Nuvoco Vistas Corporation Ltd IPO

Mainboard

Cement & Construction

Listed On: Aug 23, 2021 at ₹ 485.0(NSE)

₹ 14820 /26 Shares

Check Allotment

Price Summary

Last Closing

362.80 (-36.35%)

52 Week High

398.00

52 Week Low

291.30

Last Update

20-Sep-2024 3:30 PM

IPO Details

09 Aug, 2021

Open Date

11 Aug, 2021

Close Date

17 Aug, 2021

Allotment Date

23 Aug, 2021

Listing Date

Issue Price

₹560-570 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

485.0(NSE)

Listing Date

2021-08-23

Market Lot

26 Shares (₹14,820/-)

Lead Manager

Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, J.P. Morgan India Private Limited, SBI Capital Markets Limited

Issue 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/- Cr

Retail Portion

35%

Subscription

1.71 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	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

Total No. of Applications: 718085 (Approx)

Retail Subscription on the basis of Applications: 0.61 times

Valuations

Earnings Per Share (EPS)

₹(0.64)/-

P/E Ratio

(885.51)

RoNW

(0.35)%

Net Asset Value (NAV) - As on 31.03.21

₹232.43

Company Financials All values are in ₹ Cr.

	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Assets	19,597.97	13,444.32	13,261.70	13,303.78
Revenue	4,879.43	6,829.94	7,105.88	6,911.71
Profit After Tax	(63.45)	249.25	(26.48)	87.54

About The 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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Nuvoco Vistas Corporation Limited	2.45	(885.51)	(0.35)%	7,522.69
Ultratech Cement Limited	4.87	40.11	12.32%	42,772.60
Shree Cement Limited	6.63	44.24	15.16%	13,142.79
Ambuja Cement Limited	3.77	33.07	10.12%	24,965.76
ACC Limited	3.19	30.13	13.05%	14,002.72

- Promoter(s)

Pre Issue Share Holding: 95.24%

Post Issue Share Holding: 71.03%

Company Promoter(s)

Niyogi Enterprises Pvt Ltd
Dr. Karsanbhai K Patel

IPO - Issue Objectives

To repay/prepay/redeem borrowings availed by the firm fully or partially.
General corporate purposes.

IPO - Anchor Investors

Nuvoco Vistas Corporation mops up Rs 1,500 crore from anchor investors ahead of IPO

Stichting Depositary APG Emerging Markets Equity Pool, Carmignac Portfolio, Signature Emerging Markets Fund, Emerging Markets Equity Pool, Mirae Asset, AB ARYA Partners Fund, Best Investment Corporation Principal Trustee, Societe Generale, Torq Asia, Morgan Stanley Asia, CLSA, Copthall Mauritius, Segantii India and Elara India Opportunities Fund are among marquee investors who participated in the anchor book.

Domestic investors such as SBI Mutual Fund, ICICI Prudential, Franklin India Pharma Fund, Nippon Life, Axis Mutual Fund, IDFC Mutual Fund, Tata Mutual Fund, Edelweiss, BNP Paribas, Baroda Mutual Fund, Max Life Insurance, and HDFC Life also invested in the company.

IPO - FAQs

Ans. Nuvoco Vistas Corporation Ltd IPO is a Mainboard IPO. The issue is priced at ₹560-570 per equity share. The minimum order quantity is 26 Shares. The IPO opens on Aug 9, 2021, and closes on Aug 11, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Nuvoco Vistas Corporation Ltd IPO opens on Aug 9, 2021 and closes on Aug 11, 2021.

Ans. The size of Nuvoco Vistas Corporation Ltd IPO 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.

Ans. The IPO price band is set between ₹560-570 per equity share.

Ans. To apply for Nuvoco Vistas Corporation Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Nuvoco Vistas Corporation Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Nuvoco Vistas Corporation Ltd IPO is Aug 17, 2021.

Ans. The Nuvoco Vistas Corporation Ltd IPO will be listed on Aug 23, 2021.

Ans. Follow the steps to check the allotment status for Nuvoco Vistas Corporation Ltd IPO here.