Nuvoco Vistas Corporation Ltd
Best For Invest
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 26 | ₹14,820 |
| Maximum | 13 | 338 | ₹192,660 |
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.
Competitive strengths
- Strategically located cement plants with close proximity to key markets.
- Largest cement manufacturer in East India in terms of total capacity.
- Strong brand recognition and a large distribution network.
- Experienced promoters and managers team.
Company Promoters:
Niyogi Enterprises Pvt Ltd and Dr. Karsanbhai K Patel are the company promoters.
| IPO Opening Date | Aug 9, 2021 |
| IPO Closing Date | Aug 11, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹560 to ₹570 per equity share |
| Market Lot | 26 Shares |
| Min Order Quantity | 26 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹5,000.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹1,500.00 Cr) |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹3,500.00 Cr) |
| Basis of Allotment Date | Aug 17, 2021 |
| Initiation of Refunds | Aug 18, 2021 |
| Credit of Shares to Demat Account | Aug 20, 2021 |
| IPO Listing Date | Aug 23, 2021 |