,50,000 | 0.30 | 0.51 | 0.72 |
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Total | 6,25,00,001 | 0.15 | 0.29 | 1.71 |
Nuvoco IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹5,000.00 Crores. The issue is priced at ₹560 to ₹570 per equity share. The minimum order quantity is 26 Shares.The initial public offering (IPO) begins on Aug 9, 2021, and ends on Aug 11, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Nuvoco IPO opens on Aug 9, 2021 and closes on Aug 11, 2021.
Nuvoco IPO lot size is 26 Shares and the minimum order quantity is 26 Shares.
Nuvoco IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The basis of allotment for the Ami Organics IPO will be finalised on August 17 2021.
The Nuvoco IPO shares will get listed on Monday, August 23, 2021. The equity share of Nuvoco Vistas Corporation Ltd will list on BSE, NSE.
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