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.
The corporate going to lift Rs 5000 Crores via this IPO. The recent concern is approx Rs 1500 Crore. This agency is majorly identified for providing constructing supplies.
Proper now it’s the fifth rank largest cement firm in India. The small print concerning IPO date, worth band, evaluate, itemizing, gray market worth, misplaced measurement and allotment.
| IPO Open: | 09 August 2021 |
| IPO Close: | 11 August 2021 |
| IPO Size: | Approx ₹5000 Crores |
| Fresh Issue: | Approx ₹1500 Crores |
| Offer for Sale: | Approx ₹3500 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹560 to ₹570 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | – Shares |
| Minimum Lot Size: | Minimum 26 Shares |
| Minimum Amount: | ₹14,820 |
| Maximum Lot Size: | Maximum 338 Shares |
| Maximum Amount: | ₹192,660 |
| Price Band Announcement: | 03 August 2021 |
| Anchor Investors Allotment: | 08 August 2021 |
| IPO Open Date: | 09 August 2021 |
| IPO Close Date: | 11 August 2021 |
| Basis of Allotment: | 17 August 2021 |
| Refunds: | 18 August 2021 |
| Credit to Demat Account: | 20 August 2021 |
| IPO Listing Date: | 23 August 2021 |
Whereas if we focus on the minimal lot then the minimal and most lot particulars are but to return. It’s going to positively come later this week, so you must join with this web site to get conscious of it. The 35 % portion is reserved for the retail traders and the remaining can be subscribed by company and industrial traders.
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