Nuvoco Vistas Corporation Ltd Nuvvis Ipo

The Initial Public offer of Equity Shares comprising a fresh issue of up to Rs5000 crore. The IPO was subscribed just 171 times on the last day of the bidding.

Nuvoco Ipo Date Price Gmp Review Analysis Details

An Initial Public Offering IPO is when a company issues common stock or shares to the public for the first time.

Nuvoco vistas corporation ltd nuvvis ipo. At 1055 am Nuvoco Vistas Corporation shares had trimmed their losses and were trading at Rs 53780 lower by. Nuvoco Vistas Corporation IPO Nuvoco IPO Details. Posted by Siddharth A August 4 2021.

In 2020 it inked a 770. It is one of the largest cement and concrete manufacturers in India with a diverse range. The companys initial public offer IPO received bids for 107027492 shares against 62500001 shares on offer according to data available with the.

Nuvoco IPO is a main-board IPO of equity shares of the face value of 10 aggregating up to 500000 Crores. The stock listed at Rs 471 apiece on the BSE a 174 discount to its IPO price of Rs 570. IPO Live GMP About Company - Nuvoco Vistas Corporation.

Fell on market debut after the Nirma group companys Rs 5000-crore initial public offering emerged as the second-least subscribed issue so far this year. Nuvoco Vistas IPO Opens Today. Our Integrated plants are equipped with waste heat recovery systems with a total capacity of 447 MW solar power plants with a total.

Link Intime India Private Ltd is the registrar for the IPO. Shares of Nuvoco Vistas Corp listed at 471 while the price band was fixed at 560-570 per share. With this Nuvoco Vistas became the second recent listing to.

Nuvoco Vistas Ltd one of the largest cement companies and concrete manufacturers in India. The Nuvoco Vistas Limited company was incorporated in 1999 and is a part of the Nirma Group of Companies. Fifth largest cement company in India Nuvoco Vistas Corp is set to open for IPO subscription on August 9 and close on August 11.

Nuvoco Vistas IPO listing. The company plans to raise Rs 5000 crore and the price band is set at Rs 560 to Rs 570 per equity share. In most instances this investment is used to expand or improve the.

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

The Nuvoco Vistas initial public offering IPO opened on Monday. The fresh issue aggregates up to Rs 1500 crore and the OFS aggregates to Rs 3500 crore. Post Market Analysis 22-06-2021.

Company revenues are fluctuating in the last couple of years. It is a part of Nirma Group a diversified conglomerate company that manufactures products from chemicals to soaps healthcare. It has cement plants in West Bengal Bihar Odisha Chhattisgarh and Jharkhand in East India and Rajasthan and Haryana in North India with around 49 RMX Plants across India.

This was in-line with the Street expectation as traders were expecting weak listing for the cement maker as grey market premium turned negative for Nuvoco Vistas ahead of listing. It pared some of its losses to trade at Rs 54785. Nuvoco vistas corporation ltd have 11 Cement Plants in the states of West Bengal Bihar Odisha Chhattisgarh and Jharkhand in East India and Rajasthan and Haryana in North India comprising five integrated units five grinding units and one blending unit.

The minimum order quantity is 26 Shares. As of December 31 2020 the cement production capacity constituted approximately 42 of total cement capacity in India 17 of total cement capacity in East India and 5 of total cement capacity in North India and Nuvoco Vistas is one of the leading ready. Nuvoco Vistas is the fifth largest cement company in India and the largest cement company in East India in terms of capacity.

The issue is priced at 560 to 570 per equity share. Nuvoco Vistas IPO Allotment Status FAQs Nuvoco IPO subscription to start from August 09 to August 11 2021. Nuvoco Vistas Corp the fifth-largest cement company in India began its journey after acquiring the Indian cement business of Lafarge Holcim in 2016 for 14 billion.

Nuvoco Vistas Corporation one of the largest cement company east India disappointed investors on the debut as it opened 174 percent down on. Nuvoco Vistas Corporation Limited is the 5th largest cement company in East India in terms of production capacity and among the leading ready-mix concrete RMX manufacturers in India. Shares of Nuvoco Vistas Corp.

Nuvoco Vistas is coming up with IPO that would open for subscription on 9th August 2021. Nuvoco Vistas IPO shares. The Nuvoco Vista IPO has an issue size of Rs 5000 crore that consisted of a fresh issue and an offer for sale OFS.

What GMP signals ahead of listing Premium Nuvoco Vistas IPO proceeds will be used for repayment in full or part of certain borrowings availed by the company. An IPO is a tool that companies use to secure capital through investments for future use. Shares of the company began trading at Rs 471 apiece today down 1737 from the upper end of the IPO price band of Rs 570 per share.

Shares of Nuvoco Vistas Corporation Ltd made a weak debut on Monday August 23 as they listed at Rs 530 7 lower compared to its issue price of. The fresh issue was listed as aggregating up to Rs. Is one of the top cement companies in India.

The company is planning to raise Rs 5000 crore through its public issue this week. The public issue carried a Rs 10 per equity share face value and a price band of Rs 560 to Rs 570 per equity share. The initial public offering.

Nuvoco Vistas IPO. It is the process where a privately held company becomes a publicly traded company with the initial sale of its stock. Nuvoco Vistas is part of Nirma Group.

Nuvoco Vistas Corporation Ipo Price Band Fixed At Rs 560 570