Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Nuvoco Vistas Corporation Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹570
Per ShareLot Size
26 Shares
Minimum Investment
₹14,820
Issue Size
₹5,000 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
82.43%
Issue Type
Book Building
ISIN
INE118D01016
Nuvoco Vistas Corporation Limited manufactures cement and are 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. We have 11 Cement Plants, comprising five integrated units, five grinding units and one blending unit. It also operates in the RMX business with 49 RMX Plants across India.
As of December 31, 2020, Nuvoco Vistas Corporation Limited, cement production capacity constituted approximately 4.2% of total cement capacity in India, 17% of total cement capacity in East India and 5% of total cement capacity in North India (Source: CRISIL Report). As of December 31, 2020, It is one of the leading RMX manufacturers in India.
Nuvoco Vistas Corporation Limited was originally incorporated on February 8, 1999 as a private limited company under the Companies Act, 1956, with the name "Infra Cement India Private Limited" in Mumbai. Pursuant to the investment in this Company by the erstwhile shareholders in the year 1999 and the resolution dated May 19, 1999 passed by the Shareholders, the name of the Company was changed to "Lafarge India Private Limited", and a fresh certificate of incorporation was issued upon the change of name by the RoC on May 25, 1999. Pursuant to Section 43A(1) of the Companies Act, 1956, the Company became a deemed public limited company with effect from November 2, 1999 and the certificate of incorporation of the Company was endorsed by the RoC to that effect, and this was noted in the resolution dated December 3, 1999 passed by the Board. Subsequently, pursuant to the resolution dated April 16, 2003 passed by the Shareholders, the status of the Company was changed from deemed public limited company to private limited company in terms of Section 43A(2A) of the Companies Act, 1956. Accordingly, the Company became a private limited company with effect from April 16, 2003 and the certificate of incorporation of our Company was endorsed by the RoC to that effect. Thereafter, pursuant to the resolution dated February 26, 2016 passed by the Shareholders, the Company was once again converted to a public limited company resulting in the change of name to "Lafarge India Limited" and a fresh certificate of incorporation was issued by the RoC on March 12, 2016. Pursuant to divestment by the erstwhile shareholders in the Company in the year 2016 and the resolution dated March 8, 2017 passed by the Shareholders, the name of the Company was changed to "Nuvoco Vistas Corporation Limited" and a fresh certificate of incorporation was issued by the RoC on March 10, 2017.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial Public Offering of 87,719,297 equity shares of face value of Rs. 10 each ("equity shares") of Nuvoco Vistas Corporation Limited ("company" or the "issuer") for cash at a price of Rs. 570 per equity share (including a share premium of Rs. 560 per equity share) ("offer price") aggregating to Rs. 5000 Crores comprising a fresh issue of 26,315,789 equity shares aggregating to Rs. 1500 Crores ("fresh issue") and an offer for sale of 61,403,508 equity shares by Niyogi Enterprise Private Limited ("promoter selling shareholder") aggregating to Rs. 3500 Crores ("offered shares") ("offer for sale", and together with the fresh issue, the "offer"). The offer constitutes 24.56% of the post-offer paid up equity share capital of the company. The face value of the Equity Shares is Rs. 10 each and the Offer Price was 57 Times of the face value of the Equity Shares. Offer Price : Rs. 570 per Equity share of face value of Rs. 10 Each. The Issue Price is 57 times of the face value.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.