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Open
9 Aug 2021
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Close
11 Aug 2021
3
Allotment
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Listing
Mon, Aug 23, 2021
Price Band
₹560 to ₹570
Issue Size
8,77,19,297 shares (agg. up to ₹5,000 Cr)
Lot Size
26 Shares
Listing Date
Mon, Aug 23, 2021
Latest GMP
₹-12
Est. Gain
-2.11%
✦ AI Insight
GMP Trend
23-08-2021₹-12Est. ₹558-2.11%
19-08-2021₹5Est. ₹575+0.88%
18-08-2021₹5Est. ₹575+0.88%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.45x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 19,907.57 | 13,444.32 | 13,261.70 |
| Total Income | 7,522.69 | 6,829.94 | 7,105.89 |
| Profit After Tax | -25.92 | 249.26 | -26.49 |
| EBITDA | 1,494.35 | 1,333.85 | 971.44 |
| NET Worth | 7,323.72 | 5,279.26 | 4,988.27 |
| Reserves and Surplus | 7,008.63 | 5,036.89 | 4,788.27 |
| Total Borrowing | 7,642.00 | 4,463.27 | 4,625.89 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | repayment/prepayment/redemption, in full or part, of certain borrowings availed of by the Company. | 1,350.00 |
| 2 | General corporate purposes. | 105.04 |
About Nuvoco Vistas IPO
Incorporated in 1999, 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. 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. + Read More
Contact Details
Nuvoco Vistas Corp.Ltd. AddressEquinox Business Park, Tower 3, East Wing4th Floor, LBS Marg, Kurla (West)Mumbai, Maharashtra, 400070+91 22 6769 2500investor.relations@nuvoco.comVisit Website