Home  »  Ipo Review  »  Nuvoco Vistas Ipo

Let’s have a detailed review of the company and analytics of the Nuvoco Vistas IPO release date, IPO offer price, subscription, Nuvoco Vistas Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Face ValueRs 10
Price BandRs 560 to Rs 570
Listing AtBSE, NSE
Min. Order Quantity26 Shares
Listing DateAug 23, 2021
Offer for SaleRs.35,000 Million
Fresh IssueRs.15,000 Million
IPO SizeRs.50,000 Million
Tick Size1

Nuvoco Vistas IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.


Nuvoco Vistas IPO – Summary

Nuvoco Vistas IPOThey are the fifth largest cement company in India and the largest cement company in East India in terms of capacity. (Source: CRISIL Report). As of December 31, 2020, their cement production capacity constituted approximately 4.2% of total cement capacity in India, 17% of total cement capacity in East India, and 5% of total cement capacity in North India, and they are one of the leading ready-mix concrete manufacturers in India.

The Promoter of this company is Dr. Karsanbhai K. Patel. The lead manager to the issue is ICICI Securities Limited, Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, SBI Capital Markets Limited, and the Registrar to this issue is Link Intime India Private Limited.


Nuvoco Vistas IPO Date

The opening and the closing date of the IPO of Nuvoco Vistas Limited are Aug 9, 2021, and Aug 11, 2021, respectively.

Check out Related IPO Links:

Nuvoco Vistas IPO GMP
Allotment – Nuvoco Vistas IPO

Nuvoco Vistas IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 09 August0.00x0.01x0.31x0.16x
2nd Day – 10 August0.11x0.04x0.51x0.29x
3rd Day – 11 August4.23x0.66x0.73x1.71x
Shares Offered or Net Issue17,857,14313,392,85831,250,00062,500,001

The shares subscribed by the public will be updated here.

Check Nuvoco Vistas IPO LIVE Subscription

  • Nuvoco IPO LIVE Bid details on BSE
  • Nuvoco IPO LIVE Bid details on NSE

For the Latest Bid details click on the above links.


Nuvoco Vistas IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Nuvoco Vistas Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Basis of Allotment FinalizationAug 17, 2021
Refunds InitiationAug 18, 2021
Credit of Shares to Demat AccountAug 20, 2021
Share Listing DateAug 23, 2021

Nuvoco Vistas IPO Price Band

The face value of each share is Rs.10, but the price band of the IPO is Rs.Rs 560 to Rs 570 


Nuvoco Vistas IPO Equity Size

This Initial Public Issue of X Equity Shares of Rs.10 each for cash at a price of Rs.Rs 560 to Rs 570 per equity share aggregating to Rs. 50,000 Million


Nuvoco Vistas IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.10/ each.

Issue Size: X Equity Shares of Rs.10 each, aggregating to Rs.50,000 Million


Open Free Demat Account Now!

    Fill Your Details Here


    Nuvoco Vistas IPO – Live Performance

    The listing date of this IPO is Aug 23, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.

    Live IPO Performance – Nuvoco Vistas Share Price

    Nuvoco Vistas IPO Grey Market Premium

    The Nuvoco Vistas Limited IPO Grey Market Premium price is Rs 0, the Kostak rate is Rs 0 and the Subject to Sauda is Rs 0. 


    Nuvoco Vistas IPO – Company Overview

    Their Cement Plants are in the states of West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in East India and Rajasthan and Haryana in North India, while their RMX Plants are located across India. As of December 31, 2020, their Cement Plants have an installed capacity of 22.32 MMTPA

    The company has eight Cement Plants located in East India and three in North India. Three of their plants in East India are integrated units and five plants are grinding units.

    They are the fastest-growing cement company in terms of capacity addition on percentage terms with installed capacity doubling over the last five years post the acquisition of NU Vista.


    Nuvoco Vistas IPO – Financial Statements

    A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

    Financial Summary:

    Amount (in INR & Million)
    31-Mar-2131-Mar-20Mar-19
    Total Assets1,99,075.701,34,443.221,32,617.03
    *Total Revenue75,226.9368,299.4471,058.88
    Total Expense74,861.5564,431.9370,892.87
    Profit After Tax(259.19)2,492.55(264.88)

    Earnings per Equity Share (in Million)

    31-Mar-2131-Mar-20Mar-19
    Basic & Diluted(0.82)10.28(1.09)

     

    Further, their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. (259.19) Million, Rs. 2,492.55 Million and Rs. (264.88) Million respectively.


    Nuvoco Vistas IPO – Promoters

    The Promoter of this company is:

    1. Dr. Karsanbhai K. Patel

    List of Related Parties (Key Managerial Personnel)

    • Mr. Joydeep Chatterjee, Managing Director.
    • Mr. Maneesh Agrawal, Chief Financial Officer.
    • Mrs. Shruta Sanghavi, Company Secretary.
    • Mr. Sanjay Joshi, Chief Manufacturing Officer.

    Nuvoco Vistas IPO – Promoters Holding

    • Pre Issue Share Holding – 95.24%
    • Post Issue Share Holding -71.03%

    Nuvoco Vistas IPO Offer Details or Issue Details

     Particulars No. Of Equity Shares
     Equity Shares Offered Up to X Equity Shares aggregating up to Rs.50,000.00 Million
    of which:
    Fresh IssueUp to [●] Equity Shares aggregating up to Rs.15,000.00 Million
    Offer For saleUp to [●] Equity Shares aggregating up to Rs.35,000.00 Million
    Of which:
    Retail Investors Portion Not less than [●] Equity Shares
    Other than Retail Individual InvestorsNot more than [●] Equity Shares
     Equity Shares outstanding prior to the IssueX Equity Shares
     Equity Shares outstanding after the IssueX Equity Shares

    Nuvoco Vistas IPO Issue Object

    Their Company proposes to utilize the Net Proceeds towards funding the following objects:

    1. To meet Working Capital requirements
    2. General Corporate Purpose
    3. To meet issue expenses

    Nuvoco Vistas IPO – Business Strategy

    • Focus on Consultancy Business and spreading awareness about carbon neutrality
    • Increase the use of technology to improve operational efficiency
    • Expanding their customer base

    Nuvoco Vistas IPO – Basis of Offer Price

    The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

    Qualitative factors are:

    • Quality Assurance, timely payment, and delivery
    • Broad customer base and strong relationships with their customers
    • Multiple Business verticals under one roof
    • The qualified management team and employee base

    The relevant quantitative factors are:

    Basic & Diluted EPSRONW (%)NAV (Rs.)
    31-Mar-21(0.82)(0.35)232.43
    31-Mar-2010.284.72
    Mar-19(1.09)(0.53)

    Nuvoco Vistas IPO: Competitive Peers

    Face Value (Rs.)P/EEPS  (Rs.)Return on Net Worth (%)Total Income (Rs. in Millions)
    Nuvoco Vistas Limited10[●](0.82)(0.35)75,226.93
    Listed Peers
    Ultratech Cement
    Limited
    1038.62189.3312.36454,599.70
    Shree Cement
    Limited
    1044.26633.5414.82139,426.60
    Ambuja Cement
    Limited
    2.0032.4011.9110.68249,657.60
    ACC Limited10.0028.3175.9811.26140,027.20

    Nuvoco Vistas IPO Lead Managers

    Lead Managers

    ICICI Securities Limited

    Axis Capital Limited

    HSBC Securities and Capital Markets (India) Private Limited

    J.P. Morgan India Private Limited

    SBI Capital Markets Limited

    Nuvoco Vistas IPO Registrar to offer

    Registrar to the Offer
    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park
    L. B. S. Marg, Vikhroli West
    Mumbai – 400 083
    Maharashtra, India Tel: +91 22 4918 6200 E-mail: nuvoco.ipo@linkintime.co.in
    Investor grievance E-mail:
    nuvoco.ipo@linkintime.co.in
    Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No: INR000004058

    Nuvoco Vistas IPO – Other Details

    • Statutory Auditor – Nitin Pota & Associates
    • Legal Counsel to the Company – Shardul Amarchand Mangaldas & Co
    • Bankers to the Company –  ICICI Securities Limited, Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, J.P. Morgan India Private Limited, SBI Capital Markets Limited.


    Nuvoco Vistas IPO Review by Stock Brokers

    Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
    Angel Broking7.5/107.4/108.5/108.1/107.1/10
    Sharekhan7.2/107.1/108.6/108.1/107.2/10
    Kotak Securities7.3/107.5/108.4/108.1/107.3/10
    IIFL7.5/107.2/108.8/108.0/107.1/10
    Edelweiss7.5/107.4/108.4/108.3/107.2/10
    Zerodha7.4/107.1/108.5/108.1/107.0/10
    5Paisa7.1/107.1/108.4/108.1/107.1/10
    Karvy7.4/107.3/108.2/108.1/107.1/10
    Motilal Oswal7.1/107.1/108.6/108.3/107.2/10

     


    Subscribe to Nuvoco Vistas IPO

      Fill Your Details Here


      Nuvoco Vistas Limited IPO News

      News 1 – IPO DRHP Download

      News 2 – IPO RHP Prospectus Download


      Nuvoco Vistas IPO Review FAQs

      Ques – What is the Issue Size of Nuvoco Vistas IPO?

      Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

      Ques – What is the Price band of Nuvoco Vistas IPO?

      Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.

      Ques – What is the Nuvoco Vistas IPO Open Date?

      Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Aug 9, 2021, while the closing date is set at Aug 11, 2021.

      Ques – What is the Nuvoco IPO Allotment Date?

      Answer – We also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Aug 17, 2021, refund initiation is on Aug 18, 2021, credit of shares is on Aug 20, 2021, and share listing date is on Aug 23, 2021.

      Ques – What is the Nuvoco Vistas IPO Listing Date?

      Answer – Shares of this company shall be listed in the exchanges on Aug 23, 2021. The date, when the listing would be done, is stagnant on Aug 23, 2021.

      Ques – Who is the Registrar of Nuvoco IPO?

      Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.

      Ques – Who is the Promoter of Nuvoco IPO?

      Answer – Here are the promoters of this IPO – Dr. Karsanbhai K. Patel. You can refer to the RHP for further information on the promoter. You will find the link to DRHP in the article.

      Ques – What is GMP of Nuvoco Vistas IPO?

      Answer – We have obtained the GMP of this IPO and it is Rs 0. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.

      Ques – Is Nuvoco IPO good for Investment?

      Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

      Ques – What is the PAT of Nuvoco Vistas?

      Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. their PAT for the period ended on March 31, 2021, March 31, 2020, and March 31, 2019, were Rs. (259.19) Million, Rs. 2,492.55 Million and Rs. (264.88) Million respectively.


      Calculate your return on investment!


      Asset ClassROI (Rs.)Profit (Rs.)Profit (%)
      IPO
      Equity
      Savings
      Real Estate
      Gold
      Bonds
      Fixed Deposit
      Mutual Fund


      Featured Topics

       

      Leave a Reply

      Your email address will not be published.

      24 + 9 =

      Get 100% IPO Allotment Guarantee! Subscribe to IPO