Nuvoco Vistas Corporation Ltd IPO
Mainboard₹14,820 / 26 Shares
Nuvoco Vistas Corporation Ltd IPO Details
The Nuvoco Vistas Corporation Ltd IPO price band is set between ₹560-570 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 9 Aug, 2021 and closes on 11 Aug, 2021. Investors can check the allotment status on 17 Aug, 2021, while the listing date is tentatively scheduled for 23 Aug, 2021.
The total issue size is Total Equity Shares 8,77,19,298 aggregating up to ₹5,000.00/- Cr# Fresh Issue: 2,63,15,789 Equity Shares aggregating up to ₹1,500.00/- Cr# Offer for Sale: 6,14,03,508 Equity Shares aggregating up to ₹3,500.00/- Cr, aggregating up to . Stay tuned for the latest Nuvoco Vistas Corporation Ltd IPO review and GMP updates.
Nuvoco Vistas Corporation Ltd IPO Review, Rating & Analysis
Nuvoco Vistas Corporation Ltd IPO Review
NO REVIEWNuvoco Vistas Corporation Ltd IPO Rating
Nuvoco Vistas Corporation Ltd IPO Highlights
IPO Date
Aug 9, 2021 - Aug 11, 2021
Listing Date
23 Aug, 2021
Face Value
₹10 Per Equity Share
Price Band
₹560-570 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Nuvoco Vistas Corporation Ltd IPO Lot Size
The minimum market lot for Nuvoco Vistas Corporation Ltd IPO is 26 shares with an application amount of ₹14,820. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹14,820 |
| Retail (Max) | 13 | 338 | ₹1,92,660 |
| S-HNI (Min) | 14 | 364 | ₹2,07,480 |
| S-HNI (Max) | 67 | 1742 | ₹9,92,940 |
| B-HNI (Min) | 68 | 1768 | ₹10,07,760 |
Nuvoco Vistas Corporation Ltd IPO Timeline
Issue Price
₹560-570 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, J.P. Morgan India Private Limited, SBI Capital Markets LimitedIssue Size
Total Equity Shares 8,77,19,298 aggregating up to ₹5,000.00/- Cr# Fresh Issue: 2,63,15,789 Equity Shares aggregating up to ₹1,500.00/- Cr# Offer for Sale: 6,14,03,508 Equity Shares aggregating up to ₹3,500.00/- CrNuvoco Vistas Corporation Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 19597.97 | 4879.43 | (63.45) | - | - | - |
| 31 Mar 20 | 13444.32 | 6829.94 | 249.25 | - | - | - |
| 31 Mar 19 | 13261.70 | 7105.88 | (26.48) | - | - | - |
| 31 Mar 18 | 13303.78 | 6911.71 | 87.54 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Niyogi Enterprises Pvt Ltd
- Dr. Karsanbhai K Patel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 95.24% | 71.03% |
About Company
Nuvoco Vista Corporation Ltd, 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.
Nuvoco Vistas Corporation Ltd IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 178,57,143 | 133,92,858 | 312,50,000 | 625,00,001 |
Day 1 -09-08-21 05:00 PM | 0.00 x | 0.01 | 0.30 x | 0.15 x |
Day 2 -10-08-21 05:00 PM | 0.10 x | 0.04 | 0.51 x | 0.29 x |
Day 3 -11-08-21 05:00 PM | 4.23 x | 0.66 | 0.73 x | 1.71 x |
0.61 times
Frequently Asked Questions about Nuvoco Vistas Corporation Ltd IPO IPO
When will Nuvoco Vistas Corporation Ltd IPO open for subscription?
The Nuvoco Vistas Corporation Ltd IPO opens on 9 Aug, 2021 and closes on 11 Aug, 2021.
What is the investors portion for Nuvoco Vistas Corporation Ltd IPO?
The investors' portion for QIB is 4.23 x, NII is 0.66, and Retail is 0.73 x.
How to apply for Nuvoco Vistas Corporation Ltd IPO?
You can apply for Nuvoco Vistas Corporation Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Nuvoco Vistas Corporation Ltd IPO?
The issue size of Nuvoco Vistas Corporation Ltd IPO is approx ₹Total Equity Shares 8,77,19,298 aggregating up to ₹5,000.00/- Cr# Fresh Issue: 2,63,15,789 Equity Shares aggregating up to ₹1,500.00/- Cr# Offer for Sale: 6,14,03,508 Equity Shares aggregating up to ₹3,500.00/- Cr crores.
What is the price band of Nuvoco Vistas Corporation Ltd IPO?
The price band for Nuvoco Vistas Corporation Ltd IPO is ₹560 to ₹570 per equity share.
What is the lot size of Nuvoco Vistas Corporation Ltd IPO?
The minimum bid (lot size) for Nuvoco Vistas Corporation Ltd IPO is N/A shares with an investment of approx ₹14,820 .
What is the allotment date of Nuvoco Vistas Corporation Ltd IPO?
The allotment date for Nuvoco Vistas Corporation Ltd IPO is 17 Aug, 2021.
What is the listing date of Nuvoco Vistas Corporation Ltd IPO?
The listing date for Nuvoco Vistas Corporation Ltd IPO is expected to be 23 Aug, 2021.
What is the GMP of Nuvoco Vistas Corporation Ltd IPO?
The latest Grey Market Premium (GMP) for Nuvoco Vistas Corporation Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.