Nuvoco Vistas Corporation Ltd IPO Message Board (Page 12)

Nirma group company ....Nirma itself voluntarily delisted and later Snatched the shares of unwilling non promoter shareholders by cash credit of 260 per share using the law of Compulsorily extinguishing all non promoters equity . Already listed co ..Shree rama multitech * listed at nse and bse) too not doing well .

10 10 application mein hum lagate hai listing gain ke liye.. bas 1 1 laga ke dekhna chahiye nuksaan.... i dont think ke hoga.. baaki hanumaanji raamji ki kripa

M/s. Nuvoco Vistas Corporation Ltd. IPO News - Insolvency Petition under Sec. 9 of The Insolvency and Bankruptcy Code, 2016 against M/s. Nuvoco Vistas Corporation Ltd.
On 07.08.2021 Ramesh Stone Supply Co. filed an Insolvency Petition under Sec. 9 of the The Insolvency and Bankruptcy Code, 2016 before NCLT - Mumbai bench against M/s. Nuvoco Vistas Corporation Ltd. for non-payment of an aggregate amount of Rs. 5,30,51,218.05/- (Rupees Five Crore Thirty Lakhs Fifty One Thousand Two Hundred Eighteen Rupees and Paise Five Only) consist of principal amount of Rs. 4,13,97,406.05/- (Rupees Four Crore Thirteen Lakhs Ninety Seven Thousand Four Hundred And Six Rupees and Paise Five Only) along with the interest at the rate of 18 % per annum amounting to Rs.1,16,53,812.00 @18% p.a. till 24/06/2021 (Rupees One Crore Sixteen Lakhs Fifty Three Thousand Eight Hundred and Twelve Rupees Only).

Ramesh Stone Supply Co. also filed Form SCP (SERIOUS COMPLAINT FORM) with MCA-21 Serious Fraud Investigation wing requesting a thorough business investigation against M/s. Nuvoco Vistas Corporation Ltd. They have also rrequested SEBI, ROC-Mumbai, Regional Director, Official Liquidator, Serious Fraud Investigation Office, GST, Income Tax, Labour Law Authority to conduct the impartial thorough business investigation against M/s. Nuvoco Vistas Corporation Ltd. for lack of business ethics, lack of corporate governance, lack of business control, lack of business efficiency, lack of inter departmental communication, absence of quality internal audit, lack of business commitment, lack of business professionalism, misuse of Corporate Power, Business harassment of small MSME registered businesses, taking the legal actions of small MSME registered businesses for granted, violation of payment terms as per MSMED Act, 2006 and malafied intention of defrauding the stakeholders.

They have also requested the various authorities to stop the IPO of the Nuvoco for safeguarding the interest of large public and stakeholder’s till the time result of this Insolvency Petition doesn’t come.

Google Drive Link having all the Insolvency Petition documents https://drive.google.com/drive/folders/1RzAhtZ_ei5NwDCM5LwxG0g8Ztegyo4VD?usp=sharing

M/s. Nuvoco Vistas Corporation Ltd. IPO News
Insolvency Petition under Sec. 9 of The Insolvency and Bankruptcy Code, 2016 against M/s. Nuvoco Vistas Corporation Ltd.


On 07.08.2021 Ramesh Stone Supply Co. filed an Insolvency Petition under Sec. 9 of the The Insolvency and Bankruptcy Code, 2016 before NCLT - Mumbai bench against M/s. Nuvoco Vistas Corporation Ltd. for non-payment of an aggregate amount of Rs. 5,30,51,218.05/- (Rupees Five Crore Thirty Lakhs Fifty One Thousand Two Hundred Eighteen Rupees and Paise Five Only) consist of principal amount of Rs. 4,13,97,406.05/- (Rupees Four Crore Thirteen Lakhs Ninety Seven Thousand Four Hundred And Six Rupees and Paise Five Only) along with the interest at the rate of 18 % per annum amounting to Rs.1,16,53,812.00 @18% p.a. till 24/06/2021 (Rupees One Crore Sixteen Lakhs Fifty Three Thousand Eight Hundred and Twelve Rupees Only).

Ramesh Stone Supply Co. also filed Form SCP (SERIOUS COMPLAINT FORM) with MCA-21 - Serious Fraud Investigation Wing requesting a thorough business investigation against M/s. Nuvoco Vistas Corporation Ltd. They have also rrequested SEBI, ROC- Mumbai, Regional Director, Official Liquidator, Serious Fraud Investigation Office, GST, Income Tax, Labour Law Authority to conduct the impartial thorough business investigation against M/s. Nuvoco Vistas Corporation Ltd. for lack of business ethics, lack of corporate governance, lack of business control, lack of business efficiency, lack of inter departmental communication, absence of quality internal audit, lack of business commitment, lack of business professionalism, misuse of Corporate Power, Business harassment of small MSME registered businesses, taking the legal actions of small MSME registered businesses for granted, violation of payment terms as per MSMED Act, 2006 and malafied intention of defrauding the stakeholders.

They have also request the various authorities to stop the IPO of the Nuvoco for safeguarding the interest of large public and stakeholder’s till the time result of this Insolvency Petition doesn’t come.

Google Drive Link having all the Insolvency Petition documents https://drive.google.com/drive/folders/1RzAhtZ_ei5NwDCM5LwxG0g8Ztegyo4VD?usp=sharing

The website of the company is : https://nuvoco.in/

Admin.may correct it as the website posted above leads to a single page which does not go further.

Chances of negative listing are high .....Big avoid..

Hello Everyone

I already have pending UPI Mandates in my BHIM Application for Exxaro & Windlas, which I can accept till 9th August 11:59am. I have separately kept funds for applying in CarTrade. Other than that, I have only 1 lot balance.

Out of Nuvoco, Exxaro & Windlas, which IPO should be considered for the purpose of listing gain ?

Please Reply

Aniket ji,
Pray for your kind guidance regarding the buyback of the shares of R Systems international
BUY BACK PRICE IS Rs.225/
Record date 27/8/2021
Through Tender offer
Quantity of buyback 13,33,000 share

Dear KAMMA SIVA RAMA KRISHNA Jee,
Innocency Means Deep Knoweldge About The Stock Market.

Sharma ji,
Thank you very much for your kind enlightenment. I could not understand earlier. Now it is cleared. Once again thank you very much for your prompt response.

Strong Anchor Investor SUBSCRIPTION by SBI MF and many more fund houses. When fund houses themselves have been allotted with 570 ISSUE PRICE then don''t need to worry. A sure subscription for retailers for decent returns ie 10% to 20% on listing. Remember me around listing day.

Dear experts

I have limited funds so it that better idea to go with nuvaco insted of Devayani/Krishna/Windlas. Nuvaco has better allotment chances but not sure how good this company and is there any fancy in the investment circles for this ipo

More fancy less foundation

More fancy less foundation 😜 , this is good one.
Their TV add also looking the same.

I think this should be aviod,
and go for ITC.
GOOD STOCK FOR NEXT RALLY.

We are avoided during lottery, did not get any allotment in last 6 IPOs.😩 Ab isi se ummid baki hai. 😒

Retail easy allotment means negative listing barring exception of Gland Pharma

Dear All
Little bit worry about the company profit.
2019 and 2021 in profit in hundreds and 2020 in Thousands....something fishy....

I think it''s bcz of COVID pandemic nd acquisition of Emami cement otherwise promoters seems very optimistic on revival of assets

Covid has hit only this company. All other cement companies are happy to make profit

Nuvoco nu foos ty gyu........ Gmp 26-27

Not a subscribe more then 1 time in retail now

Sharekhan T i have never never mind if u goes r8

@sharekhanT
How does posting same message over a short period helps the stock?

*Nuvoco* As the company is making losses, P/E ratio cannot be calculated. At the higher price band of Rs 570, the offer is made at around 16.9 times post-IPO EV/FY2021 EBITDA. Listed industry peers of the company are Shree Cement, JK Lakshmi Cement, JK Cement, Ultratech, Sagar Cement and India Cement. In comparison Shree Cement trades at 23.86 times its EV/FY2021 EBITDA, JK Lakshmi Cement trades at 6.55 times its EV/FY2021 EBITDA, JK Cement trades at 14.99 times its EV/FY2021 EBITDA, Ultratech trades at 17.47 times its EV/FY2021 EBITDA, Sagar Cement trades at 5.47 times its EV/FY2021 EBITDAand India Cement trades at 10.96 times its EV/FY2021 EBITDA. All these peers are making profit at the net level also.

Multiple choices for investors without blocking the money till listing in case you want exposure to cement stocks
Nothing Nirma here

FY 21 was a bumper year for all listed cement companies and still Nuvoco posted loss that year. Is it not fundamentally negative for the company and lacking something in their business seriously? 🤔🤔

SEBI regulations say that minimum average of at least 3 years (out of of the last 5 years) operating profit (read EBIT) should be greater than 15 cr...then 35% retail quota is allowed and if this test fails then retail quota is 10%. There are other criteria too that lead to this retail quota...but the above is the profitability related criteria

No promoters are very postive about revival of assets ....negative results may be due to pandemic

Is there any GMP & is it worth applying?

It''s around 40 and expect to grow with anchors list published yesterday

Most anchors are SBI group.

Not only SBI....list published yesterday also include ICICI, Nippon, Franklin, APG, etc

How is its anchor investor list?

It looks excellent...such as ICICI, Nippon, Franklin, APG, Merai etc. as per list published today....

Considering the list published yesterday it seems excellent

Retail 10 or 35%?

35%👇


Retail Category
The portion of the Offer, being not less than 35% of the Offer, or [●] Equity Shares,
available for allocation to Retail Individual Investors, which shall not be less than the
minimum Bid Lot, subject to availability in the Retail Category

Can we have each IPOs QIB, HNI, RII category %wise distribution info on the main IPO page.
If we already have pl tell.

Major reason for IPO bunching in August is the fact that US investors are not supposed to rely on accounts data older than 135 days. Which from 31st March comes out to 12 th August.
It is more true for anchors. Who have to given internal rationale for buying. They can not by law invest in companies whose financials are older than 135 days and show reliance on those financial numbers
So next rush we will see around Nov 1st and 2nd week