Nuvoco is among India’s largest cement manufacturers and the main player in the East, delivering high-performing, quality blended cement forms With completion of the acquisition of Nu Vista Limited. Nuvoco has 6 facilities in Chhattisgarh, Rajasthan, Jharkhand, Bengal, and Haryana, all of which are operating at 95 percent capacity. The lone cement plant in Rajasthan, in addition to the six others, has a strength of about 2 million tonnes per year. 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.

Objects of the Issue:
• To repay/prepay/redeem borrowings availed by the firm fully or partially.
• General corporate purposes.

Company Financials:



Nuvoco IPO Details



Nuvoco IPO Tentative Timetable

The Nuvoco IPO open date is Aug 9, 2021, and the close date is Aug 11, 2021. The issue may list on Aug 23, 2021.



Nuvoco IPO Lot Size

The Nuvoco IPO market lot size is 26 shares. A retail-individual investor can apply for up to 13 lots (338 shares or ₹192,660 at cut off).

Nuvoco IPO Promoter Holding

Pre-Issue Share Holding - 95.24%
Post-Issue Share Holding - 71.03%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.