Nuvoco Vistas IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 09 Aug 2021 - 11 Aug 2021
Issue Size ₹5000 Cr
Issue Price ₹560-570
Market Lot 26 Shares
Shares on Offer
Registrar Link Intime
GMP ₹4-5
Kostak N/A
Subject to Sauda N/A
Listing Date 23 Aug 2021
Listing Price ₹417
Listing Gain% -17

About Nuvoco Vistas Corporation Ltd

Nuvoco Vistas Corp. Ltd, is the fifth-largest player in India and the largest cement company in East India, in terms of capacity, with a consolidated capacity of 22.32 MMTPA.

Nuvoco Vistas Corp. Ltd, a Nirma Group company, started operations in India in 1999 via acquisitions. Nirma Group forayed into the cement business in 2014 through a greenfield cement plant in Nimbol. Thereafter, they have grown the cement business, through acquisition of the Indian cement business of LafargeHolcim in 2016 and NU Vista (formerly Emami Cement Limited) in 2020. Today, they have grown from being solely cement based to a building materials company with a vision to ‘Build a Safer, Smarter and Sustainable World’.

Company Promoters

Niyogi Enterprises Pvt Ltd and Dr. Karsanbhai K Patel are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 1,99,075.70 134,443.22 132,617.03
Total Revenue (In ₹ Millions) 75,226.93 68,299.44 71,058.88
Profit After Tax (PAT) (In ₹ Millions) -259.19 2,492.55 -264.88

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
12 Aug 2021 ₹4-5 N/A N/A
11 Aug 2021 ₹8-9 N/A N/A
07 Aug 2021 ₹38-40 N/A N/A

Strengths & Weaknesses

Strength
Weakness

Nuvoco Vistas Corporation Ltd IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 09 Aug 2021 0.00 0.01 0.31 0.16
Day 2 - 10 Aug 2021 0.11 0.04 0.51 0.29
Day 3 - 11 Aug 2021 4.23 0.66 0.73 1.71

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Nuvoco Vistas Corporation Ltd IPO FAQs

  1. When will Nuvoco Vistas Corporation Ltd IPO open?

    Nuvoco Vistas Corporation Ltd IPO will open on 09 Aug 2021 and close on 11 Aug 2021.

  2. What is the listing date of Nuvoco Vistas Corporation Ltd IPO?

    Nuvoco Vistas Corporation Ltd IPO will list on 23 Aug 2021.

  3. What is the offer price of Nuvoco Vistas Corporation Ltd IPO?

    The offer price of Nuvoco Vistas Corporation Ltd IPO is ₹560-570.

  4. What is the lot size of Nuvoco Vistas Corporation Ltd IPO?

    The lot size of Nuvoco Vistas Corporation Ltd IPO is 26.

  5. What is the Grey Market Premium (GMP) price of Nuvoco Vistas Corporation Ltd IPO?

    The Grey Market Premium (GMP) price of Nuvoco Vistas Corporation Ltd IPO is ₹4-5.

  6. What is the Kostak price of Nuvoco Vistas Corporation Ltd IPO?

    The Kostak price of Nuvoco Vistas Corporation Ltd IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Nuvoco Vistas Corporation Ltd IPO?

    The Subject to Sauda price for Nuvoco Vistas Corporation Ltd IPO is Not Available at the moment.

Nuvoco Vistas Corporation Ltd IPO Review/Comments

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