Nuvoco Vistas Corporation | Nirma group forayed into the cement business in 2014 through a greenfield cement plant in nimble. Patel, who is a successful entrepreneur and is associated with the nirma. Nvcl is promoted by dr. Rs 1,500 crore and offers for sale of rs 3,500 crore. Here are 10 key things to know before subscribing to the issue:
The initial public offering (ipo) of nuvoco vistas corporation has been subscribed 5 percent on august 9, the first day of bidding. Nuvoco vistas corporation limited (nvcl) was incorporated on february 8, 1999. It reported a loss of rs 26 crore each in fy19 and fy21 but posted a. Thereafter, we have grown the cement business, through acquisition of the indian cement business of lafargeholcim in 2016. 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. Nuvoco vistas is amongst the fastest growing cement company in terms of capacity addition on percentage terms with installed capacity doubling over the last five years post the acquisition of nu vista. It reported a loss of rs 26 crore each in fy19 and fy21 but posted a. The company was originally incorporated on as a private limited company with the name infra cement india private limited in mumbai. The nuvoco vista corporation limited opened its initial public offering (ipo) on monday. Nuvoco vistas corporation's initial public offering (ipo) is open for subscription today, august 9. Thereafter, we have grown the cement business, through acquisition of the indian cement business of lafargeholcim in 2016. The promoter of this cement company is karsanbhai patel, who is a billionaire businessman and promoter of nirma group. Nuvoco vista corporation, a part of nirma group company is among one of the largest cement companies and concrete manufacturers in india. Nuvoco vistas corporation ltd history & recent developments. Thereafter, we have grown the cement business, through acquisition of the indian cement business of lafargeholcim in 2016. And nu vista limited come together with the vision of building a safer, smarter and sustainable world together. It also captures the holding period returns and.
Nuvoco vistas corporation's initial public offering (ipo) is open for subscription today, august 9. Nuvoco vistas corporation limited (nvcl) was incorporated on february 8, 1999. Then we will look at the ipo details along with valuations. Rs 1,500 crore and offers for sale of rs 3,500 crore. And nu vista limited come together with the vision of building a safer, smarter and sustainable world together.
Nuvoco vistas corporation is planning to raise rs 5,000 crore through its public issue that comprises a fresh issue of rs 1,500 crore and an offer for sale of rs 3,500 crore by promoter niyogi. Patel, who is a successful entrepreneur and is associated with the nirma. Draft offer documents filed with sebi. Rs 1,500 crore and offers for sale of rs 3,500 crore. Has been a part of the indian construction landscape since 1999; Is india's leading cement manufacturing company. The cement manufacturer, which is a part of the nirma group, has a consolidated capacity of 22.32 million metric tonnes per annum (mmtpa). The offer has received bids for 28.73 lakh equity shares against the ipo size of 6.25 crore equity shares, the subscription data available on exchanges showed. The promoter of this cement company is karsanbhai patel, who is a billionaire businessman and promoter of nirma group. The nuvoco vista corporation limited opened its initial public offering (ipo) on monday. Our operations across two business. By 5:00 pm, the issue was subscribed merely 29 per cent, attracting bids for 1,82,54,834 shares against a total issue size of 6,25,00,001 shares. Nirma group forayed into the cement business in 2014 through a greenfield cement plant in nimbol.
Patel, who is a successful entrepreneur and is associated with the nirma. In this article, we will quickly analyze the company profile, competitors, key risks, future growth prospects, financials, ipo details & shareholdings. Ltd, a nirma group company, started operations in india in 1999 via acquisitions. Thereafter, we have grown the cement business, through acquisition of the indian cement business of lafargeholcim in 2016. Ltd, a nirma group company, started operations in india in 1999 via acquisitions.
The name of the company was changed to lafarge india private limited. Draft offer documents filed with sebi. By 5:00 pm, the issue was subscribed merely 29 per cent, attracting bids for 1,82,54,834 shares against a total issue size of 6,25,00,001 shares. 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 nimble. Our operations across two business. Ltd, a nirma group company, started operations in india in 1999 via acquisitions. Has been a part of the indian construction landscape since 1999; Nuvoco vistas shares are expected to go public on august 23. Here are 10 key things to know before subscribing to the issue: Cement major nuvoco vistas corporation will launch its initial public offering (ipo) next week. We currently have six cement and close to sixty five ready mix concrete plants in india. The initial public offer (ipo) of cement manufacturer nuvoco vistas corporation saw tepid interest from investors on the second day of the bidding on tuesday.
It is the fifth largest cement company in india and the largest cement company in east india in terms of capacity nuvoco vistas. Thereafter, we have grown the cement business, through acquisition of the indian cement business of lafargeholcim in 2016.
Nuvoco Vistas Corporation: Nuvoco vistas corporation's initial public offering (ipo) opened for subscription on monday, and will close on wednesday, august 11.
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