Nuvoco Vistas

1 day agoNuvoco Vistas shares list at discount to IPO priceImage. Manufacturer of cement in India.

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1 day agoNuvoco Vistas is a cement manufacturer with a consolidated capacity of 2232 million metric tonnes per annum MMTPA.

Nuvoco Vistas. 1 day agoNuvoco Vistas is the fifth-largest player in India and the largest cement company in east India in terms of capacity with a consolidated capacity of 2232 MMTPA. Nuvoco has 11 cement plants in West Bengal Bihar Odisha Chhattisgarh and Jharkhand in East India and Rajasthan and Haryana in. 1 day agoNuvoco Vistas makes tepid debut on bourses The scrip whose issue price was Rs 570 apiece started trading at Rs 471 which translates to a discount of 173 per cent.

1 day agoNuvoco Vistas Corporation Ltd part of the Nirma Group had raised Rs 1500 crore from anchor investors ahead of the public issue. 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. Nuvoco Vistas IPO RHP link.

REUTERS Nuvoco Vistas shares made a weak listing on the stock exchanges even though benchmark indices and broader markets were trading. However the shares went up in morning trade compared to the opening level and inched up to Rs 53865 apiece which is 550 per cent lower than the issue price. 2 It is strategically located cement plants with proximity to key markets.

Nuvoco Vistas Corp. It was not a good subscription for a company like Nuvoco Vistas that is backed by Nirma Group. 1 day agoNuvoco Vistas Corporation has made a weak debut on the bourses today ie.

The non-institutional investors and retail investors portion was subscribed by 66 per cent and 73 per cent respectively while the portion for Qualified Institutional Buyers QIBs was subscribed 423 times data shows. It also provides customized concrete services to contractors builders developers architects and individual home owners. IPO Live GMP About Company - Nuvoco Vistas Corporation.

1 day agoNuvoco Vistas made its debut at Rs 471 on BSE a 17 per cent discount over its issue price of Rs 570. Nirma Group forayed into the cement business in 2014 through a greenfield cement plant in Nimbol. Lets check the subscription numbers the IPO subscribed 171x times overall that comprises QIB 423x NII 066x and Retail 073x.

Lists at 17 discount on exchanges. It has 11 cement plants comprising five. Ltd a Nirma Group company started operations in India in 1999 via acquisitions.

Established in 1999 Nuvoco Vistas Corporation Ltd is a manufacturing company that mass produces cement Ready-Mix Concrete RMX and Modern Building Materials MBM which are the variants of. Nuvoco Vistas Corporation Ltd Equinox Business Park Tower 3 East Wing 4th Floor LBS Marg Kurla West Mumbai - 400 070 Phone. The cement makers shares opened at Rs 471 a discount of.

What are Nuvoco Vistas Corporation Limited competitive strengths. Nuvoco Vistas IPO to list on NSE and BSE on 23 August 2021 Monday at 1000 AM. Thereafter we have grown the cement business through acquisition of the Indian cement business of LafargeHolcim in 2016 and NU Vista formerly.

The company manufactures and supplies cement and concrete. It is the latest player to list at a discount on bourses following the footsteps of CarTrade Tech Windlas Biotech and Glenmark Life Science. 3 Company has strong brand recognition and a large distribution network.

Nuvoco Vistas Corporation Ltd - Company Info. 1 day agoThe initial public offering IPO of Nuvoco Vistas Corporation had received a tepid response with the issue garnering 171 times subscription. 91 22 6769 2500 Email.

1 Company is the largest cement manufacturer in East India in terms of total capacity. It is a part of Nirma Group a diversified conglomerate company that manufactures products from chemicals to soaps healthcare detergents etc. 1 day agoNuvoco Vistas Corp makes a weak stock market debut.

Nuvoco Vistas is the fifth largest cement company in. Shares of Nuvoco Vistas Corp listed at 471 while the price. 1 day agoNuvoco Vistas Corporation one of the largest cement companies in east India disappointed investors on the debut as it opened 174 percent down on August 23 in the worst listing of 2021.

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